Dollar Cost Average vs. Lump Sum Investing… What’s Best For Bitcoin?

What’s the BEST Bitcoin investment strategy? Lump Sum Investing, Dollar Cost Averaging, or Active Trading? In this video we’re going to explore the pros and cons of each investing strategy and look at some REAL data to see which strategy performs BEST under certain market conditions. Dollar Cost Averaging, otherwise known as DCA is where you buy a fixed dollar amount of Bitcoin periodically like weekly or monthly. And you keep that schedule no matter what the price of Bitcoin is. I also make some suggestions in terms of which services to use. And we just learn from the experience of Jerry, George, and Elaine!

Get $10 when signing up for Swan Bitcoin: https://www.swanbitcoin.com/KevinBFB/

Traders lose money: https://tradeciety.com/24-statistics-why-most-traders-lose-money/

DCA calculator 1: https://www.costavg.com
DCA calculator 2: https://cryptohead.io/dca-crypto-calculator/

My DCA data: https://docs.google.com/spreadsheets/d/1K582m57aqHUdIzHOieNrhYem6d6kPRQPfAI2pMlQD58/edit?usp=sharing

Willy Woo’s altcoin article: https://woobull.com/the-two-types-of-altcoins-an-investors-view/

Timestamps:
​0:00 Intro
0:42 A Good Strategy Matters
1:40 Lump Sum
2:38 Day Trade
3:38 Dollar Cost Average
5:15 DCA calculators
6:00 Methodology
6:44 FINAL RESULTS
8:23 2 Pro Tips For You

#DollarCostAverage #Bitcoin #BTC #DCA #Investment #Investing #Strategy #Tips

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