Bitcoin Forum

Economy => Trading Discussion => Topic started by: Vincom on December 28, 2024, 09:52:02 AM



Title: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: Vincom on December 28, 2024, 09:52:02 AM
My crypto journey began in 2017, a period marked by more losses than profits. However, my freelance translation work provided the financial cushion to persist. The harsh lessons of the 2017 and 2021 bear markets instilled in me the importance of a disciplined approach. Consequently, I embarked on a consistent weekly DCA strategy for BTC throughout 2022, 2023, and 2024.

My DCA accumulation continued until BTC reached 100K USD, coinciding with Trump's victory in the US election. At this point, I transitioned to an RDCA strategy, selling predefined portions of my BTC holdings at predetermined price targets. This approach aims to maximize profits while mitigating risk. I have shared this strategy on relevant forums to foster community discussion and gather valuable insights.

A recent Cointelegraph article suggests that the era of BTC DCA may be drawing to a close, with altcoin DCA offering potentially higher returns during the anticipated 2025 altseason. While I agree that the peak of BTC DCA profitability may have occurred around the 100K USD, I haven't adjusted my current strategy. Following the recent halving, I initiated an altcoin DCA strategy with 50% of my capital. However, focusing primarily on native coins, I inadvertently excluded memecoins, which likely contributed to lower returns compared to my BTC DCA strategy.

I am not actively DCA any crypto assets at this time. The remaining capital, including stablecoins and profits from my BTC DCA strategy, will be held in reserve. This reserve will be deployed to capitalize on potential dips of 20-30% triggered by unforeseen black swan events. Concurrently, I will maintain my existing portfolio, anticipating organic growth driven by market appreciation

I would like to know your opinion on this issue:
  • Have you ever applied the DCA strategy in the crypto market?
  • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
  • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

  • Is the Bitcoin DCA opportunity over? Here’s what traders are thinking (https://cointelegraph.com/news/bitcoin-dollar-cost-averaging-strategy-dca-opportunity-crypto-trader-thoughts-altcoins)


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: Ambatman on December 28, 2024, 09:59:03 AM
Are MSTR dumb in buying Bitcoin above $100K?
Waiting for such dips makes a nocoiner and brings about FOMO.
That's why DCA is adviced.
Yes won't deny the fact that altcoins would yield more profit but don't forget would also yield more losses
Personally find them too risky so try avoiding them like plagues.
Now to your Question
1. Yes, I still DCA Bitcoin even till now.
2. I prefer safety to risky gains, so you can tell what I'm biased towards
3. I don't do trades, Don't like it. I HODL.


Do your own research and don't rely on the opinion on people that are blinded by short term gains.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: Frankolala on December 28, 2024, 10:11:15 AM
Very funny to hear that people DCA on altcoins because they think that they are investing. It's only bitcoin that is worth to invest and DCA on. It's bitcoin bull season and not altcoin, so don't think that altcoins will also be bullish next year because only few altcoins would be influenced by bitcoin price movement. Trading is very risky, and most influencers are not experienced traders. Invest in bitcoin with DCA and hodli for long term is the best.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: Solosanz on December 28, 2024, 10:22:50 AM
No one can know and no one ever now.

If someone DCA-ing Bitcoin since the last year, they've earn around 1.5x from their capital.

If someone DCA-ing Bitget token since the last year, they've earn around 7x from their capital.

If someone DCA-ing Avalanche since the last year, they're in loss.

  • Have you ever applied the DCA strategy in the crypto market?
  • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
  • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
1. Yeah I buy Bitcoin using DCA strategy.
2. Some altcoins earn more than Bitcoin and Bitcoin surpass many altcoins.
3. No, I don't rely or trust a scammer.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: icalical on December 28, 2024, 10:34:13 AM
I would like to know your opinion on this issue:
  • Have you ever applied the DCA strategy in the crypto market?
  • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
  • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

  • Is the Bitcoin DCA opportunity over? Here’s what traders are thinking (https://cointelegraph.com/news/bitcoin-dollar-cost-averaging-strategy-dca-opportunity-crypto-trader-thoughts-altcoins)
Bitcoin’s recent surge to $100K is impressive, but many people believe it can go higher. There are also people who said that Alt season is coming, thus lead to switching from BTC DCA to altcoin DCA for higher potential returns. But for me Altcoins come with higher risks, and their performance can vary widely. I would still do BTC DCA since its stability and long term growth. I listened to experienced traders online too, but we should always do our own research and analyze his financial goals. At the start of the year market is always volatile, so we whatever we do we should always be cautious.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: Jet Cash on December 28, 2024, 10:35:28 AM
The narrative wants us to switch out of Bitcoin, and that leads me to believe that now is a good time to buy Bitcoin.  With many countries considering additing Bitcoin to their reserves, the future has never been rosier in my opinion. I still want to buy more bitcoin before the next hockey stick appears in the price graph.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: DeathAngel on December 28, 2024, 10:36:45 AM
Your time for cheap DCA to make big money in this cycle is probably over. You can still make good profits but the crypto market as an entirety will peak next year so you should have been buying in 2022 & 2023 maybe. If you plan for quick profits then there were better times to buy this cycle. Might be better to wait for the next bear market to start buying.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: Taskford on December 28, 2024, 10:39:18 AM
Have you ever applied the DCA strategy in the crypto market?

Only applying it on Bitcoin, but for other crypto? No since its so risky to try and don't have much confidence to hold any altcoins since I will just stick to hold then do DCA with Bitcoin only.

Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?

No, for me this is risky decision to be made. There are so many shitcoins in altcoin market that's why its so hard to take a risk then decide to do DCA with alts since there are so many unreliable altcoins out there and to bad that instead we are gaining we are losing at the end especially if we spot a wrong alts.

Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

I give value on their opinion, but I don't believe easily on what they say unless I verify it thru research that's why potential traders should do their own diligence before taking decision. People should think that research is really important so that they will not do any crazy things dealing with their investments.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: ABCbits on December 28, 2024, 10:53:56 AM
  • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?

Only if those investors aware of the risk and already does research on specific altcoin they plan to perform DCA. I think average cryptocurrency user/investor better stick with DCA Bitcoin.

  • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

Not really, since it's hard to know which trader actually is experienced or skilled.

--snip--
Might be better to wait for the next bear market to start buying.

Some investor want to do that. But when will such bear market happen? Will it happen after another bull market or not?


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: OcTradism on December 28, 2024, 10:54:27 AM
A recent Cointelegraph article suggests that the era of BTC DCA may be drawing to a close, with altcoin DCA offering potentially higher returns during the anticipated 2025 altseason. While I agree that the peak of BTC DCA profitability may have occurred around the 100K USD, I haven't adjusted my current strategy. Following the recent halving, I initiated an altcoin DCA strategy with 50% of my capital.
If you believe that an altcoin season is coming, you can DCA in infrastructure altcoins because they're built on something valuable. It's controversial to say altcoins are valuable with Bitcoin maximalists but infrastructure altcoins are certainly have more utilities and more values than meme coins.

Altcoin season is coming or not, you can assess it with available indicator.
https://www.blockchaincenter.net/en/altcoin-season-index/

Quote
However, focusing primarily on native coins, I inadvertently excluded memecoins, which likely contributed to lower returns compared to my BTC DCA strategy.
I agree that by excluding meme coins, you are controlling risk very well. Altcoins are risky but meme coins are most dangerous among altcoins.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: jcojci on December 28, 2024, 11:03:35 AM
I would like to know your opinion on this issue:
  • Have you ever applied the DCA strategy in the crypto market?
  • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
  • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
Yes, I applied the DCA strategy till now which I use monthly to buy Bitcoin. So far that is works well for me as I can accumulate a nice amount of Bitcoin.

