Lump sum each month, or DCA over days/weeks/months?
Lump sum each month, or DCA over days/weeks/months?
Hi.
I’m 16 and currently have no major expenses, so I’m able to invest about 90% of my monthly income, roughly $2-3k.
Since I can’t predict or time the market, I’m wondering, should I invest the full amount as a lump sum at the start of each month, or should I DCA by spreading it across days, weeks, or months?
Is there a big possibility of a september dip?
Also, if i’d do more frequent transactions from the exchange to my trezor, in case i do DCA more often, what would that mean utxo fee wise?
Thanks.
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