My Crypto DCA Plan did not change! Staying the course
Hi HODLers,
Keep DCAing. This is how one invests stress free!
And this is what I am doing. I started 6 months ago and I am now investing $50/day. I am down only c.16%!
Bitcoin Price Chart (Year to Date)
I have been up during small bumps and period of time but I did not sell anything as the goal is to invest for the long term!
I guess time will tell and despite being quite pessimistic on the World Economy and therefore Cryptocurrencies in the short term, I am very bullish in the medium/long term and this is how fortunes are made!
What is your plan?
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Damn, 50 bucks a day is a lot :p
Indeed! I have some cash on the sidelines and instead of timing the bottom, it is invested daily. Stress free!
Thats smart and good if one can effort it :p
I couldn't xD
That's the best strategy!
Good choice! Keep adding sats.
I know you know! 😉
DCA is like a saving grace during these times. You gradually build up a sizeable position while waiting for the market to recover (which it will eventually). There's little to no downside risk. My plan is to DCA as much as my budget permits, liquidating assets is not a smart approach right now.
Glad to know you are onboard with this strategy. What I love the most is that prices down do not make me « sad » and I don’t have to think about timing the bottom. StressFree investment!
Well done. 50 bucks a day is a really nice stack. 👍🏻
It does add up nicely! I almost love when prices are down now 😂
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