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However much you're DCA-ing right now, it's already much more than most people can afford, so don't FOMO

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by COINS NEWS 54 Views

I want to start off by saying that I've only been looking into crypto and on the subreddit for about 2 years, so nowhere near as much as some other people. And while I have learned some things already, there's still a lot that I don't understand, so I'm bound to make mistakes at some point.

Getting to the point of the post now, I just wanna put some things into perspective, as both a permanent reminder to myself as well as for anyone who cares enough to read this.

The point I'm trying to make is that however much you're DCA-ing into crypto, and no matter how often it is, it's probably already quite a bit more than what most people are doing. As the price and adoption of crypto continues to go up over the years, the amount you're investing now will get you further and further in life the longer you hold.

For example, I don't have a constant income as I'm barely old enough to buy crypto, and am focusing on my education so I don't have a job. And sometimes, I get a thought in the back of my mind that I should be investing more every time I do (probably due to some FOMO) but then I remember that if I hold for long enough, the amount I'm investing every few weeks won't have much of a difference over the long term.

So basically, don't let FOMO get to you at any point, because if you're smart about this, the chances of this going well for you are quite high (you still need a little bit of luck though :/ )

Anyways, enjoy your day :)

submitted by /u/AntonioTT05
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