Don’t feel discouraged if you can only invest small amounts, DCAing goes a long way
Don’t feel discouraged if you can only invest small amounts, DCAing goes a long way
I know a lot of people feel discourage and some even stay away because of them only being able to small amounts.
But there’s a reason why DCA is repeated so often, having some patience while DCAing what you can, even small amounts, can go a long way. No one has to invest four or five figures when they start.
The market isn’t what it used to be 10 years ago, of course, but with patience it’s still possible, just longer than what it used to be to make such money.
You can start investing whenever you’d like to, don’t feel the pressure of having to invest huge sums.
As long as you know what you’re investing in of course, doesn’t apply to every coin.
DCA is the best investment tactic you can use to navigate the ups and downs of the market, period.
It takes emotion out of the equation in the long-term.
I just started a few weeks back. I do 25-50 a week. Little by little i will get there.
If you are reading this and have invested into crypto, congratulations, you are part of an small part of the population. Welcome to the future.