Does anyone here DCA into Monero every week?!
I've been thinking about starting a weekly DCA strategy with Monero instead of trying to time the market.
My idea is to buy around 100 worth of XMR every week, which would end up being roughly 400 to 500 per month depending on the month. Psychologically it feels much easier for me than making one larger purchase all at once.
I've noticed I spend small amounts on random things throughout the week without really thinking about it, so I figured I could redirect one of those weekly expenses into Monero instead. The goal is to gradually build my holdings and then keep everything in my own wallet.
For those of you who regularly accumulate XMR, do you prefer weekly purchases, monthly purchases, or do you just buy whenever you think the price is attractive?
I'd be interested to hear what strategy has worked best for you over the long term.