Does the DCA strategy inspire newbies to invest? - page 8.

Student of Bitcoin

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Quote from: ? on November 19, 2024, 10:25:29 AM

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

See there are different strategies for investing so everyone has a different investment strategy. But the point you mentioned here is especially suitable for new investors because they are not very experienced with Bitcoin when they are new. As a result they can start investing through DCA even if they are less experienced.

_act_

legendary

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Lightning network is good with small amount of BTC

DCA is a good strategy but it is good when the price of bitcoin is low already. Example is when bitcoin fall below $16000 in 2022 that El Salvador was buying one bitcoin daily. If you want the strategy to be good for you, you can just wait until the price fall during bear market and start DCA.

?

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I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

Topic: Does the DCA strategy inspire newbies to invest? - page 8. (Read 1568 times)