Is it a good time to start DCA into #Bitcoin ? I would say yes if you don't need to use the money anytime soon.
Using our Max Bottom Identifier (MBI) Model to analyze $BTC Price structure.
Please read all facts so you can come to your own conclusions.
Using our Max Bottom Identifier (MBI) Model to analyze $BTC Price structure.
Please read all facts so you can come to your own conclusions.
Facts:
-Once Trad. Psych. turns orange it takes on average 126 days for price to reach higher levels.
- It is currently orange.
- Also that period is the best time to DCA and relax, instead of timing the exact bottom.
-Once Trad. Psych. turns orange it takes on average 126 days for price to reach higher levels.
- It is currently orange.
- Also that period is the best time to DCA and relax, instead of timing the exact bottom.
A more efficient way:
- Start DCA on orange levels.
- If TP turns red or bloody red increase the daily ammount for DCA, that is a clear sign that bottom is very close.
See this thread for more context.
- Start DCA on orange levels.
- If TP turns red or bloody red increase the daily ammount for DCA, that is a clear sign that bottom is very close.
See this thread for more context.
https://twitter.com/WalterCripto/status/1484608767996174336?s=20
If we start going up only from here, then even better, nothing to lose (if you know how to take profits later).
Remember, $BTC has recovered from every dump and bear market so far, so if you believe in it this is a valid alternative.
Remember, $BTC has recovered from every dump and bear market so far, so if you believe in it this is a valid alternative.
You can combine DCA with a Trend system, meaning that you buy a little every day and when the midterm trend flips bullish again you increase position and start taking profits methodically.
Find more about the trend system here on our free tutorial
patreon.com/posts/trade-sy…
Find more about the trend system here on our free tutorial
patreon.com/posts/trade-sy…
Many ways to make profits and sleep better, specially if you focus on the mid and long timeframe.
Not financial advice.
Not financial advice.
Learn the ways of the trend and join our community:
- Trend System (TS) TV Access and Indicators
- Max Bottom Identifier (MBI) Access and Indicators
- Control Room (Updated Trends of major coins)
- Newsletter
patreon.com/Trendriders
- Trend System (TS) TV Access and Indicators
- Max Bottom Identifier (MBI) Access and Indicators
- Control Room (Updated Trends of major coins)
- Newsletter
patreon.com/Trendriders
#BTC #Ethereum #BitcoinCrash #Bitcoin #cryptocurrency #cryptocrash @TechDev_52 @CryptoKaleo @inmortalcrypto @invest_answers @CryptoMichNL @crypto_birb @CryptoSenorita @ctoLarsson @intocryptoverse @BigCheds @coinmamba
Just to clarify, what i meant with "DCA", it is not timing the bottom, just buying a little bit everyday/week (better if automated)
At the same time I wait for trend to flip bullish again to make a larger investment.
At the same time I wait for trend to flip bullish again to make a larger investment.
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