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<p>[QUOTE="goldcollector, post: 2580627, member: 9088"]Seriously this DCA stuff is overblown. Isnt that what everyone does anyway ? You buy more when you have the money and want to get some ? That in a way is DCA. If spot is lower then your current average price which means your currently down therotically ( no one is ever down, just read the boards) then yes you can buy and lower your DCA but at that point you will ALWAYS be down more than you were beforehand -- ALWAYS. You simply have spread your theoretic losses out amongst more ounces so you are down less PER OUNCE but you will ALWAYS be down more. ( yes assuming you aren't buying below current spot ).</p><p><br /></p><p>The point Im making is that DCA is just a way of making people feel like they are "catching up" or something like that when in fact they are not. Just keep buying when you have the available funds and want to put it in silver or gold. Hold it and in time you will win.</p><p><br /></p><p>This DCA myth is not going to be the reason you make a profit in the long run. You buy and hold until spot finally recovers, which it will. I would not get boxed in by DCA where you think you have to buy on a certain date, or spend the same amount, or only buy when spot is down.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 2580627, member: 9088"]Seriously this DCA stuff is overblown. Isnt that what everyone does anyway ? You buy more when you have the money and want to get some ? That in a way is DCA. If spot is lower then your current average price which means your currently down therotically ( no one is ever down, just read the boards) then yes you can buy and lower your DCA but at that point you will ALWAYS be down more than you were beforehand -- ALWAYS. You simply have spread your theoretic losses out amongst more ounces so you are down less PER OUNCE but you will ALWAYS be down more. ( yes assuming you aren't buying below current spot ). The point Im making is that DCA is just a way of making people feel like they are "catching up" or something like that when in fact they are not. Just keep buying when you have the available funds and want to put it in silver or gold. Hold it and in time you will win. This DCA myth is not going to be the reason you make a profit in the long run. You buy and hold until spot finally recovers, which it will. I would not get boxed in by DCA where you think you have to buy on a certain date, or spend the same amount, or only buy when spot is down.[/QUOTE]
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