bitvestor on Nostr: Those who dca small amounts into #bitcoin every day or week are wasting money. At ...
Those who dca small amounts into #bitcoin every day or week are wasting money. At best they may catch some days where the downside is 5%, but most days won’t be.
And the #utxo set would be so expensive to combine/spend #btc in the future that it completely offsets the market timing they think dca accomplishes.
Lump sum buys are the way. If you’re unsure about a lump sum’s timing, then deploy 50% and wait til you’re more confident in the market to deploy the other 50%.
And the #utxo set would be so expensive to combine/spend #btc in the future that it completely offsets the market timing they think dca accomplishes.
Lump sum buys are the way. If you’re unsure about a lump sum’s timing, then deploy 50% and wait til you’re more confident in the market to deploy the other 50%.