Hey all, I'm trying to come up with a strategy to add some more sats in the 2nd half of the year for the the next bull run. Given I already hold some, I don't want to chase any pump or fomo in. So instead of a traditional time-based DCA strategy, I'm thinking maybe it's a better idea to "ladder-down" limit buy orders based on price (don't know if there's a better name for this). Below is an example. IMO, comparing to DCA, this has at least 2 advantages -
There are also 2 disadvantages -
I wanted to see what do y'all think about this? What am I missing? Any thought, comment, or critic is highly appreciated!! Update: Just checked my Strike app and realized now I can do recurring buy using fund pulling by ach from a bank account, instead of depositing it first! This is very good news and makes time-based a bit more attractive! [link] [comments] |
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