No, investors Bitcoin should not stop their DCA in this moment because they still have more time to accumulate more Bitcoin. Bitcoin now gets more correction that makes the price is down so they can get more Bitcoin amount in a low price.

I only read about their opinions from experienced traders  but I don't just adjust my crypto investment strategy but find my own strategy. Every people strategy will not have the same strategy so they must find their own strategy that will works for them.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: Odusko on December 28, 2024, 11:05:39 AM
What the heck, you mean you want to leave Bitcoin and start DCA in altcoins, do you reason the risk that comes from altcoins, what makes you feel that altcoins are investments for the long term and should fit into the class of the like of Bitcoin which has a long-term perspective which guarantee DCA success, Don't get thing's wrong mate and stick to only Bitcoin avoid altcoins and whatever possibilities you think you can achieve from them.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: MAAManda on December 28, 2024, 11:06:51 AM
1. Have you ever applied the DCA strategy in the crypto market?
2. Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
3. Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

1. Of course, it is a general strategy that can be easily implemented to build an investment portfolio. But unfortunately I never implemented this strategy again due to some financial problems.

2. I don't think so, Bitcoin (BTC) is the main foundation in the crypto market, if the price of Bitcoin (BTC) drops, then the price of most altcoins will also drop. Instead of choosing one, it might be better to divide the allocation into 2, for Bitcoin (BTC) & altcoins.

3. Of course, I refer a lot to the theories they mention for my investment purposes.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: hd49728 on December 28, 2024, 11:15:06 AM
1. Of course, it is a general strategy that can be easily implemented to build an investment portfolio. But unfortunately I never implemented this strategy again due to some financial problems.
To do DCA, you need to have good source of income, finance to both feed your life, spendings and investment. The warning is if you can not have reserved finance for life, spendings and emergency, you are taking too risk by using all money for investment, even for DCA.

I agree that if you don't have spare money, you will have more difficulty to apply DCA. If you can not DCA regulary on a fixed intensity, you can do it more arbitrarily like if you have spare money, make your purchase, it is still DCA but will be less efficient than regularly DCA purchases.

Quote
2. I don't think so, Bitcoin (BTC) is the main foundation in the crypto market, if the price of Bitcoin (BTC) drops, then the price of most altcoins will also drop. Instead of choosing one, it might be better to divide the allocation into 2, for Bitcoin (BTC) & altcoins.
Bitcoin has a bull run, altcoins will follow it, and Bitcoin has a correction, altcoins have bigger corrections, then if Bitcoin has a bear market, altcoins have bear market too but with bigger loss like 99% while Bitcoin only has 80% loss from ATH.


Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
Post by: Marvell1 on December 28, 2024, 11:23:28 AM

    • Have you ever applied the DCA strategy in the crypto market?
    • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
    • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?



    1. You have been in the market since 2017 and started executing a weekly DCA strategy from 2022 to 2024. That means you have made a significant profit on your investment, continuing DCA will only benefit you and not harm you, so I think there is no reason for you to stop.

    2. This depends on each person's investment strategy and preferences. Bitcoin maximalists will object to this idea but neutral investors will argue that this is not a bad idea.

    As bitcoin price crossed $100k, I saw many investors selling part of their bitcoins to invest in altcoins. I don't see that as too bad as long as you invest in top altcoins and the price hasn't increased too much yet.

    3. When you are inexperienced, learning is necessary but when you are mature enough, you should research and make your own decisions. Everyone has different investment views and tastes. Asking other people for their opinions will only confuse you because you will get too many conflicting opinions.


    Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
    Post by: ranochigo on December 28, 2024, 11:32:08 AM
    This place is an echo chamber that consists of majority Bitcoin maximalist who will do everything to tell you altcoins = Bad. You should evaluate and see which altcoins has potential to be utilized in the real world, either because of their idea, what they champion, or how active their development is. These are the key metrics that will define if an altcoin would have any future if at all.

    People tend to ignore altcoins because majority of it is tainted by those that are obviously pump and dumps and blame others when it gets rugpulled. You should DYOR and realize that it is not always the case. Bitcoin's bullrun is the most obvious because politics and sentiments tends to revolve around it. You should DYOR and I'm currently looking to DCA in both BTC and several other cryptos that are potentially valuable in the future. Take everything that people say on the internet with a grain of salt; they're always going to say the most controversial shit to draw some clicks.


    Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
    Post by: hugeblack on December 28, 2024, 11:34:30 AM
    I don't think DCA strategy is a good strategy for altcoins because it is a long term strategy and most (if not all) altcoins perform poorly in the long term so even though the return in Bitcoin is decreasing it is still a profitable strategy and profits can be maximized with each price cycle.


    Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
    Post by: Charles-Tim on December 28, 2024, 12:13:28 PM
    • Have you ever applied the DCA strategy in the crypto market?
    • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
    • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
    I do not have to depend on online traders because it is as simple as buying bitcoin during bear market and sell almost all but not all before bear market become very significant. I think anyone in crypto market that study the market should know this than to believe on online people.

    Why should someone leave a good coin to invest on shitcoins? Know that these coins have their time and their best market will begin before bitcoin bear market. Some altcoins got to all-time high and will not get their anymore just like other old coins.


    Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
    Post by: Hatchy on December 28, 2024, 12:20:12 PM
    Why would you want to DCA altcoins? You aren't supposed to hold them for the long term as their more volatile compared to Bitcoin. You should avoid holding those meme tokens floating out their as they would lead you your loss. If you buy them at the right time, sell off one the market pumps don't hold them. Bitcoin is the only reliable cryptocurrency that you should think of holding and as far as I'm concerned, the current dip in the market, is the right time for anyone to buy Bitcoins and hold for the next market bull.. don't be fooled by the little retracement as its not going to stay for long..


    Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
    Post by: kotajikikox on December 28, 2024, 12:24:42 PM
      • Have you ever applied the DCA strategy in the crypto market?
      Yes it is how I started my journey in crypto and I have not stopped ever since.
      Quote
      • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
      Well we have our own strategies, plans and goals for next year so I have no opinions about what others should do however for me personally I see no reason to stop doing dca in bitcoin and shift towards other altcoins. I am not a bigger fan of altcoins than I am of bitcoin so I do not see myself shifting my focus from bitcoin towards altcoins even next year.
      Quote
      • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
      I only read and try to reflect on my own strategy but I never just change it just because someone else said it was wrong. I use it only as a reference point and not take it like it is the word from the bible.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: Bd officer on December 28, 2024, 12:51:27 PM
      I would like to know your opinion on this issue:
      • Have you ever applied the DCA strategy in the crypto market?
      • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
      • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
      Yes I am definitely invested in the DCA method. I have been investing in Bitcoin for a long time using the DCA method. My plan is to hold Bitcoin for a long time and continue to invest in the DCA method as much as I can at any stage. However, Altcoins are risky, as Altcoins have high profit potential as well as high loss potential. So it is better to invest in Bitcoin using DCA method, besides DCA method should not be used in risky sectors like Altcoins. Invest and hold bitcoins.

