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Show thought: Each havling cycle, if you stack 1/10 block reward, you are ahead
348 sats \ 7 comments \ @sime 11 Feb bitcoin
Not challenging DCA strategies, but a thought experiment: stack 1/10 of the block reward everything cycle.
We are about to enter the fourth halving, where block rewards will be 3.125 BTC. Blocks are produced every 10 minutes. When slicing the reward to per minute, every minute is worth 0.3125 BTC.
Each cycle is approximate ~50 months. So to stack 0.3125 BTC but the end of the cycle, you need to grab 0.00625 BTC every month.
Thoughts?
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39 sats \ 0 replies \ @03479d0ee6 12 Feb
I like it, if its too expensive one can try to do the same a cycle before where prices should be cheaper.
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16 sats \ 0 replies \ @TheBTCManual 12 Feb
As long as you can afford to DCA picking your frequency and target is really just a personal choice, I do think this is manageable for many if you think in sats, and I'm pretty sure 1 BTC is out of reach for most people already so making the 10, 20, 50 million sat target the norm is needed as not to discourage people who have unit bias
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0 sats \ 0 replies \ @OriginalSize 12 Feb
Only 2.1 million people can do that. Ahead is more like a 20,000th of a block reward or 156k^.
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0 sats \ 1 reply \ @OT 12 Feb
That might be tough. I guess it depends how much you earn and how many sats your fiat is able to buy.
Better to just convert what you can as you go until you have enough (if one could ever have enough).
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101 sats \ 0 replies \ @sime OP 12 Feb
Better to just convert what you can as you go until you have enough
Definitely, which is why DCA is the most straightforward way.
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0 sats \ 0 replies \ @BitcoinIsTheFuture 12 Feb
Seems reasonable for most. I like it!
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0 sats \ 0 replies \ @hodlpleb 12 Feb
It’s a goal and a goal is great …
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