Last Wednesday the payment was deducted as usual, and I bought 0.0032 BTC. The price was falling, and my finger hovered over the confirm key for two seconds. Just two seconds.
The most anti-human thing about dollar-cost averaging isn’t the drop—it’s having to manually hit confirm when prices are falling. When it’s rising you click fast. When it’s falling, every time feels like you’re fighting with yourself.
Today I saw on CoinDesk that this round of old coins is rotating hands—the way it’s happening is different from the previous top cycles. I didn’t plan to guess the top. The amount I can move in my paycheck account is limited. Getting it right won’t double my profits, but getting it wrong will keep me from sleeping. A programmer’s occupational illness: if something can be automated, never do it manually. DCA rules are hard-coded, so there’s no place for emotions to slip in.
The most anti-human thing about dollar-cost averaging isn’t the drop—it’s having to manually hit confirm when prices are falling. When it’s rising you click fast. When it’s falling, every time feels like you’re fighting with yourself.
Today I saw on CoinDesk that this round of old coins is rotating hands—the way it’s happening is different from the previous top cycles. I didn’t plan to guess the top. The amount I can move in my paycheck account is limited. Getting it right won’t double my profits, but getting it wrong will keep me from sleeping. A programmer’s occupational illness: if something can be automated, never do it manually. DCA rules are hard-coded, so there’s no place for emotions to slip in.
