Buying Bitcoin Using Dollar Cost Averaging & Avoiding Dust UTXO - Self Custody Series - Feb 2024

Title:
Buying Bitcoin Using Dollar Cost Averaging & Avoiding Dust UTXO - Self Custody Series - Feb 2024
Description:

In the February 2024 patron Q&A, Andreas answered questions related to DCA (dollar cost averaging) purchasing and avoiding dust (too small to move due to fees) transactions. The question made a great point - which was how to balance the competing mantras: (1) buy using DCA, which means buying small amounts each week regardless of price, (2) don't leave bitcoin on an exchange, and (3) don't reuse addresses.

In this video, Andreas discusses how to balance those mantras and suggests one possible solution. As always, your risk model and your needs will be your own - use this information as a guide for you to evaluate your risks, your needs, and your goals. Especially when it comes to Bitcoin

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About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved. Learn more at https://aantonop.com

From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.

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Video Language:
English
Team:
aantonop
Duration:
06:29
http://www.youtube.com/watch?v=gwABJO-kaM8
Format: Youtube
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Format: Youtube
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This video is part of the aantonop team.