Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Greyhats
on 06/12/2024, 16:51:10 UTC
⭐ Merited by JayJuanGee (1)
I also accumulate Bitcoin with DCA but my strategy is more comfortable with weekly until now.
As I discussed earlier, I want to act more aggressively in 2025, Well maybe it takes adaptation to launch the program on the accumulation that I planned in 2025. I have prepared various considerations, where this year I budgeted 11.2% of my income to invest in bitcoin and in the thoughts that I have planned of course I want to increase it to 15% in 2025. Hopefully it can go according to expectations and planning that I have set.
Will not be too aggressive in 2025 as prices may increase considerably, will still have the usual allocation to DCA maybe weekly or monthly which was done previously in this accumulation.

I think the DCA that becomes aggressive after the bullish phase ends, then it is in the percentage will be more done by me in the future, but for now as we know bitcoin will increase still accumulation is done every month.

I understand what your stating here, but I think its the wrong approach. DCA for me is not caring too much about the price that I buy at, its more about how much i can accumulate within my target for the year. So say I have a accumulation target of 0.1 BTC for 2025 and I forecast the average BTC price for 2025 at 150k I'm going to need to budget 15k(288/week). If the avg price goes up I'm gonna need to become aggressive and I need to figure out how agressive I can be, so maybe I draw line and say I can put in another 2k(38/week) to reach my accumulation target, or on the flip the avg price goes down I will accumalate more than 0.1 BTC with the intial 15k budget, and have 2k extra for out of schedule buys or maybe even a dip buy here and there.

The way I accumale is by setting yearly goals to get X BTC in that year. I have an over arching accumulation target that I'm trying to get too that plays into those annual goals. Whether its a bullish year or a bearish year doesn't impact my target setting, because it will balance out. There may some years(and there have been) where I over accumulated and I'm sure there will be years I under accumulate but as long as I get to my target or very close to it I feel I will be setup right for the future.