DCA Fridays on Yen.io!



So now that yen is out, I’ll be Dollar Cost Averaging 3 coins through it… we’ll leave the binance on binance until we integrate!

Every Friday:

  • $50 BTC
  • $25 LTC
  • $25 ETC

Follow me here: http://beta.yen.io/peter/ :point_left:t3::point_left:t3::point_left:t3::point_left:t3::point_left:t3::point_left:t3::point_left:t3::point_left:t3:


Time to get in some :money_with_wings:!


Any reason in particular? You still DCAIng any alts?


If you look for my 2017 year in review, you can see all the other coins i’m DCA.

However, these are just for coinbase for now!


Did you change your perspective on ltc? I thought you lost faith when Charlie Lee sold all his holdings? Maybe i missed something hard to keep up with all the content…


He asked Charlie Lee about why he did that in the interview that he did with him a short while ago,if you listen to that it will become clear I think.


Yeah was looking at the review the other day actually around research, can never go wrong with the mothership i guess!


I bought ETC and LTC today too, nice, good buy


People ask me Why I DCA during bear market ? ):blush:
because my average cost basis lowers and lowers every time I purchase during bear maket it is true. LOL


I guess that helps if you’re already holding bags :slight_smile:


Pros & Cons Of Dollar Cost Averaging

By Poonkulali Thangavelu | Updated September 29, 2018 — 10:58 AM EDT

If you are an investor looking for a strategy that cuts down on your investing risk, you might want to consider a dollar-cost averaging strategy. Of course, while this approach helps you better manage risk, you are also less likely to experience outsize returns.

The term “dollar-cost averaging” refers to the practice of investing a consistent dollar amount in the same investment over a period of time. For instance, you might be interested in buying XYZ stock but don’t want to take the risk of putting in your money all at once. You could instead invest a steady amount, say $300, every month. If the stock trades at $10 one month, you will buy 30 shares. If it later goes up to $12, you will end up with 25 shares that month. And if the price falls to $8 another month, you will accumulate 37.5 shares. If you invest into a 401(k) plan, this is actually your approach. If you stick to your asset allocation for a longer term, you are putting in a constant dollar amount every month into a specific allocation of investments.

Reduces Emotional Component

One advantage to dollar-cost averaging is that by investing mechanically, you will take the emotional component out of your decision-making. You will continue on a preset course of buying a certain dollar amount of your preferred investment irrespective of how wildly the price swings. This way, you will not bail out of your investment when the price goes down in a wild swing, but rather see it as an opportunity to acquire more shares at a lower cost.

Avoids Bad Timing

If you invest your money all at once in a particular investment, there is the risk that you will invest just before a big market downturn. Imagine you had jumped into an investment just before the market downturn that began in 2007. You would have ended up losing more money than if you had invested only some of your money before the downturn. Of course, the other side of this coin is that you might also miss out on investing at just the right time, before the market starts trending upward in a bull market.

Market Rises Over Time

Another disadvantage of dollar-cost averaging is that the market tends to go up over time. This means that if you invest a lump sum earlier, it is likely to do better than smaller amounts invested over a period of time. The lump sum will provide a better return over the long run as a result of the market’s rising tendency.

Not a Substitute for Identifying Good Investments

Dollar-cost averaging is not a panacea, however. You will have to take on the task of identifying good investments and do your research even if you opt for a passive dollar-cost averaging approach. If the investment you identify turns out to be a bad pick, you will only be investing steadily into a losing investment.

Also, by adopting a passive approach, you will not be responding to the changing environment. As the investment environment changes, you might get new information about an investment that might want to make you rethink your approach. For instance, if you hear that XYZ company is making an acquisition that will add to its earnings, you might want to increase your exposure to the company. However, a dollar-cost averaging approach does not allow for that sort of dynamic portfolio management.

The Bottom Line

If you are a less experienced investor and want to follow a preset approach so that you are not exposed to wild market swings, dollar-cost averaging could be a good approach. On the other hand, if you are experienced, you might be able to get better returns by active strategizing rather than going for dollar-cost averaging.


I am a less experienced investor, that’s why DCA. Lets put it this way.


Education and experience makes you a better investor, no way around that unfortunately. Still learning myself…Gained more investing/trading knowledge over the last year than i ever had before i entered the crypto space. So much more to learn and experience…


what does 2017 founding member mean?


That i was a member when the pub launched last year.


I see, I joined in Feb.2018.


So epic! This is one of our hypotheses!
Use YEN more than original exchange!


Those replays though!


Are we talking about @ yen.io one will be able to buy BTC ETC ICX NEO ONT all in one place without going to coinbase or binance. how does it work like that?