QUOTE(Supreme1394 @ Mar 1 2021, 03:24 AM)
Yes, you're mostly right. Let's follow your example:
a)Risk 10% of $10k buy btc @100k; fails
b)Risk 10% of $9k buy btc @90k; fails
c)Risk 10% of $8.1k buy btc @80k;fails
d)Risk 10% of $7.29k buy btc @70k; fails
e)Risk 10% of $6.56k buy btc @60k; fails
f)Risk 10% of $5.9k buy btc @50k; fails
g)Risk 10% of $5.31k buy btc @40k; fails
h)Risk 10% of $4.78k buy btc @30k; successfully capture bull run to btc @200k
Your original $4.78k worth of btc is now $31.87k, minus $5.2k losses = $26.65k nett profit
Let's say you split $10k to just buy the dip method normally @100k, 90k & 80k, averaged price to 90k, your gains when btc @200k is $22.2k nett profit. So there are some gains from my method, IF price dips a whole lot. If price doesn't dip much, then the usual cost averaging hodlr method would produce more gains.
Waha)Risk 10% of $10k buy btc @100k; fails
b)Risk 10% of $9k buy btc @90k; fails
c)Risk 10% of $8.1k buy btc @80k;fails
d)Risk 10% of $7.29k buy btc @70k; fails
e)Risk 10% of $6.56k buy btc @60k; fails
f)Risk 10% of $5.9k buy btc @50k; fails
g)Risk 10% of $5.31k buy btc @40k; fails
h)Risk 10% of $4.78k buy btc @30k; successfully capture bull run to btc @200k
Your original $4.78k worth of btc is now $31.87k, minus $5.2k losses = $26.65k nett profit
Let's say you split $10k to just buy the dip method normally @100k, 90k & 80k, averaged price to 90k, your gains when btc @200k is $22.2k nett profit. So there are some gains from my method, IF price dips a whole lot. If price doesn't dip much, then the usual cost averaging hodlr method would produce more gains.
Like this also can?
Mar 1 2021, 04:07 AM

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