I will be buying daily for the next 237 days. Lowest BTC will go according to my analysis which I posted on 27th Jan is $24k which is 200 Weekly Moving Average.
This changes the price drop from current price from 46% to 30%.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FBSlj1wx.png&t=669&c=sr3FzRi2V_H4tg)
Have a good week ahead, happy buying.
Maybe you are hitting on another developing pet peeve of mine?
Daily cost averaging seems to be a misleading attempt at a euphemism... and the term is not daily cost averaging, it is dollar cost averaging (this correction about the "proper" term does not have to do with the dollar.. but instead getting away from expectation that there is any kind of meaningful justification to be maniacally in regards to buying every day.. which is more of an advanced practice rather than an entry-level practice).
Proof that you do not read before you jump to conclusions. Daily DCA
Daily DOLLAR COST AVERAGING
Not meant for everyone to read it properly, I guess?
Also, there is no particular strategy on when and how you accumulate, you just do it.
It seems that the best strategies are to attempt to tailor to your own psychological and financial situation in terms of both figuring out a sufficiently aggressive approach while NOT overdoing it....
In terms of BTC accumulation, I always consider dollar cost averaging to be the most important because it allows for getting in almost right away (after setting up accounts - wallets, or whatever to be used to get exposure) and then to be able to learn as you go.. to then be able to tweak your strategies.. and surely the other two main methods that can supplement DCA is lump sum investing and buying on dips...
Surely it can take a long time for anyone to figure out the better ways to attempt to tailorize those methods to his/her situation..and surely sometimes when someone is really dumb (not meant as an insult) or confused about what to do, DCA can serve as a kind of means to do something with a relatively small amount while maybe studying one's own situation and to adjust the approach in the future.