Topic: What DCA(Dollar Cost Average) does for you (Read 467 times)

Exactly. That is why DCA is the best method to invest in bitcoin because when you use DCA you won’t boarder whether the market is at dip or high; all you want is the price to reach your target before you sell, and also DCA has less risk compared to any other method you can use to invest in bitcoin; furthermore, it can make it easy for you to set an amount that you can be investing based on your source of income. You can be investing using the DCA method gradually, and before you know it, you will be able to accumulate enough bitcoin in your wallet.

When you use a centralized exchange, and make a withdrawal request, exchange will approve your request and proceed that withdrawal for you. You don't have to consolidate many inputs or use many inputs from DCA for your withdrawal. The exchange does it for you and they charge you all in withdrawal fee that is expensive.

When you make deposit on centralized exchanges, they will automatically move your deposit to other wallets, like their cold wallets, or hot wallets but for input consolidation. Later, when you withdraw your coin, they proceed it from their wallets.

Generally they don't do it free for you and at the end they charge you very expensive withdrawal fee.

Don't forget that the amount that you are using to buy once in a month can be spread in the number of weeks for that month and it will be the same. Transaction fee should be paid once, you are ready to send your bitcoin from the exchange to your private wallet and be careful of very small UTXO.

DCA has given everyone both the rich and poor the  opportunity to invest in bitcoin and grow their bitcoin stash overtime as long as they can afford a little amount to invest with regularly. If not for DCA,  I wouldn't have been able to acquire the quantity of bitcoin in my possession.

Investment means using your money to purchase bitcoin. You can not deposit bitcoins when you didn't have it because you did not buy it. 

You don't pay transaction fees for your purchases, but trading fees. You don't pay transaction fees for your withdrawals from exchanges too and what you pay is actually Withdrawal Fee.

• https://www.cryptowisser.com/exchanges/
• https://exchangewar.info/

If you have decided to deposit bitcoins and want to do DCA for long term, weekly or monthly deposit plans can be beneficial and transaction fees should not be a big obstacle. You can add that fee on top of the purchase price and charge it to subsequent sales. When you buy something from a super shop you have to pay extra fees on some products which is normal and you should gladly pay it. Similarly, paying transaction fees for investing in Bitcoin should be considered a normal process.

Investors who have weekly income should take weekly decision in doing DCA otherwise discretionary income might be spent and investors who have income in monthly form should decide to deposit bitcoins from discretionary income to DCA method accordingly. You should be flexible about Bitcoin transaction fees rather than being rigid so that fee don't become a major obstacle when holding Bitcoin.

Many of us have different timing plans for DCA. Many do weekly DCA or many do monthly DCA. Many even do fortnightly DCA. Frequent buying in DCA method is not a good decision. Because, we have to keep the transaction fee in mind. You pay a fee each time you buy, but your transaction fees will increase if you buy more frequently. Therefore buying more than 4 times a month is not a good decision. If your amount is more then you can buy 4 times in a month. If your money is less then it is better to buy once or twice a month. Because we need to balance investment and transaction fees. Buying more than four times a month may result in higher transaction fees. Determine how often you will buy based on your budget.

Capital availability decides your repeat purchasing time too. Like if you can have only $10 weekly for investment, you will need to wait like 5 weeks or 10 weeks to do each DCA round with either $50 or $100 purchase. It will save your trading fees, and your withdrawal fee too.

People with big capital don't have to care too much about withdrawal fee or on chain transaction fee when moving their bitcoin. Because withdrawal fee or transaction fee is surely too small compares to their capital value or withdrawal value.

Buy in a bear market, especially 1 or 2 years since ATH of last market cycle, is very good for accumulation, reduce risks of buying in middle of correction from ATH to bottom, and it reduces your entry cost so that in a next bull market, you will have better ROI.

During a bull run, simply do DCA if they have capital for it, and if you want to invest more.

