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My DCA hit 0.4 BTC for the first time today. I feel so proud and happy that I want to share with you this great achievement that started in March 2021 and has continued continuously until now!

#bitcoin #dca

LiberTree 2y ago

I’m sorry. Call me a pleb but what’s a DCA?

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Discussion

katika21 2y ago

dollar cost averging

LiberTree 2y ago

Right. Thanks! That’s how I do it.

katika21 2y ago

🧡

katika21 2y ago

a piece of purchase every 2 weeks, investing a fixed amount in dollars to buy bitcoins

LiberTree 2y ago

So dollar cost averaging?

⬣ Socrates ⬣ 2y ago

DCA:

- You for example buy a little every day, week or month.

- The idea is to get a great/good/decent average buy price.

- Can also be used for selling.

⬣ Socrates ⬣ 2y ago

She worded it in a wrong way, it seems.

I think she wanted to say that her total BTC holdings hit 0.4 BTC.

It has nothing to do with her DCA strategy. DCA is about your average buy price. She is not talking about her average buy price.

LiberTree 2y ago

Thank you. That makes sense.

katika21 2y ago

Yes… yes, I translated wrong