The Magic of Bitcoin DCA

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In this video, I discuss the power of dollar cost averaging into Bitcoin, rather than entering via a single purchase.

Dollar cost averaging (DCA) imposes the discipline of buying fewer sats when the fiat price is higher and more sats when the fiat price is lower, thus giving you a lower fiat cost basis.

In addition to dollar cost averaging, it's important to hodl BTC, instead of trading in and out. As Jack Bogle used to say, "time in the market beats timing the market."

Not investment advice! Consult a financial advisor.

Bitcoin DCA calculator:

CPI chart:

"Trading Bitcoin is a sign of lesser intellect":

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#dollarcostaveraging

Disclaimer

[Anarchistarchitect]

DCA is the way, but I personally just buy whenever I get an income, no matter the cost

[shellshock]

I started DCA two months ago because I looked back at what I missed out on when I didn’t DCA. I told myself I’m not going to miss out again so I buy daily now

[StarshipTrper]

Exactly.
DCA removes the emotional aspect of trading.
You don't care for the price. You buy when it's time and you keep it. It's an investment.
But when prices crash like they just did. I allocate a bit more or I try to put 2 or 3 times my regular deposit in one shot.
DON'T sell!

[NightWhoSaysNi]

Best quote ever.... "Trading Bitcoin is a sign of lesser intellect" - Michael Saylor

[AndrewKangas]

I'm in a hobby rock band that plays covers and originals. We decided to put all the money we earned into BTC because we all have regular jobs and didn't need the money. We played throughout this last bear market (2022, 2023). Every time we played a gig, some for $300, some for $500, a few for more, I reminded us, "Hey, if BTC does what it has done, its like we are playing for twice as much!"

We've like 3x since then. We originally thought once we got to like $50k invested, we all go in together, form an LLC and buy a rental. But slowly and surely, we've realized BTC is pretty great and we haven't sold and probably won't for the foreseeable future after learning about the post halving bull run.

Anyways, not quite DCA'ing on a strict schedule, but, wow, you keep investing in it for a few years and it is amazing.

[Johntron]

I buy daily because I can’t let a day go by knowing I could have but didn’t trade in my monopoly money for perfected scarce money.

[johnnymidas]

GOOD MORNING 🌄 TO ONE OF THE FINEST INTELLIGENT VOICES IN BITCOIN ❤

[Fudmottin]

DCA is the magic sauce for all investing. I used to DCA into an S&P index fund. It did alright for the time. The one annoyance was some taxation of dividends that some of the stocks in the fund paid out. That took money that would normally have been just reinvested back into the fund. DRPs are also nice when you can get in on them.
All this was pre-bitcoin.

[lefthandedscrewdriver]

Here in the UK, so many people think it's wise to hold cash in the bank. I've tried to explain that its a terrible store of value, and Bitcoin is an excellent store of value. I even had a discussion with a colleague on a training course last week who insisted property was the nest investment. I told him i disagreed. The majority of people still think Bitcoin is a scam or a ponzi. I give up trying to tell people, as the majority won't listen. I suppose that old saying "you get Bitcoin at the price that you deserve" becomes apparent here

[NeuroPulse]

Kratter videos are my adult equivalent of having a story book read to me before bed. Relaxing information calms the mind and lets me drift off to sleep.

[GregsTake]

Thanks for the tip Matthew. I doubled my monthly DCA, divided it by 4. Now I DCA weekly. The math you showed cinched it for me :)

[TheGreatTomDix]

There have been quite a few people who were successful at trading it!

I never have but your channel is VERY fact driven!

[ronmckay]

Just one of many of your under rated videos.

[stonedout]

''There is no second best.''

[sawyerjenson]

I set up bi-weekly $250 DCA in 2021 to coincide with my paychecks. Despite immense financial pressure I left the DCA in place even after losing my job. Best choice I ever made. It still tick tocks twice a month to this day.

[runningrock]

2:57
i agree, cpi is not inflation

perhaps could show the M2 growth from FRED page, nice plots there
that will show increase in money supply and true inflation - not the scam that is CPI

appreciate the effort, Matt!

[michaelrosado]

DCA’ing into Bitcoin is something that I hold dear to my heart. It’s the only way I try to introduce others to buying Bitcoin. I’ll show them this video and that website from now on on thanks Matthew 🙏🏽

[D_BigShow]

I truly enjoy your contribution to the evolution of money

[kligero]

Was trying to trade BTC, mostly was bad moves...now its on DCA and i chill at the beach, Thanks Matt

[jakethomas]

Right up there with Einstein and compounding interest.