Ok, I agree, DCA works and in fact it's worked very well as my history documents here in WO, just trolling the growing FOMO sentiment
couldn't help myself lol
You have credit in part for introductory to a DCA strategy and education here, cheers! Never did fancy that ladder approach stuff though
Conviction is the secret key to
BTC success coupled with being a level headed actor. Easy, not easy right?
DCA is simple and easy and works almost all the time. It does better than almost any other thing except outright buying as much as you can from the start.
The other thing is that DCA may be the only thing most people can do anyways, since they get paid twice or once a month, then that's the only time they can buy into BTC.
For those who have a huge stash of cash and not sure whether they should buy all in or DCA, they can hedge and do both 50/50.
If you have 1 billion dollars, you can do what Tesla and MicroStrategy did and buy as much as you can in as short as possible a time frame, or you can buy 500 million to start, then DCA the rest over the year. If the price goes down, you buy more. If the price goes up, you end up with less, but you already got in halfway with the first 500 million.