I think that the best way to do that is to think on percentages rather than in cents or dollars. As you said, fees are important if you make many little purchases, but if you buy less often or higher amounts at once, fees get diluted.

So maybe you can say: I'm willing to pay up to 1% in fees, and 50 cents in fees are fine when buying 50$, but not 3 dollars in fees when buying 50$, but yes when buying 300$.

Anyway, if you will lose a great opportunity to buy just before the FOMO like what we are seeing these days, then perhaps you should forget about high fees and buy before it gets more expensive.

No problem and I also did not consider the fact that each year if have 12 months it does not mean one month will always be 4 week (28 days) as there are 2 or 3 extra days always there so yeah 52 weeks is a good number for 1 year and I plan to invest till next ATH which probably be 4 years long cycle.

1 year if have 52 weeks then 4 years will have 208 weeks and a weekly investment of $100 (which is impossible for me because I live in middle east) I will have more than 20800 worth of BTC right?

But yeah I think if I were able to save $100 per week then maybe in 2 years I would save $10k but I just know that's not possible for me at the moment as I also don't join gambling projects so other projects are so rare like the one I am joining now therefore I won't depend on these side jobs to make $100 per week that's why I mentioned in the first place I have to find a good job or side income source.

Whenever you decide to do Dollar Cost averaging you should consider the times when the fees are low. This is one aspect of this conversation that is not talked about a lot. And I know the community wants to make DCA as simple as it can be but what to do when the fees are high but you still have to DCA.

Assuming that transaction fees are always low then DCAing every other week is ideal if your investment money is small. DCAing every other week is not ideal if the transaction fees are high and the investment money is small like say $50. In this case either fortnightly or monthly is ideal.

It is my typo. 2 years equal to 24 months, not 48 months.

And in fact you will have to invest somewhere between $90 to $100 weekly in 24 months. Each year has more than 48 weeks, it's actually 52 weeks. Perhaps when I typed that post, I confused between weeks and months like I thought of weeks but then typing 48 as months, I am sorry.

If you invest $100 weekly in 48 weeks, total invested capital is $9,600.
If you invest $100 weekly in 52 weeks, total invested capital is $10,400.

With that tool, you can try to see DCA effect for your capital with duration in a bear market and in a bull market.

DCA is a strategy where you can start your investment with a small amount of money. Also, if you are not very experienced in investing then this strategy is considered best for you as your investment will grow with time and your experience will also increase. As DCA strategy can be started with very small amount of money, now all professional people are suitable to invest in this method.

The investor should have a fixed source of funds to invest in this method so that he can continue to invest comfortably regardless of the investment.

Dollar Cost Averaging (DCA) this investment strategy is suitable for everyone. Moreover, DCA is an investment strategy that is applicable for all market periods and not just for bearish seasons. The main objective of investing in DCA (Dollar cost Averaging) strategy is to reduce the average cost of your investment i.e. your average cost will remain the same regardless of whether you buy bitcoins at any moment of the market for investment.

For example, if you take the initiative to buy $40 worth of Bitcoins on a weekly or monthly basis, then if the price of Bitcoin rises, you can buy a smaller amount of Bitcoins at that price, and if the price of Bitcoins falls, you can buy more Bitcoins with the same amount of money. Your average cost of investment will remain the same whether the market is up or down.

Yes you are right Dollar cost averaging is smart way for people investing in cryptocurrencies to increase their holdings. It involves regularly buying coins no matter market is going up or down. For this purpose investors should be disciplined patient and financially strong and secure. This helps reduce risks and achieve long term growth. Beginners should learn about this good strategy and they should have kept in mind that they have enough money and set clear goals before starting. With doing so they can earn extra money without actively working for it and navigate the complex cryptocurrency market with confidence.

