So you are saying there is a Smart DCA indicator, or we have to use it with some indicator, like what? Do you have any in mind, for example, I would use 4 EMA lines to make support and resistances, and if want to do DCA then I could use those lines (Resistances and support made by 4EMA) as buying and selling points. I can even extend the date, from 1 day to 1 Week if the selected coins is not new.

Although I won't say its the most reliable Indicator to do Smart DCA, BTW you are saying we don't use any kind of indicator with traditional (so called by you) DCA. As, I TBH used the indicators I mostly use to do DCA as well but not so much as most of my DCA is in BTC and I don't do DCA in BTC using any indicators but in alts I do.

You can use whatever indicator you want if you intend to do customized DCA. You can call it as whatever you want, Smart DCA, Customized DCA, Personalized DCA but the bottom line, it is no longer a Traditional (Classic) DCA.

You need to add some inputs to time the market, and your waiting time between two entries will be not at a fixed regular basis. You can invest after 1 month, 3 months or 6 months, because basically with Smart/ Customized/ Personalized DCA, you are timing the market and find best entries with some indicators that are best in your view.

I also didn't say Smart DCA is better than Traditional DCA.

yeah , up to now I can check the wallet and the bitcoin still sits there and that is frustrating knowing that it is use to be my bitcoin and seeing the value of bitcoin now? damn that should be a big amount for me now comparing to how much it is when i lose it, while the value of bitcoin continues to increase day by day.

For what you lost, consider it already gone forever.

Don't try to complicate your life with your calculation that how much does your past loss is at today price?

If you think your past loss this way, you will feel painful, more painful with time and it is not helpful at all.

If you spent your bitcoins, in another example, to buy luxury things like iPhone, years ago, don't consider it as your loss. You bought a luxury item, enjoyed it and now consider it as your loss, no life is not like this.

Cost of An iPhone in Bitcoin & Ether, Over The Years

It is not the same thing because I never touched the dollars, so by definition it cant be called dollar cost averaging 
I can also spend coins when I need to do it and I dont have to worry about spending the same amount of money to buy bitcoin.

I disagree.

Assume you receive $100 /week from your signature campaign payment. You will have two ways to DCA, buying Bitcoin with cash or stablecoin. Another way is receiving it directly with your signature campaign payment. The second way, you disagree with me but what will happen if you receive your signature campaign payment in $ or in altcoins. You will have convert it to Bitcoin and it is DCA, just different in middle steps.

In my eyes, the DCA strategy combined with DIP accumulation is the best way for sure profits.

Nothing surely brings profit too you. You will get profit or loss, with same entry for DCA, if your time to stay in the market is longer or shorter, that leads to different exit time and price.

But with DCA+DIP accumulation we keep that fixed amount of a week or month at a side and wait for the DIP to take place and when we see the DIP then we utilize that amount for DCAying.

This is one of Smart DCA's disadvantages. It's challenging to keep your money for weeks, months intact and don't use it for other things than investment in Bitcoin.

Can I propose something better?
I think SCDA is smartest way of getting bitcoin, this is Signature Campaign Dollar Averaging so I am choosing this
This is weekly receiving bitcoin and I am not spending any dollars, but I am investing my time in forum.

This is Traditional DCA. You accumulate bitcoins on regular basis, with assumption that your job with signature campaign is stable and you don't have too long break time for signature campaign participation and salary. What you are saying is not different than Traditional DCA, and you just describe exactly what your investment capital comes from, through signature campaign payments.

It is not kind of Smart DCA.

Learning too many market analysis techniques will actually make us even more confused because as far as I know cryptocurrency price movements are not easy to predict, sometimes what has been predicted is at that price but when there is bad news everything just collapses and doesn't match the price. analysis results.

This is why intelligent investors choose DCA. They are smart because with DCA, they will be able to enjoy their life. They invest to live, not live to invest and if they can find a good investment strategy that does not make them headache, it's good. Traditional DCA strategy can help them to achieve both, wealth and healthier, happier life.

Last week, Grayscale has massive outflow and both BlackRock, Fidelity ETFs could not cover it with their inflows. The recent outflow from Grayscale probably comes from Genesis but if their outflow rate continues, they will have nothing left next 90 days.

Sooner or later, selling pressure from Grayscale redemptions will stop and other new Bitcoin Spot ETFs with majority of purchases from BlackRock and Fidelity will bring Bitcoin on a positive direction.

