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Topic: How to DCA when BTC crashing - page 3. (Read 366 times)

legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
October 28, 2022, 06:46:48 AM
#4
I think that in trading the DCA works in a way like:
* you buy at 20k and set 22k as selling target
* if it falls to 19k then buy more
* if it falls to 18k then buy even more
* if it falls to 17k then buy even more, if you still have funds
* if it grows you sit and wait until the 22k target is met (or, if you've bought at 17k or 15k you can decrease the target too, according to the prices and amounts you've bought at so you get some profit)
I can still consider this as DCA and would be a very good means of investing in bitcoin. In trading, it should not take beyond some weeks before selling. But while investing, it can take some months. Very possible the strategies can be used for both trading or investment, I think duration of time is what that matters to consider it either trading or investment.
legendary
Activity: 3668
Merit: 6382
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October 28, 2022, 06:27:32 AM
#3
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 decrease further, you will still  be able to invest some amount when it's price is low. If you take the average of the weekly invested amount, you may invest at $17000 in average which is better than investing all at $20000.

Well, this was about trading, not investing.
I think that in trading the DCA works in a way like:
* you buy at 20k and set 22k as selling target
* if it falls to 19k then buy more
* if it falls to 18k then buy even more
* if it falls to 17k then buy even more, if you still have funds
* if it grows you sit and wait until the 22k target is met (or, if you've bought at 17k or 15k you can decrease the target too, according to the prices and amounts you've bought at so you get some profit)

I am not sure 100% though if I've got it right.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
October 28, 2022, 06:22:53 AM
#2
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.
member
Activity: 756
Merit: 17
2023 would most likely be as bearish as 2022
October 28, 2022, 06:13:09 AM
#1
Lets be assumed


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