Never stop DCA’ing
Personally, I prefer weekly rather than daily, but sure at that rate of $50 per day or maybe $350 per week, maybe a couple of times a week for the buys would be cool with me to try to buy during dips in the week.
Buying the dip at $115K is a crazy thing to experience. Not going to lie, I thought we would all be flying around in helicopters when Bitcoin hit $4K, so maybe hitting a million is that far fetched. I always thought that if it happened people would be too rich, but looking back I guess I always thought that…
It is funny how redistribution of wealth takes place in a somewhat invisible kind of a way. Some folks take a bit of time, too, to get used to figuring out how to spend their money.
50/day or $350/wk is a solid 18.2K/year DCA and it is probably close to a maximum that a family (or a person) with middle class income (70-150K) in US can afford sans a ramen "diet".
However, 18K a year starting mid 2025 would most likely would not make someone "rich" in 2030, but they might have a good "emergency fund".
If you'll have an average of 40% yearly appreciation during 2025-2030 time frame, my approximation shows
about a final sum of
about $279K value, give or take $20K.
A nice "fund" for emergencies and buying a house, for example, but definitely not "rich".