Undisciplined on Nostr: The Magic of Bitcoin DCA ...
The Magic of Bitcoin DCA
https://odysee.com/@TraderUniversity:a/the-magic-of-bitcoin-dca:0?r=8T2xqWjtafHWYGxQBSsrbw1wQPm7sWRqFrom Bitcoin University
# Video Description
> In this video, I discuss the power of dollar cost averaging into Bitcoin, rather than entering via a single purchase.
> Dollar cost averaging (DCA) imposes the discipline of buying fewer sats when the fiat price is higher and more sats when the fiat price is lower, thus giving you a lower fiat cost basis.
> In addition to dollar cost averaging, it's important to hodl BTC, instead of trading in and out. As Jack Bogle used to say, "time in the market beats timing the market."
Published at
2024-06-26 16:13:43Event JSON
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"content": "The Magic of Bitcoin DCA\nhttps://odysee.com/@TraderUniversity:a/the-magic-of-bitcoin-dca:0?r=8T2xqWjtafHWYGxQBSsrbw1wQPm7sWRq\n\nFrom Bitcoin University\n\n# Video Description\n\u003e In this video, I discuss the power of dollar cost averaging into Bitcoin, rather than entering via a single purchase.\n\n\u003e Dollar cost averaging (DCA) imposes the discipline of buying fewer sats when the fiat price is higher and more sats when the fiat price is lower, thus giving you a lower fiat cost basis.\n\n\u003e In addition to dollar cost averaging, it's important to hodl BTC, instead of trading in and out. As Jack Bogle used to say, \"time in the market beats timing the market.\"",
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