How to DCA when BTC crashing | Bitcointalksearch.org

michellee

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Quote from: udayantha11 on October 28, 2022, 05:13:09 AM

Lets be assumed

BTC Crashing 20000$ and 15000$ maximum . From 20000$ how to DCA?

You can divide your money into several parts and start buying when the decline occurs. You also need to create a target price for buying and if you can, you can directly use a buy order so that your order can be filled immediately when the price drops. From $20k to $17k today and even $16k yesterday, you already earn 4 shares of BTC if you buy on every drop. And if you still have money, you can wait for the price to drop again. But don't buy immediately because you panic because it could be a trap created by people who have a lot of money to shake market conditions to make it worse.

bhooscream

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Quote from: udayantha11 on October 28, 2022, 05:13:09 AM

BTC Crashing 20000$ and 15000$ maximum . From 20000$ how to DCA?

DCA, in my opinion, is one of the effective ways for me to invest in Bitcoin. Let's say that we are expecting the price to end at $15k, but we will not only put the rate at $15k. I can simply make some rate positions likely at $18k, $17.5k, $17k, $16.5k, and others. There may not be a big difference, but we must also keep watching the movement of the market. Because we don't know that sometimes the price can jump up significantly only in some hours or can drop drastcially very quickly. Here, analyzing and watching the market situation is very imortant moroever if we are doing DCA

blockman

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Just purchase whenever you feel that you want to do it and this time, it's not going to be a waste of time and opportunity because the prices have become low.
Before the price of bitcoin recovers, you should be prepared for the usual thing that it gives us and that's the volatility which is normal from day to day that we look at it.
If you're having hard time looking at it and you want to DCA then don't ask yourself how but start doing it because everyone has an idea on how to do it.

Lanatsa

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Quote from: el kaka22 on November 10, 2022, 11:49:51 AM

I think the drop doesn't matter at this short period, it is only about when we will go back to bull and that’s it. Obviously, people think that bull run will not start today or tomorrow, but they do not realize that it will start some day and that means we are going to just end up with a good profit eventually. That’s why the current drop doesn't matter, since you will be able to profit from it eventually one way or another.

I personally do not believe that it will be doing badly, and at the same time it’s not going to be a long term problem and it will be fixed as soon as the bull run starts and that will be the key to our success long term, so who cares if it goes down in the short term, I don't care.

People should be minding about there are indeed scenarios or situations which could really be considered as a sale but eventually people do ends up on panicking this is why they do really miss out this kind of

opportunity on making profits.DCA is something that a common strategy but not all does have the money on doing so this is why they are really waiting for possible bottom.Did people do able to get in with that

$15k price possible bottom? For sure there are ones who do able to get in but only a few.No one had anticipated that drop and this is why its really that recommended on
doing DCA when you do have the funds on using on.

el kaka22

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I think the drop doesn't matter at this short period, it is only about when we will go back to bull and that’s it. Obviously, people think that bull run will not start today or tomorrow, but they do not realize that it will start some day and that means we are going to just end up with a good profit eventually. That’s why the current drop doesn't matter, since you will be able to profit from it eventually one way or another.

I personally do not believe that it will be doing badly, and at the same time it’s not going to be a long term problem and it will be fixed as soon as the bull run starts and that will be the key to our success long term, so who cares if it goes down in the short term, I don't care.

Mahanton

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Quote from: ethereumhunter on November 06, 2022, 01:46:48 AM

I suggest you to buy at every drop and for when you buy it, it depends on your readiness to determine the right buying price for you. Maybe you can buy when the price drops to $20k, $18k, or even go all-in at $15k but you shouldn't go all-in because that would be risky, especially if the price still drops even lower. In addition, you also have to set the amount of money you use every time you buy because it will affect the next purchase. Perhaps you can provide an example that you would like to use so that we can offer other suggestions.

Specially on this moment where the price had plummet back again on $18k which is something that we cant really see that often but pretty sure that people would be having doubts considering that they've been thinking about those rumors or talking around about 10-13k price point which the market could possibly dropped on Bitcoin.Its true that this is something that cant really be avoided for you to think about probabilities.
Now is the time on making up some DCA specially to those who had bought or entered on 21k as far as i remember as the price starts to dump down then it wont really be that a bad
idea on making out some average down decisions specially as of this time where there's a potential that the market might go down even more.

ethereumhunter

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I suggest you to buy at every drop and for when you buy it, it depends on your readiness to determine the right buying price for you. Maybe you can buy when the price drops to $20k, $18k, or even go all-in at $15k but you shouldn't go all-in because that would be risky, especially if the price still drops even lower. In addition, you also have to set the amount of money you use every time you buy because it will affect the next purchase. Perhaps you can provide an example that you would like to use so that we can offer other suggestions.

