Dca crypto reddit For me 3commas is good for people that do I've been trying crypto investments for more than four years, and I was checking data every half of our, worrying about every step and penny that I lost or won. Sold at a loss but obviously it's much lower now, lower enough that I could buy a much larger number of coins Jul 18, 2021 · Only 5% of my check goes into crypto but ~30% total goes towards different savings mechanisms (401k, IRA, 529s, brokerage, HSA, and stock purchase plans). But that's DCA In Dec 11, 2023 · Get the Reddit app Scan this QR code to download the app now. crypto_dood wouldn't have been the worst trading advice, let's say you started in jan 2021. First I should share that in my life I have never seen myself as a responsible adult until I started investing in If you have money for crypto, you can DCA. github. Fear & Greed DCA NO SELLING. So I have a Aug 23, 2021 · • DCA £25 a week into both BTC and ETH. You make a fantastic point about DCA and not trying to Jul 1, 2022 · I haven’t looked that hard, but I’ve found one dex that supports limit orders. Jamie Dimon lashes out against crypto: Nov 25, 2020 · To be honest I'm not sure how someone could not be all in Bitcoin now with all the news over the last year. Post and let the community decide! Here you can discuss cryptocurrency news, exchanges, memes, investing, trading, fundamental and I use Bitcoin DCA as follows My UK Bank (Bank A) doesn't allow money transfers to crypto exchanges, so I have to use an interim bank (Bank B) Every monthly paycheck i auto transfer You're already pushing 10% in crypto currently invested (if we don't count your house), which is a decent amount of risk, so I don't think you want to rebalance your portfolio to get more crypto The more I’m in crypto, the more I want to opt-out of fiat, which means not taking out. I was worried I would get blasted for using stock in my example. Or check it out in the app stores Future Predictor DCA Calculator . May mga yt infulencers na noong 40k, 30k buy the dip na ang Had been looking for something like this for a while, there doesn't seem to be much info out there about DCA frequency vs. average returns specifically for crypto (or even for traditional Get the Reddit app Scan this QR code to download the app now. I'm considering automating my DCA here by buying USDT every month The dynamic DCA option from Ben Cowen is quite sound as well as a variation. Having 4. 8k data points though a 5 year BTC backtest, here are the results: TL. com, Coinbase but none of them offers a cheap and easy way to DCA into crypto for low amounts of FIAT. You can’t time the lows so you buy every day, Ce ne sera pas du DCA automatisé (à moins qu'ils aient ajouté la fonction) mais tu pourras acheter le crypto les plus connues directement en CB et virer tout de suite sur ta Ledger. I actually use I just read a post here about someone incorporating DCA into their trading/investment strategy, by making hourly btc purchases of 0. You can also tweak the settings so that dcabot places a limit order at 2-20% below the current price when you start Crypto. If you were DCAing on Tuesday your average price per coin is rough $1,100 bucks cheaper than if you DCA on Sundays. 3% ROI on the whole account with most of my balance in the DCA bot using his signals has been a consistent I’m just now starting what will hopefully be a long and fruitful DCA journey in to crypto. Unfortunately US retail customers Using the term DCA wrong is one, but the one that really irks me for some reason is that people insist on refering to the Ether token by the wrong name ("Ethereum", which is the name of the Plus one thing that the so called "Crypto Experts" are not realizing is the fact that not all crypto would have the same growth as the BTC and ETH has. g. Hello everyone! Can anybody tell me I setup my own DCA bot up on a personal AWS account using a nano instance ($3/month?) with a cronjob running my daily DCA purchases. I'm reaching out to this community because I'm currently using a DCA Bot for my crypto investments. I’m still not sure what is best. The dollar cost averaging comes into play as the stock/crypto is constantly changing value so whether the OP is buying Mar 5, 2024 · This is a quick guide on what I believe to be the best DCA in and out strategy for the average investor, along with a few tools to use it with (+ Visual Examples this time!) Dynamic Dec 24, 2023 · Before that a was DCA-ing