Not for everyone doesn't want to do it since maybe people have difference preference the way how they approach their investment and what they want to happen on it. But for those people want to use it and eager to get the best result for their investment then provably its for everyone doing thinking about doing that. Since there's really no need to do technical matters and we just need to act consistently on doing this method also our accumulation. There's nothing much to think about since our only main concern is to accumulate and hold our bitcoin for long time.

This is what those short term thinker people since maybe they think that bitcoin trading is the best option for them and provably that later on they provably realize that somehow they are losing to much on those trades they made.

The DCA strategy is a good strategy for accumulating bitcoin for long-term purposes. With the DCA strategy, you will eliminate the stress of trying to figure out when it is best to buy bitcoin, which could cause you emotional damage if you buy bitcoin at a high price. The DCA strategy allows investors to buy bitcoin even if it is increasing or decreasing since they know they will be buying bitcoin at different prices either on a weekly or monthly basis. One of the benefits of the DCA strategy is that it allows investors to control their emotions when they are accumulating bitcoin.

I will prefer using money that you will not be needing for 4-10 years or more to invest in bitcoin so that you will not depend on your bitcoin investment to sort out your daily expenses.

Here it goes for me.

I am no economy, investment and finance expert.

But with this strategy, it made me look like I am a genius because of the results that it has gotten me.

I was able to beat those financial guru friends that I have and it does look simple at all but DCA isn't for everyone that are not willing to learn and become consistent with it.

Not always, there are times when buying at once would have been a better options as you get more quantities of Bitcoin during this time than DCA. I don't denied the facts that DCA is the best strategy for investing in Bitcoin but when you see the opportunity to buy the bottom of the market, don't miss it but take it with full effort.

Also you have to know yourself because it isn't everybody that can stay true to DCA and not use up the money for something different. Know yourself and know how good you're with money and following your plans before you start to DCA.

For some people, it's just better they buy Bitcoin once and hodl (especially for people with very long term plans of holding for 10yrs+.) buying Bitcoin that very moment and just hodling would be advisable.

You’re right it’s simply looks like trading but it is still DCA because you’re still catching trades at different levels and accumulating them and at the end is still averaging so it’s still DCA but not the regular usual DCA. The only difference is that one needs the knowledge of fundamentals and most importantly that of technical analysis to analyze the chart. Just like you said it is not necessary to have it but sticking to the timeframe buy is ok. But regardless no knowledge is actually a waste.

A smart DCA by reading of the chart is a double edged to get more proportions imagine looking at the charts and seeing the coin at a low and you are predicting that it will bounce back from that low later before your next manual DCA accumulation period, this knowledge will help you to buy more at lower price than the manual one, the only disadvantage is don’t use it alone if not you will miss some lows while waiting for further dip, use the usual manual method and accumulate more when the chart shows a good dip

I know the DCA plan is possible, that's why I targeted for $10k and thanks a lot for providing these sources but I did not understand how you calculated that if I will invest $100 every week for the next 48 months and let's say each month have 4 weeks so 48*4=192 Weeks and each week investment is if $100 then its 19,200$ not $100 the website you provided is a good source I also spent good time on this site but see it allows us to calculate our past, like if we would have bought in 2021 and after three years how much we would be making now.

It's just a good calculator to help us understand will doing Lump Sum in 2021 or DCA from 2021 to now, which would be more profitable.

But still thanks for encouraging, to make $10,000 I have to do a DCA on weekly basis of 48$ for the next 4 years (48 month) hmm I think I can do DCA of $48 for every week I just have to find another source of income that can make me 192 a month. I know with time my profits will help me to reach $10k but I think I should not count them.

Investing using the DCA strategy is just convenient for those who are not experts in analysing the market. That is why newbies especially are advised to use the DCA strategy where they can conveniently  invest without mounting so much pressure on themselves and they would still be able to manage their risks effectively.  This does not mean that the DCA strategy is not without it's own challenges. However, what matters most here is the ease of investing.

Those who on the other hand wish to buy lump sum at once are not in any way making a stupid investment decision. They must have understood the risks involved in buying lump sums and would even be earning more returns if they are able to perfectly time the the market.

