I noticed alot of people that DCA or “stack” are usually trying to catch a falling knife. You value of your accumulated btc would be good if your constantly buying at ever price point. Your basically just providing liquidity without seeing any results. Buy smarter not harder. Or do some longs and shorts if thats the cash because youll make more $$ trading than stacking like that. Just a word of advice from someone who took half a btc and turned it into 16 by trading instead of just buying.
Discussion
Autocorrect murdered this post.
Let me reiterate. If you buy all over the place from 15k-100k or even 1 mill price point. The reflection of value you see wont really be there. 1 btc=1 brc, yeah sure but that 1 btcs value will only reflect on the $ you spent or put into getting it. Even if btc went to 1 mill thats only like a 30x from here. So the real kicker in BTC is its volatility, you want to take advantage of it. There is enough data to support a lot of speculation on its market cycle. Use that to trade not just find best place for targeted buy. I havent bought btc in the last 4 weeks, nor have i traded it. Me personally im looking for the best time to put in some longs, and then ill begin my short game soon. China enters the market in June so be ready, we lost so much cap value when they began to leave the market and rn its just been mainly US holding up the industry as EU and everyone else figures out what they are doing. My best advice is dont become exit liquidity for china. They will force you high and sell at top then re buy at the bottoms then begin their trading while they forced man to buy high theyll keep it low and use volatility to their advantage much like america has the past few years.
Good advice! I wish more people would take a note of it! 🐶🐾🫡🫂
Everything can alwys be a foundation even if it causes just a quick thought. As a trader its hard giving out pijters because my mind automatically just does everything in my strategies and it almost feels like gut feeling and intuition when i make trades but to sit back and actually try to open more ppls minds to why i do what i do. Its very interesting, i just jumped off the fence and start learning by trial and error alone, didnt scour the internet or social media for tips. I mainyl read but hope to get more traders into the mix. Its a lovely tool to have in the tool box and really helps set a tone for financials. GOOD SPENDING HABITS FIRST PEOPLE!
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I gave up trying to tell ya to type properly.
Otherwise good advice thank ya.