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Anonymous
Do i DCA at fixed day of every month or is it recommended to see the market whether the price is going down?
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There’s no right time to DCA. The worst thing to do is trying to time the market for minimal gains. Best thing to do is just put in your money ASAP and watch it grow. Learn as you go, valuable experience makes you a more astute investor for more challenging decisions in future. All the best! 😊
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The point of DCA-ing is to not care about whether the prices are going up or down in the short run. ...
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Honestly... there’s no right time!
Came across this quote “The best time to start was yesterday! The next best time is now!”
If you’re scared, just DCA monthly instead of putting a lump sum :)