Just to bring this point home, because yesterday on the Bybit livestream some people were shocked when I said "DCA is bad". Yes it is BAD!
Just look at it. At no point does it have more money in the portfolio compared to a good trend following strategy. Also with DCA you can lose all your money when the asset crashes! While the trend strategy sells into USDT (or similar) and then doesn't care anymore where that asset goes to. Protected from LUNA nicely for example (ask if you want to see that chart).
Anyhow. Please people, DCA is not a strategy. It does not have a sell signal even. Take care and find a better strategy. I share enough of those FREE strategies which are all better than DCA.
Michael Automates
Just to bring this point home, because yesterday on the Bybit livestream some people were shocked when I said "DCA is bad". Yes it is BAD!
Just look at it.
At no point does it have more money in the portfolio compared to a good trend following strategy.
Also with DCA you can lose all your money when the asset crashes! While the trend strategy sells into USDT (or similar) and then doesn't care anymore where that asset goes to.
Protected from LUNA nicely for example (ask if you want to see that chart).
Anyhow. Please people, DCA is not a strategy. It does not have a sell signal even. Take care and find a better strategy. I share enough of those FREE strategies which are all better than DCA.
Take care 🙏🏼
11 months ago | [YT] | 12