the mempool acting like a dick got me philosophical about daily DCA strategy

been trying to adhere to an inverse sliding scale daily purchase schedule (@ around 0200 UTC) where 🌽 = amount of πŸ’΅.

⬆️ πŸ“ˆ = 1 x 🌽

(flat) = 2 x 🌽

⬇️ πŸ“‰ = 4 x 🌽

🩸🩸🩸 = 6-10 x 🌽

Anyone else tinkering, or got a favorite strategy?

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Discussion

I’m not smart enough by a half.

Buy every single day. Every day. Bullbitcoin sends each buy directly to cold storage.

Me neither, but I had to lay down some sort of rules because the smash buying was getting out of hand 🀣

I tried it. I would smash during a dip, then two days later it would take a dive. For me, bitcoin is my buy it everday, forget about it investment. I'm sure many people have a different philosophy and make money trading it. I buy it to free up my time and mind to explore other areas.

🀣 been there…shall do it again as falling #Bitcoin is my favorite knife to catch.

Daily/weekly DCA a must

Never to be swing traded imho

I accumulate for the kids and to free myself as well

I also do it for the dopamine. It’s nice to get the confirmation email everyday 🀣. Like a note from my secret lover.

I’ve been doing something similar. When we were around $16k I was DCAing 2-3x what I’m DCAing now.

similar πŸ€™β€¦of course sometimes the spirit just makes me say fuck it and smash buy more than I should 🀣

I’ve had to learn not to do that too frequently. It messes up my DCA strategy πŸ˜…πŸ˜‚

I like to think I’m strategic with it, but really I just look at what I have and the price action and just smash buy what I can lol

Yeah I’d be lying to myself if I said I was strategic at all. In a couple years won’t matter much.

Exactly! I sit there and think for a second will i care 10 years down the line, and the answer is usually no as long as I have some lol. WGMI !

I do a consistent little daily DCA, along with…

- 2x if it goes up (FOMO πŸ˜‚)

- 4x if it goes down (BTFD)

- 10-20x smash buy when I get paid, or if we’re ahead-of-schedule on bills and taxes πŸ€™

- 1x extra as reparations, if I buy something stupid like an overpriced coffee in the city

- a little more whenever a 🐸 friend reminds me to βœ…

I love your reparations one πŸ˜‚

😁🫑

Same frequency lol πŸ€™πŸΌ

note1f8fz0dg4x6pdta2hkf9w3hqzjqukupxap6nwwg5ky4l7mulg5zhsdsjnva

πŸŽ―πŸ’―

yeah…taxes really fucked up my smash buy jam last month 😭

Same dude. What a month lol

This is brilliant btw

πŸ«‚πŸ«‚βš‘οΈπŸ«‘

I have always espoused DCA to all newbies but I am an addicted smash buyer and love it

Dopamine is one helluva chemical πŸ€£πŸ˜‚

Several times I think should I , should I …. Oh sh*t done it again πŸ˜‚

If you smash β‚Ώuy enough, it β‚Ώecomes DCA eventually.

Thank you Doctor πŸ€™

If there’s a button I’m gonna press it.

⚑️⚑️⚑️⚑️⚑️

Forget about timing and buy on schedule

Sage advice and do this…but this was my solution to control the smash buys 🀣

Set your bids at 5% and 10% and 15% and leave it and then DCA on schedule. Readjust your bids every time you bought. No stress no FOMO 😁

I just ape it in at random 🦍

I mean in a few years what’s it gonna matter πŸ˜‚ πŸ€·β€β™‚οΈ

Haha πŸ˜‚ idk πŸ€·β€β™‚οΈ

I’ve been looking for good DCA options in the UK. I usually do a little most days or just ape in when I feel like it . πŸ˜‚

The 🦍 was strong with me these past few months which is why I had to come up with some sort of system 🀣

Absolutely. πŸ˜„ Thanks for the zap. βš‘οΈπŸ™

Everything I can afford when I have it. +$0.50 every hr + $50a week.

Fuck mortgages

Don't telly ma wife