How often should I DCA?
How often should I DCA?
I set aside $250 each month to put into my crypto portfolio. I invest all this at once. I am thinking it may be smarter to spread this out over the course of the month to take advantage of fluctuating prices. By the way, I always use Coinbase Advanced and place Maker orders only.
What do you guys think? How often should I place my orders?
I recently started a long term DCA strategy and decided weekly is best for me.
Often if you set up auto-buys, they process as market buys (higher fees).
So I deposit Monday morning, and at lunch I set up limit orders at current prices. Cuts my fees significantly.
This balances my desire to spread out the purchases (more effective for a DCA strategy) with the fact that I’ve got a busy life and doing this shit every day would become counterproductive
