So what will you BCA into?
This chart appears to show diminishing returns, leading many to believe this cycle will see lower returns than 2021. It is my strong belief that this cycle will be much closer to 2017 than most realize. You are not ready for the next 9 months, you're also not ready for the following historic bear market that will see prices return to current values by Jan 2027.
The value per coin will rise to 3 - 6 times it's average mining cost before crashing 80%+, as it has done every cycle. Currently, the mining cost and the market price are nearly the same. I believe mining cost will rise to $150k - $200k while the market price will rise from $500k - $1000k over the next 6 - 10 months when peak FOMO is seen. I will personally start BCA some of my stack once we hit 3x the average mining cost, in preparation for the crash.
Don't day trade, you want more Bitcoin not more dollars. DCA when the price is around or below the cost to mine (majority of the time), but BCA when the price is significantly inflated compared to production cost which only really happens every 4th year since Bitcoin was created.
https://en.macromicro.me/charts/29435/bitcoin-production-total-cost
nostr:note1cgmd29v2l0c6tfm69lfwqxc7ur5kmclse9qgdtsaqqac5f05krcqsq9rt4
Discussion
That's the hard part. Deciding the safest place to store value temporarily. There's nothing anywhere near as good as Bitcoin long term, especially from a morality standpoint.
Holding dollars fuels wars and censorship thanks to the 7% a year debasement.
Holding traditional company stocks exposes funds to high counterparty risks while also fueling the growth of monopolies.
Buying property isn't really viable as you'd be gambling on your ability to resell with precision. Plus environmental risks as were reminded of with the recent destruction of properties from the California fires.
Buying Gold raises the question of how and where will you store it without significant counterparty risk, or risk of theft.
Buying Tether and USDC means their issuers allegedly use the money to buy bonds and Bitcoin and other assets.
There is no second best. Which is why only a fool would BCA their entire stack and risk losing everything, or put the value they do exchange all into a single place. Ultimately, it comes down to the morality and trust in the counterparties chosen to temporarily hold the funds when they're not in Bitcoin self custody.
Perhaps I'll just hold dollars on Bitcoin only exchanges like River or Strike for ease of re-entry into Bitcoin when the time is right.
Though I'm looking for better ideas.