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I allocate 35% for this and i choose 3 decent altcoins.
Sol,xlm,eth.
Then i wait crash days and i divide my 35% of my budget 1000$ for this  so 350$ i'll distribute equally with 3 coins.
And then i'll keep doing DCA buying every day 10$-20$ for each coin.
When one of them might go up too much i'll sell off course to take out profit If they all go up too much i'll sell off course to take profit and continue the process i'll wait dip If no dip coming i take my total amount again wich might be little over 1000$ after selling with profit on second time and put exacly 35% in 3 coins again and rest of the funds i have enough cash reservers either USDT or USDC to keep doing DCA buying.
Off course If i keep buying DCA and i run out of cash reserves then i just sell one of the coins fully of all 3 and i'll allocate this funds for buying the next 2 coins with DCA until I see the market goes up and i sell with profit.
By the time by doing this and when bull market start i'll be in profit after one year 5x-10x possible.

I think it's bulletproof way to making gains over the few months.

I think that's a fair approach and that's very kind of you that you shared your method of trading because most of the people don't share their techniques if they're having profits in it.

They think that if I will share the technique then everyone will get benefit and my uniqueness and profitability will be affected but it's not the case. If you'll share it might be possible that someone will point out something in it that might make it a little better.

I have not seen anyone try DCA with altcoins, and I do not know whether it was a successful strategy or not.
1000 dollars is a good amount for a beginner. If you could do DCA with Bitcoin, it would be better. Stellar has not reacted well in the past years, so what is the reason for you to invest in it?

DCA with altcoins is very risky even they are top altcoins because top altcoins can be dead too.

Don't buy altcoins because they are top altcoins (https://bitcointalk.org/index.php?topic=5430698.0)

DCA is best for Bitcoin in cryptocurrency market and I think it is good for Ethereum, the second biggest cryptocurrency too. With SOL, XLM, risk is high even with DCA strategy.

As Husires already suggested, for every newbie, it is more important that they start with bitcoin for many reasons made convenient for them to avoid taking much risk on their investment, the use of DCA is more preferred to bitcoin because we could be able to afford making an investment with our convenience, then trade at the very best and desired time frame in which we think is more profitable and affordable by us.

First of all, you should correct your math. 3x350$ is equals to 1050$ which is 50$ over your budget of 1000$. Also I don’t understand your strategy since how can you do DCA if you allocated already all your balance on one go by buying the 35% each on the coin that you choose? You didn’t mention what balance you will use for your DCA after your initial purchase using the 34% of your funds.


You simply do normal buy low and sell high. If this method is very simple to pull off without any risk of failure then everyone should be rich on trading. This is not a bulletproof unless you have a lot of time if ever your funds stuck on this altcoin when bear season come.

From that list, Bitcoin and Ethereum are the only ones that have maintained their position, and almost all altcoin have seen periods of peaks and troughs, and since DCA is a long-term strategy, I do not think it will be successful except with Bitcoin and Ethereum.

The amounts he wants to buy are not large, but it is a risk if cryptocurrencies are his only investment.

Having never run this DCA method, does it work for them? Like some of them are successful but some are not, maybe this can be said to be quite balanced as long as they know which potential altcoins will rise more than 5x.

So I want to advise anyone to DCA in bitcoin even if it's $1000 for starters because this is one of the best long-term investments rather than altcoins which are full of risks in it, so I will not draw any conclusions because I know some altcoins will dump.

No i mean 350/3= about 116$ for each coin.
With this method 650$ left from 1000 $ that's enough for my cash reserves considering that i sell one coin If i run close to depleted of my cash resetvesrs.

Actually, DCA only works in the coin you analyze well since most of us here know Bitcoin they would tell you that applying DCA on altcoin is risky but for me, only if you didn't analyze the coin in technical and fundamental its totally gamble without analysis even in Bitcoin actually we do not know if the price of Bitcoin would recover at $70k level it's actually forming a bearish trend and have strong support at $56k-$60k if this level broke I'm sure all altcoin you mention above will also drop more than the price of BTC because most of the altcoins are dominated with BTC.

