Well dca 100 a week.
5200 for a year.
Do it for 5 years.
26000 in.
As for buy the dip
15x at 84k
15x at 74k
15x at 64k
The 4500 buy the dip may never happen.
But the 100 a week dca hits.
Do both.
X every week for 5 years
15x ladder down buy the dip.
I would just like to reiterate that1) I believe buying on dip tends to be a bad practice for newbies and inferior to DCA.
2) Even if anyone were to agree to putting some kind of buying on dip into play, 15x your weekly DCA is outrageously high amounts of value to be holding back for anyone who considers himself to still be in their accumulation stage...and spacing them out $10k increments is outrageous too. It is like beign scared to invest in bitcoin and overly preparing for downs that may well not end up happening.
3) If I were to agree to any recommendation that a newbie strategize buying on dips, then I would recommend no more than 25% held back in the DCA amounts and perhaps letting it build up for some time. Of course, there are some folks who come to bitcoin with lump sum amounts, so those folks would have more flexibility to the extent that they might consider any lump sum amount to be either bought right away or defered based on time (DCA) and/or deferred based on dips (that might not happen).
Many times DCA works better for the first whole cycle that most normies are buying into bitcoin, yet at the same time, sure there are some exceptions in the cases where a person might have some lump sum amounts that he is starting out with and having to consier how to allocate his buys with that lump sum amount in the three categories as I mentioned above.
Wow! I was thinking that when i started with 40% in dollar cost averaging as a newbie that i didn't start very well when it comes to Bitcoin investment, I'm very pleased with your recommendation on the percentages to use and start with as a newbie.
I humbly choose the DCA strategy when i started investing into Bitcoin and i know that some investors knows or says that DCA strategy is not the best of strategies to use when it comes to Bitcoin investments but i must said that DCA is okay for me because ever since i have been practicing the DCA method i have being accumulating seriously.