      In my case I don't wait for any experienced person's advice to invest. I know bitcoin is very trustworthy, investing in bitcoin and holding for long time will definitely be profitable.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: Fiatless on December 28, 2024, 01:02:14 PM
      I would like to know your opinion on this issue:
      • Have you ever applied the DCA strategy in the crypto market?
      • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
      • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

      • Is the Bitcoin DCA opportunity over? Here’s what traders are thinking (https://cointelegraph.com/news/bitcoin-dollar-cost-averaging-strategy-dca-opportunity-crypto-trader-thoughts-altcoins)
      Yes I have applied DCA stractegy using my earnings from my weekly income. I don't know much about altcoins, so I wouldn't consider investing in it until I have gotten enough knowledge. But I think Bitcoin is more suitable for long term investment because altcoins are not reliable.

       I don't also believe that Bitcoin price will not keep appreciating in the future. Bitcoin adoption will keep growing and it will become more expensive in the future. So there is no need to stop DCA with Bitcoin. My most reliable source of information is this forum. I also read from other sources just to compare, I don't depend on any trader since I don't have much interest in altcoins.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: bitzizzix on December 28, 2024, 01:26:08 PM
      I would like to know your opinion on this issue:
      • Have you ever applied the DCA strategy in the crypto market?
      • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
      • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

      • Is the Bitcoin DCA opportunity over? Here’s what traders are thinking (https://cointelegraph.com/news/bitcoin-dollar-cost-averaging-strategy-dca-opportunity-crypto-trader-thoughts-altcoins)
      Yes I have applied DCA stractegy using my earnings from my weekly income. I don't know much about altcoins, so I wouldn't consider investing in it until I have gotten enough knowledge. But I think Bitcoin is more suitable for long term investment because altcoins are not reliable.

       I don't also believe that Bitcoin price will not keep appreciating in the future. Bitcoin adoption will keep growing and it will become more expensive in the future. So there is no need to stop DCA with Bitcoin. My most reliable source of information is this forum. I also read from other sources just to compare, I don't depend on any trader since I don't have much interest in altcoins.
      Good decision, because you do DCA with Bitcoin that you know and understand about Bitcoin. And doing the DCA strategy must also be supported by sufficient knowledge and also have understanding and experience so that everything goes well and is also profitable in the long term, and you use the DCA method for Bitcoin is a very good choice. DCA is not to make money quickly like most altcoins, but it is very risky and this method is more of a slow and consistent strategy that is good for traders or investors who want to accumulate large amounts of assets gradually rather than making money in the short term which has great risk and also only produces a little profit. And DCA is a method to reduce risk and is very suitable for Bitcoin because the risk is very small and will guarantee big profits if you do it for the long term because its footprint and Bitcoin continue to grow and also develop over time.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: Agbamoni on December 28, 2024, 02:08:15 PM
      I see that you are ready to mislead yourself into Buying altcoin.

      Don't make the same mistake people are trying to correct till date. Thos who went ahead to sell their Bitcoin for investing them into altcoins. Regret is what they're calling since they did it and yet you asked to join them. Honestly, stopping your DCA to focus on altcoins is not the best move. Companies like MicroStrategy, Tesla, and Square are still heavily investing more and more money into Bitcoin. And they are no fool because Bitcoin still remains the most stable and proven asset.

      Buddy, stick you what you have tested and to what even the big boys trust.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: Dr.Bitcoin_Strange on December 28, 2024, 02:16:06 PM
      I consider altcoins as an investment that should not be hold for long terms like we hold Bitcoin for long term investment. The reason is because altcoins follows the pump and dump algorithm and you might be holding the token and while some whale investor can dump on you and after such a huge dump, the price might not recover again. Another reason is that altcoin price can be manipulated by the project owners as well. So, @OP, I don't see reason to apply the DCA on altcoins, if you want to invest on altcoins, when you see a desire price plunge, you can buy and sell when the price pumps. There's no need to DCA with the intention of holding for a long term because you don't know how the project will perform in the future.

      It's better to DCA Bitcoin because we can agree that the price of Bitcoin will break new all time high sooner because of the  so much interest that some big organization are putting into Bitcoin, including the government.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: Wexnident on December 28, 2024, 02:30:09 PM
      ~
      Yep. Currently doing it right now even. And no, I really see no reason why you should stop now. Though that's ME personally. Seeing as you've switched to selling at certain price points, then I reckon that's just how much risk you can stomach. Imo though right now even if I add more, I'd still 100% be on profit by a pretty big margin that even if say BTC drops to 70,80k, I'd still be fine. Heck I can even just cut somewhere around 90k instead, and depending on how the market goes (more dumps or stabilizes), I can do DCA again.

      For altcoins personally, I just short them. Rarely do I hold them for more than 2 weeks or so. Up to you if you find a coin worth doing DCA for. As for references, for new coins I guess? I scour the internet and check if it's something being intentionally hyped or just people really like the coin.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: m2017 on December 28, 2024, 02:31:00 PM
      • Have you ever applied the DCA strategy in the crypto market?
      • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
      • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
      1. DCA is one of the most popular strategies in the crypto market and as far as I can assume, many people follow it. I am no exception and have also used this strategy.
      2. This is a choice (risks and possible profits) exclusively of the investors themselves. I would not switch to altcoins, because I believe that greed often leads to losses than to the desired profit.
      3. And how can the opinion of traders be useful to investors? These are completely different ways and strategies of earning. To be honest, I don't trust traders, especially with public statements.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: apogio on December 28, 2024, 02:33:48 PM
      Have you ever applied the DCA strategy in the crypto market?
      Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
      Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

      1. Every month BTC only.
      2. Not giving any advice that could be considered as financial advice.
      3. I only take advice from people who will have losses from my losses or profits from my profits (a.k.a professionals).


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: AbuBhakar on December 28, 2024, 02:35:38 PM
      Why do you to stop DCA BTC if you can do both DCA altcoins at the same time. Altcoin moves the same way as Bitcoin which price will still grow during the altcoin season. You already mentioned that you invested Bitcoin during the Trump era of campaign election while already won which means he will do more positive impact on Bitcoin compared to what he done during his campaign that is just pure promises.

      Also you should remember that Altcoins has the chance to dump if Bitcoin marketcap tank next year when the another batch of hype for Bitcoin play again.

      Much better to diversify your DCA instead on focusing to the shitcoins.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: pakhitheboss on December 28, 2024, 03:17:55 PM
      The harsh lessons of the 2017 and 2021 bear markets instilled in me the importance of a disciplined approach.  
      I think you should read what you wrote before posting it here. 2017 and 2021 were bull years and the year that followed them was bearish.

      I would like to know your opinion on this issue:
      • Have you ever applied the DCA strategy in the crypto market?
      • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
      • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

      How long can an altcoin survive this harsh crypto market? You should question that before applying DCA theory. I remember in 2017 and 2021 one of the most sought-after altcoins was Ethereum. Look at its current price in this bull season, it is struggling to break its previous ATH. Whereas Bitcoin has been on the path of creating new records in terms of ATH.

      I think for short-term gain altcoins, meme coins, and NFTs are a good way to multiply investment. Whereas Bitcoin is meant for DCAing as it holds potential long-term gains.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: EL MOHA on December 28, 2024, 04:20:37 PM

      I am not actively DCA any crypto assets at this time. The remaining capital, including stablecoins and profits from my BTC DCA strategy, will be held in reserve. This reserve will be deployed to capitalize on potential dips of 20-30% triggered by unforeseen black swan events. Concurrently, I will maintain my existing portfolio, anticipating organic growth driven by market appreciation

      I would like to know your opinion on this issue:
      • Have you ever applied the DCA strategy in the crypto market?
      • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?

      There is always this belief by many investors that after a brief period of bitcoin pump then follow by bitcoin dump it signals an Altcoins bullish cycle that’s why you see many of the Altcoin expert suggesting a DCA in altcoin, for me I don’t advice against Altcoin investment but rather warns that it is purely risky and not worthy like bitcoin.

