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Popular investment strategy Dollar Cost Averaging (DCA) explained

Popular investment strategy Dollar Cost Averaging (DCA) explained



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  1. TLDR; The concept of DCA means that via several purchases of a specific asset (cryptocurrency) over multiple occasions. With DCA you don’t need to worry about timing the market.

  2. DCAing has made my portfolio quite more attractive since the 2018 crash. For example, was able to lower my average from one coin from an initial average price of $7,60, down to $1,30, which is currently up at around $2 again.

    However, I feel as if people throw this term around very loosely in this sub. BTC prices moves down 1k from near ATH, “time to DCA”. At this point you either have to have bought the majority of your holdings at the top or you’re not averaging down your median price whatsoever.

  3. I can vouch that DCA has made investing in crypto almost stress-free. I don’t need to look at the charts everyday, having my peace of mind and knowing I can focus on other things is very important to me!

  4. DCA is the only strategy that I’ve been using since I discovered it and I can’t stress it out enough for everybody to try it and incorporate it to his investing strategies.

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What do you think?

Nervous newbies are taking profits while long-term BTC investors hodl strong

Nervous newbies are taking profits while long-term BTC investors hodl strong

every day I see topics about this and especially AFTER blockchain(dot)com was down earlier this morning…. I think of Proof of Beats with Andreas saying, “your keys your coin, not your keys not your coin”