Wexnident

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Price increase/decrease shouldn't matter much when you're doing DCA, it may be a factor for your entry but after that, it shouldn't matter much. There's also the factor that you look at it generally in the long term, which could span from half a year to over a year at minimum really. It wouldn't be a disadvantage to investing at a higher price range since you're not investing everything you can lose, you're spreading the investment across your entire investment duration so losses would be minimized as well imo.

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Quote from: jaberwock on November 03, 2022, 03:30:21 PM

Quote from: Silberman on November 03, 2022, 01:26:19 AM

DCA is a strategy that is so simple that you do not need to be a professional trader to execute it correctly, as long as you can save some money each week or month, you are capable of buying bitcoin at regular intervals and you can hold your coins then you have what it is necessary to do DCA, it is just that it takes some time for this strategy to bring profits and if you begin to do DCA when the market goes down then you will accumulate several losses, making very difficult to hold your coins.

That is literally the reason why I am using it. I tried to be a professional trader way back in the day, this was more like 2016 or 17 I think and I was getting coaching and studying and reading, and basically all the right things to do and meanwhile there were some bitcoins saved aside. Even though I got better, the coin that stayed there went up higher than the trading profits that I made.

It was the famous 2017 bull run of course but the idea that when I do not touch it at all the price went up higher did made me a bit laugh out loud because I worked harder on the trading part, and I did not make that much profit. Which was the reason why I went with DCA and long term holding instead.

And this is very common, even the traders which can obtain profits rarely beat the markets, I remember reading about this and less than 5% of traders could do this, and as you may guess almost no one could do it consistently, so the strategy of just buying the asset you like whenever you could is not only easier but it is also more profitable, generates less fees and taxes as well, this may seem odd especially to newbies but the evidence is there for anyone to see.

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Quote from: Charles-Tim on October 28, 2022, 05:22:53 AM

Assuming you want to invest $1000, you can start investing $50 every week. That is the meaning of DCA. As you are investing $50 as bitcoin price decreases further, you will still be able to invest some amount when its price is low. If you take the average of the weekly invested amount, you could have invested at $17000 in average which is better than investing all at $20000.

Obviously, it’s the best time to do DCA when btc is crashing as you will always target to buy in every price drop for bitcoin. Most particularly if you are tight in your budget and still you want to invest, then do DCA so you can still maximize accumulation of bitcoin in every price drop opportunity. Much better if bitcoin price continue to drop, then it will always mark as the best entry in the market.

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Quote from: Silberman on November 03, 2022, 01:26:19 AM

Quote from: alik111 on October 30, 2022, 09:31:42 AM

DCA means Dollar Cost Avarege which should be done by a pro trader. If you want to do DCA at the range of 20000 k you should buy a little in this price and if it dumps you should buy more. If it dumps more you need to buy again and much more. That's the theme of doing DCA.

DCA is a strategy that is so simple that you do not need to be a professional trader to execute it correctly, as long as you can save some money each week or month, you are capable of buying bitcoin at regular intervals and you can hold your coins then you have what it is necessary to do DCA, it is just that it takes some time for this strategy to bring profits and if you begin to do DCA when the market goes down then you will accumulate several losses, making very difficult to hold your coins.

That is literally the reason why I am using it. I tried to be a professional trader way back in the day, this was more like 2016 or 17 I think and I was getting coaching and studying and reading, and basically all the right things to do and meanwhile there were some bitcoins saved aside. Even though I got better, the coin that stayed there went up higher than the trading profits that I made.

It was the famous 2017 bull run of course but the idea that when I do not touch it at all the price went up higher did made me a bit laugh out loud because I worked harder on the trading part, and I did not make that much profit. Which was the reason why I went with DCA and long term holding instead.

Learnoverse

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yo man, Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security.
So I guess you can do it well

Silberman

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Quote from: alik111 on October 30, 2022, 09:31:42 AM

DCA means Dollar Cost Avarege which should be done by a pro trader. If you want to do DCA at the range of 20000 k you should buy a little in this price and if it dumps you should buy more. If it dumps more you need to buy again and much more. That's the theme of doing DCA.

DCA is a strategy that is so simple that you do not need to be a professional trader to execute it correctly, as long as you can save some money each week or month, you are capable of buying bitcoin at regular intervals and you can hold your coins then you have what it is necessary to do DCA, it is just that it takes some time for this strategy to bring profits and if you begin to do DCA when the market goes down then you will accumulate several losses, making very difficult to hold your coins.

