I definitely prefer dollar coast average rather than trying to time the market, I DCA every week on BTC, ETH, GRT, SOL and ADA on Coinbase, itβs all about patience and consistency.
I had a question for you?
If you dca, once or twice a month with the prices now, you should be able to cut your average price by a lot. So you bought at ATH, buy a bit a month, cut your average price by 50% or more, you can still win…obviously depends on what you bought. Everything is down, but there is still money to be made. Sell on the way up at the end of 2023, just keep track of what you bought at which price. 2X to 5X your money is still easy with a bit of time
"Dollar" cost average applies to dollars or actual investing, not gambling with imaginary magic beans.
Been thinking about diving deeper into dca, I definitely lack competence. Now that I have some tether to spend, this vid came out just in time
"What's the point of being alive if you don't at least try to do something remarkable." _Anonymous
"The ones who are crazy enough to think they can change the world, are the ones who do." _Anonymous
this is cool video about ADC. can you check GHNY, i will really love it if you take a liitle time to do research about them ,if possible do a video about them.
"Trust because you are willing to accept the risk, not because it's safe or certain." —Anonymous
It <makes sense, BTC and crypto is off helping to regulate, rather that pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. And benefits they were unaware with before turn out to be far more beneficial. Few if any rug pulls. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. Iβd get involved more knowing that I have made over 18` BTC from day-trade with Tobias Meylan Crypto in few weeks
Of course if you can get your lump sum in at the bottom, that is the best. Unfortunately, nobody can time the market so DCA is overall the best, simplest, and least stressful method.
Great explanation and comparison
I'd rather do as much as possible as early as possible and top up each time I get more money
What are your thoughts on DCA into BTC using Strik and moving the crypto in to cold storage? Does the savings using strke better than using other exchanges?
personally I like the adage… Time in the market is better than trying to time the market. I'll keep DCA'ing until BTC gets to $30k…
Great< video and some nice tips! This is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 19` btc from day trading with Harvey Creswell Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish.
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I definitely prefer dollar coast average rather than trying to time the market, I DCA every week on BTC, ETH, GRT, SOL and ADA on Coinbase, itβs all about patience and consistency.
I had a question for you?
If you dca, once or twice a month with the prices now, you should be able to cut your average price by a lot. So you bought at ATH, buy a bit a month, cut your average price by 50% or more, you can still win…obviously depends on what you bought. Everything is down, but there is still money to be made. Sell on the way up at the end of 2023, just keep track of what you bought at which price. 2X to 5X your money is still easy with a bit of time
"Dollar" cost average applies to dollars or actual investing, not gambling with imaginary magic beans.
Been thinking about diving deeper into dca, I definitely lack competence. Now that I have some tether to spend, this vid came out just in time
"What's the point of being alive if you don't at least try to do something remarkable." _Anonymous
"The ones who are crazy enough to think they can change the world, are the ones who do." _Anonymous
this is cool video about ADC. can you check GHNY, i will really love it if you take a liitle time to do research about them ,if possible do a video about them.
"Trust because you are willing to accept the risk, not because it's safe or certain." —Anonymous
It <makes sense, BTC and crypto is off helping to regulate, rather that pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. And benefits they were unaware with before turn out to be far more beneficial. Few if any rug pulls. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. Iβd get involved more knowing that I have made over 18` BTC from day-trade with Tobias Meylan Crypto in few weeks
Of course if you can get your lump sum in at the bottom, that is the best. Unfortunately, nobody can time the market so DCA is overall the best, simplest, and least stressful method.
Great explanation and comparison
I'd rather do as much as possible as early as possible and top up each time I get more money
What are your thoughts on DCA into BTC using Strik and moving the crypto in to cold storage? Does the savings using strke better than using other exchanges?
personally I like the adage… Time in the market is better than trying to time the market. I'll keep DCA'ing until BTC gets to $30k…
Great< video and some nice tips! This is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 19` btc from day trading with Harvey Creswell Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish.
How to ming bitcoin app