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I'm thinking of investing 1k from my salary every month

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I'm thinking of investing 1k from my salary every month into crypto.

The thing is I don't wanna miss out on gains, should I just invest 12k right now (basically get a loan) or do 1k a month thing?
>>
>>2340159
Do what I do, and DCA.

I buy exactly $50 of BTC and $50 of ETH every single day, so I buy at the average over time. As long as the general trend goes up, you gain, albeit not as much.
>>
>>2340164
I see. My plan was to invest 70% into BTC/ETH and do day trading with 30% with the rest.

wouldn't commission fees fuck you up in the long run if you buy every day though?
>>
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>>2340201
yeah its dumb. Buy loads of eth on a drop, and hodl.

for that 30%, but litedoge now.
>>
>>2340201
>>2340242
Commission fees are percentage bases? So...no it doesn't fuck you up because it doesn't matter.
>>
>>2340159
How diversified does my portfolio need to be to get her as my qt gf?
>>
>>2340159
of course. I'm trying to get a job to invest everything into shitcoins.

Shitcoins turned my life around
>>
>>2340819
>Shitcoins turned my life around
I literally have gone sober just to buy more shitcoins and reunited with my father to tell him about it.
>>
>>2340159
Don't get a fucking loan! Senpai!
>>
>>2340159
you gotta be so stupid to even think of a loan
>>
>>2340159
Dude it's like getting a loan to gamble with it on a roulette table. You are fucking stupid if you fall for this shit and think you'll make guaranteed gains as a newfag
>>
>>2340819
>>2340994
How do you guys trade?
How do you choose your coins?
>>
>>2341111
buy low
sell high
right now I'm on 1337, lsd, html5, ltc
>>
>>2340201
Your strategy is correct and >>2340164
is retarded. The fees to convert fiat to crypto are usually flat fees, while the maker/taker fees on the exchanges from BTC to other crypto are percentage based. The other Anon is basically paying as much as 10% (5/50) a day.

Regarding >>2340159, if you have the cash in a savings it something, go for it and basically borrow from yourself. Anything else and the interest will eat into your profits. I like the 35/35/30 approach. I'm 40/40/20, so it makes sense to me.
Thread posts: 14
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