Why is the DCA the best strategy for investing in Bitcoin?
I have been seeing DCA everywhere and you need to tell me what it's all about before I do my research.
For you to invest in Bitcoin I know you are going to allocate money to invest in the market. You buy and hold for many weeks/months/years as long as you want to hold. I want to know more about the DCA everyone has been talking about so I can choose a better investment plan for my altcoins buying and holding.
Sorry I was unable to answer this question immediately I got the notification, it was not intentional but because I was busy with other things un real life but am here now, am so sorry once more.
what makes DCA method the best method of investing in bitcoin is that, DCA method is very effective and efficient, you don't have to own million before you can invest in bitcoin, this strategy called DCA gat your back, what you just need is invest with the amount you can afford frequently without being pressured, you don't have to go beyond your means to invest, just have a source of income, figure out your discretionary income, then you are free to invest, this method of investing in bitcoin accommodate both everyone it doesn't have limitations when it comes to individual financial status, individual interest is what matters, the amount you use don't really matter as long as you can afford as low as $1 consistently though this amount is small but being consistent in your DCA and also seeking for more improved income will grow your portfolio overtime, i will advice if you're yet to start, the time is now, wait no more.