Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
red4slash
on 22/08/2023, 19:10:49 UTC
⭐ Merited by JayJuanGee (1)
[edited out]
Btw the division is quite good but I think we can still divide it equally such as with $300 in each purchase or DCA made or maybe make it $200 in one time it is also still possible.

I think that you are referring to my example of a $1,200 budget and placing them in 4 different price locations.

I think that I largely addressed this as a way that some kinds of buy order structures and plans are deficient and they may well cause panic because of their deficiencies, so merely dividing them into equal parts would not necessarily improve the deficiencies that I was trying to point out, but I agree with you that there are some benefits in terms of trying to stay somewhat consistent with amounts, once we might figure out other details, such as what are our increments, how much we have in our budget and how far down we want our buys to go in order to attempt to account for what we believe to be worse case scenarios (and perhaps even having enough of a budget to go beyond what we consider to be worse case scenarios).
Yep, it refers to the example you gave so that the discussion does not widen much, but in the end it also adjusts to the capital we have and I am aware of that, it's just that when there is already an example so that the discussion refers more to the DCA in question, I just give my views on the example you gave earlier.
The context may go back to consistency because if indeed we cannot be consistent with large amounts then at least it can be minimised in terms of the amount invested so that the DCA we do runs well.