      As for stopping the DCA of bitcoin and hoarding the remaining funds I will say if your target for bitcoin holdings has been reached then you can diversify your funds into other assets or hodl them for emergency funds. But if you just have that funds lying down it will be best to keep it in an assets which is an hedge against inflation


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: Gaza13 on December 28, 2024, 04:28:42 PM
      I would like to know your opinion on this issue:
      • Have you ever applied the DCA strategy in the crypto market?
      • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
      • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
      Yes I am definitely invested in the DCA method. I have been investing in Bitcoin for a long time using the DCA method. My plan is to hold Bitcoin for a long time and continue to invest in the DCA method as much as I can at any stage. However, Altcoins are risky, as Altcoins have high profit potential as well as high loss potential. So it is better to invest in Bitcoin using DCA method, besides DCA method should not be used in risky sectors like Altcoins. Invest and hold bitcoins.

      In my case I don't wait for any experienced person's advice to invest. I know bitcoin is very trustworthy, investing in bitcoin and holding for long time will definitely be profitable.
      It is very likely that Op will switch investments from bitcoin to altcoin, maybe he wants to make a profit when the altcoin season occurs next year, I think this all depends on each individual investor, of course we have to look at the fundamentals of an asset if we want to switch and make a profit. If I look at Op I already have enough experience with crypto, I see that Op has been involved since 2017. I think you are very wrong, the dca method should not be used in risky sectors, I think dca can be used in any asset, all investments are full of risk, this is reversed again up to the individual investors they choose.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: moneystery on December 28, 2024, 04:56:17 PM
      if you feel that the price of bitcoin which is 100k is already higher and people should stop DCA-ing and start switching to DCA-ing altcoin then you are quite wrong in that because bitcoin has the potential to grow far in the future. adoption of large institutions, pro-bitcoin government policies, and various other positive news will be factors that encourage bitcoin to continue to grow further in the future. so a person does not need to hesitate that they should stop DCA-ing bitcoin when the price is like it is now, just continue DCA-ing until they reach the target price they want. no need to worry that they will lose because bitcoin's growth in the future is very good and the risk of someone investing in it is lower compared to altcoin.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: Dunamisx on December 28, 2024, 04:56:33 PM
      • Have you ever applied the DCA strategy in the crypto market?

      Yes, i do make use of DCA upon my crypto holdings each time am considering adding up to my investment, because its more safer and best for a long term investors of bitcoin.

      • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?

      No, i cant advise on this, you can still predict the way of bitcoin performance to an extent unlike the altcoins, most of the altcoins are not as trusted as we can have with bitcoin, they are mostly volatile and using DCA on them may just be like you're taking more risk upon risk, since not all of them could rise back to make all time high or pump as expected after going dip.

      • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

      Random people are on the internet which not all of them are traders or even crypto holders, so  we must be careful of whom advise do we follow and ensure that their strategies really works for us.


      Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
      Post by: Mpamaegbu on December 28, 2024, 06:36:36 PM
        • Have you ever applied the DCA strategy in the crypto market?
        Yes, I've. In fact, I often do that whenever I want to get into the market and I'm not sure if the market would pick up before getting to my speculated entry position or not. It's a good way not to buy at the top or continue to wait in vain, and not realizing that price had picked already.

        Quote
        • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        For altcoins, I think investors should just buy without DCA on them; except they know of a token unlock on any of their choice. During token unlock or unstaking, price often crash. It's expected that way because of the play of supply and demand. There will be surplus in circulation and that will push price down. In case of something like that, DCA would be preferable.

        Quote
        • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

        I don't joke with experienced traders at all. I give them their flowers whenever I see them or interact online with them. They've earned it. In the past I fucked around, neglecting suggestions and advice from experienced traders. Regrettably, I found out the hard way.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: BlackHatCoiner on December 28, 2024, 07:11:41 PM
        No, it is not. You're entering 2025. Stack harder than ever now.

        Why is it so difficult for people to not gamble? There's no such a thing as "Altcoin DCA", because no altcoin appreciates more than bitcoin over the long term. It's that simple. Just stack sats. The whole point of DCA is that you can't time the market.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: BNBITCOINMINER on December 28, 2024, 08:44:37 PM
        Since 2021, Bitcoin has only risen by 50%, from 67K to 100K. BlackRock and other Bitcoin ETFs are now driving the pumps and dumps based on any positive or negative news. Michael Saylor has purchased over 200,000 Bitcoin, yet the price has still declined. What started as a decentralized asset for the people is now largely controlled by institutional bodies.

        When measuring gains, focusing on dollar value is not true investing. Percentage gains are the real measure of value progression, though few understand this concept. Bitcoin is unlikely to 10X from $100,000 before 2035.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: apogio on December 28, 2024, 08:59:21 PM
        What started as a decentralized asset for the people is now largely controlled by institutional bodies.

        There is some truth in that ETFs and institutions will try to enter into Bitcoin, buying a large amount of the total supply.
        Still, where exactly is the decentralisation flaw that you refer to?

        Bitcoin is unlikely to 10X from $100,000 before 2035.

        Arbitrary numbers, completely theoretical. Even if it actually happens, still it's not proof that you were right.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Rikafip on December 28, 2024, 09:14:31 PM
        Since 2021, Bitcoin has only risen by 50%, from 67K to 100K.
        Let's wait for the peak of this bull market and then compare. Unless you think that's it for this one and we reached peak already.


        Bitcoin is unlikely to 10X from $100,000 before 2035.
        And it doesn't even have to make x10 by 2035 in order to be a good investment. In my eyes, as long as it beats inflation, its doing a good job. And its doing that, and much more.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Crypto Library on December 28, 2024, 10:53:50 PM
        I would like to know your opinion on this issue:
        • Have you ever applied the DCA strategy in the crypto market?
        If we talk about the present then I would say the market is correcting it self now. And now, the price of Bitcoin is around 94k so basically the market is at a good dip now if we compare it with its all time high price of 108k. So in this case I would say if someone wants to apply or continue the DCA method then there is nothing wrong with that.
        Quote
        • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        It completely depends on the investor. If an investor wants, he can continue his bitcoin DCA and make a small investment in altcoins. I have done this myself. That does not mean that he has to stop DCA investment and invest in altcoins with that fund. And besides, if that investor is good enough in analysis, then he can try it at his own risk. But I will do both Bitcoin and small investment altcoins.