GeorgeJohn

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Actually in trading investment of cryptocurrency, the target of an investor is to buy exactly at low price and sell at higher price because of it's target, actually someone who purchase at low price is expected to sell Bitcoin at higher, so the illustrations you gave op, the crashing or losing of any coin from any investor will be determined by its target or what it's the investor's objectives before sells

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Quote from: justdimin on October 30, 2022, 04:23:20 PM

Quote from: teosanru on October 28, 2022, 01:19:55 PM

Quote from: udayantha11 on October 28, 2022, 05:13:09 AM

Lets be assumed

BTC Crashing 20000$ and 15000$ maximum . From 20000$ how to DCA?

I think at 19k you can put 50% of your remaining capital into the market. And the remaining 50% you should put in the market at around 15k. Market might go even below this point but honestly that would be very temporary and has a very slim chance that would happen. Investing in these two chunks itself would be enough and will give you a dca of around 17k which is good enough in my opinion.

I think 50% on the first drop level is too huge but why not put 10% or 5% instead? So that you still have something with you when the price falls to $18k, $17k and so on. Market might go down below $15k but we don't care about it anymore because our last set price for DCA is only $15k but if you are sure that more drops will occur after this then you better lower your limits.

I know the chance for the price to drop more will get lower and lower but it's not really a big deal since we already bought something before. Waiting for a really low price isn't only advisable for those who are buying at large quantities or to those who don't do a DCA strategy.

Percentage allocation on every drop on every increment would be totally be depending on someones preference or on how much percentage he could risk out whether it would 50% or much lesser but its true that you

should allocate on smaller percentage so that you do still have money left when the price dips even down more further but since its your money then it would really be your right and preference on how big you would

be allocating on every price drops you've been encountering.People do say about commonly about DCA but not all would really be that confident enough on doing so.
You would be always thinking that the price might drop down even more which this is where we do really end up on waiting on something which isnt assure for it to happen.

justdimin

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Quote from: teosanru on October 28, 2022, 01:19:55 PM

Quote from: udayantha11 on October 28, 2022, 05:13:09 AM

Lets be assumed

BTC Crashing 20000$ and 15000$ maximum . From 20000$ how to DCA?

I think at 19k you can put 50% of your remaining capital into the market. And the remaining 50% you should put in the market at around 15k. Market might go even below this point but honestly that would be very temporary and has a very slim chance that would happen. Investing in these two chunks itself would be enough and will give you a dca of around 17k which is good enough in my opinion.

I think 50% on the first drop level is too huge but why not put 10% or 5% instead? So that you still have something with you when the price falls to $18k, $17k and so on. Market might go down below $15k but we don't care about it anymore because our last set price for DCA is only $15k but if you are sure that more drops will occur after this then you better lower your limits.

I know the chance for the price to drop more will get lower and lower but it's not really a big deal since we already bought something before. Waiting for a really low price isn't only advisable for those who are buying at large quantities or to those who don't do a DCA strategy.

deathcode

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The most important thing is that before starting the DCA strategy, you should understand exactly what and how the DCA strategy is.
I think DCA is a strategy that is suitable to be applied for the long term and has the potential to generate higher asset values by reducing existing risks.
This strategy may also be suitable for people who are not used to it or do not have time to constantly monitor price movements.
DCA in general is like saving regularly and periodically with a nominal that you have determined.
Buy crypto assets little by little, with the same amount each period, regularly and within a certain period of time, for example one year.
Try several platforms that support the DCA strategy. This strategy does not guarantee you will be successful like a lump sum investment.

alik111

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DCA means Dollar Cost Avarege which should be done by a pro trader. If you want to do DCA at the range of 20000 k you should buy a little in this price and if it dumps you should buy more. If it dumps more you need to buy again and much more. That's the theme of doing DCA.

cheezcarls

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I don’t usually DCA when the price is way above my target buying zone. I usually buy somewhere between the price of $18k to $20k every month with my extra “not beer” money. For now, I am aiming for long term of accumulating more BTC while things are getting quiet for a while like the bear market. I’m actually preparing for the halving event, but of course I’ve got to prepare for unexpected circumstances later on.

palle11

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Quote from: Despairo on October 29, 2022, 09:37:47 PM

Start from now! just set a plan when you want to buy Bitcoin regularly, it could be everyday, every week, every biweekly, every month etc. The key of DCA is being consistent and don't being obsessed with the price, just stick to the time, not the price. If you're looking to buy Bitcoin at the lowest, you might lose the moment since you're keep waiting and waiting only. But if you buy the coins even though it's not the lowest, you could actually bought at the lowest.

In DCA price is important but not time. If you looking at the time only you will miss DCA intent. If you looking at time only you may buy at very high price. I think using price is good for DCA. You need to set a price range that you want to invest in and with that price the time may not be appropriate for it. Accumulation in lowest price is profiting but targeting with time you can buy in high price which is not profitable. Time is not the right investment for DCA strategy but price. So you can set your buy order lower most times although it can be higher price but not regarding to time.

Topic: How to DCA when BTC crashing (Read 409 times)