Is there a best time and day to DCA #Bitcoin ? Could you stack more sats by choosing carefully?

With nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en's zero-fee recurring orders, we get these questions sometimes, now we also have answers!

Based on our research, we found that:

1. Historically, the daily high price happened within a 4-hour window 38.5% of the time, and the daily low price happened within that same 4-hour window 39.4% of the time. This pattern has shifted over time and the window has shrunk.

2. There is a one-hour window with over 3 times as many price bottoms than peaks in the past twelve months.

3. Mondays have historically had the highest odds of having the weekly low price relative to the weekly high price falling on this day.

4. The first and second days of each month have historically had the highest odds of having the lowest price relative to the monthly high price happening on those days.

5. Due to the variance of the exact moments when price peaks and bottoms happen, the achievable practical advantage on timing a recurring order is around 1.2%.

You can read more about this in the report here https://blog.river.com/best-time-and-day-to-dca-bitcoin/

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Discussion

Ok but this is what actually happens.

Green circles = purchase price on DCA day

Red Line = cost basis average in dollars

No matter what. Lol

That’s not what the bars refer to, if you look into the report you’ll see they’re for something else 🙂

I know, I read the whole article. It was just me having a little fun. 😅