You are viewing a single comment's thread from:

RE: LeoThread 2023-07-04 11:34

in LeoFinance2 years ago

We have heard from many people about DCA ( Dollar Cost averaging ) but i want to ask how many of the readers have really practiced this in real life.

Sort:  

I've more like mastered DCA mostly with Hive..

Still doin it.

Wow, that is great. I am doing it with btc for last 5 months.

I would say most on here.

That's nice, me too have started doing it with bitcoin. It is really a useful and safe technique.

A good time to DCA. The lesson most still need to learn here regarding DCA is to DCA into dollar equivalents/stablecoins at the onset of a bear market... buying into a constant collapse never pays off.

Even if you do that for 6 months and not the entire bear market you will outperform everyone dollar-cost averaging straight into Crypto...

Yeah, i agree with you. It will help me getting ahead of those with similar amount of investment for sure.

But it's not the time for that now... a good time DCA currently. Merely my view/opinion.

Those who were doing it when BTC was around $11-14k would have been enjoying their time already.

You then proceed to deploy that capital at lower levels...