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Do you become numb and just stick to DCA?

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by COINS NEWS 120 Views

Is the best advice for the common crypto folk, to just ignore any emotional reaction to the markets and continue to dollar cost average? I've been torn on the DCA part because so many people advise keeping max dry powder for the eventual drop lower.

With the start of a new year on the horizon, I want to outline my budget and plan for purchasing crypto. It seems like it would be easier to remain emotionless, if I simply stick to a weekly fixed dollar purchase. The other option would be to deposit the weekly allowance but not purchase anything until a set date. Maybe decide to only buy after big red days.

The only thing I'm certain of is that my purchases will strictly be Bitcoin and Ethereum. I'm only able to maintain by emotionless demeanor by holding the least risky and most likely to hit new ATH coins.

submitted by /u/OpticallyMosache
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