So before you do the DCA strategy make sure to analyze the altcoin on both FA and TA including BTC as your extra indicator and only buy when the price reaches an all-time low at the current month sample when the price of BTC touches $56k that's a good opportunity to do DCA at that level or 60k level because there is strong support at that level.

I don't actually think what you explained here can give you something meaning within space you just narrated it maybe it's a better ways for you but to me it seems like someone who is wasting resources, it would be better you do DCA with Bitcoin instead of altcoin since it quickly rise above other altcoin so, bitcoin is could be more preferable than any other coin there.

I know it's your choice of choosing coin but even if you must apply that technicality it should be you could find one of the valuable to hold to increase your profits even without you having to stress yourself to trade it, because to me it seems like you are indirectly feeding the market and those who are smarter than could keep making profits.

Now look at how market works, when market is disturbed the small investors panicked to sell and whales pack over your little coin into their holdings and when they manipulate the market again you jumped in and buy and after a little shake you give up again by so doing they are making huge profits so, it would be better you just buy bitcoin and hold for as long as you wanna hold it.

That sounds a plan but isn't this kind of DCA is going to be costly for you because of the fees that you'll be charged when you do it on a daily basis?

Just as what the others are saying, do not time the market. Yes, we've got some plans but whenever you are in a position of being profitable, you take what you have to take.

That's how it goes so as you DCA into buying, you should DCA as well when you're in profit.

Spot market is awesome, much better if we hold our asset and wait for the best time to sell now. Also monitor for everyday update of the asset community, there's a possibility of rug pull particular with altcoins.
There's always no assurance with altcoins, that's always dependent with the hype of each market.
If you suddenly observed a highest spike, then probably that's your biggest chance to initiate selling and dumping your alts to take profit quickly.
Divert with trusted coins like eth or bitcoin, because they're the mos secured in the cryptocurrency market.

It is a strange strategy to make DCA purchases, so that after there are no more free funds left to continue purchases, sell one coin and fix a loss. You need to reconsider your plan and redistribute your available funds so that you can buy coins if their price drops by up to 50%.

The only thing needed to be sure this methods works perfectly is a proof of work and result.
Once you have tried this method for a duration that may not be up to a year, let's say about 3-6months and you have been able to weigh how much income you earn as well as spend weekly to DCA, while other wants and desires becomes pending, am sure you would consider a rethink or improvise on this method to suit your standard of living and survival.

Besides the proof of work needed to okay this strategy, it sounds great to try out and am sure it would greatly benefit those who are single, who have no dependants or heavy responsibility, who earn daily or weekly, more than those who rely on a monthly salary structure to invest or trade with.

might work when market sentiment is rather bullish but when in bearish all the three coins might have massive price decrease so i think you should take that into account.
the single point of failure is when the market sentiment goes worse and all the three coins got massive dumps but yeah it should work as of now, if you're flexible enough you gonna find out when to change the strategy anyway.

my strategy though is always the classic and rather proven way of making profit that is buying the dips and wait until the real bullrun comes just that it.
i've been profitting quite a lot ever since the bearish market ended so to say I have accumulated ever since we are in bearish and it always works wonder.
what it needs is just the patience to wait until the market get better also mental to go against the waves.

the only implication of investing this way is determining when the dipping is actually gonna bounce back in the future or if its just gonna dump further.

Even now, when the market already have some months of bullish which are helpful for altcoins to recover from their bottoms in 2022 and early 2023, if we use filters on coinmarketcap.com, for %down from ATH, we can see many altcoins still have more than - 50% from ATH or even -80% from ATH.

This is not small loss but the pain is less than in bear market two years ago, when you can see those altcoins down -90% or -98% from ATHs.

