10 sats \ 4 replies \ @k00b 27 Sep 2022 \ on: Bitcoin SMS buy the dip service? bitcoin
Aren't there apps that allow you to DCA extra if a dip triggers it?
I just signed up for Swan, never got OKCoin and Amber to work with my bank...Most of my transactions are with Strike. I haven't seen that option to buy extra.
Also thank you x1000 @K00b for SN and all the work you do!
reply
I also signed up for Swan but then I realized they only work with US banks. I am in Europe :(
reply
Bummer @ekzyis - they do have some good edu resources to check out even if you can't use them to buy: https://www.swanbitcoin.com/canon/
This goes a long way to cover the 100+ hours it takes to start understanding the farthest reaches of BTC and how it will change everything.
reply
Couldn't you just leave a standing limit buy order? (assuming you have fiat balance).
There are quite a few exchanges now that offer DCA, but as far as if any do this type of a limit order, I wouldn't know without researching each. The following blog post has a list of exchanges with DCA:
Dollar Cost Averaging. The answer to the question “Is now a good time to buy Bitcoin?”
https://cointastical.medium.com/dollar-cost-averaging-the-answer-to-the-question-is-now-a-good-time-to-buy-bitcoin-a84e518f50f0
reply