42 sats \ 4 replies \ @DiracDelta 11 Jul 2023 \ on: River "unsettled" Bitcoin bitcoin
The good alternative for automatic DCA is called GetOnZero. It has the great feature of minimizing the staying poor you have fun with by reducing dollar holding to the minimum possible amount.
DCA was a meme to hook you onto lousy exchanges. You were literally marketed a trading strategy based on holding dollars and it worked on you. 🤡
I prefer lump sum, it works simpler for taxes and figuring out cap gains, in case you ever sell any.
reply
I really find it pathetic so many LARPers on SN complain about “KYC will confiscate your Bitcoin” then a day later they are complaining about DCA exchanges.
If you hold ANY extra dollars beyond your fiat bills- you are short bitcoin.
reply
uwotmate
reply
I’m agreeing with you
reply