With each market bull run, there will be new trends but when bear market comes, altcoins will step on same shit-loaded, loss-waited down ways similarly to previous bear markets.

I do not think the strategy that OP mentioned would be effective in a bear market. A bull market is once a while scenario as of now the market is good to buy but if you take a position now and tomorrow again if the market takes another dip then you are at a loss. As OP said he keeps accumulating but when you take another position tomorrow and the day after the market recovers to a certain point there is zero guarantee that the previous two positions will be recovered. In a bear market it is very hard to make a profit in trading unless a trader is looking to hold unless he recovers all his loss and gain x percentage of profit.

This will be difficult in the case of the short time, most of Altcoin, which occupies the lead now, was not present in 2017, and therefore all of FA and TA have very narrow dates and therefore cannot be relied upon for long-term trading as happens in DCA.

Yes, it is very difficult to achieve a profit and it is difficult to ensure that there is a profit that will happen in the future, in both cases, in the descending market the risks are great and increase because you do not guarantee the long-term direction but in the emerging market the possibility of achieving higher profits.

Well, while timing market lows is difficult, a pure DCA approach might not optimize gains, IMO. Maybe consider a blended strategy where you take advantage of dips, $1000 starting amount is not bad. Diversification is key, but explore even more assets beyond the initial three, from my perspective. Thoroughly research the fundamentals of each chosen asset and implement stop-loss measures for added risk management, you know everything is possible in this crazy market. Substantial gains are possible within the crypto market, it's crucial to maintain realistic expectations, diligent research and a well-thought-out plan are crucial for navigating this volatile market successfully.

Yes, some altcoins are new that you didn't see in the past that is why I include fundamental and DYOR is to improve your long-term perspective not just technical.

DCA only works if you do it with FA and DYOR that is what investors do for long-term investments. You might be using fundamental analysis as a news aggregator for the short term?
FA is use for long term prediction not for short term I don't heard anyone use FA for short term maybe for bad news but it is just one of the FA components.

I can't confirm your strategy to be bulletproof but what I can confirm is that in a crypto bull market, the concept of "buying dips" works because market will retrace after every dips. That's where higher highs and higher lows concept started from. Take Bitcoin for example, It went to $32K, then back to $28K, retraced to $35K and down to $31K. It's only in a bull run that this strategy is possible otherwise you risk losing more in a bear market with this strategy but good luck.

Those coins you mentioned are pretty old btw and don't move so much? Like XLM for example has heavily underperformed in this run-up.

DCA on altcoins and every day?
I think altcoins are unsuitable for DCA and also doing it daily, will there be a significant enough price difference in one day? because usually people will do DCA weekly or monthly so daily is something new to me.
SOL and ETH look good choices but XLM/Stellar is no longer a coin whose movement is encouraging, this coin is slowly being replaced by other coins in terms of trading volume even I see rarely people consider it as a coin that will perform well during a bullish time, and $1000 is a big enough value for beginners and diversifying might avoid you from big losses although it does not rule out the possibility that the profit will also be reduced because one of the coins does not meet expectations.

Depending on one's investment strategy, I have no problem with the OP's daily DCA strategy but investing in altcoins is mostly about knowing how to choose the right coin. I was going to say this to the OP as well, solana and eth are two great options for this year's bull run. If it were me, I would bet more on Solana than ETH. But as for XLM, I think it is a dead coin and will no longer bring us profit, choosing it is really an unwise idea.

Investing in Altcoin is very risky so we need to consider and make appropriate choices. I just want to give OP my opinion and nothing else because it's his money and the final decision belongs to him.

Let's just assume that you are able to dca 10$ every day to each of those, which will cost 30$ total in weekly 210$, and then in 1 month you can dca to those three for 840$ at the minimum amount. If I look at your choices of altcoins—the two there—I could say that something will be released when the bull run comes.

