I think I understand the appeal of having a regular automated DCA (I don’t want to assume too much though) - it is convenient. But would you be willing to take some time every week and do a Bisq or Robosats purchase? I enjoy my weekly KYC-free sat stacking with a cup of coffee.
Discussion
I’m not familiar with these terms but am curious about what your talking about . Automated DCA is nice because I just want to buy small BTC amounts consistently and not have to remember to do it ever day/week . If I could time the bottom and chunk everything I would but I don’t pretend I have any idea what the bottom will be so I just buy everyday
I see! 🤙 Bisq and Robosats (& Peach Bitcoin) are services that let you buy peer-to-peer from other Bitcoiners. Lots of people are willing to sell (probably people who have been around for a few cycles or need fiat for bills, etc).
I’m not trying to time the bottoms either. And I feel like in the long run, buying $1 every day vs buying $7 every week will all even out.
There are many privacy and security reasons to buy non-KYC Bitcoin. If you do, I recommend keeping it in a separate wallet.