I am looking for the best approach to investing in bitcoin over the next 12 months. I have a target of say Δ bitcoin/satoshi's, but I am unsure of the best way to reach the target. Here are some options I came up with:
a) Basic DCA once per week. Buying the same amount of bitcoin (0.02*Δ) each week over the next 50 weeks.
b) Buying half of my BTC target now (0.5*Δ), and DCA 0.01*Δ bitcoin over the next 50 weeks.
c) Buy nothing, but set limit orders if bitcoin hits certain lower prices, adding larger amounts of fiat at each level.
$25k @ 0.1*Δ | $22.5k @ 0.2*Δ | $20k @ 0.3*Δ | $17.5k 0.4*Δ
d) Buy half of my BTC target now (0.5*Δ), and set limit orders if bitcoin hits certain lower prices.
$25k @ 0.05*Δ | $22.5k @ 0.1*Δ | $20k @ 0.15*Δ | $17.5k 0.2*Δ
[link] [comments]
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