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

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

PT6M30S | Video has closed captioning.

2024-12-23T09:29:58+0800

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 COMMENT below and let us know what you think of the video. Post your follow-up questions there too! SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ?sub_confirmation=1 JOIN this YouTube channel to become a YouTube Community Member and access custom emoji: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ/join BECOME a Community Builder: https://patreon.com/aantonop LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.com/workshops-page/ Content is available in English and Spanish (subtitles and written material) You can also learn from one of aantonop's many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter. 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. ***Learn More From Andreas’ Workshops, Books & Events** Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8 Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8 E-books & Merch: https://aantonop.io/shop Patreon: https://patreon.com/aantonop Website: https://aantonop.com Workshops: https://aantonop.com/workshops ***Connect with Andreas on Socials*** Facebook: https://www.facebook.com/AndreasMAntonopoulos Instagram: https://www.instagram.com/amantonop/ LinkedIn: https://www.linkedin.com/company/aantonop/ Twitter: https://twitter.com/aantonop Thanks for watching, sharing, and subscribing!