MultiversX Tracker is Live!

Is there a certain formula I can use to DCA into bitcoin?

Bitcoin Reddit

More / Bitcoin Reddit 100 Views

I am trying to have a good method and strategy to invest into bitcoin, it goes something like this

I set a buy limit of bitcoin price of x, to where I will invest 100% or y, of my designated weekly allocation towards bitcoin crypto. If bitcoin drops 2% for example, I will increase my investment to 110% for example. And if it goes up 2% I will drop it to 90%.

Now this is all hypothetical but I was wondering if there is an already established formula or strategy like this out where I can use it to more effectively invest in rather than relying on strictly guessing.

submitted by /u/Big-Cry9898
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments