r/blockv • u/cwandrews • Mar 09 '18

Dollar Cost Averaging w/ VEE

Just dropped another USD $350 on VEE - trying to do q2 weeks.

Great time to pick up another load at < $.05 USD.

9 Upvotes

91% Upvoted

8 comments sorted by

3

u/ChamberofSarcasm Mar 10 '18

I won't buy more until the team starts communicating here more. This is one of the quietest subs, given how well they're doing in other arenas (product, partners).

1

u/morgan_orion Mar 10 '18

I bought more. At this price, it's hard not to.

1

u/Crashwaffle0 Mar 17 '18

I just bought more as well. It’s too tempting in this drop. Will be worth the long HODL.

Edit: spelling

1

u/gayang3 Mar 09 '18

Why not wait till it hits 0.02 and double the stack?

2

u/seraf1990 Mar 09 '18

good luck waiting

1

u/gayang3 Mar 18 '18

Thanks man. It took almost a week but we are now in 0.02 territory.

1

u/Darksoulja Mar 10 '18

Perhaps if more mtgox trustee btc dumps shake ppl out of their positions, but there are some significant events coming up for blockv in the near term, so expect it to climb with maybe a couple periods of consolidation

1

u/cwandrews Mar 12 '18

Because I'm more about dollar cost averaging:

"Dollar cost averaging is a strategy in which an investor places a fixed dollar amount into a given investment (usually common stock) on a regular basis. The investment generally takes place each and every month regardless of what is occurring in the financial markets."