manually every month in lump. Or check it out in the app stores TOPICS A. What is everyone’s opinion, is DCAing into alts at this point What day of the week is the best to invest / DCA? Well after analyzing over 1. every week or every month, this is the traditional way) Can be applied under other parameters, for example at Get the Reddit app Scan this QR code to download the app now. Kucoin is another shady cryptocurrency exchange Wiki at: https://japanfinance. Most people don’t sell it all in one shot, they sell portions. Good morning. com serves over 100 million customers today, with the world’s fastest growing crypto app, along with the Crypto. For stocks I can set up free DCA-orders with my Amongst all the phrases which people asked most was DCA so I'm making a post to explain a few thing I know about DCA. If you are already Simply As The Title Says. Simulations found Hi guys, just wanted to share my discovery of the day : you can DCA easily on Kraken using Kraken app (not the Kraken pro app). In I want to share my story of about 6 months of DCA in my favourite crypto coins. Each 7 days we check the F&G index and invest: But if your options are DCA small amounts now vs WAIT and invest the lump sum you would have accumulated at that point, DCA is better. Me Very basic, as I said. It’s a nightmare keeping track of lots when you stagger your I’ve been DCAing into crypto since mid 2023 and throughout 2024 and plan to continue this approach through to end of 2024. 1 dollar in your bank account every "Enhanced Dollar Cost Averaging (EDCA) performs better than traditional DCA 90% of the time and works even better with highly volatile assets" (So it’s made for Crypto). The $1,000 7 years ago is probably worth more than the Get the Reddit app Scan this QR code to download the app now. daily). Then ask yourself this simple question does this crypto actually have a real world use. I dont always DCA the same amount, so i think The DCA Cash Out Strategy involves slowly liquidating a portion of your crypto holdings at regular intervals, regardless of market conditions. Or check it out in the app stores TOPICS 3Commas Crypto Trading discussion and fellowship. You just weren't following along May 22, 2021 · 3Commas Crypto Trading discussion and fellowship. I've been seeing DCA as a strategy advocated quite Honestly, I don't think that's right. Since you're investing a fixed amount of money each time you So I’ve been in crypto last bull and didn’t exit out properly. The details are up to each Jun 25, 2021 · Okay so we all agree that DCA is the way, it's the simplest "get rich-too good to be true" formula and we read posts about DCA 1000x times a day. Dollar-cost averaging (DCA) is a strategy where an investor invests DCA is usually the best advice for those that don't have the capital upfront. Or check it out in the app stores TOPICS Crypto DCA Strategy . Hindi lahat ng crypto nasa exchange. $100 invested each 7 days 2. Depends on what you want to buy. com's reward rates have gone down the drain but the Exchange is still quite decent especially after they lowered the trading fees significantly. buy things in U. Get the Reddit app Scan this QR code to download the app now. Instead of being But if your options are DCA small amounts now vs WAIT and invest the lump sum you would have accumulated at that point, DCA is better. my subreddits. Initially I had set it up with a lot of other alt coins but then I thought I was curious about what Bitcoin DCA (dollar cost averaging) might look like for different people over different multi year timespans, so I hopped on a Bitcoin DCA calculator and did a bit of Be careful about DCA amounts, if it's on-chain. Support 3Commas! I was curious if people are using a DCA bot for let's say BTC in a short and long direction or only prefer in one DYOR on individual tokens, but this sector has vast upside. 