Does DCA Still Make Sense in current Crypto Market?

[kingkong2222]

thinking of starting DCA on bitcoin and eth in current Crypto Market, is it worth investing rn or should i wait?

 

[utinat]

The whole point of DCA, compared to lump summing, is that you don’t need to wait. If you schedule out a weekly/monthly DCA your buy in price will avarage out no matter the short term price movements.

 

[Raimundo]

Yeah ,DCA still makes sense in the current crypto market**, especially if you’re in it for the long game and want to reduce the stress of trying to time crazy price swings and smooth out your average cost over time, but it’s not magic money it can *underperform lump-sum investing in a rising market* and you still need solid coin selection and discipline.

 

[Nasayer]

It's boring, and that's what investing should look like.
You are going for the long run for sure while DCA'ing amounts weekly/monthly.
I think it works if you are going for major coins like BTC and with the current market situation its a good time to start

 

[Nikolaos]

thinking of starting DCA on bitcoin and eth in current Crypto Market, is it worth investing rn or should i wait?

Yeah DCA works as long as you keep putting capital in every month. In a few years you could wake up to a very nice sum of money.

 

[alurosu]

thinking of starting DCA on bitcoin and eth in current Crypto Market, is it worth investing rn

do it

 

[zamizu]

That’s what I’m doing, I’m doing a weekly DCA into BTC and letting it ride till atleast the next halving.