Avatar
Lemon Slice
324e26b2e543e52b33340db00b09c373b39d6273771025ff0770718646a56998
Every day your Lemon Slice

npub1etpz935y6t0q79gs3fxs4nmrazmkfa3v4n4rnags4jc0h59j8jzqpnram4 cashuBpGFtdmh0dHBzOi8vbWludC5jb2lub3MuaW9hdWNzYXRhZHBTZW50IHZpYSAweENoYXQuYXSBomFpSABPet8qBDVsYXCBpGFhAWFzeOZbIlAyUEsiLHsibm9uY2UiOiJvdW05cks0bmNWTml1dzVHS2dZcm9nbGlIbGhkV1lxckFzcHZYMkpoTWdNPSIsImRhdGEiOiIwMmNhYzIyMmM2ODRkMmRlMGYxNTEwOGE0ZDBhY2Y2M2U4Yjc2NGY2MmNhY2VhMzlmNTEwYWNiMGZiZDBiMjNjODQiLCJ0YWdzIjpbWyJyZWZ1bmQiLCIwMmIyMmIwNmIwNTFmZDUyMzI5NjZhOTM0NGE2MzRkOTU2YzNkYzMzYTdmNWVjZGNhZDllZDExZGRjNDEyMGE3ZjIiXV19XWFjWCEChzys0aBCiZ7sNyDt9e5hcxNqwEnMiwC3y6H6Y_0SxwBhZKNhZVggYBlcAmPsh489vzRIReD65YEntQgexRnaYXcNYMji_05hc1gg5PMqpnpmdEpIZzPV_BdlZ6NcpPdILlf7nEZRufVG6LphclggGXFhdLlmzVbFzZAoWdc5ITgyp49x0NZf21w3fFeKLHI

npub1etpz935y6t0q79gs3fxs4nmrazmkfa3v4n4rnags4jc0h59j8jzqpnram4 hello

Replying to Avatar 3eppo

DCA Strategy (hourly, daily, weekly)

TL;DR: I asked ChatGPT to crunch some numbers so I don’t have to think too hard about when to buy Bitcoin. Turns out: it kinda matters – but not that much. Weekly DCA is a gamble, daily is chill, hourly is overkill (unless you're into spreadsheets and order spam).

I came across a dataset going back to 2017 with hourly OHLC prices from Binance (UTC-based, it seems). I’m no data analyst (and barely use Python), so I let my friend ChatGPT do most of the heavy lifting while I nodded approvingly.

Curious to see how much of a difference timing actually makes, I ran some comparisons between hourly, daily (at different times), and weekly DCA strategies (on various days and times).

Fees weren’t included – so if you're using a platform that charges per order, hourly DCA might nibble away at your sats faster than you think.

The results?

In the worst case, the deviation between the best and worst strategy is around 4%.

Surprisingly, both the top performer and the worst performer turned out to be weekly strategies.

If you want to reduce that variance, daily DCA seems like a solid middle ground.

Hourly DCA? Only moderately useful. Even if you consistently hit the worst time of day for your daily DCA order, the deviation is still only around 0.3–0.4% (depending on the time range you’re looking at). But hey – that’s just 30 orders a month instead of 720, which might matter if you’re tracking things for tax purposes.

You could turn this into a science project (and add stuff like volatility, Sharpe ratio, etc.) – or just go with your gut and buy whenever your coffee kicks in and Bitcoin crosses your mind.

I did this little experiment back in late December and haven’t touched it since.

If there’s interest, I’m happy to update it – or feel free to fork the repo and tinker away:

https://github.com/3eppo/btc_dca_strategy

#Bitcoin #BTC #DCA #Nostr #BitcoinResearch #Plebchain #Timechain #GrowNostr #Zap #TickTockNextBlock #BitcoinAndChill

nostr:nprofile1qyjhwumn8ghj7cn40faxymm594ex2mrp0yhxyatvd35hx6rzda6kuare9e3k7mgprfmhxue69uhkummnw3ezuum4v3hkxctjd3hhxtnrdaksqgxfax7upvpuyx7nx7sjmn6mgc75nld0azz25y4mj5xpst57fklfhqy6fmt5 1000

https://m.primal.net/Qaji.webp

😇

Replying to Avatar 3eppo

DCA Strategy (hourly, daily, weekly)

TL;DR: I asked ChatGPT to crunch some numbers so I don’t have to think too hard about when to buy Bitcoin. Turns out: it kinda matters – but not that much. Weekly DCA is a gamble, daily is chill, hourly is overkill (unless you're into spreadsheets and order spam).

I came across a dataset going back to 2017 with hourly OHLC prices from Binance (UTC-based, it seems). I’m no data analyst (and barely use Python), so I let my friend ChatGPT do most of the heavy lifting while I nodded approvingly.

Curious to see how much of a difference timing actually makes, I ran some comparisons between hourly, daily (at different times), and weekly DCA strategies (on various days and times).

Fees weren’t included – so if you're using a platform that charges per order, hourly DCA might nibble away at your sats faster than you think.

The results?

In the worst case, the deviation between the best and worst strategy is around 4%.

Surprisingly, both the top performer and the worst performer turned out to be weekly strategies.

If you want to reduce that variance, daily DCA seems like a solid middle ground.

Hourly DCA? Only moderately useful. Even if you consistently hit the worst time of day for your daily DCA order, the deviation is still only around 0.3–0.4% (depending on the time range you’re looking at). But hey – that’s just 30 orders a month instead of 720, which might matter if you’re tracking things for tax purposes.

You could turn this into a science project (and add stuff like volatility, Sharpe ratio, etc.) – or just go with your gut and buy whenever your coffee kicks in and Bitcoin crosses your mind.

I did this little experiment back in late December and haven’t touched it since.

If there’s interest, I’m happy to update it – or feel free to fork the repo and tinker away:

https://github.com/3eppo/btc_dca_strategy

#Bitcoin #BTC #DCA #Nostr #BitcoinResearch #Plebchain #Timechain #GrowNostr #Zap #TickTockNextBlock #BitcoinAndChill

nostr:nprofile1qyjhwumn8ghj7cn40faxymm594ex2mrp0yhxyatvd35hx6rzda6kuare9e3k7mgprfmhxue69uhkummnw3ezuum4v3hkxctjd3hhxtnrdaksqgxfax7upvpuyx7nx7sjmn6mgc75nld0azz25y4mj5xpst57fklfhqy6fmt5 1000

https://m.primal.net/Qaji.webp

😇

Let's try this

nostr:nprofile1qqsvn6daczcrcgdaxdap9h84k33af876l6yy4gfth9gvrqhfund7nwqpy4mhxue69uhkyat60f3x7apdwfjkccte9e382mrvd9ekscn0w4h8g7fwvdhk6qg6waehxw309ahx7um5wgh8xatyda3kzunvdaejucm0d5jux8cv 5000

Quizfrage

Warum brauchten die Spanier (Hernan Cortes) für die Eroberung des Aztekenreiches lediglich zwei Jahre, für das Volk der Apachen jedoch 250 Jahre?

😇