Reddit Posts
I have decided to match my child's allowance 100% in the form of DCA into her own personal wallet.
To everyone who told me to dump all my money in and not DCA before ETF Approval!!
“For $1 a day you can save a child’s life”. Well….I can also DCA into bitcoin for an early retirement.
What does 'Have a Plan' look like?
What is your current DCA frequency? Am I doing it right?
Low-Custodial hybrid hot / cold DCA method guide for HWWs
Should I be DCA’ing every week or wait until it stops dropping to buy more?
Im using a DCA bot, any recommendations for the settings?
Time the market and you'll get left behind. DCA is the way..
ETF Came and went. Bitcoin price crashed. BTC is dead
Does anyone else find it odd the whales are the ones making up the selling?
Questions regarding best method to buy BTC for my younger brother
What portion of your 401k did you or would you allocate for purchasing ETFs?
People exiting completely from crypto right now and dumping their entire bags before the halving, what's the rationale?
For people who DCA and hodl, how many sats do you allow to accumulate in a CEX before you transfer them to your non-custodial/hardware wallet?
Keep stacking guys, don’t panic, don’t get emotional, trust the process, be disciplined and DCA.
What Ultimately Drives Big Bull Runs?
Low-fee options for small dollar DCA?
I'm a little confused. If these are 'SPOT' ETFs, how come the price isn't @ 45k?
Big Surprise the ETF didn’t impact price much day one…
Taxes! Suggested methods for tracking profit? Do I need to report income from 3202 sat test sale?
One thing to keep in mind while everything is going on. In reality, nobody knows shit about fuck. DCA is your friend.
Good thing to keep in mind while everything is going on. In reality, nobody knows shit about fuck. DCA is your friend.
Should I move some of my positions in my Roth IRA to the new spot-BTC ETF?
Am I the only one who doesn‘t think the ETFs will necessarily be a good thing for BTC or Crypto in general?
Called the ETF news top, got downvoted into oblivion.
Remember that you were completely ignorant once, so expect repetitive questions from the influx of newcomers
Isn’t this whole SEC fiasco kind of proving how Bitcoin can not be a security?
Two Critical Questions (Post SEC-account-hack): Who? & What's Next?
Making this post to say, I’m so happy I continued to DCA daily.
BITCOIN is an IQ Test that 95% + of the world has failed
I bought BTC at 65k in late 2021.Im so proud to stick with my DCA for past 2 years. To all of you who have been DCA for past 2 years, you're true winners🥳
Mentions
£12000... 2018 DCA and rebuys in 22. I've been adding since we dropped below £50k but its not made much of a dent to my average.
Bought around 115k last year for 3k euro. thought it would go higher but unfortunately the bearmarket started. Decided I would DCA all the way down and back up. Now my avarage price is around 75k euro around 84k dollar.
£57k ($76k). Started DCAing almost 2 years ago instead of paying into my private pension. Plan is to switch back to pension after 2 full years of DCA and lump sum when I can from there.
I'm not here to buy low, sell high. I'm here to keep my wealth not debased in a consistently up and to the right asset that no company, government, or person controls. Sell some for big purchases, buy more afterwards, DCA for life.
Ya sell all of that. Convert it to btc. Then set up a DCA every month for whatever you wanted to spend on crypto. Then walk away for ten years. I’ve been in this space for a decade and I’ve watched countless people eating fucking shit thinking they are smart buying all the alt coins. Seriously, you don’t know fucking shit form shit. Just buy btc and walk away
DCA’d to 28k. First buy was like 800$ a coin
Bingo. Im bullish AF but don't scream about 40k or 250k. DCA and chill. If we saw 40k I had cash on the sidelines and other investments to roll in. If we didn't nothing changed. Half of reddit are dopamine crack monkeys.
My avg cost is $1,700. No idea where it goes from here. I don’t DCA.
If you’re in the USA, get a Coinbase account and get the Coinbase One card. You’ll start off getting 2% BTC rewards. It’s an amazing way to DCA. Between monthly BTC buys and your BTC DCA credit card rewards, you’ll move up to the 2.5 and 3% tiers within a year or so. Then, within 5-10 years, you’ll have a whole BTC or more. Then, wait and continue to stack. If you need to liquidate it, it will be there. If you don’t need it, just continue to add to your rainy day fund
historically speaking, the price rn is still a perfect time to get exposure to AVAX if you want. I’ve been DCA since the start of 2026 to lower the average price for my bag and I’m still planning to continue even with the pump
I expected the low in October; I even had a calender reminder. Then I got invovled with a group earlier on in the year who spend much more time in the markets (both crypto and traditional) and did much more analysis. As we hit $80k on the way down, they were saying it's time to start DCA'ing. I'm so glad I did! I'm now pretty well allocated, whereas without them, I'd still be waiting for $50k.
DCA into Bitcoin, then split the rest evenly between Ethereum and a boring index fund just to balance things out.
Included with my will are instructions of how to retrieve. 3\5 quorum with what I consider to be pretty ingenious key placement. My DCA account is just a trezor with a pin that only my wife and I have memorized that doesn't exist anywhere but our heads 🤷
1. Buy BTC with $400. 2. Use it as collateral. Borrow 25%. Sweep that into a brokerage account, buy high cash flow ETFs like QQQI. Not long term good as pure index exposure but short term high cash flow. 3. Take the 1% monthly dividend, DCA fee switch altcoins. Look at the gas guzzler lists and buy what people pay to use. Ex. UNI, AAVE, ARB, SOL, LINK, etc. anything with already on fee switch and revenue.
Just DCA the whole $400 into BTC every month and don't overthink it. Splitting with ETH sounds more "balanced" but for beer money it's really just doubling your setup and security surface for a diversification benefit that barely matters at this size. Most exchanges let you automate recurring buys so it runs itself. Only real thing worth doing manually every year or two is moving it off the exchange into your own wallet once it adds up to something you'd actually care about losing. Past that, just set it and forget it is the whole strategy.
Quiet DCA squad poking my head out to say you’re 💯 on this Man those low prices were nice for a minute. Couldn’t care less what the price is tomorrow
holy npc replies. fuck bitcoin. bitcoins a piece of shit. you guys are all old and dumb. "just buy an index fund" logic. at this rate fucking sell and go buy an index fund instead. if you are going to be cucks to institutions at least be fucking honest about it. ignoring the npcs, DCA Monero. buy on 200 day moving average or below it. Use it as a currency when in profits to buy services privately. Donate to places privately. Don't expect to make millions. [https://monerica.com](https://monerica.com) [https://donatemonero.org](https://donatemonero.org)
DCA into solid projects such as btc, sol, ect. After a while you will get a feel for the market, try to buy more when it's down then. Simple as.
Seems like 90%. They hide their comments and blurt out hackneyed meme phrases that add nothing: "No-one knows shit about fuck" "Just DCA" "Charts are right until they are not" It's the social media equivalent of a Denial-of Service attack. Sad times.
I don't care if people wait for an October low or not. I also don't care if they are right or not. I will DCA as usual, and even more so at these prices. But I don't like how they treat anyone not waiting for the "obvious" October low as stupid and/or ignorant. If we could be more united and friendly toward each other. You are not some kind of genius, and you are not winning some kind of medal if you are right, so stop being arrogant pricks, please.
I believe in DCA, whatever is the external things happening, I just buy bitcoin when i feel its good to buy now.
Wasn’t it better to DCA even earlier? I mean, not from second half but already from first half.
everytime when doing a low, buy - please inform how "DCA" works. And dont get to the idea this is fast money!
DCA means dollar cost averaging and u can use Binanace/Coinbase whatever easily available.
DCA for Bitcoin would be more beneficial than spending money on mining.
We all are "normal" people around here, mate. Some more then others. Perhaps you have cashapp too. That's IMHO a better option. There's also Strike, mentioned in the comments. Conbase and Kraken might be overwhelming. Talking about overwhelming, have a look at this guide: Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. DCA is probably the best approach. Once a week works best for me, but I'm getting paid weekly. This [DCA calculator](https://21vox.com/dca-calculator) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **Good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. If you can afford it, opt for Safe 7 (**air-gapped**) and use the Bitcoin only firmware as it's safer than a multi coin software. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor). Sadly, this device is **not air-gapped**. [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better build. I would go stateless instead of using their servers. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, making is an expensive hot wallet. The opposite of what you want from a cold wallet. **Stay away**, save yourself a headache in the future. The same goes for many other hardware wallets that are too new or filled with too much of unnecessary shitcoin code. Stay away. There's also ColdCard, great features but recently had a massive duckup, I would wait until all of their code is fully open source, preferably rewritten by the community before touching it. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Three dead cat bounces as of 9:30pm CDT. Um...No. Yes. I dunno. Bitcoin is the honey badger of finances and none can predict shit about fuck. Will come back eventually Just chill and DCA.
Honestly, just DCA, unless you’re going in with years worth of earnings as a lump sum, the relative reward of DCA vs trying to time the bottom is not worth the stress.
There's very little long leverage in queue. What you are witnessing in the posts is just a bunch of hodlers laughing at the people trying to time an inevitable situation. DCA/HODL crowd has virtually no risk of being wrong...we just have to wait and let nature take it's course. Waiters, debaters and shorts are the only ones gambling and losing sleep.
Why dont people Just DCA and chill and relax ,, including me 😒
Ben Cowen doesn’t say anything concrete except it may do this or it may do this. But when it does do something he’s like see I told you. He’s a man child with zero emotional intelligence So no he didn’t say he’s wrong, he’s saying, “See, I told you to DCA. Which is fair, finding a near bottom is pretty standard advice. But he was hellbent on October bottom before this, bet…
Also google DCA or dollar cost averaging. You cannot time the market and attempting to do so will have you losing in the long run
Honestly after the cold card thing I went over to River which is where I do my DCA and direct deposit
My opinion, and this is only my opinion is this: If you believe in the 4 year cycle, then sell high, and then DCA on the way down. Everyone trying to time the bottom is trying to absolutely predict what is, as Ben points out here, impossible to predict accurately. All investing in some sense is a calculated risk, even with "certainty" that a "4 year cycle" is like clockwork (its not, Ben just pointed out the technical data to back that, and institutional investors and banks have been allowed to join since the last cycle which makes the macro environment completely different than before). So, at some price point, whether it was 80k, 70k, 60K, you have to decide whether it is smart to lose 20, 30% vs missing out on an upside of 200-300%
My point is non of that shit matters if you just DCA and chill. Bitcoin has had regulatory clarity since 2015. Whether a democrat or republican wins/loses doesn’t matter to Bitcoin. Who wins/loses sensate seats don’t matter to Bitcoin. The price of Bitcoin on a day to day basis is unimportant if you zoom out. The 4k drop in Bitcoin was reversed by the FED hiking so again it doesn’t matter. Traders are impacted not people who DCA and save in Bitcoin
Bottom line. No one knows. Just DCA.
He’s probably one of the most cautious & thoughtful influencers/predictors and is still wrong all the time. His advice is half right still, just DCA
That was a great play and proper risk management, good for you I said I do DCA but actually I just buy on deep red days, no consistent intervaled buys. Didn't buy too much this year though since I took zero proftis in 2024 and then got burned really hard (100% alts portfolio). I expected deeper prices around Q3, so most of my cash is still sidelined. But I'm not mad if this rally continues, just want to reach break-even at this point. Entering fresh this year would have been beatiful - not selling in 2024 was a huge mistake but I learned the hard way
It's really surprising, didn't expect a rally in these times at all. Just when I prepared to increase my DCA haha but now I just hold and see where this goes. After all we've seen plenty of these little rallies and they can reverse so damn quickly
I think you should all stfu and DCA. Especially you, OP.
All you had to do was DCA and hold bitcoin for 10-15 years and you'd have generational wealth
To be fair to Ben, he does plenty of videos covering both Bull & Bear cases, even when he does lean more Bearish within the overall cycle. He is a bit of BTC maxi / Altcoin hater, but this is a BTC reddit anyway lol. I usually don't agree with his Bearish takes, but I like to watch his YT videos since it's dangerous to be 100% in my own Bullish bubble. One thing I do respect about Ben is he hedges against the possibility he could be wrong, and so he bought BTC regardless (DCA). He admitted he would've liked to have accumulated more at the lows. We could say recommending DCA is a cop-out, but DCA is generally a sound strategy in crypto, especially when prices crash and multiple HTF indicators are/were Oversold. Either way, its too early to tell for sure, but it's nice to see some Bullish energy return to crypto.
yea i've literally been following his stuff for years and thanks to him, i've accumulated alot of bitcoin at the right times. No one is right 100% of the time and if that was the low, he was right that it would happen H2 of midterm years. If you'd just DCA when he said were good times, and avoided shitcoins, you'd have done quite well for yourself.
You either have conviction or you don’t. If you’re spending this much time trying to time the bottom, I suggest day trading. At least there’s more stocks options to choose from rather than limiting yourself to BTC. First you DCA your way until you hit one coin and then you surpass one coin and continue.
Just follow Ben Cowen’s advice and DCA from June to Dec. maybe we go lower maybe we go higher tomorrow, but price rn is likely lower than what it’ll be next year and the year after
Technically he said to start DCA'ing in the second half of the year and funny enough he bottom was the first day of the second half of the year 🙃🤣🙃
He's said to DCA in the midterm year second half numerous times. It's what he has done in the past and what he is doing now. He isn't incorrect.
He's been saying DCA second half of midterm years all year.
Coinbase One card is great to DCA. $50 AF and then 2% back on everything, more for travel. Top notch. Anytime is a great time to buy with DCA from daily expenses
No one can pin point the top or bottom. His actionable strategy that he preaches of dynamic DCA has been wildly successful.
Yeah it’s gross he’s moving the goal posts instead of saying was he incorrect on his prediction. I don’t think he ever really said that it’s a good idea to DCA in the second half of the midterm year. Blockchaninbacker is the king.
DCA in the background, buy if a move downside feels overdone.
DCA and put down the laptop and read a nice book or get outside.
thats why DCA'ing is the best thing
I turned on the daily DCA on back in April. The average buy price is $67k. Buying 60-70-80k in a few years will look like a great buy. I don’t plan on turning it off any time soon
Firstly, use AI to sharpen your own research, but at least reformat in your own words instead of mindlessly regurgitating like a parrot. Secondly, having been in the space for several years, my humble opinion is that we’ve definitely bottomed out. So now is a good a time as any to DCA on the way up. But always DYOR.
Why do people spend so much time trying to figure out what causes a move? Just buy and hold, you’ll be fine. If there is more upside than downside DCA.
Always the same retuaric.... Just DCA when you can, and enjoy life....
It's not a contradiction, it's an investment strategy. I DCA, but I also play the market. I have a chunk of cash reserved and I buy when I feel the price is down enough. I do the same with the stock market.
DCA means you will never time a bottom.
Yes I did DCA every week in the 60s, but I was hoping to get a great lump sum there as well finally got the car sold and yeah here we are,
DCA, and do something more interesting.
Did you sell your card to buy bitcoin or did you sell your car to buy bitcoin at 76K? Over the span of 10 years, doesn’t make a difference? If you’re concerned, DCA over the next month or two. If you plan to sell your car to buy bitcoin, then by now and follow through with the thing that you said that you were going to do.
I’ve never made this much in any type of crypto and third coin ever bought. 3 years DCA majors. Bought in last last year early this year, HODL. Yay!
I feel like I am going through this now so will reasses going back to DCA again
DCA'd at 60 and 70, i'll wait until ATH and maybe sell some then... if a liquidity sweep of the yearly lows looks likely ill DCA again.... sell a little more at 150... you all should know the drill by now...
I'm not excited, although I prefer up because I've already made my significant buys for this cycle. If we see lower, my smaller DCA purchases will just add to it. 11 years in, I've seen it all too.
Turns out no one has a clue… DCA and hodl is the answer
Also, read this, mate. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. DCA is probably the best approach. Once a week works best for me, but I'm getting paid weekly. This [DCA calculator](https://21vox.com/dca-calculator) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **Good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. If you can afford it, opt for Safe 7 (**air-gapped**) and use the Bitcoin only firmware as it's safer than a multi coin software. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor). Sadly, this device is **not air-gapped**. [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better build. I would go stateless instead of using their servers. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, making is an expensive hot wallet. The opposite of what you want from a cold wallet. **Stay away**, save yourself a headache in the future. The same goes for many other hardware wallets that are too new or filled with too much of unnecessary shitcoin code. Stay away. There's also ColdCard, great features but recently had a massive duckup, I would wait until all of their code is fully open source, preferably rewritten by the community before touching it. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
I'm guessing you're in the states. Install Strike and set DCA. Carry on with it for a few years. Watch this to understand the problem. https://www.youtube.com/watch?v=YtFOxNbmD38 Now, I don't like influencers and would say stay away from anyone talking about shitcoins, yes even ETH is a premined and centralized shitcoin. Also, don't listen anyone predicting the tops and bottoms. Nobody knows where bitcoin will be next week, month or year. There's one guy that is worth watching: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ Watch every single video from that channel.
Sticking with the conviction and steadily DCA the last two years is finally paying off. feelsgoodman
Then I'm hoping for you it doesn't tank much lower on october 7th haha. I was seriously curious, because I've never made a major buy based on somne date like that. I'm more of a ''buy the dip'' guy. When I have money, and I'm in front of the screen, and I see a flash crash, I try to buy then. When we hit 60k in february, I didn't have that much money at the time, but I restarted my DCA. It's turning out pretty well so far.
That too. But at this point I'd probably just fomo it all in. People who wait too long don't get the ability to patiently DCA.
honestly just DCA what you can stomach losing and forget about it, trying to time the halving is a recipe for second-guessing every dip
I'd DCA for one simple reason. No one knows what the price will be 500 or 1000 days before halving. Looks like we are at a bottom, but the hard truth is that we can go either direction. DCA removes any sort of astrology.
Not enough downside. Prices holding within a 5% range. Builds confidence to step it up. Doesn't mean that the original pump from 63k to 81k is stable. Those inside that could yank these stackers on top of it at anytime. Be careful if you're not DCA.
DCA $40 a week. I don’t even check the price.
Hey man You seem to be a DCA maxi. Would you be open to helping me test my BTC DCA companion app. Still in beta. Complete privacy no data collection. Free subscription in it for ya.?
Almost everyone in my close circle owns some. A few DCA somewhat regularly. Almost non of them actually know what it is.
I've built a BTC DCA app to optimize weekly buys. I'm looking for testers and feedback. Would you be interested in helping me out? Free subscription in it for you.
I've built a BTC DCA app to help do what you're describing. I'm looking for testers and feedback. Would be interested in helping me out?
DCA is such an easy/effective strategy and yet very few people actually do it
Last week someone sold his bitcoin stash ahead of the Clarity Act in the hopes of buying back cheaper. Accounting for taxes and near perfect timing, how much did this person really saved??? Just DCA, damn it.
BTC will continue to cycle the way it always has, regardless of geopolitical narratives. Or at least that’s what it seems. DCA every day and enjoy a totally different experience than reacting to highs and lows.
Yep…. And they should not be investing to start with…. Just like the $10 per month DCA Crew.
Buying at regular intervals regardless of market activity is called DCA and it's the best strategy.
Stop listening to price predictors and chart wizards. Stay humble, stack Sats via DCA, and move them to cold storage. It’s really that simple.
I donno I just keep daily DCA @ 300CAD and well over the last 8 years I’m up significantly
Only annoying thing is my daily DCA gets me fewer sats
I was one of those thinking we’d see a low of somewhere between the low $50k’s and the low $40k’s. I had laddered limit orders starting at $54k down to $42k, each getting larger as they descended. This is my first time starting to accumulate Bitcoin, started daily DCA’ing in February and have spot bought at lower levels as a hedge against us not reaching those lows my limit orders were set to. It’s looking more and more like that was a good move as I at least have a decent position without those orders executing. Still have that dry powder ready to go but am reassessing my strategy. I think we will see a dip to a higher low at some point before we are out of this bear market, low $70k’s at least. We’ll see. I’m still hoping for a lower low but not expecting it at this point. Ready for whatever. Bitcoin has been very resilient as of late.