Some can decide to use the hybrid strategy where they make an initial huge purchase and keep adding up in small amounts using the DCA strategy.  Whatever strategy one intends to use will depend on their experience and risk tolerance.

Buying at ago is not a bad thing, because at a point you will also learn to know that DCA is not only the strategy to accumulate bitcoin. You will still come across lump sum and buying the dip. So in this case lump sum could be said to be an extra amount or bonus a person or an investor received from may be a place of work or a money won from lottery which is used to buy bitcoin at once or at ago. So this kind of money invested are usually not for buying bitcoin at each dip or DCA. so In this case it can't be classified as running a risk of buying high as you said . because it was not for the purpose of Trading nore dip nore DCA, but just to buy and stack for future propose and not for imidiate use. When you think of lump sum think of an amount that will not be needed anytime soon just like the DCA accumulation amount is for a longer time which makes both appears to be one despite it comes in different ways.

DCA strategy is not a strategy to buy more bitcoin when the price is low and or buy less when the price is high. It is the buying of business regularly either every week or every month at any price of bitcoin. But although Buying each dip is a strategy to buy bitcoin when its dip, to leverage on the opportunity to accumulate more or to recover the amount lost when you may have bought bitcoin high during the DCA.

100million SATs makes up 1bitcoin or you can say 1BTC is equal to 100million SATs

If you continue to stack sats for a long period, your small weekly or monthly purchases can grow into a large sum of bitcoin savings.

Crypto is always use to describe shitcoin or altcoins, it will be better you preferably use the bitcoin as people don't accumulate shitcoin.

DCA is the best solution in Bitcoin investment, especially for Newbies, to reduce the impact of price fluctuations traded in the market by buying at varying average prices. In addition, the DCA strategy can help investors reduce psychological risks by avoiding counterproductive decisions due to greed or fear in investing. Newbie investors also do not need large capital to start investing because what is needed with this strategy is consistency. They can also build investment habits with small capital without having to wait for the right time, as long as they have capital ready to be used for investment, it can be done at any time, DCA can also reduce the risk of Volatility.

the DCA is an anti procrastinators methord that helps you buy Bitcoin without giving excuses of Bitcoin being at a certain value and that's why you are not able to buy. It's an approach for those who are ready to start small and do it consistently for a number of years untill they've achieved a particular number of accumulated Bitcoin in Thier wallet. It doesn't guarantee that you will always buy at a cheaper rate and in most instances, the likelihood of you buying at an high price might be much but doing it for multiple circle will place you above the range of prices you started accumilating the Bitcoin.

One thing I've learned about the method of DCA is that it takes away the idea that owning Bitcoin is for the rich or that you have to buy upto one whole Bitcoin or at least half of Bitcoin at a time before you consider yourself a Bitcoinner. It allows both the old, new and even the whales to buy Bitcoin routinely through that methord.

Dollar Cost Averaging is in my opinion the only Investing strategy that fits everybody.  If you do not have the time to do research about the Market, this is the solution.  If you have the time but feel overwhelmed by the information, this is the solution.  If you feel like you are late and do not know where to start, this is the solution.  I can not think of any scenario where Dollar Cost Averaging hurts your Portfolio, except if you are looking to day trade or make large quick Profits.

Is Smart DCA not Trading though?  It looks like it to me.  As far as I know at least, the point of doing Dollar Cost Average is precisely not requiring any knowledge about the Markets and simply purchasing Bitcoin every now and then with out caring about what the Price is at the time.  If you do Dollar Cost Average by researching Charts and Markets, that to me is just Trading.  But I may be well wrong.

Dollar Cost Average aka. DCA is a strategy that is applicable and efficient for all market phases, not only restricted for practice in bear market. You can do simple traditional DCA or Smart DCA but they are all working well for your portfolio if you are an investor with holding strategy for a long time.

