Not posted in a while just trucking away with dca and stacking. Was out in the world enjoying life and started to notice Btc in general life, from billboards, graffiti, bitcoin atms etc. I’m not sure if it was always there or not but what do we think about this type of engagement with Joe Public. I wonder has anyone found their way here from something like seeing a btc atm in their local area.
I’m having some serious internal debates on whether to over allocate into Btc this year, I had set some targets around totals with what I felt was balanced and am approaching these way sooner than I thought was possible. With WO’s who have over allocated before any learnings to help me with my own decisions?
Another one been wrestling with is continue to allocate same during a bull and new ath, or under allocate for that time. I see comments about oh know if you bought at the top it’s bad but wouldn’t all dca’rs have bought at the top?
Well lets pretend your investment stack of buckets is 20k
if you are under 50 and you are 18k not btc 2k btc
adding just BTC for the rest of the year could be a good idea.
The ratios of your investments could go from:
10% btc 90 % not BTC
to
20% BTC 80% not BTC
the younger you are the harder you could push BTC
Just remember investment money is more or less what you can afford to lose or hodl for a long time.
Thanks for the response! I set it at 5% and figured out I can increase it to about 13% without any impact this year. Next year can move it to 20%, so like 20% of my fun money goes to Btc, and 80% to other investments.
The bit I’m wondering too, is in the year it breaks the current ath should I reduce allocation for dca(don’t stop it)and put aside for buying on the way down or just keep going with current allocation.
One miner q for you do you hold much weight in price to mine 1btc that the big miners are sharing to the SEC each q. Is it realistic the price to mine is currently in that 20-30k range? I’m not sure if it’s a true correlation but the bottoms in cycles seem to be really close to the avg price to mine 1btc. I wonder is this a better way to understand true bottom Vs stating it’s some %drop range from ath’s