11-21-2021, 08:31 PM
My ONLY issue with DCA (Crypto related post)
<!-- SC_OFF --><div class="md"><p>I am certain I can not be the only person in the crypto space that faces this dilemma every time they have some disposable cash to DCA into held projects. I would like to know what strategies you use.</p> <p>I am a very average investor with give or take about $600 to use on both new projects I like and DCA into promising ones I hold. The trouble is, there are so many amazing projects out there that it is a struggle to shrug a lot of them off, so I keep adding new tokens to my portfolio, which then makes the choice of what to DCA into incredibly hard, because I start to believe I am spreading the love way to thin on the projects I hold due to my limited funds.</p> <p>I then find myself getting tempted to get out of projects just so I can DCA more ''meaningful'' amounts into others every month. I am in some blue chip projects like ETH and DOT, but it almost feels silly (I know it's not really but it's just so small it feels negligible to me) putting $60 in ETH monthly because I have 9 other projects to add to.</p> <p>Is it best to reduce the number of projects I am in so I can allocate more cash to each one, or keep them all and keep topping up with these tiny amounts I can afford every month?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TheStressless"> /u/TheStressless </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qytutz/my_only_issue_with_dca_crypto_related_post/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qytutz/my_only_issue_with_dca_crypto_related_post/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I am certain I can not be the only person in the crypto space that faces this dilemma every time they have some disposable cash to DCA into held projects. I would like to know what strategies you use.</p> <p>I am a very average investor with give or take about $600 to use on both new projects I like and DCA into promising ones I hold. The trouble is, there are so many amazing projects out there that it is a struggle to shrug a lot of them off, so I keep adding new tokens to my portfolio, which then makes the choice of what to DCA into incredibly hard, because I start to believe I am spreading the love way to thin on the projects I hold due to my limited funds.</p> <p>I then find myself getting tempted to get out of projects just so I can DCA more ''meaningful'' amounts into others every month. I am in some blue chip projects like ETH and DOT, but it almost feels silly (I know it's not really but it's just so small it feels negligible to me) putting $60 in ETH monthly because I have 9 other projects to add to.</p> <p>Is it best to reduce the number of projects I am in so I can allocate more cash to each one, or keep them all and keep topping up with these tiny amounts I can afford every month?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TheStressless"> /u/TheStressless </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qytutz/my_only_issue_with_dca_crypto_related_post/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qytutz/my_only_issue_with_dca_crypto_related_post/">[comments]</a></span>Kind Regards R