It's more simpler to use DCA (traditional DCA), because smart DCA requires you to be an experienced investor with deep understanding about the market.
DCA vs Smart DCA, what do you choose?

Saying DCA can be used only for a bear market, is wrong.

Dollar cost average is a strategy some investors use to grow their Bitcoin and cryptocurrency in their portfolio by continue purchasing Bitcoin and cryptocurrency in the bearish season and hold for a long term to fulfill the purpose of holding the coins in their portfolio. Dollar cost average strategy, it will make you to be bold in accumulating your coins in the bearish season or bullish season, because the investors using that strategy know that they are not selling the coins in a low price, because they have a positive target to catch up with in the nearest future. It will increase your income when you know how to use the dollar cost average strategy very well,  because many investors use it for income purposes but as a newbie, i will advice you to have the knowledge and to be financial buoyant before making use of the dollar cost average method to accumulate Bitcoin and cryptocurrency.

Bitcoin's Market cycle can help you to plan your DCA in a next bear market.
Bitcoin price history by years.

Assume that you have two years of bear market or a little bit longer or shorter, here we count 48 months for making a DCA plan. Now with this assumption of bear market length, let's see your capital for DCA is $10,000.

It will require you to do DCA weekly with $100 each week and do it regularly in 48 months.
https://dcabtc.com?sd=2021-11-01&sda=3_years&f=weekly&d=2_years&ac=10000&c=false

You can do it with your signature campaign in bitcoin forum and with part of your salary, so I really see this DCA plan is possible.

You are right once we are focusing on buying BTC and planning to accumulate some then we easily overcome our urge to buy unnecessary things or even the new models of any machinery too that we usually buy but with this mindset, we won't, I exactly followed this method and abled to hold some amount and now I will try to accumulate more in this bear market as well so I am trying to make extra money by finding small jobs.

I hope I will have enough money in this bear cycle that I will be able to accumulate BTC of at least $10k. I know some will say we should make our aim in satoshi not in dollar but that's suits best for me as to think better. DCA saved me money, helped me build portfolio, and to be honest while I was doing it I did not knew I was DCAing haha.

Yea,
The problem with one time purchase is targeting the low and be very sure that it is actually the low, and not from low to the lowest.
Another advantage of DCA is the idea of invest-as-you-earn or invest-as-you-can. While giving you the opportunity to buy in mitigated loses, you can also buy according to your financial strength.
The greatest advantage is that it doesn't actually require too much knowledge of the chart and the candles. It is the best and non technical way of investment.

DCA is a practice and this practice have helped many newbies to accumulate Bitcoin with ease and at no pressure at all since they are just putting in small amount out of their cash flow to buy Bitcoin at regular intervals, this approach is much less risky to investors and easy to understand and cope with, that is why most newbies have accepted and adopted DCA as the startup approach for them since it less they risk.


You have to be careful also when you buy while using this approach, because using DCA on a wrong market timing can result into crisis along the way, since you can mistakenly be buying when the price of Bitcoin is at high price which means you wait longer to see positive results from your investment.

Investing in general involves risk, and investing in Bitcoin is no exception to this. But if you use DCA, you will get a better average BTC purchase price, but this does not mean that your risks will be lower than with a one-time purchase at a low price.

DCA don't give a huge benefit to small investor to turn his money into big profit because if you have 1000 dollar and you are buying every week or at every dump of 2% with 100$ then you won't make any big difference and big profit because you might invest that money in a week with dump and pump percentage method and even if you chose time method then you might have a chance to make some profit but still transforming to big investor is not possible.

Only a Lump sum can make you a big investor with a small investment. The DCA method doesn't decrease market volatility, but it decreases the pressure of market volatility on you. I think English is not your first language, haha. Don't mind, please.

But I agree with you as DCA is good for any type of scenario in the market and without even a plan you can accumulate BTC over time with DCA so to make that accumulation profitable either we need plan or we need to wait for a long time.

