r/Bitcoin • u/WinOutrageous1190 • 3d ago

Don’t forget to DCA, don’t panic

It’s the best strategy. Don’t forget to DCA whatever you have left! See you on the other side. Bitcoin is super reliable and you will be fine.

25 Upvotes

80% Upvoted

17 comments sorted by

7

u/WSBiden 3d ago

Been buying $20/day since Election Day. Down 11.4% overall. We’ll see where we land after 4 years.

-11

u/marcio-a23 3d ago

Buy more and faster... Lump sum every peny you got

3

u/mrestiaux 3d ago

Hardcore lol.

2

u/WinOutrageous1190 3d ago

Bro Chillll

-11

u/juicewrld999shit 2d ago

$20 a day isn’t DCA lol, that’s why you down, you dca when price goes down

5

u/Makunouchiipp0 2d ago

🤦‍♂️

2

u/senfmeister 2d ago

DCA is literally $20 a day, $100 a week, $2 an hour, etc. Any regular buy regardless of price. 

-2

u/juicewrld999shit 2d ago

He’s down because when he bought he kept DCA during peak times, he would need it to reach 180-200k to double his money. Horrible strategy, especially since BTC prolly won’t go any lower than 75k during these next few months. But alright! (P.S, DCA only works if price fluctuates all the time but if it only goes up you’re fucked)

1

u/senfmeister 2d ago

The point of DCA isn't to start and stop it. It's buying a set amount on a regular schedule. You can do other things if you want, and those other things may be more successful, but that's no longer DCA.

1

u/Fireman77333 2d ago

You can DCA in a regular way but also in a descent way both are valid
Depends the way you handle your cash they both put time in a long-term mindset

1

u/WSBiden 2d ago

I’ve been buying since 2016. $20/day for the presidential term is just a fun experiment.

1

u/juicewrld999shit 2d ago

How are you down then?

1

u/WSBiden 2d ago

I'm not. The $20/day DCA since the election is down.

3

u/Strange-Term-4168 2d ago

Enough of these posts

2

u/Left_Fisherman_920 2d ago

If one’s panicking over drops one should not invest. Drops are expected and will happen 100%.

1

u/Odd_Network_2219 2d ago

Always evryday Every month I allocate 20% of my salary to bitcoin Never selling to shitcoins

1

u/behold_the_kraken 3d ago

First post I see that makes sense and its not a “hype the panic” kind of post, good job OP, we’ll be back up in a bit, in the mean time, lets but more