Just DCA, that is dollar cost average in over the next 3-6 months. Then hodl to mid 2025. SORTED!
You take some cash you can afford to lose, then average it into your favourite crypto tokens. Can be 10 bucks per day over a long period or 100 a week or 200 per month. You decide the time and amount. The averaging in, keeps your entries balanced so you buy an average and not a high which can dump down and make you bleak.
That is advice I will take, sir!
make sure to DCA what you can afford to lose as well
Can you elaborate abit please ?
Sure fren, so you take some cash you can afford to lose, then average it into your favourite crypto tokens. Can be 10 bucks per day over a long period or 100 a week or 200 per month. You decide the time and amount. The averaging in, keeps your entries balanced so you buy an average and not a high which can dump down and make you bleak.
This is a professional advice.Thanks
More than a pleasure!
added that bit, thanks
Thanks for the advice.
Thanks for the advice.
Solid advice. Forget your morning coffee run or night out drinking and instead use that cash to DCA crypto!
This is for people with large liquidity to throw around
yes man, that daily coffee amount into crypto will be awesome in 2 years!
Disagree. You don’t need a lot, even a bit of your pay check every month mate. Set some aside, or skip the coffee and stick it in once a week.
The main point here is your take the emotion out the game and don’t miss the lows while waiting for them. Easy to miss.
Makes sense and thanks for the tag fren
But how do you know the market will be good in mid-2025?
yes am use DCA
