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What does your crypto DCA strategy look Iike nowadays?
Personally, I a set baseline amount that I buy each week. I buy this amount every week as long as the risk metric is between 0.5 and 0.4, I buy double this amount if the risk metric is between 0.4 and 0.3, triple the amount if risk is 0.3 and lower.
For example, say my baseline amount is $500.
Here is what I would buy each week:
0.7 - sells
0.6 - no buys
0.4-0.5 - $500
0.3-0.4 - $1000
less than 0.3 - $1500
Curious to see what everyone else is doing these days.
Can you elaborate on what you mean by measuring risk metric? I actively rotated into $BTC.X buys away from stocks for my DCA'ing in November and been buying down the slide entire time, which has been less of a falling knife than some of the high flying growth names I've held, so am pleased with the decision thus far. I did the same in March 2020 when no asset class felt safe, and it paid handsomely. Patience with equity buys has proven to be effective when they're getting taken to the woodshed. I'll wait until I'm more confident in a base and not try to rush rotating back into equity adds.