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I'd like to set up a reoccuring purchase of about $30 a month in bitcoins, regardless of the price. My reasoning is that it will hopefully take some of my emotions out of the smaller, more frequent purchases Ive been making more recently. I'm also thinking it will sort of average out my buying so that I don't fret/overthink over whatever price it may be when I hop online.
What is the best way to go about this? My thought was to do a $15 purchase every two weeks, scheduled for Saturdays at 3am CST. I chose this time simply because it seems a like a time that may be slower in transactions. But that could be way off. If anyone can suggest a better time that would be great! Any other critiques on this method? The timing, etc?
Any thoughts on this would be great. Personally, I'm pretty bullish long term, and while I can't afford to dump a lot of money now, I'd like to make it into a monthly or bimonthly investment that might just pay off in the long term.
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