Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by aesma (1)
the sl program is available on most linux/bsd distributions as package/port, i.e. on debian based systems just 'apt-get install sl', the rest is just 'alias btc-price=sl -l'
The other direction for that train would be MOAR better.
This year my plan is to strictly DCA with a defined amount of fiat (already sent the whole year to the exchange end of 2022) and continue the ladder trades.
For those who DCA, how do you do it, do you choose a day of the month/day of the week to do it ? Or do you try do get a "good price" in a defined window ?
For those who DCA, how do you do it, do you choose a day of the month/day of the week to do it ? Or do you try do get a "good price" in a defined window ?
When I employ a DCA.. such as giving myself a weekly allowance, I try to hit the lows within that week... and if the week comes close to ending without my spending my allowance, then I will spend at whatever the price is at the end of that week. Of course, you can set the days that the week begins and ends at any day that you wish.
From my point of view, one of the problems with set it and forget it on most exchanges is that they do not let you set your DCA at an exact time, so they end up daily batching them and potentially front running them. If they let you set an actual time then I would not be against any DCA practice with an exchange that allows for that.