Just reflected back at when i was new into bitcoin and i was often hearing about the DCA strategy, was lost for some time before i came across some topics that helped me to know what it actually is all about. You did well on your explanations about the DCA strategy and i hope others who have been looking for a thread about some explanations regarding the DCA strategy will find it helpful. DCA strategy have been considered as the most convenient method of investing in bitcoin for either a beginner or anyone who don't have enough funds to buy bitcoin at once or those who finds it more easier to be buying same amount of bitcoins within different periods of time while they grow their portfolio in the long run.

Dollar cost average has given me the opportunity to be able to handle other financial responsibilities without giving up the possibility to reach my goal of owning 1 Bitcoin. There are other amazing things which dollar cost average does for me as you have mentioned however I needed to personalize it to my current situation. Infact it has become so automatic that I look for to the specific period to DCA.

The use of this purchasing pattern is mostly advisable for the newbies and even those that are experienced and couldn't afford to risk their investment more on their assets.

Another added advantage for using this strategy is to be able to reduce the cost for loss, whereby there is reduced level of taking risk, while investors can find the best and affordable entry point to the market.

If you are this concerned about investing following mainly the DCA strategy or even anyone then this thread can be of importance Buy the DIP, and HODL! .

In the context of your explanation, DCA strategy is preferred but other strategies are all effective, it basically depends on when and how it is being applied. During the DIP, most investors might consider taking advantage, this implies purchasing that particular DIP with a lump sum of money higher than the usual amount. All strategies are unique and goes along to build a better portfolio.

I don't think that's true, because inasmuch as your plan is to invest for a long term, then there is no need to be worried about the price of Bitcoin when you bought it, because in a long run, it's price will always increase. It's only people who have a short investment timeframe that should be worried.

Though the fluctuating price nature of Bitcoin might be seen as an issue, its still nothing literally to be worried about for those who had the mindset of long term. Mere doing a Dollar Cost Averaging method is far safer than trading, hence, it's a good strategy for both newbies and those who wishes for a better alternative to save money far better than fiat bank.

Well hope you aren't amongst those people who got the idea about cryptocurrency being very easy.. with hen recent emerge of tap games and airdrops, a lot of newbie has began to see crypto as an easy way to get rich of which it isn't.. well DCA like you said is the best method for any investor to acquire coins without having to wait a long time for market to dip. With DCA, all you have to do is to set a certain amount of money and at a particular time you purchase your coins.. you can also increase the amount your buy once you have a raise in your source of income...

Yes, with DCA the risk will be somehow minimized. With DCA, there is no need to time the market. As long as you do DCA regularly regardless of its price, rest assured your investment portfolio will grow and attract more potential profits, leaving your emotions not at risk anymore. And with discipline and consistency, DCA becomes more valuable and profitable.

DCA plays an important role in investment, which we do  consider important in long-term investment. Since DCA is a matter of long-term planning, in that case the investor has to adopt the DCA method. If you carry out investment activities outside the Dollar Cost Averaging (DCA) method, then you can be immersed in the volatility of the market.
DCA is of immense importance in Bitcoin investment, which helps the investor to create a good portfolio in the case of long-term Bitcoin investment. Gradually, an investor becomes a full investor through the DCA method and can enjoy the benefits of getting a good return. Since Bitcoin is volatile, investors have to sow the seeds of their long-term strategy through the Dollar Cost Averaging method, then you can enjoy the benefits of a good investment.

Accumulating Bitcoin using DCA is less complicated and convenient for newbies. It helps you to accumulate Bitcoin based on your capacity without pressure. However, investors would have to do some level of planning before engaging in DCA. You have to ensure that you are investing funds that you can afford to live without and there should also be a financial template for emergencies. Emergency funds serve as a means of protecting your DCA funds from premature liquidation. If you don't have funds to fall back to in times of unforeseen occurrence you might be forced to sell even at a loss.

