Hi guys, so I have $10k idle money right now (huge amount for me) and want to convert it into btc. This is an excess money outside of my living and emergency funds.
I spent last weeks looking for the best time to buy, but now I think it's basically impossible and I'll end up buy nothing at all, I don't even know what considered as "right time".
So I've decided to start now by converting it all to usdt instead and set automatic recurring convertion to btc weekly.
My questions 1. Is this the right choice? DCAing $10k instead of lump sum 2. If it is, how long should I stretch it? In the span of 2 months? 3 months? or more? 3. Should I convert it weekly? monthly? or even daily? what's the difference? 4. I also intends to DCAing my salary on monthly basis starting next month. Should I stretch it too to weekly or daily?
Thanks in advance, any response is appreciated :)
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments