Vanessa Williams pfp
Vanessa Williams
@fridgebuzz.eth
So Bitcoin is going up and up and up and I don’t know whether I should buy now or wait for a dip. Because maybe there won’t be a dip? Or maybe there’s *always* a dip? I meant to do dollar cost averaging and just buy a little each month but start now or wait? (I already own a tiny amount.)
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tim/vortac
@vortac
Normally there’s no “wait” for a good entry point in a DCA strategy, you just start asap. You need a long timeframe for the positive effects to mitigate exactly the questions you raised. No financial advice, I’m not an analyst or anything.
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Vanessa Williams pfp
Vanessa Williams
@fridgebuzz.eth
You’re right. I should just pull the trigger. Start today and hope I earn a little extra spending money for my retirement.
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