6 months ago I shared my story of earning my first full BTC. It took over 4 years (Iβm from a relatively poor country). You can read the full post here. Here is what happened since:
The short story is I started to DCA in 2019, and by the 1st peak of 2021 I bought completely into the hype and increased my DCAs way too much.
Lost much of my gains in the bear market making panicky decisions, but at the same time learned to dynamically DCA instead using risk. This helped a ton in saving my cash and capitalize on the 15K-20K bottom in 2022 and I was lucky enough to earn back all of my sats much faster than I would have otherwise. Big shoutout for that one to the gigachad brains behind the aΞpha-squared risk metric.
So where I am 6 months later??
I accumulated 0.101 more BTC in the past six months with the same DCA approach, guessing my average cost price has been about $33.000. The issue now is last time I started to have these good results I got too greedy, but I feel more mentally prepared this time and I will DCA out some using the same approach and metric when the time comes.
I would say the lessons I shared in my last post still is true. I could never have thought my accumulation in 2019 would pay off so well in 2021 (even though I screwed up too). So this is for all of you of are still DCA:ing not knowing what's to come.
All of a sudden, before you know it , it will pay off!
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