At the current rate of redemptions, GBTC runs out of Bitcoin to sell in 96 DAYS.

Since GBTC started trading as an ETF on 11th January, Grayscale has transferred 266.47K BTC out of their wallets for GBTC redemptions.

That’s a rate of 25.9K BTC per week.

During the bear market, if the market has been in the downtrend for a long time and the price of bitcoin has fallen significantly. I can go for DCA. And I will be expecting more fall or price increases but I will continue to DCA.

DCA works for both markets as it is for long term accumulation and investment. It does not consider the market is bearish or bullish, just buying regularly on your investment schedule with similar capital value for each DCA time.

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If the market is increasing and and the market is in bullrun, I can go for smart DCA. Because no matter how significant the bullrun is, there are times that would be an abrupt price fall which will give opportunity to buy.

I will prefer the S-DCA , both strategies that can be used to invest in cryptocurrency over time . With the S-DCA , you are going to use algorithm and technical indicators for you to determine the optimal time to invest. In all S-DCA seen as more sophisticated approach that helps you minimize the risk involved and maximize returns. It's very important to know both strategies come with risks and there no guarantee for profits.

Smart DCA is an indicator to help investors to outsmart the market. They want to wait for indicator to buy in, but does it worth?

I don't know but I see it depends on each person and their own characteristics and available capital for investment. If they have enough patience to wait for green light from Smart DCA indicator, and they have available capital for investment, Smart DCA can work well for them, especially in bull market with some big dips along the way to its peak.

If the person is impatient, this strategy does not work well.

Smart DCA also requires an investor to be very disciplined, first for waiting patiently for the Smart DCA signal, second for saving money and wait for chances to Smart DCA purchase.

I think that the DCA method is good for those who want to invest in Bitcoin without thinking too much about the price, and there is no doubt that it pays off in the long run.

With classic DCA, no headache. An investor only needs to do research about Bitcoin, understand about its technology, has belief in Bitcoin, and do DCA.

However, for those who understand the cycles and cryptocurrency markets a little better and also have a larger amount of money, it is definitely better to buy larger amounts of BTC when we are in a bear market and the price is at least 50% lower than the last ATH - and for those who are braver, it is worth waiting for the price which is at least 70% lower.

With Smart DCA, it requires more as aforementioned and you are right that knowledge about Bitcoin past cycles is another factor that is helpful to apply this strategy.

I believe many of us are familiar with Dollar Cost Averaging, DCA but how about Smart DCA.

This thread is for discussion, and I am not concluding Smart DCA is actually Smart and better than DCA.  

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I wanted to remind you about the concept of Smart DCA, purchasing BTC during corrections, when the price drops below the 1W-1M Realized Price.

This strategy works well during a bull rally and is much more effective than classic DCA.

A quick glance gives me that is a good strategy but if I look deeper, it is not actually smart.

By using Smart DCA, simply glance at it, we see entries are below 1W-1M Realized Price but we will miss days, weeks before price drops behind the Realize price (blue line) and miss chances to buy when price is even lower than the Green areas that are entries given by Smart DCA indicator.

Share your thinking about this strategy please.

Personally I see a traditional DCA strategy is better.

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Note:

• It was posted first in that topic, on Bitcointalk
• I leave the source link to avoid plagiarism accusation.
• I excluded/ included minor things from an original thread ^{if necessary}.

Bitcoin Spot ETFs just have a worst day in their money flow so far with a largest outflow day that is a third consecutive red day too.


The author of charts wrote his opinion on this.

The average purchase price (cost) for the $11.57 billion net flows since January 11 is $57.5K for all ten spot BTC ETFs, and $55.1K if GBTC is excluded.

So, another 10% to 13% correction will result in the unrealized profits being at zero.

If BTC does trade to this level, we'll get a big clue about the type of buyer (strong or weak-handed). Yesterday's record outflow from these ETFs indicates, I believe, that they lean more toward the "weak-hands" variety.

From the chart, we can see a big open space under $60,000 and if Bitcoin loses that support, it will potentially drops to about $51,000 to $53,000, the price channel from which it broke out weeks ago.

Will support from Bitcoin Spot ETFs be able to help Bitcoin holds its price above $55,000 to $57,000 in coming weeks?

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