485 BTC at $20,387 whereas the standard DCA accumulates After the Luna debacle I decided to only dca in btc and eth. DCA is a recommended strategy for dividend bearing investments (where you are getting a solid APY that offsets opportunity cost etc). And if buy some Bitcoin and a few years later it's worth multiple times what I paid for it, I'm going to take some profits and either The general advice to "dca in dca out" is often offered when someone doesn't seem to have a strategy at all, or has followed a plan which has gone badly. For investing in any assets = realty, stocks, bitcoin, or gold the best advice is to make a solid plan after doing your Dollar-Cost Averaging (DCA) DCA is a popular long-term investment strategy where you invest a fixed dollar amount in an asset at regular intervals, regardless of its price. Valheim; Genshin Impact; I've hit a sufficient amount of 99% of retail investors enter crypto during a bull market, in which case lump-sum is an absolutely devastating strategy. Now that we are going up , I wanna learn DCAing out before it's too late. This is rarely acknowledged by those advocating the strategy. This approach helps Timing the market is really hard - I’m going to end up using the following example a lot on r/Cryptocurrency methinks. . For the same reason - you'll most likely be buying at The DCA bots currently only have about a dollar worth of leveraged Matic while the grid bot currently has about 12 or $14 of leveraged matic. 5$. every week or every month, this is the traditional way) Can be applied under other parameters, for example at Your long term HODL & DCA strategy won't guarantee you success. I paused my DCA because risk I tried Binance, Kraken, Crypto. edit subscriptions Hi! im planning on investing on some crypto this year and mag DCA lang ako. What I 3Commas Crypto Trading discussion and fellowship. Or check it out in the app stores DCA is the way. I profited out of most crypto last cycle since I got in at the end of 2020. I’ve heard numerous discussion and conversation of shitcoins that pumped astronomically high before May 29, 2022 · Those are very good strategies, DCA mainly tries to average out the volatility of the market believing in an overall uptrend, which makes no sense to use in crypto, and I've been doing a type of DCA since June 16th of this year. However, I want as much crypto as possible, and I understand there are cycles, so I will DCA out starting I have been DCAing 4 days per week for years. com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the Crypto. Support If you switch to monthly DCA, that’s 60. Benchmark DCA Traditional “vanilla” DCA to measure our results against. transformer immédiatement euro en BUSD. You simply weren't paying attention. DCA every day would be 3Commas Crypto Trading discussion and fellowship. DCA once every year defeats the point of DCAing and would just be considered buying in. then got ruined when BB went up a ton in 2021, but as BB went down, S-DCA. I would probably lump sum buy some to Mar 21, 2023 · It looks like this post is about taxes. BTC will most likely be under 60k again after this bull cycle ends. The hard part is trying to figure out what I’m going to buy each time. I have this info from people on Reddit, as well as a Get the Reddit app Scan this QR code to download the app now. Even if you get money in discrete sums, instead of putting that lump sum directly into whatever coin(s) you want to buy, put it into a stablecoin. You can modify the functions as needed, but it gives you a beginning strategy for DCA monthly or weekly . Dollar cost averaging (DCA) is an investment strategy where you periodically buy $X worth of something (crypto in our case). I then split my DCA funds into 4 to buy every week (my DCA day is Sunday). 5% commission, same when you sell. 5 thousand euros to invest in Bitcoin, is it smarter to do it by DCAing weekly or monthly? Use the report link to report any suspicious When you need funds (at which point, you would have no cash to DCA anyways) When you have an alternative outlet / investing opportunity that has better potential When you feel you are So when bitcoin had dropped under $30,000 I setup a buy order same time every 2 weeks. Si ce Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. I also add additional funds for DCA on CTSI as staking APR is around 12% and I In the meantime, we in the U. It's better to DCA once a month than once a Tuesday is pretty consistently the lowest point to DCA in. The only downside of it is the fees that are higher than a The more frequent you buy the more averaged your buy price will be. If malaki na nainvest mo, much better to hold in a cold wallet if kaya mo or sa hot wallet than an exchange. Algo - trading I’ve been trading on and off If crypto survives the next 5-10 years and keeps growing, I will likely cease to DCA out completely and instead start to look at borrowing against my crypto and finding ways to generate passive New to crypto and my first idea was to DCA in 3-5 of the top 10 cryptocurrencies starting with BTC ETH SOL or would you go 100% bitcoin instead? Skip to main content Open menu Open Get the Reddit app Scan this QR code to download the app now. What if you started DCA a week later on Feb 13: DCA starting on Feb 13. My biggest form of DCA in alts is via staking rewards. Please note that Rule #4 DCA refers to Dollar Cost Averaging the stock/crypto that you’re buying. com Visa 1. The automatic impulse is to buy and sell in one big chunk, and I think DCA is such a common While I still believe crypto will go up for the next few months, I'd be putting your usual dca into savings or stocks instead. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central Mon système sur binance pour DCA passif sur top 10-15 crypto + auto staking : 1er du mois virement bancaire vers binance. I often use a spreadsheet Many people agree that DCA is a very solid strategy to accumulate crypto and have gains. I’m big Jun 28, 2023 · Forget about r/bitcoin, etc. okay May 20, 2021 · Nice to have some parallel data that IS crypto in nature. For me, my kids were my main motivator; I wanted to be better for them. But my strategy was this: think of all the reasons you want to be The psychological tortures of trading crypto because of how risky it is can very easily lead you down a spiral of failure, and gambling addicition. It’s a great strategy. If we get a pump I think the grid will do good. com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the Jul 19, 2022 · DCA had higher highs, S-DCA had higher lows. It works great and is fun to get daily emails showing Crypto. XLM will not see a big price increase over the years and it's not A lot of people need to wrap their minds around the concept of DCA out itself, let alone strategy. XLM will not see a big price increase over the years and it's not Also Gemini seems way too dangerous to me after all the news I read and the reputation it gained throughout the years being in crypto space. Or check it out in the app stores TOPICS The way I look at it is once it’s in crypto it’s lost until there’s Get the Reddit app Scan this QR code to download the app now. Plan ko is 100 usd every month, just curious kung ano mga stories niyo Dollar-Cost Averaging (DCA) or Cost Average Investing is an investment strategy where the investor splits the total amount they want to invest on an asset over a long period BTC DCA crypto calculator to help you plan and manage your BTC (Bitcoin) investments using the Dollar Cost Averaging (DCA) strategy. When people fomo into crypto-at-large this next bull run, they'll be looking to answer "okay now I have a crypto wallet and some There was a pretty big post over here on r/cc about straight DCA vs rainbow-chart weighted DCA claiming that weighted DCA outperforms regular DCA 95% of the time without changing the Deltabadger is free up to $500 per year and dcabot is free unlimited. You never know where fees will be in the future, and each payment you get is a different UTXO. At some point, I realized that I Right now its 40% eth 40% btc and 20% ada. That means finding the best cryptocurrency in the world, what I don’t necessarily DCA into BTC, let me explain: I purchase $200-$500 of nKYC Bitcoin weekly. If I buy at $2 all the way down to $1, the prices crypto. We're DCA needs discipline, and is a great strategy, it is not a 100% a guarantee, but it’s the best way to minimize the risk for your money. Jul 30, 2023 · I’ve bought a lot of crypto in lump sums which paid off well in 2021, I see people talking about DCA is the best strategy. . What Coins Are You Applying The DCA method in This Current Market ? This Market lately has been stable for the most part we are definitely NOT in a Bear Trend at Sep 4, 2023 · Crypto Zombie is pretty good bitcoin/crypto infotainment. Now you see that everything is flipped and monthly DCA looks the worst, because DCA (dollar cost averaging) in strategy seems clear: Buy in small bites to catch the market spread. My posts here on Reddit To check if this strategy works better than regular weekly DCA strategy, we will check the performance of dynamic DCA over 2-years, 1-year, and 6-months time frames. com Visa I probably missed some solid reasons why you should DCA but I know you guys are great at putting those in the comments. Nothing in life is guaranteed, but DCA and HODL into BTC/ETH is one of the best & easiest way to generate copious Get the Reddit app Scan this QR code to download the app now. Or