Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Silikiem
on 22/05/2025, 11:40:19 UTC

I just take the normal one but it has enough accuracy in this case, namely by looking at the Sentiment (Index) Fear & Greed Index so by combining them a Smart DCA strategy pattern was born.

Your comment makes little to no sense, since there is no need to look at market sentiment or other BTC price dynamics in order to engage in reasonable (or smart) DCA practices.  Your DCA practices do not necessarily get better based on your trying to time the market or to figure out BTC price dynamics, and instead you may well be screwing up your BTC accumulation practices by failing/refusing to consistently, persistently, regularly, ongoingly and perhaps even aggressively buy bitcoin.

Yes, this is so true and exactly my point from my previous post., It absolutely makes no sense for an investor whose initial strategy of investing in long term with the DCA method of accumulation and holding to be emotional about the market volatility and at such you turn to the sentiment fear and greed index. It will obviously have a great effect in your level of accumulation because at that time you make such harsh decision, you’re no longer going to be consistent in your accumulation either weekly or monthly and before you know it you might end up abandoning your investment because you’re now waiting to buy in the dip which is a very wrong approach for an investor with the mindset of investing consistently for a long term goal, such mindset is conceived by traders who only want to make quick profit and it’s a very wrong decision especially as it concerns the DCA method of accumulation.