I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future
DCA strategy is good for investing in Bitcoin, but of course there must be enough money to buy Bitcoin through DCA method. If I do not have a system to provide money, if I invest in DCA method by borrowing, then my investment will not be successful at all, so I want to say that first of all an investor must have a good source of income to invest in Bitcoin. If there is a good source of income, then it will be possible to invest in DCA method from that income and maintain that investment for the long term. However, I would say that DCA method is a good method of investment for beginners.
DCA strategy is the best strategy for bitcoin investment, not only for newbies, even professional do use the DCA because it’s also simple. Furthermore, investor who borrow money to invest will definitely sell that investment in the long run, because the time the investment suppose to take before he or she can get profit is a lot of time, and that is why is always advisable to have source of income before investing in bitcoin, so the investing will be there till the right time to withdraw the money.