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RE: Bitcoin is going to zero! We will all die! A-a-a! I was wrong! (*sarcasm*)

in #bitcoin • 6 years ago

DCA...FTW!
Dollar Co$t Averaging. Unless you really believe it's going to Zero ;)
DCA beats "timing the bottom" every time, unless you have a 100% accurate Crystal Ball...

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Absolutely! That was a sarcastic title! I have been continuing insisting on DCA for months!
I bough at 4k and will buy if it will go to 3k, 2k, 1k, whatever. It will go up eventually.

 6 years ago (edited) 

Cool Stuff, my "winky" indicated that we both knew that I know that you know it's (/sarc)

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DCA is actually a self-adjusting strategy, if you use a budget method. Again, this is for the readers, I'm sure you know about this. Having a set "dollar amount" means a sliding scale for the crypto purchases.