Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 08/01/2023, 23:10:00 UTC
DCA works fine during a bear market. but when the bull market starts its way better to just go all in or like half now half at a better price if given the opportunity.

Well one can argue when to do DCA if the market is going up up and away.


Right now the Market is all about a sideways motion.

That calls for DCA.

If you wait for buy low sell high it does not work if the low has happened a few moths ago.

I started DCA on NOV 4 Friday the 2022

x fiat for 10 weeks = 10x

I also did some buys at 15.7 and 15.9 and 16.2

 4x each and 1 more buy at 16.55 4x.  this means I grabbed 16x on dips and 10x on DCA.

I do have dips set for 15.5 and 14.9


All of the above has nothing to do with my mining which is a grind for me and my 3 partners.