        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: GbitG on December 28, 2024, 11:33:16 PM
        I would like to know your opinion on this issue:
        • Have you ever applied the DCA strategy in the crypto market?
        • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

        • Is the Bitcoin DCA opportunity over? Here’s what traders are thinking (https://cointelegraph.com/news/bitcoin-dollar-cost-averaging-strategy-dca-opportunity-crypto-trader-thoughts-altcoins)
        Bitcoin’s recent surge to $100K is impressive, but many people believe it can go higher. There are also people who said that Alt season is coming, thus lead to switching from BTC DCA to altcoin DCA for higher potential returns. But for me Altcoins come with higher risks, and their performance can vary widely. I would still do BTC DCA since its stability and long term growth. I listened to experienced traders online too, but we should always do our own research and analyze his financial goals. At the start of the year market is always volatile, so we whatever we do we should always be cautious.
        Yep, that's absolutely right. only Bitcoin is the best way to DCA. Because, as you mentioned that it has more stability than Altcoins. I still have confidence that Bitcoin will move towards 100k as soon. So we should still emphasize on Bitcoin. Despite in Altcoin, we have not seen any hope yet ex-top alts have not even crossed their ATH yet. And littrely this clearly shows us that Altcoin should not be trusted, it makes a super bullish moment in one cycle while in the next turn those alt pass the whole bull run in deep swim. On the other hand, Bitcoin is following a long-term bullish pattern and making new ATH every new day. So I also have this view that only Bitcoin should be preferred for DCA because Bitcoin has less risk as compared to Altcoin.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: rodskee on December 28, 2024, 11:40:45 PM
        bitcoin is the safest option i have if i were to DCA because i am not worried about it crashing and never going back up again even if dips i will still continue to DCA the same can’t be said about altcoins so i do not understand why you would want to apply DCA with altcoins

        • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
        some fully copy other traders but i do not think this is recommended as you could never execute what they did as exactly as they did which could give you some losses


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: sunsilk on December 28, 2024, 11:54:01 PM
        Have you ever applied the DCA strategy in the crypto market?
        Yes and it was worth it. :)

        Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        No. Continue to DCA BTC and if you have more budget to DCA for altcoins, do it as well but never leave DCAing in BTC.

        Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
        I sometimes listen but I am thinking before applying it to my own portfolio.

        But at most times, I can say that it was worth it and well done to my own strategy of simply DCAIng and holding.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: EFS on December 29, 2024, 12:42:53 AM
        This was also talked about when Bitcoin was $1000, or when it was $10000. It's always talked about, the price of Bitcoin has gone up enough, let's go to altcoins to make more profit. But at the end of the day, it turns out that altcoins are not as reliable as Bitcoin. Altcoins in the Top 10 ten years ago are not the same as those in the Top 10 five years ago, and they are not the same now. It's not clear which altcoins will be in the Top 10 next five years. Some altcoins may last and bring good gains, but none of them have as solid a foundation and recognition as Bitcoin. A DCA strategy for most altcoins would be a mistake, but you can try it with a few that you trust a lot. In the meantime, it would be a very bad idea to stop buying Bitcoin completely.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: BALIK on December 29, 2024, 03:16:33 AM
        Very funny to hear that people DCA on altcoins because they think that they are investing. It's only bitcoin that is worth to invest and DCA on. It's bitcoin bull season and not altcoin, so don't think that altcoins will also be bullish next year because only few altcoins would be influenced by bitcoin price movement. Trading is very risky, and most influencers are not experienced traders. Invest in bitcoin with DCA and hodli for long term is the best.

        I do not deny that bitcoin is the safest investment and we should focus mainly on it. But I disagree with you that altcoins are not worth investing in and there is no bull season for altcoins. If you have invested and DCA in altcoins like sol, xrp, hbar since the 2022 bear season till now, they have also given you significant returns no less than the returns that bitcoin has given. Or if you take a bigger risk and invest in OM, an altcoin that few people care about but has increased more than 100x since 2022.

        I missed out but some of my friends invested in this coin and they are making huge profits. Investing in altcoins is very risky, but if we take the risk, the rewards we get will be well worth it. Just because you can't make a profit from altcoins doesn't mean others can't and not all altcoins are bad.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Darker45 on December 29, 2024, 03:49:52 AM
        Your personal text says you're a Bitcoin maximalist. And now you're saying you're dollar-cost averaging altcoins. That's not what Bitcoin maximalists do. But, yeah, most of you/them are saying one thing while doing another so, yeah, you can retain that title.

        Generally, altcoins and DCA don't go along well, so I don't DCA altcoins. And I don't think $100,000 is the cue for people to stop their BTC DCA and shift to altcoin DCA. Bitcoin has a long way from here. $1 million might come sooner than we think. Altcoins are short-lived.

        I don't follow any trader on the internet, experienced or not. I generally form my own opinion and strategize accordingly.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: LogitechMouse on December 29, 2024, 06:32:05 AM
        I would like to know your opinion on this issue:
        • Have you ever applied the DCA strategy in the crypto market?
        • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
        Your personal text contradicts with your topic, but anyway: :)

        1. I've been for a long time already. DCA for me is the safest approach when it comes to investing and although there's a chance that you might miss out potential profits, this is also a good way to mitigate losses as well.

        2. If we are talking about the current prices of Bitcoins and most of the top altcoins, yes, but of course it will depend on the price increase of both of them. I tried to compute how much is the potential profit if Bitcoin will reach as high as $120,000 Vs. if Ethereum will reach its previous ATH of $4900, and it turns out that you can make more money if you invest in Ethereum but of course, it will change if Bitcoin goes higher than $120,000. It's hard to choose between the two of them, so I guess the best option is to invest in both Bitcoin and Altcoins as well.

        3. Nope. I have my own strategy when it comes to long term investing, and I don't refer or rely on the opinions of other people including these experienced traders. I want to approach the market in a semi-conservative way, and I guess DCA would be a good strategy for it.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: NotATether on December 29, 2024, 08:13:47 AM
        I'm not going to vote, but you can DCA Ethereum and Ripple if that's what you really want to do. With the other coins you are wasting your time. And you can't DCA stablecoins like USDC.

        Ethereum probably goes to $10k eventually so that's a 3x return for anyone who's brave enough to hold some ether.

        Ripple will have even bigger returns but I'm no fan of the company.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Rabata on December 29, 2024, 11:16:53 AM
        bitcoin is the safest option i have if i were to DCA because i am not worried about it crashing and never going back up again even if dips i will still continue to DCA the same can’t be said about altcoins so i do not understand why you would want to apply DCA with altcoins
        Investors who plan for the long term, investing in Bitcoin is the only safe platform. Here, the investor will definitely get a return on his investment, which is not guaranteed in any other platform. Moreover, if there is a possibility of losing that money after doing DCA for a long time, then an investor will be the most vulnerable. There is no guarantee in altcoins, there is a possibility of losing all the money by investing there at any time. Even we have seen that there are some coins that are suitable for investment and are in the top list, but there is fear because if any scam occurs at any time, then all the assets of alt coins may be lost within in a moment.

        If someone wants to take a risk in altcoins for investment for a short period of time, it is entirely their own matter. Cryptocurrencies are certainly risky, but investing in altcoins is even more riskier. We have no alternative to investing in Bitcoin for DCA.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Inwestour on December 29, 2024, 11:24:36 AM
        I do not deny that bitcoin is the safest investment and we should focus mainly on it. But I disagree with you that altcoins are not worth investing in and there is no bull season for altcoins. If you have invested and DCA in altcoins like sol, xrp, hbar since the 2022 bear season till now, they have also given you significant returns no less than the returns that bitcoin has given. Or if you take a bigger risk and invest in OM, an altcoin that few people care about but has increased more than 100x since 2022.

