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fehrm
3168 days ago
Why do you buy BTC every day? Is it cheaper than just buying once?
2 comments
literallycancer
3168 days ago
Helps with the volatility.
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thejake0
3168 days ago
For the curious:
https://en.m.wikipedia.org/wiki/Dollar_cost_averaging
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artpi
3160 days ago
Yes!
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rodjomatic
3167 days ago
Do you have any special way of avoiding transaction fees? It would seem to me that buying a small amount daily would rack up lots of transaction fees?
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literallycancer
3161 days ago
The exchange usually gives better rates to people who do larger transactions, but the monthly volume would be the important indicator, rather than single transaction volume.
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AsyncAwait
3168 days ago
I guess it just spreads the cost, as getting one bitcoin at once is getting a bit prohibitive these days.
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