How to properly DCA in Bitcoin?
How to properly DCA in Bitcoin?
hi,
i would like to invest larger amount of money in bitcoin and HODL it for few years or more. Obviously I would like to DCA, but not sure how to properly execute the strategy.
I would like to know:
- How often should I DCA (weekly, bi-weekly, monthly)?
- How long should I DCA?
- How much should I invest per buy?
thanks
Ruban Lovelace Answered question December 9, 2024
Break up your purchases. If you have 100k to invest: buy every day, three times a day, for a month. Each purchase amount the same. Hopefully you have future income to allow you to continue this process after ur initial amount has been invested. There is no exact answer. Just follow discipline in terms of never go all in and break up your buys
Ruban Lovelace Answered question December 9, 2024