        I missed out but some of my friends invested in this coin and they are making huge profits. Investing in altcoins is very risky, but if we take the risk, the rewards we get will be well worth it. Just because you can't make a profit from altcoins doesn't mean others can't and not all altcoins are bad.
        You named several altcoins that have grown, but you know how many thousands of altcoins exist and you know how difficult it is to choose those few that will show such growth. By the way, you yourself said that you did not pay attention to them, which once again proves that dealing with altcoins is not easy. And it is also too late to buy bitcoin now, it would be worth stopping doing this long before 100k, now it is only worth waiting for the time to sell.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Z-tight on December 29, 2024, 11:29:16 AM
        You will hardly find anyone who will tell you to stop buying BTC and replace it with buying altcoins, altcoins do not perform so well in the long term, more of pump and dump, now how long do you intend to to use dca, i guess a long time, so it is going to be hard in getting the right altcoin for you. However, do your own research and make up your own mind, for me i will stick to buying BTC.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Kelward on December 29, 2024, 11:53:45 AM
        Why would you want to DCA altcoins? You aren't supposed to hold them for the long term as their more volatile compared to Bitcoin. You should avoid holding those meme tokens floating out their as they would lead you your loss. If you buy them at the right time, sell off one the market pumps don't hold them. Bitcoin is the only reliable cryptocurrency that you should think of holding and as far as I'm concerned, the current dip in the market, is the right time for anyone to buy Bitcoins and hold for the next market bull.. don't be fooled by the little retracement as its not going to stay for long..
        I can't agree less with you, Bitcoin is the only cryptocurrency that I can recommend for DCA method, I don't trust altcoins for long term DCA. The best recommendation is to diversify some of your Bitcoin ROI into top altcoins that have gained reputation, this is what kick-starts the alt bull run. Most altcoins are scams and buying them even for short term profit is risky, not to mention doing DCA on them, unless you want to gamble your funds. My strategy for most altcoins is research and buy with amount that I can afford to loose, target selling on the short term and take profit.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: fuguebtc on December 29, 2024, 01:07:01 PM


         And it is also too late to buy bitcoin now, it would be worth stopping doing this long before 100k, now it is only worth waiting for the time to sell.


        There is no denying that many of us are just waiting to sell but is it right to advise others not to buy bitcoin at this time ?  I mean, new investors are still coming in every day and these people don't have the opportunity to buy bitcoin at a low price like us, the old investors .  If they don't buy now ,  when is the right time to buy since there is no guarantee that when the bear season comes , Bitcoin price will drop below $100k? Moreover, why are we scared  when  big institutions like MS or ETFs still buy bitcoin even when the price is above $100k?

        I  don't want to give investment advice or encourage new investors at this time because  I don't want to be blamed ,  but it would be wrong to say that this is not a good time to invest . Because there is also no  guarantee that the price of bitcoin can drop below $90k or $80k again.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Taskford on December 29, 2024, 01:57:01 PM
        Why would you want to DCA altcoins? You aren't supposed to hold them for the long term as their more volatile compared to Bitcoin. You should avoid holding those meme tokens floating out their as they would lead you your loss. If you buy them at the right time, sell off one the market pumps don't hold them. Bitcoin is the only reliable cryptocurrency that you should think of holding and as far as I'm concerned, the current dip in the market, is the right time for anyone to buy Bitcoins and hold for the next market bull.. don't be fooled by the little retracement as its not going to stay for long..
        I can't agree less with you, Bitcoin is the only cryptocurrency that I can recommend for DCA method, I don't trust altcoins for long term DCA. The best recommendation is to diversify some of your Bitcoin ROI into top altcoins that have gained reputation, this is what kick-starts the alt bull run. Most altcoins are scams and buying them even for short term profit is risky, not to mention doing DCA on them, unless you want to gamble your funds. My strategy for most altcoins is research and buy with amount that I can afford to loose, target selling on the short term and take profit.
        Some people have this thoughts that if they would also do DCA for other altcoins they can possibly earn big money. I guess this kind of thinking affect some people since they really think that they can earn huge money from those meme coins. The fact that its so rare to hit those big jackpots on the scene and most provably that before they would hit those big gains, there would be a lot more scarier loss that they might encounter.

        So to avoid getting much big issues better for them to stick only with Bitcoin upon doing DCA. Since so far this is the most reliable coin that never fail its holders. Also for sure that majority here would agree that Bitcoin is more better option than any alts in the market.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: $weetne$$ on December 29, 2024, 03:47:24 PM
        I would like to know your opinion on this issue:
        • Have you ever applied the DCA strategy in the crypto market?
        • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

        I have applied the DCA strategy and I still do when I have some money and want to buy Bitcoin, I do not like buying all my Bitcoin one time because it makes me to miss the opportunity to invest into Bitcoin at a lesser price since the market always have time when it corrects and present us with buying opportunities, I do not want the market to give me such privilege but I would not be capable to make good use of it because I do not have any money left as I have used up all my money to buy at once. It is a very bad advice to stop DCA into Bitcoin because you think that altcoins are going to give you more profits in 2025. Do not forget to consider the possibilities of losing too when you invest in altcoins, investing in Bitcoin is better than altcoins.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: ancafe on December 29, 2024, 05:03:35 PM
        I would like to know your opinion on this issue:
        • Have you ever applied the DCA strategy in the crypto market?
        • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

        • Is the Bitcoin DCA opportunity over? Here’s what traders are thinking (https://cointelegraph.com/news/bitcoin-dollar-cost-averaging-strategy-dca-opportunity-crypto-trader-thoughts-altcoins)
        If that's the reason and you are able to run it well then there's nothing wrong with it, but it really depends on your level of ability to recognize potential altcoins and I doubt everyone is able to do it. For me there is no need to stop DCA in bitcoin because even though the price is high we can still wait for the next ATH, but if people are able to see the potential in the 2025 altseason it means they understand how to make big profits in altcoins and it might not be a problem to do it.

        I don't fully refer to other people's opinions on the internet but I often compare all information in entering the investment strategy being run. We need to analyze it ourselves and maybe belief in something will form when we have experience and knowledge that is learned slowly, that's why we need to make our own decisions to run it.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Zoomic on December 29, 2024, 05:04:18 PM
        • Have you ever applied the DCA strategy in the crypto market?
        Yes I have. When I started investing in bitcoin, I first bought lump sum and adopted the DCA strategy during my subsequent purchases. Tried DCAing  Shiba as at that time, but everything ended in tears.

        • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        Investors that would consider DCAing altcoins instead are only looking for cheap investment opportunities. The big mistake they would be doing is expecting big returns from these cheap investments. Investing in altcoins is very risky, they are very unstable and unpredictable. Investors stand the chance to incur very huge losses if the price of these altcoins correct which is not so with bitcoin. It is safer to stick to bitcoin whether they will be DCAing or buying lump sum.


        • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
        I don't trust these self acclaimed experienced traders on the internet.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: OgNasty on December 29, 2024, 05:39:35 PM
        It is never a good idea to focus on altcoins.  Sure, you may get lucky once in a while and be able to get more BTC as a result of shitcoining, but you'll lose more than you win.  With an idea as brilliant as Bitcoin and the kind of support it's getting globally, why would you need to search for something else?  You've already found the golden goose.  It makes no sense to keep chasing random geese and hoping to find one that will shit gold.  Just be patient and feed the golden goose you have.  It will work out better in the end, trust me.  I've seen so many Bitcoin-killers come and go at this point, I don't even pay attention to them anymore.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: BALIK on December 30, 2024, 12:51:04 AM
        I do not deny that bitcoin is the safest investment and we should focus mainly on it. But I disagree with you that altcoins are not worth investing in and there is no bull season for altcoins. If you have invested and DCA in altcoins like sol, xrp, hbar since the 2022 bear season till now, they have also given you significant returns no less than the returns that bitcoin has given. Or if you take a bigger risk and invest in OM, an altcoin that few people care about but has increased more than 100x since 2022.

        I missed out but some of my friends invested in this coin and they are making huge profits. Investing in altcoins is very risky, but if we take the risk, the rewards we get will be well worth it. Just because you can't make a profit from altcoins doesn't mean others can't and not all altcoins are bad.
        You named several altcoins that have grown, but you know how many thousands of altcoins exist and you know how difficult it is to choose those few that will show such growth. By the way, you yourself said that you did not pay attention to them, which once again proves that dealing with altcoins is not easy. And it is also too late to buy bitcoin now, it would be worth stopping doing this long before 100k, now it is only worth waiting for the time to sell.


