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.
Hi sir, it seems you do not understand properly what DCA is, DCA is a routine purchase strategy that does not care about the price when executing it. So in weekly purchases of course if the purchase period has arrived we will buy it.
No one knows what the price of Bitcoin will be in 2025, whether it will go up stronger or even down is not certain because we still have one month left before we enter 2025. Because I am not good at analyzing price movements, I only hold one word that Bitcoin only has 21 million coins, so the longer it is, the rarer it will be and the price will increase with the push of high demand.
For that, I stick to the principle that I have planned where next year I will adjust or increase the budget to 15% for me to invest in Bitcoin.
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.
Hey Greyhats, Your statement is quite accurate, accumulation with DCA does not care about price because we buy consistently throughout the period we are targeting in long-term investment. But know, we need a deeper approach because we are still in the accumulation stage so there are several reasons to act more aggressively in accumulation in the coming year. This is not about forcing yourself but pursuing a target to reach a faster level in achieving accumulation goals, nor is it about satisfaction because of the investment we plan for the long term.