Lysander Spooner on Nostr: DCA is an acronym that stands for Dollar Cost Average. I use it accurately here to ...
DCA is an acronym that stands for Dollar Cost Average. I use it accurately here to describe the average cost at which Nayib has purchased BTC.
You're right that, like most words and acronyms in the Bitcoin orbit, DCA has been absolutely pretzeled beyond the regular meaning of terms -- this time into a verb that means a regular periodic purchase, typically monthly.
Published at
2023-03-09 22:54:52Event JSON
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"content": "DCA is an acronym that stands for Dollar Cost Average. I use it accurately here to describe the average cost at which Nayib has purchased BTC. \n\nYou're right that, like most words and acronyms in the Bitcoin orbit, DCA has been absolutely pretzeled beyond the regular meaning of terms -- this time into a verb that means a regular periodic purchase, typically monthly.",
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