I feel like people always suggest DCAing or Dollar Cost Averaging.
Obviously as with the stock market and with Bitcoin DCAing has been a proven method to accumulate shares or coins overtime with out trying to time the market when buying or selling. But if you kick this up a notch further I think it would be beneficial.
The Fear and Greed index is a perfect time to DCA but bigger. Get a little bit bolder with your weekly buys if it’s fearful. If you believe in the long term buying when everyone is selling is awesome.
A discount even.
You all know the Buffet quote “blah blah blah buy when hoes r mad” and it’s been working out really well for my friends and I. We do buying assets weekly. But now we do try and “time” the market.
And by time I mean just buy bigger depending on the index of fear and greed. The more greed the less you buy. The more fear the more you pick up.
I don’t try and time selling right now it’s about picking up and accumulating. Hopefully in the long future Ill never have to sell and can just borrow against my assets.
May there be fear!
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