Do you DCA into Bitcoin?
350 sats \ 11 comments \ @BitcoinIsTheFuture 18 Oct 2023 bitcoin
How of often do you add to your stack of corn? I started buyout my bigger chucks, thinking I was buying dips. I started in the spring of 2021. I wish I just did a daily DCA. That’s what I do now to bring down my cost basis.
No - I’m good with the size of my stack0.0%
Yes - Daily27.3%
Yes - Weekly22.7%
Yes - Monthly50.0%
22 votes \ poll ended
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22 sats \ 3 replies \ @benthecarman 18 Oct 2023
dont have anything to dca, already all in
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20 sats \ 2 replies \ @ibz 18 Oct 2023
So you are not earning any more money?
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0 sats \ 1 reply \ @benthecarman 18 Oct 2023
When I get paid I pay off my bills and put the rest in bitcoin. That's a lump sum, not a dca
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0 sats \ 0 replies \ @ibz 20 Oct 2023
It is very much DCA, as you do it over longer periods. The opposite would be saving fiat for a year or more and buying Bitcoin at once.
Different granularity, but still DCA. You still get exposed to different prices every month, or week ... depending on how you get paid.
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41 sats \ 0 replies \ @lv99_slacker 18 Oct 2023
Daily via mining.
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11 sats \ 0 replies \ @ibz 18 Oct 2023
There should be an option "NO - I earn BTC and DCA into fiat whenever I need some of that".
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11 sats \ 0 replies \ @hynek 18 Oct 2023
I just earn bitcoin. It’s easier…
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10 sats \ 0 replies \ @SpaceHodler 18 Oct 2023
I used to DCA daily. These days I just buy every time I get paid fiat, which is a few times a month, and just keep enough fiat aside to fulfill my liabilities (bills, mortgage...) in a 5% savings account.
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10 sats \ 0 replies \ @SimpleStacker 18 Oct 2023
I don't really DCA, I put in a ladder of buy orders at different price points, to scoop up bitcoin on any downswing, and I also reset those orders every once in a while if the market changes significantly.
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10 sats \ 0 replies \ @TheBTCManual 18 Oct 2023
I do daily DCA I want exposure to as many different price points as possible because like a box of chocolates you never know what you're going to get :p
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10 sats \ 0 replies \ @mallardshead 18 Oct 2023
DCA, chunks, forgoing this or that, however I can get it.
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