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21 sats \ 2 replies \ @chaoticalHeavy 25 Feb \ on: Buying Bitcoin Heavy at the Top and Buying Light at the Bottom bitcoin
I only DCA once per month.
I think I need to change from the 1st of the month to around the 10th of the month.
I think this would insulate my DCA buys from all the other activities that happen around the 1st of the month.
My theory is:
  • lots of buying around the 1st of the month drives the price up temporarily
  • after a few days prices drop due to less demand
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10 sats \ 1 reply \ @SatsMate OP 25 Feb
For times like this though, where we see huge draw backs - do you ever thing it is good to dive in early, or is your structure this consistent? If so - very impressive. I buy spot here and there about a dozen times a week.
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21 sats \ 0 replies \ @chaoticalHeavy 25 Feb
is your structure this consistent?
Yes, it's automated and fairly large.
The timing during the month may not make a difference when large swings are still happening like now.
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