DCA Effective Going All In On Bitcoin

It is fashionable in bitcoin circles these days to join the DCA army: to dollar-cost average your savings into bitcoin. If you put away a little bit at a time, even trifling amounts like $1, $5, or $10 a day, you can grow your stash into very impressive fortunes. It makes for a smoother journey, and it overcomes the psychological barrier of buying at (what until two minutes ago seemed like) very high prices.

DCAing is an investment strategy that bitcoiners inherited from the world of traditional finance – and it’s completely wrong.

This story is not been edited by the Supperrb.com Staff and is auto-generated from this syndicated feed

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Hot Topics

Related Articles