The whole point of DCA when scaling into a position that the average buy price will be the price action's harmonic mean (which is less than the arithmetic mean).
When you're scaling out of Crypto X into anything else, of course you do the inverse, which is X-cost averaging.
Hello DUO NINE. Can you pay to you by paypal while login in "Your Crypto Community"?
Great write up. My only nitpick: don't DCA out, BCA out. Sell a fixed amount of BTC (or whichever crypto) every x days.
Thanks! Sounds good to me. Good to scale out towards the end of the year. Always keep a FOMO bag and skin in the game.
The whole point of DCA when scaling into a position that the average buy price will be the price action's harmonic mean (which is less than the arithmetic mean).
When you're scaling out of Crypto X into anything else, of course you do the inverse, which is X-cost averaging.
Big thanks for this article - very helpful 🙏🙂
BTC is the exit plan 😉