        I am not saying that choosing and investing in altcoins is easy, it is extremely difficult and takes a lot of effort and time but in return the reward will not be small. What I mean is that not all altcoins are bad and just because some of us can't profit from altcoins doesn't mean everyone else is like us.

        We need to be realistic, bitcoin is not the only profitable project on the market, there are many different ways to make money and each person will have their own investment strategies, methods and preferences. Don't try to impose our thoughts on others, just because we can't do it doesn't mean others can't do it either.

        Is it too late to invest in bitcoin? Years ago, when bitcoin price hit $1,000, many people said it was too late to invest and now bitcoin is trading at over $90,000. History will repeat itself soon when bitcoin hits $200k or $500k, there will also be many people who will say it is too late to invest in bitcoin.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: OsaiEmma on December 30, 2024, 06:07:29 AM
        My crypto journey began in 2017, a period marked by more losses than profits. However, my freelance translation work provided the financial cushion to persist. The harsh lessons of the 2017 and 2021 bear markets instilled in me the importance of a disciplined approach. Consequently, I embarked on a consistent weekly DCA strategy for BTC throughout 2022, 2023, and 2024.

        My DCA accumulation continued until BTC reached 100K USD, coinciding with Trump's victory in the US election. At this point, I transitioned to an RDCA strategy, selling predefined portions of my BTC holdings at predetermined price targets. This approach aims to maximize profits while mitigating risk. I have shared this strategy on relevant forums to foster community discussion and gather valuable insights.

        A recent Cointelegraph article suggests that the era of BTC DCA may be drawing to a close, with altcoin DCA offering potentially higher returns during the anticipated 2025 altseason. While I agree that the peak of BTC DCA profitability may have occurred around the 100K USD, I haven't adjusted my current strategy. Following the recent halving, I initiated an altcoin DCA strategy with 50% of my capital. However, focusing primarily on native coins, I inadvertently excluded memecoins, which likely contributed to lower returns compared to my BTC DCA strategy.

        I am not actively DCA any crypto assets at this time. The remaining capital, including stablecoins and profits from my BTC DCA strategy, will be held in reserve. This reserve will be deployed to capitalize on potential dips of 20-30% triggered by unforeseen black swan events. Concurrently, I will maintain my existing portfolio, anticipating organic growth driven by market appreciation

        I would like to know your opinion on this issue:
        • Have you ever applied the DCA strategy in the crypto market?
        • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?

        • Is the Bitcoin DCA opportunity over? Here’s what traders are thinking (https://cointelegraph.com/news/bitcoin-dollar-cost-averaging-strategy-dca-opportunity-crypto-trader-thoughts-altcoins)
        Personal BTC is the best way to go when DCAing cause it's more stable, has a lower risk and it's like the backbone of altcoins, but if you have a good and tested strategy, u can as well DCA in altcoins, but right now, I think BTC is making some corrections in it's movement so you can DCA, keep buying the dip(NFA)


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Fara Chan on December 30, 2024, 09:31:13 AM
        Personal BTC is the best way to go when DCAing cause it's more stable, has a lower risk and it's like the backbone of altcoins, but if you have a good and tested strategy, u can as well DCA in altcoins, but right now, I think BTC is making some corrections in it's movement so you can DCA, keep buying the dip(NFA)
        For DCA, I think it would be better if we do it for Bitcoin not for altcoins, because the potential of altcoins is always uncertain in the market so it can give rise to more risks when there is a correction or price drop. But for Bitcoin, everyone can store it properly after buying it using the DCA method, especially if it is experiencing a price correction like now. Because Bitcoin holders will always be more profitable in the future when there is an increase in price, so the focus should be on the long term not the short term. As for altcoins, everyone can trade them for short-term profits so monitoring them at certain moments can also be a pretty good option.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: ancafe on January 01, 2025, 10:09:27 AM
        For DCA, I think it would be better if we do it for Bitcoin not for altcoins, because the potential of altcoins is always uncertain in the market so it can give rise to more risks when there is a correction or price drop. But for Bitcoin, everyone can store it properly after buying it using the DCA method, especially if it is experiencing a price correction like now. Because Bitcoin holders will always be more profitable in the future when there is an increase in price, so the focus should be on the long term not the short term. As for altcoins, everyone can trade them for short-term profits so monitoring them at certain moments can also be a pretty good option.
        Most people actually do DCA in bitcoin because this strategy is much more optimally applied here compared to implementing the DCA strategy in altcoins which are indeed much riskier because the potential of coins is uncertain in their journey in the market. Even when there is a market change so deep when altcoins experience a correction so that it can affect a much greater risk if applied to altcoins regarding the DCA strategy. Usually people use a strategy of buying in large amounts in sharp decline conditions for altcoins and will wait for a big increase to take advantage.

        Altcoins are much more potential for the short term because they can indeed provide very promising profits, except for potential altcoins such as BNB and ETH. Various strategies may be used by people, but all decisions must be based on good observation so that we can be in a profitable moment because the market always changes so quickly in its journey.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: mirakal on January 01, 2025, 02:29:59 PM
        DCA isn’t new in the world of crypto investments. The majority of the investors are already using this strategy. So, don’t get confused about applying it because it has been proven effective and profitable. But I'd rather suggest using this approach for acquiring bitcoin, not altcoins. Why? You’ll get more value for your money with bitcoin since it’s more likely to deliver profits compared to altcoins. If we execute this strategy correctly, we are certain to see profits in the end. That is why it is important to carefully think about every decision we make because that is the only way to avoid losses.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: fullhdpixel on January 02, 2025, 05:48:22 PM
        Personal BTC is the best way to go when DCAing cause it's more stable, has a lower risk and it's like the backbone of altcoins, but if you have a good and tested strategy, u can as well DCA in altcoins, but right now, I think BTC is making some corrections in it's movement so you can DCA, keep buying the dip(NFA)
        If between some alts like ETH for example, I actually think they are more stable. I mean it is obvious already, if we look at their performances compared to BTC that always rise, make a correction and then sometimes drops a little harder.

        There are also claims that BTC is a highly volatile crypto and yet people still like to do a DCA with it. So that was it, I think it is not about the stability or being volatile but it is about being secure, as we know that BTC is the oldest among them all. BTC is not the backbone of the altcoins but it was again the ETH but BTC is the base of all the cryptos. If about strategy, DCA is already the most part of it but before we did it, we need to make a research first about the coin that interests us.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Faisal2202 on January 02, 2025, 06:06:18 PM
        I would like to know your opinion on this issue:
        • Have you ever applied the DCA strategy in the crypto market?
        • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
        Yep, I applied to DCA in BTC for a year I think, and it was a great experience, although my amount is so small, but I still liked the experience. I don't think investors should stop BTC DCA and start ALT DCA as if they have enough funds, they should do the both and should not stop one. Because BTC is more stable and less loss-giving than alts so for proper backups you might need funds in the form of BTC as well.

        For example, I did not sell my BTC at 108$k but when the market dipped, I sold at $95k to buy an alt I was bullish on because I calculated I could make this profit from this alts and BTC couldn't give me that, beleive me it was not that good idea though for me because I was being too greedy and was trying to make that profit in a short time frame while I have to target for HTF.