DCA is a method that helps you invest without any headache. The most important benefit of DCA is that it gives you enough time or opportunity to transform from a small investor to a big investor. If you can maintain consistency in DCA and its duration is either 8 years or more than 12 years, you can accumulate more bitcoins than you expected. I think DCA will be most effective for simply growing your portfolio.

DCA has many other benefits. For example, reducing market volatility, allowing for buying in all types of market conditions, allowing small or large series of purchases, taking projections according to your situation, etc. But all strategies have risks, including DCA. You must be long-term and ensure investment protection for DCA for good results. Even you need to have a proper plan.

There are many Bitcoin units.
[Did you know?] Bitcoin Table of Units

With DCA strategy, you can make purchases any time for Bitcoin accumulation. You can do it on a basis like weekly, monthly, quarterly or anytime you have money for investment.
https://dcabtc.com/
https://costavg.com/
https://www.bitcoindollarcostaverage.com/
https://www.cryptodca.org/

You can use this method for taking profit.
[ANN] JJG Sustainable Bitcoin Withdrawal Strategy
https://bitcoindata.science/withdrawal-strategy

DCA is DCA with your money, own money from your pocket. It's risky if you use the word leverage DCA, that can mislead people to use leverage for their investment. By using leverage, they are taking higher risk and it will become more like gambling, not investment. Leverage usage can cause liquidation that brings big loss when it happens.

DCA buying practice can also help any investor using it to manage his finance properly, because funds that you will use for unnecessary things will be used to DCA without thinking twice, since you are focused on buying regularly to increase your stash. It is the most easy, effective and efficient method for a new investor to use in building his bitcoin portfolio overtime, as long as you don't over do it with an amount that you cannot afford to do away with.

That's true DCAing give us the opportunity to purchase bitcoin at different price interval, because with DCAing we don't need to time the market or to waste your time minoring the market always, ( is only if you're a trader) but for investors we focus on accumulating bitcoin for long-term gain, so all we just have to do is to have a fixed time to always execute our DCAing purchases either weekly or monthly.


Sometimes folks can choose to start their accumulation with lump-summing ( which is purchasing a large quantity of bitcoin once , without breaking the payment down ), just to give themselves some nice head start In their bitcoin accummulation, before using DCAing to push things forward.

I just got onboard crypto this year during the notcoin frenzy and other TG drops. And since joining this platform I’ve read posts about DCA been the best strategy for accumulating bitcoin.
I’ve taken my time to read about it to know more and it’s not only for a newbie.
I made this post to outline some of the benefits of DCA, for newbies like me and others.

Here’s what DCA does for you:

It solves the problem of trying to calculate and monitor the market to catch it on the low, we know it’s best to buy on a low but with DCA it does this for you at the best time seamlessly.

Investors who put a huge sum of money into the market at once, run the risk of buying at a high, which can be very uncomfortable and upsetting if prices were to fall. The potential for this price drop is called a timing risk.

But once you’ve set up your specific amount to buy and at what intervals (weekly or monthly). It buys more Bitcoin when prices are low and less when prices are high.

It saves you enough time while growing your wealth no matter the market price.
It saves you from headaches and emotional forecasts (I.e panic buying and selling)

It lets you start small and grow big ; by stacking sats( this is also a new word I learned, sats are small amounts of bitcoin, it’s short for satoshi the smallest denomination of BTC. One satoshi is one hundred millionth of one bitcoin.)
If you continue to stack sats for a long period, your small weekly or monthly purchases can grow into a large sum of bitcoin savings.

One fantastic thing is it’s easy and straightforward, you don’t need to be an expert to understand the flow, absolutely anyone can do it.

Learn how to leverage DCA to earn a profit despite crypto market volatility.
But remember investing in bitcoin has it’s risk, so you shouldn’t invest all your money/savings but if your going for a long term investment Bitcoin DCA is a wise choice.