Is DCA into Bitcoin in a bear market an investment, while DCA into low-cap “shitcoins” is speculation?

Many people think: I buy in batches, don’t chase the price, so this is value investing. Wrong.

When you DCA BTC and hold without moving—it’s investing. You’re betting on the long-term evolution of humanity’s monetary system.

When you DCA a so-called “100x potential” shitcoin—it’s speculation. You’re betting that the next bag-holder will be even dumber than you.

What’s the difference?

One is buying the “gift of time.” The other is buying “a relay baton of other people’s emotions.”

The most terrifying thing isn’t speculation—it’s doing speculation while using an investing posture. You set a monthly DCA plan, pat yourself on the back and think you’re “building a position,” but you end up investing in a zeroed-out coin—and still believe you’re disciplined.

DCA is just a tool; the choice of target is the soul.

In your current DCA list, how many can survive the next full bull-bear cycle? $BTC $BNB $ETH #美国7月CPI与PPI数据本周出炉 #美国7月PPI持平