People will talk about DCAing Bitcoin all day. Yet half of them doesn't even know their DCA price and even less than half are willing to liquidate their BTC when that DCAed liquidation point hits.
So you might as well just slam-buy BTC whenever you have some cash and forget about that wall street term. Since it doesn't really apply to any serious Bitcoiner.
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Replies (8)
sometimes i just AMW when i see a small dip
I get my paycheck turned to bitcoin the second I get it, I always just referred to this as dca
Iโve never DCA bought, always a smash buy. ๐ค๐ผ
Iโm glad I did, because if I were DCA buying over the past 5-6yrs, Iโd likely still have cash on hand and be paying a much higher price today.
Get rid of the cash asap, no point in sitting on cash
Are you really getting upset with semantics on a Saturday?
I buy the top & sell the bottom, every time.
DCAing is for nubes.
this is the way! ๐
Upset is something else. ๐
Yeah most do even if the term is banker talk.