- 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. I have been applying the DCA strategy for BTC and top coins since 2023 and am still continuing to do so. The rewards from the signature campaign on AltcoinsTalks can also be considered a part of the DCA strategy, around $40 per week.
2. BTC and ALTs are two sides of the same coin: there is a bitseason, there will be an altseason, so investors can diversify their portfolios with ALTs. I have also stopped actively DCA BTC to save capital for DCA ALTs, I focus on ETH and some other top coins like ADA, DOT, AVAX, NEAR... because they are quite safe.
3. I have gone through a phase of referring to other people trading opinions to imitate or adjust my strategy. Now I proactively analyze the market and share my views on AltcoinsTalks, then I receive feedback from the community to perfect my analysis and prediction.
I think that your opinion is appropriate right now. I am also agree with your prefer comment. I am also believe that if we stop DCA bitcoin and start DCA altcoin, i think that it will be appropriate in this situation. Because if we follow in cryptocurrency market, we can see that bitcoin is not stay in very well position. So if we want to create in DCA altcoin, suppose: ETH, ADA, DOT, AVAX etc coin is very perfect. So i think that we should trying to analysis in this crypto.
Every single individual in the Crypto space has a much more stronger belief in Bitcoin than any other ALTs.
At my early beginning in the Crypto industry, the most popular cryptocurrencies were BTC, ETH and LTC, I heard alot of people making positive reviews about this tokens as of then. Now, where is ETH and LTC? Most people now see these tokens as shitcoins because they couldn't maintain the same pace as Bitcoin.
From my point of view, BTC remains the King of all cryptocurrencies and as long as any individual can purchase it bit by bit with the DCA method, then there's no reason to stop.
On the other hand, it is still okay to diversify the portfolio by adding some ALTS too but BTC should not be forgone.