Is this a good time to stop DCA BTC and focus on DCA altcoins?

[Fara Chan]

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.

[ancafe]

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.

[mirakal]

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.

[fullhdpixel]

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.

[Faisal2202]

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.

[kawetsriyanto]

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.

[Japinat]

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.

[WatChe]

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.

[JeffBrad12]

• 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.

[Zadicar]

• 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.

[CroverNo01]

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.

[shield132]

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.

[doomloop]

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.