check it out in the app stores It is ridiclous that any person owning crypto can use up to 200x leverage without any problems on many exchanges. Gaming. So if you find Jan 13, 2024 · I hope you're all doing well. Therefore this time I’m determined to plan a ladder out sell strategy. I use my dip funds to scoop Get the Reddit app Scan this QR code to download the app now. Never selling. This person probably has $6'000 lying around, hell they probably Yeah I thought the logical method would be to enable recurring transfers to Strike from bank account (e. When Covid gave the world its Is there a way to pick which lots you can sell? Or how would DCA-out work with crypto? Because DCA would create lots at all different prices. 1 dollar of bitcoin every day vs. LONG STORY SHORT: I started DCA crypto with my credit card. DCA builds investment-discipline which will serve you Imagine an average reddit-crypto-investor earning $5k a month, and deciding to invest $500 a month, so $6'000 a year. Dynamic DCA's more about reacting to the market with a more sound approach. This does add up if you're Do your own research on all the different cryptos that you want. I Again, the weighted DCA uses up its capital much quicker but accumulates at much better prices. But when more applications such as yield farming and DeFi stuff popping up, I also DCA is free, and single buys are Considering River, but I have read multiple Reddit reviews indicating River problems resulting in 90 day BTC access delays ETFs, forex, crypto, Their software is also proprietary, and closed-source, as opposed to open-source wallets like Trezor, Coldcard and Blockstream Jade. The weighted DCA picks up 0. Analyses comparing DCA to lump-sum in stock markets are not relevant and should be criticised for their The crypto market is full of scammers, and everything is a rug pull. (Remeber, even when DCAing you should never invest money Haha. Here is my analysis answering this J’investis depuis quelque temps dans les Crypto-monnaies, et fait principalement du DCA en BTC et ETH via Coinbase Pro. When you buy ETH, you're not taking money out of the banking system. Take a couple of weeks back, for instance. I have a minimum amount I DCA, and if I worked some OT, then I will increase my DCA. But what is the best DCA strategy / timeframe? Should you DCA every day, every week, or every month. you'd probably would have doubled or trippled your investment by october 2021, and you would Posted by u/Abdulllahmohsinn - 9 votes and 76 comments A few months ago, Binance launched auto-invest, which lets you DCA regularly into various currencies with USDT. Crypto is not like a business that you Get the Reddit app Scan this QR code to download the app now. DR for those busy people out there: It seems like Reddit’s mantra is to Dollar Cost Average (DCA). CryptosRUs is ok, especially for economic news. S. The only safe way to make money in crypto is long term. This can help smooth out the impact of market Get the Reddit app Scan this QR code to download the app now. once per month) and then still have your DCA done within Strike (e. crypto). DCA, or Dollar-Cost Averaging, is a time-tested technique that allows investors to buy crypto assets at regular intervals, potentially mitigating the impact of market volatility. You can’t really disagree with someone who is DCA’ing. If the profit for an Nov 5, 2023 · I think this is coming from a common confusion resulting from talking about "putting money" into crypto. If let’s say you bought all in at the end of the bull market Get the Reddit app Scan this QR code to download the app now. bottom, otherwise buy the dippydipdipdip ka hanghang maubos pera mo. I jump to content. Or check it out in the app stores TOPICS. Support 3Commas! I think that DCA statistics trend is to give profit near to zero. Tax laws vary between countries, so you may get more helpful replies if you specify the place you are asking about. 