Thursday 5∞ on Nostr: Lump sum vs dca You'd think dca is minimizing the risk. This means you think fiat is ...
Lump sum vs dca
You'd think dca is minimizing the risk. This means you think fiat is solid and bitcoin is the liability. This is a poor understanding of both fiat and bitcoin.
There are periods in which you might squeeze more bitcoin by doing dca instead of pouring it all-in, but this is the exception to the rule. The rule is that you're better off to go as close as you can afford to all-in.
Being committed will change your life in more ways than you can imagine. Putting on the bitcoin glasses is so much more than material gains (plenty btw), it's changing your way of life entirely. You won't find this in the white paper, but you'll certainly see it in how the longterm hodlers think, speak and act.
You'd think dca is minimizing the risk. This means you think fiat is solid and bitcoin is the liability. This is a poor understanding of both fiat and bitcoin.
There are periods in which you might squeeze more bitcoin by doing dca instead of pouring it all-in, but this is the exception to the rule. The rule is that you're better off to go as close as you can afford to all-in.
Being committed will change your life in more ways than you can imagine. Putting on the bitcoin glasses is so much more than material gains (plenty btw), it's changing your way of life entirely. You won't find this in the white paper, but you'll certainly see it in how the longterm hodlers think, speak and act.