Are you an employee? or do you have business resources? because 210$ dca weekly is not a joke for community investors here in the crypto space. Unless you earn $3,000 monthly,. If you really do that and you have that kind of purchase, all I can say is that dca is good while bull run is not happening yet.

Your plan sounds solid! Focusing on a few strong coins and using DCA is smart. SOL, XLM, and ETH have real potential. Waiting for dips to buy more is a great way to get in at good prices. And taking profits when they pump makes sense too. But let me ask you this: what if one of the coins doesn't dip again after a big rise? Will you still take profits on the others and buy back in? Or maybe let your winners ride? There's an argument that with truly promising projects, you're better off holding for the long haul.

Also, have you thought about the tax implications of all that selling and re-buying? In any case, I love that you've put real thought into this and have a clear strategy. That discipline will serve you well. If bitcoin and the market do what many of us expect over the next year, your plan could absolutely 5-10x your money, if not more.

Every investment is risky when you happen to invest but don't have any knowledge about it. That's why it's all set for everybody to invest with what you know. And before doing that, DYOR if you don't know what you are up to. There is nothing we can do when OP or anyone that has firmly decided to invest to the market and altcoins that they want to have, they can do whatever they want with the money that they will allot to their portfolio.

Everyone has their own trading strategy when I saw your strategy is actually quite good to keep DCA with an amount of 10-20 USD. I actually test my spot trading strategy and then currently it still bring me floating loss around 35%  :'( :'(

My strategy is I buy a coin/token with 60-70% balance and then when the coin is down around 15-30% I buy more with the rest of the balance but currently is still down 30% so my strategy maybe need a revision

Yes, the strategy is very simple yet many traders fail to earn a decent amount of money using this strategy.
I guess what OP means is he has divided the amount of $1000 into a 3 buckets for the 3 altcoins mentioned.
He then uses $10 out of each bucket to buy the 3 altcoins respectively until he is in profit and then takes the profit.
I would just say that keep doing what you are doing until you are in profit and revamp your strategy if you make continuous losses.

That made me laugh (and I sincerely hope you're not serious). That is of course the purpose of trading in general, but in reality - especially for newcomers - it looks like they buy expensive, lose their nerves and sell the coins at the bottom ... and then make the same mistakes again until the budget is used up.

If "buy low, sell high" were that simple, we'd probably all be rich here.

Definitely not a bad method, not saying that it would be bad or good because it is beyond me to answer something like that, I am not some genius who would talk about others path, but I can say that it looks good to me.

The only question would be which coins, because some of them do not look that great, specially xlm, I would have preferred something else probably, but once again I am not some big trading guy who made millions, so me saying that I wouldn't use xlm for this method doesn't mean anything because I could be wrong. I think it is clear that we are going to make some money from crypto if we trust making good amount of money and do not get out of our strategy, keep this up and I am sure you will make some money.

It's hard to predict wich ones moves most so that's why i have choosed 3 one of the main altcoins for this method.

I can only lose If i sell in loss but even If i do run out of cash with this method i have plenty of cash reserves and as i mentioned when i see market might dip more down and my cash reserves getting lower i sell right to fully all one of the altcoins of so that will realese a lot cash for me to continue with my DCA process.

I think DCA are mainly use for investing, while in trading timing the market not only in lows but also in highs are very important and yeah that it is hard at first but things are only going to be more manageable the more we exposed our selves into it.

A blended strategy can be fine as it can allow us to experience a different rhythm, however starting with $1k seems too much already for a not-so-rich trader. Indeed, everything is possible here and that can also mean that despite doing what we can, the results are still against us but we won't get shocked anymore since we expect it already and things won't be heavy if we learn on how to accept things.

Of course, every investment has risk, including bitcoin, but if we are knowledgeable and take the time to research things ourselves before making a decision, we will be able to minimize the risk. Like OP chose 3 altcoins to invest in and I believe if he had researched thoroughly before investing he would not have chosen XLM because it looks like a dead project. Investing in it is too risky while the return will be insignificant, meaning it is not worth the trade-off. If it were me, I wouldn't invest in XLM and would choose another top altcoin or bitcoin.