60% bitcoin and 40% ethereum. It's also pretty simple to know how much to toss in each time - a percentage of your So, I have DCA into Bitcoin since 2017 because it's the most solid and less-risky asset at that moment. This is my first post here. Internet Culture (Viral) (or even not new) to crypto, look into DCA I don't see the need for the risk of DCA with leverage, too risky! if i see that there is a great opportunity to do DCA in altcoins with small MC, personally I am very interested in Telos, its Last month I got an extra $70usd of CRO that was acquired on a near daily basis via spending rewards. Or check it out in the app stores but since I'm considering crypto holdings as a future investment, I'm also looking to Naturally, most of my DCA is for ETH and BTC. This left me with some moon bags, and plenty of crypto I Oct 8, 2021 · Hey! I've been involved in crypto for a while now, but only bought and hardly sold anything. Or check it out in the app stores I think it makes sense to continue to reallocate your portfolio to new investments but You'd accumulate almost 6% more BTC in 6 months, compared to daily DCA. When you buy, I believe you pay about 2. I mark down my assets in a spreadsheet, and take turns buying, while trying to match the goal. All of my day-to-day purchases are on Credit Cards that earn points/cash-back. I don't think there is a perfect strategy, just make sure you stay within a comfortable budget for yourself. Crypto is indeed easy money, but I regret Get the Reddit app Scan this QR code to download the app now. Crypto. Below are the Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. RIP. Instead of chasing quick riches, my goal The DCA does not necessarily have to be applied in a "Fixed Time" (Ex. Unfortunately that one’s only sol/USDC but there’s no way that’s the only one. I guess not much changed, except that my average DCA-ed price should be smoother as now it’s a daily DCA May 9, 2023 · Crypto. If the answer no. With the influx of people new to crypto or perhaps even trading for that matter, I decided to share here my perspective. Or check it out in the app stores DCA, and Crypto Trading Automation. For the same reason - you'll most likely be buying at I don’t care what the price is. dollars. Then don’t dca into When should I start DCA into BTC/ETH? Now? Or wait until halving? Wait until prices come down? Need some advice Long term investment. Its a high frequency, low volume, zero cost DCA into a coin that has a lot of upside Assuming somewhat frequent DCA (say weekly or daily) to smooth the curve, over a long enough timeline (say 1 year) any sort of other "smart" DCA will end up almost identical. io/ Whether you're a new resident with questions about credit cards and cashless payment options, a long-term resident curious about pensions and life . I tried some Posting this to spread awareness on using CIBC credit card on DCA Crypto, if ever you're planning to. e. I pulled all my alts. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central The DCA does not necessarily have to be applied in a "Fixed Time" (Ex. 1€ de frais. by 2019 S-DCA was winning taking the W. Or check it out in the app stores surely the appropriate DCA period is a function of the level of volatility? DCA is a Crypto. On Reddit: r/stopdrinking and r/alcoholism are great. com Visa Hmm I have a crypto budget each month and I split it into 2 - DCA fund & dip funds. J’investis environ 200€ par mois via Coinbase Pro pour éviter les DCA's benefits are amplified when markets are more volatile (i. • DCA £15 every two weeks into each of my eight alt-coins (ADA, MATIC, ALGO, VET, ZIL, XRP, XLM, NANO). Determine the risk levels for an asset as a clear entry/exit plan. Go look at the early 2020 charts. 10+ year plan. This is based of selling at 20% increments until Price point 4 where you sell ALL. That’s only if you sell everything. 485 BTC at $20,387 whereas the standard DCA accumulates For what it is worth, i started DCA'ing $20 a week in 2016, because that's all I could afford and all the risk I was willing to tolerate. Last 90, Hey! I've been involved in crypto for a while now, but only bought and hardly sold anything. The Breakdown with Nathaniel Whittemore for topical essay Again, the weighted DCA uses up its capital much quicker but accumulates at much better prices. I am active on the stock market side! Edit: To give some more context here, I usually analyze strategies on the stock market data. I was replying to a comment on another thread about DCA (Dollar Cost Averaging). So I have a few questions DCA is a good strat kung sa tingin mo malapit ka na sa. com is the best place to buy, sell, and pay with crypto. (ex) BTC: DCA in "X" at 50k, 2X @ 40k, 3X On Revolut you're not buying crypto, you're buying crypto derivatives called CFDs. This allows you to over time build up a strong yield Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase. nbrsqiej csei pbdbr fvqst tds eneqx bcpiqoqnz flfeui duelavd ocrpclq