MultiversX Tracker is Live!

Lump sum to DCA threshold?

Bitcoin Reddit

More / Bitcoin Reddit 71 Views

I know the prevailing strategy is DCA and hold. Is there a point to where one makes more sense than another?

For example I want to start putting in $2k USD a month, vs 500 every Friday.

I realize some may consider 500 a lump some and just say DCA 125 weekly instead. This could prob be subdivided a few more times. I would also like to keep UTXO's and transfer to cold storage fees in check.

My use case/strategy for bitcoin is long term preservation of buying power, with a hypothetical sell point down the road when my stash is sufficient enough to pay off 3 mortgages.

submitted by /u/Wiseguy507
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments