So I have 3K to put into Bitcoin but I'm wondering if I should just DCA into it or lump sum into it ?
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Discussion
Put $1500 then $100/week. Best of both worlds. ✌️
If you don’t wanna look at price, or go all in. I guess that depends on how solid you feel about it. The thing is you will likely keep getting more dollars to burn. If you still want to look at price and don’t get spooked easily, buy chunks on dips. I just suggest to consider many Bitcoiners try to avoid looking at or thinking about prive at all,
And yeah, robosats is great.
Yeah I just have been DCA 100 bucks weekly but am wondering if I should just dump 3k into BTC all at once ....
I plan on holding for many years 10 plus years (easy for me this is side money)
I've just been told that DCA is better , is this true if I'm Diamond hands for long periods?
I haven’t had a good gauge on this for the past few weeks, it’s hard to know how bad things will get in the fiat evonomy and how that would affect Bitcoin. If we do have a larger recession voupled with Fed hawkishness and austerity, dca is better possibly.
But if Gensler caves and allows a spot etf, smash buy is better.