This is a way of buying/investing in a gradual & consistent way
A friend of a friend told me it’s a great way to accumulate assets at a discount when the markets are dumping or/and stagnant
This is a way to invest for the video gamers of RPG’s, MMO’s and any other games that require serious grinding.
In video game terms, this would be the IRL (in real life) hoarding accumulation game, similar to Minecraft; you mine to craft to mine more. However, in this version, you accumulate, then accumulate more, until you can finally afford to purchase a big house for your mum 🏡
Do your own research and choose a project you believe in for the longterm (longterm can be subjective), then there are a number of ways to DCA:
Here’s a DCA Calculator, to visually see what could have been if someone DCA’d across the previous bear markets.
Personally, I’d advise people to keep assets off the exchanges, so either get paid or buy straight into your ledger or whichever other hard wallet you have.
Or … Routinely move your assets from the exchanges to your ledger, say every 3 months, ect.
Important to remember, not your keys, not your crypto
… That also means you are in full control, so don’t lose your keys!
My financial advice is that this is not financial advice, so do your own research and don’t listen to a random person on the internet this includes web3, web4 & web5 🔑
“Success is the sum of small efforts, repeated day in and day out”
– Robert Collier