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DCA into Bitcoin

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by COINS NEWS 67 Views

Hi Cryptocurrency sub reddit ✌????

I have £1000 that I want to invest into BTC. I’m looking for the wisdom of this sub. I plan to DCA the £1000 in and if oftener wondered what the best plan of attack is. What in your opinion is the best way to do this to spread risk out and minimise my cost?

Would you say…

Invest say every Saturday £100 for ten weeks?

Invest every Saturday £250 for a month?

Invest £50 a day for 20 days?

What would you advise is the most logical and wise way to do this? I understand £1000 isn’t a lot to some people but I still want to manage this investment as best I possibly can.

Any suggestions at all I would welcome (good or bad), I’ve thought about putting it into a risker ALT for bigger gains but I plan on leaving this in for 10 years and I feel BTC is the safest best. Cheers ✌????

Edit - everyone I’m not looking for financial advice. Just looking to hear peoples DCA strategies.

submitted by /u/AcanOfSuperLager
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