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Thanks for this wonderful information that I never thought existed. You have once again helped make things easier for me regarding my Bitcoin investing. I first learnt about the DCA method from you and it changed a lot of things for me especially my approach to Bitcoin accumulation; things got rapidly better for me as the DCA method gave me the discipline and mindset I needed to take my Bitcoin portfolio to the next stage. I also learnt from you those other additions such as the emergency funds, reserved funds and other wonderful ideas that makes the investment and holding easy and sustainable.
This information about automatic DCA is another game changer for me as it makes the whole thing easier for me. With it I will only have to login in to the exchange only when I want to make withdrawals or deposits which is normally monthly while my DCA runs weekly. I appreciate your level of selflessness in helping us with out Bitcoin investing.
As I mentioned, I am not that excited about automatic DCA, even though there surely are ways that guys could use automatic DCA to their advantage, including for example, let's say that there is a guy who might usually invest between $80 and $150 per week on BTC buys, and realizing that he has a decent amount of variance in both his income and his expenses, yet he tends to not be really sure about how much variance he is going to have, except at maybe one or two points during each of the months. Accordingly, such person gets confirmation regarding his income and expenses at those various points that help to inform him more specifically regarding the amount of his discretionary income for that month and so after he has that information, he is in a better position to commit more specifically regarding how much his DCA is going to be for the month.. ... so maybe such person in such situation might consider setting his automated DCA at $80 per week (which is like the worse case scenario), and then at the end of the month or maybe twice a month, he would assess whether to add some additional BTC buys in there or not.. so once or twice a month, the guy ends up looking at it his various cashflows.. especially if they seem to be deviating a lot from usual, more thoroughly, yet during the vast majority of the month, he is just letting his weekly DCA run with the lower amount such as $80 per week in this example even though he knows that there might be some weeks that he is able to buy more bitcoin .. but he ends up erroring on the conservative side so that he does not screw up his cashflows, and he otherwise be spending the majority of his time doing other productive or enjoyable things in his life.
