Is there any topic specific to DCA?
thanks
DCA - an investment approach in which a fixed amount of money is invested in specific assets at regular intervals, regardless of market price fluctuations
In simple terms, this is a great approach to investing where you don’t have to go through FOMO, track the price of Bitcoin, and constantly worry about investing in Bitcoin when the price was not profitable. A great DCA strategy takes everything into account. You simply invest at regular intervals, accumulating fractions of Bitcoin.
This is the most simple and effective for beginners. I have heard that many experienced traders have lost money in search of the perfect trading strategies, and ultimately chose DCA.
Since our weekly or monthly expenses might vary, it isn't advisable to invest a fixed amount of money into Bitcoin because you might put yourself in difficult situations in some weeks or months just to meet up with your weekly or monthly fixed DCA money. When you want to invest in bitcoin with the DCA strategy, you don't need to use a fixed amount of money so that any week or month your expenses are way too big; you can invest with your available discretionary income, and there will be no need for you to put yourself in difficult situations just to meet up with your fixed DCA money.