That's a bit strange, and I just saw that there is such an allocation of DCA every month that ranges from 1000$ for the three cryptos it does. It is not surprising that when the bull itself comes or bitcoin rallies together with altcoins, Op will make a lot of money.

I hope I also have that kind of allocation every month, unless he is a rich person, his salary is high, he is an employee, or he has a source of income. Good luck with what OP is doing.

DCA is an investment strategy and can be used by everyone, with any asset but an investor must identifies that asset is risky or safe to invest money in. By considering it as an investment asset, it requires a little bit long time of holding, so risk must be low enough to accept. Because if risk is high such as the altcoin can have rug pull or high inflation in tokenomics design, it is terrible to invest money in it, hold it for a long time.

DCA with altcoins is more considerable risky than DCA with Bitcoin, because they have more risk to lose value or even die, compares to Bitcoin.

If you DCA in bad top altcoins like Terra, and it has a death spiral event, DCA with it will only bring you from a small loss to bigger loss and nightmare at the end.

I was watching this thread since it was created by I forgot to post under it and not excited to post until I saw your post. FA which you meant as fundamental analysis is not necessary for DCA. You can begin DCA at anytime without any fundamental analysis. But if you check the yearly chart candle sticks using RSI and BB and you noticed that the price of the asset is significantly low, you can begin DCA. Fundamental analysis is good to enter the market as soon as possible or to leave the market based on what the news is all about.

Yeah, you could turn a trade into a DCA as well. Lets say that you bought something and you want to sell it as quickly as possible when it goes up, however the price suddenly went low instead of going up, that means that you are not going to end up with anything better, because it would be a loss if you sell. In this situation some people just end up buying more, to make sure that it goes well.

I feel like that is not that bad and it looks like it would definitely be a good deal. This is of course not going to be easy, but if you keep DCA your way out of that position, it would be part of your trading strategy. That would be "sell if it goes up, dca if it goes down", which isn't really a new strategy at all.

Assume you use DCA for Bitcoin, I agree that DCA is good for your portfolio with a big condition that you DCA with your money, not from any loan or don't use any leverages. DCA only with Spot market and your own money, then a next big step is withdraw your coin and store it in your non custodial wallet.

Don't store it on exchanges because you use exchanges to DCA in. They can freeze your accounts, their exchanges can bankrupt and many risks you can not control. Be your own bank with non custodial wallet.

If this practice applies with altcoins, it will be terrible. Because DCA with altcoins can make your loss bigger and bigger, then your portfolio value can drop to nearly $0.

Terra death spirals with $UST stable coin and $LUNA token is very big lesson for people who DCA with altcoins.

I use the DCa method for alts. But to effect this, you need to have basic TA knowledge so you'll know the support zones etc.

Well, it is good for you but I don't buy such a strategy as I have my own choice of coins to trade.
But whatever the strategy we use, as long as it gives us a favor and earns more than the amount we lose, that is good. In fact, our target is to earn and whatever we do doesn't matter.

Trading strategies will also vary on the market situation and coin behavior. Adaptability toward the abrupt change of its course is somewhat necessary. That is why I don't follow other methods of trading, I discover my own style.

DCA is not all-in, so why not? But even if its all-in, we still can pay the loan that we take before their due, as long as we are willing to do so. It can be a tactic, same to those business owners outside who also borrow money and use it to widen/expand their business.

If we are only an investor, it is safe to use non-custodial wallets most of the times but traders may need to store a permanent fund inside an exchanger because this is where they can trade continuously. Not all alts are bad, and I already saw a lot of people who does a DCA with them. We must only monitor our assets or portfolio from time to time so that we can act quickly once we see an anomaly on them.