        Point is with proper knowledge and analysis, we can make a good trade but still, we should have funds in BTC and even that time BTC was not giving me a big loss so that's why I sold it to buy alt. I refer to the experienced traders all the time to make my trades.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: kawetsriyanto on January 02, 2025, 08:53:20 PM
        I don't think DCA strategy is a good strategy for altcoins because it is a long term strategy ~~~
        You're right. People mostly apply DCA during the bearish season, they do this because they have limited funds. However, it will have a chance to get good profits in the long run because the price probably increase significantly in the bullrun season. But if people just try to do DCA now, how people expect to gain good profits because the price of Bitcoin and altcoins already increase quite high. Bitcoin are even already in the very high price.                                       

        ~~~ most (if not all) altcoins perform poorly in the long term so even though the return in Bitcoin is decreasing it is still a profitable strategy and profits can be maximized with each price cycle.
        Indeed. Altcoins are more difficult to predict in the long run. They can increase significantly, they also can have no massive change due to many reasons. It is quite different with Bitcoin, Bitcoin regularly increase significantly in each cycle. Bitcoin almost have the similar pattern to grow during the bullrun season in each cycle. That's why people are safe to do DCA in Bitcoin.



        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Japinat on January 02, 2025, 10:50:28 PM
        Once bitcoin reached $100k, that only proves that it's even more valuable to invest compared to altcoins. The higher the price, the more it becomes impressive to invest, so why stop DCAing and just step down to altcoins? This is even more the best time to start DCAing with bitcoin before its price will step up into another level. So that we will definitely ride in the next bull run and make decent profits if we decide to sell portion of our investment.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: WatChe on January 03, 2025, 03:46:30 AM
        Your personal text says you're a Bitcoin maximalist. And now you're saying you're dollar-cost averaging altcoins. That's not what Bitcoin maximalists do. But, yeah, most of you/them are saying one thing while doing another so, yeah, you can retain that title.

        Generally, altcoins and DCA don't go along well, so I don't DCA altcoins. And I don't think $100,000 is the cue for people to stop their BTC DCA and shift to altcoin DCA. Bitcoin has a long way from here. $1 million might come sooner than we think. Altcoins are short-lived.

        I don't follow any trader on the internet, experienced or not. I generally form my own opinion and strategize accordingly.

        There are not many altcoins that are as old as bitcoin. Most altcoins have short life and disappear after a certain period of time. Moreover altcoins follow price patten of bitcoin and go up when bitcoin goes up and vice versa. Why going after something that can't move up on its own, why not invest in bitcoin that leads the market?
        Making decision on your own is better then following other advice like signaling group. If you make your own decision then either you win or gain experience.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: JeffBrad12 on January 03, 2025, 04:23:44 AM
        • Have you ever applied the DCA strategy in the crypto market?
        • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
        the problem with altcoin DCA is that, it's not really suited for that, altcoin have the tendency of being a short lived investment, the price usually dumps after a while, if you observe, the crypto rank by market cap shifts so fast by the changing of the cycle, your DCA might be useless because it's time constraint, but if it's just for temporary holding, then go ahead, be sure not to get too carried away DCA ing altcoin for multiple years because you'd more likely to lose your money worth.

        if it's DCA i'd still stick with bitcoin, i consider altcoin just for short term investment, get in when its cheap, sell when it's 2x or 3x.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: Zadicar on March 26, 2025, 07:36:02 AM
        • Have you ever applied the DCA strategy in the crypto market?
        • Do you think investors should stop DCA BTC to DCA altcoins with the expectation of making bigger profits in the 2025 altseason?
        • Do you often refer to the opinions of experienced traders on the internet to adjust your crypto investment strategy?
        the problem with altcoin DCA is that, it's not really suited for that, altcoin have the tendency of being a short lived investment, the price usually dumps after a while, if you observe, the crypto rank by market cap shifts so fast by the changing of the cycle, your DCA might be useless because it's time constraint, but if it's just for temporary holding, then go ahead, be sure not to get too carried away DCA ing altcoin for multiple years because you'd more likely to lose your money worth.

        if it's DCA i'd still stick with bitcoin, i consider altcoin just for short term investment, get in when its cheap, sell when it's 2x or 3x.
        Sorry for bumping up this thread but it is really that still that something worth to talk into in talks about DCA...

        When it comes to DCA choice then it will really be neither going for BTC or altcoins but i would be preferring on having both if you are really that being in torn between Bitcoin and altcoins on which you are the ones will really be making out such decisions because we do have our own preferences when it comes into the investment that we are really that trying out to deal with. There are really just those times or moments that we dont really like to deal up with something which having that slow movement or having that less potential on trying out to generate potential profits and this is why people will really be sticking into those coins or assets on which they do know that it could potentially be able to give out that kind of opportunity. This is why people will be having that different choice when it comes to this manner.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: CroverNo01 on April 04, 2025, 06:17:00 PM
        Once bitcoin reached $100k, that only proves that it's even more valuable to invest compared to altcoins. The higher the price, the more it becomes impressive to invest, so why stop DCAing and just step down to altcoins? This is even more the best time to start DCAing with bitcoin before its price will step up into another level. So that we will definitely ride in the next bull run and make decent profits if we decide to sell portion of our investment.
        Bitcoin have done great aide in the past and still continue to represent itself as the very best in the present. What can the top whales do in the market if not for bitcoin? They hold huge piece of bitcoin and wait for bull season to step in.

        I would advise one to learn the basis of the market, and secondly always been determined for the winnings and losses upfront. We can not lie to ourselves to always been on the winning team meanwhile losses gradually steps in. Bitcoin have always been the top project in the market, sometimes I wonder if anyone could possibly do without bitcoin? We're talking about a project that have created more impact to traders and investors in the market.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: shield132 on April 05, 2025, 09:11:24 AM
        I think that people who like less risk and stability, follow DCA strategy. DCA isn't for those who want to get 1000% ROI and similar high numbers. If we keep this in mind, then I believe that it's better to do DCA with Bitcoin instead of Altcoins. Bitcoin is the leading cryptocurrency with significantly higher market cap than the rest of the altcoins.
        With altcoins, I prefer to be risky and focus on choosing the right time to invest. I think that DCA with Altcoins is not a good idea because they often have a huge pump and dump and I believe that DCA is a waste on altcoins. The most important question is, which altcoin should we choose? Ethereum? Yeah, it's the next best thing for DCA next to Bitcoin but I don't know what other altcoin is a good for DCA. I thought that Polygon (Matic) had a good potential but as it turns out, this coin is going down to zero.


        Title: Re: Is this a good time to stop DCA BTC and focus on DCA altcoins?
        Post by: doomloop on April 06, 2025, 08:50:41 PM
        I think that people who like less risk and stability, follow DCA strategy.
        If they truly want less risk and stability, OP is right that they need to switch on altcoins because BTC is a highly volatile crypto. I know it is the oldest, but that is not what I'm pointing here. In terms of buying, I actually think that waiting for a drop before buying is more safer because this usually ensures a recovery.

        With altcoins, I prefer to be risky and focus on choosing the right time to invest. I think that DCA with Altcoins is not a good idea because they often have a huge pump and dump and I believe that DCA is a waste on altcoins. The most important question is, which altcoin should we choose? Ethereum? Yeah, it's the next best thing for DCA next to Bitcoin but I don't know what other altcoin is a good for DCA. I thought that Polygon (Matic) had a good potential but as it turns out, this coin is going down to zero.
        I thought you are on a safer side, but why suddenly choose the risky alts if ever you will also go with altcoins? Anyways, as they say, high risk still means high reward, so why not right? Only for some change. Matic is a good coin, so no that it is not going to zero. A lot of people expect better for this coin before but the price of it seem to still be minimal. Oh well, at least it was stable and less risky.