DCA Strategy to jump back in
I have a very small amount of BTC on Coinbase from over the years. I want to “turn on” investing in BTC again. I am in the process of diving into learning and trying to really understand all there is to know. I’m viewing this as another bucket for retirement. I want to set it and forget it — HODL! In my early 30s so not opposed to some risk, but I like calculated risks. I want to DCA (probably weekly) to purchase BTC only. I’ll probably start with $100-200 monthly.
I think my approach below is good but would like to get other thoughts/opinions/suggestions. I’m trying to not over complicate it. Thanks in advance!
1) Open an account on Strike and purchase BTC there. (Really went between River, Swan, Strike — landed on strike for lowest fees).
2) Transfer to cold storage when I reach a certain amount. Any advice on how much to build up before transferring to Trezor? Between ColdCard and Trezor, but I think Trezor is enough for what I’m looking to do right now.
Coindesk refusing to report on BCH, instead only reporting on meme coin movements. It is likely intentional as their owners may be the ones getting blown up as record BCH shorts are being margin called/deep underwater.
Trotz kryptofreundlicher Freihandelszone: Honduras verbietet Finanzinstitutionen Umgang mit Kryptowährungen
Buying and selling are frozen on Coinbase. This is why self custody is important of a useable currency.