OK we get it. You DCA.
Cool story bro jk
No, I am not hating on those that choose this method but it never fails during a market pullback or crash.
You'll see the DCA commenters come out in droves on /r/CryptoCurrency and other places. Alright already.
https://www.reddit.com/r/CryptoCurrency/comments/s9qnpx/do_i_invest_now_or_wait_for_a_bigger_dip/
Can it result in less stress?
Possibly, but everybody has their own risk tolerance. I'm a bit of an oddball investor. When I have a spare chunk of change, I'll throw it in if I feel like it. I'm long on crypto anyway so...
What difference does it make?
Whether you are vegan, do CrossFit, or choose to DCA, good for you!
Hope it pans out in the end but let's just chill and not act like one method is absolutely superior to others. At the end of the day, unless we have an Orb to ponder and somehow predict the future...
Don't think anybody can say for certain what is best for other people's portfolio.
As always, thanks for stopping by ✌️
Posted Using LeoFinance Beta
I practice the IDGAF method. Never fails.
That's my shit right there! ☝️
DCA works best if you know that whatever asset you're buying will eventually rebound. In this space, that isn't guaranteed to happen and DCA may never end up being profitable. So yeah, it definitely shouldn't be something that is done automatically without doing any research.
Posted Using LeoFinance Beta
Exactly. DCA can be like set it and forget it which can lead to complacency imo.
But tbh even when you're paying attention can still get it wrong.
At the end of the day, believe it's a matter of preference.
If it weren't for country after country getting in on the FUD gangbang, think we would be looking much better rn.
I've both LOST and GAINed advantage doing so and I could certainly say that it is highly dependent on the asset and knowing what DA FRICK is happening around it... so due research is highly advised imo🤔
I am guilty, I do this! #DCA
Waooo, I love the gif and the picture. I don't even think of the coin I bought and all went down. Am just planning to invest more.
If you have money this is the best time to invest in crypto.
CUB/BUSD is the ultimate DCA hedge fund IMO.
Only works if you trust Khal though.
Which I do so I guess it works for me.
Posted Using LeoFinance Beta
I definitely use Cub Finance. It's awesome! May be a good time to buy some Cub right now. I trust that the platform will continue to grow and that's good news for hodlers.
My biggest issue is not being able to use Binance due to my location but they're way around that.
You never got a Mandala account?
It uses all of Binance's liquidity pools.
It basically is Binance minus the ability to margin trade.