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Topic: DCA (Dollar Cost Averaging) method is a simple way to invest in Bitcoin - page 3. (Read 315 times)

sr. member
Activity: 490
Merit: 294
automated monthly deposits only work best when depositing into portfolio managers who then choose to invest more in the lows and less in the highs for you,

i still advise people should have some self management to not throw all investment allotment in the hype, and the more in the dips
buy low sell high. know the market cycles atleast

By investing in DCA strategy if planning to hold that investment for a long time then according to me it is better not to sell investments but focus only on buying investments. After an investor invests he again sells his investment and after selling he again buys the investment thereby but his investment moves forward only through buying and selling. Instead of buying and selling continuously, only buying should be continuous. And I mentioned in my first post that since people may have financial needs, instead of investing the whole amount, they can save some money to meet their needs later and to meet those needs so that they don't need to sell their investments.
legendary
Activity: 4410
Merit: 4766
automated monthly deposits only work best when depositing into portfolio managers who then choose to invest more in the lows and less in the highs for you,

i still advise people should have some self management to not throw all investment allotment in the hype, and the more in the dips
buy low sell high. know the market cycles atleast
full member
Activity: 420
Merit: 120
There are many members of this forum who do not know about DCA method of investing till now or even if they know they do not fully understand about DCA method of investing.
They must know where is their capital source for investing before can apply the DCA strategy well.

There are some websites to calculate capital, ROIs for your DCA investment but I like this one most.
Dollar Cost Averaging with costavg.com include exchange fee
https://costavg.com/

To take profit, with DCA taking profit, you can apply JJG strategy.
[ANN] JJG Sustainable Bitcoin Withdrawal Strategy
https://bitcoindata.science/withdrawal-strategy
sr. member
Activity: 490
Merit: 294
There are many members of this forum who do not know about DCA method of investing till now or even if they know they do not fully understand about DCA method of investing.

Investing in the DCA method is to invest consistently at different positions in the coin's price. There are usually several ways to invest in the DCA system. An investor can invest in hourly DCA method if he wants, he can invest in DCA method continuously every day or he can invest weekly or monthly continuously if he wants. Now the question is which one is perfect for you. Which one you take will depend on your income or money supply. If you are receiving weekly payments, you can invest a certain amount of money every day in the DCA method, so that every day the market changes and you will have your investment in different positions of value. If you find it difficult to invest in DCA method every day, you can follow this method weekly. You can invest weekly by multiplying the amount you used to invest daily. If you are not able to invest weekly, you can invest in DCA method consistently every month. 
Since there are all kinds of options available, you can choose any method as per your wish and convenience in investing in DCA method.
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