Adding to this, it also breeds a sense of complacency since your decisions become pre determined and not motivated by the market. You no longer have an invalidation criteria. By the time you realise you shouldn't be DCAing, you're already in too deep to do much about it.https://twitter.com/ThisIsNuse/status/1187121992887164928 …
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Sure, but dollar cost averaging isn't a trading strategy, it's an investment strategy, so kind of makes it all moot saying you don't have invalidation criteria etc
Lately, the line between the two seems to have blurred on here. That's what I was referring to. Seeing a lot of people conflate working an area with DCAing. I'd still argue that as far as BTC is concerned, throwing a fixed amount of money every fixed interval is not ideal.
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Depends on how much research you've done and what your long term opinion on it is I think the issue here is more around people not knowing what they are doing and putting all their eggs in one basket, rather than the effectiveness of investing a portion of money each month!
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All in or not even gonna bother brother
End of conversation
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