Nice work CC! I'm not much of a TA person so it makes a nice change hearing more about macro , especially you saying don't worry if you don't understand it all-phew what a relief to hear u say that ,half thought I was losing my mind trying to grasp it all-:))
I appreciate the work and imo detail you put into your work for us all to enjoy. Quiet remarkable!
Let's say I have 100k. I decided to put in 10k every month. During the next 3 months, we stayed in the 30% range, that is, I invested 3k x 3 (9k) and saved 7k x 3 (21k).... in the fourth month, we dropped to the 70% range. What should I do? invest 7k this month plus the 21k.0.7% k accumulated? I would like an example with real numbers, as time passes, and we change ranges.
The money set aside would be for a drop of your own discretion.
It would ideally be invested after the drop in price (in this case the 70% scale in zone) you would then continue to scale in at a 70% rate.
So then, let’s also say the opposite happens, and price rises.
You would still have the money set aside to buy. As long as we are still in the scale in zones, you would still be waiting for a large drop in price to buy.
Let’s use your numbers. You would have invested 9k over a period of 3 months. Bitcoin drops deeper into the 70% scale in zone. You now use all the money you have set aside to buy at this drop (21k)
Then, you would invest at the new rate, 7k per month. (Spread out how you like)
In the second scenario price goes higher in the 30% scale in zone, you continue to add 3k per month. You wait for a large drop in price to allocate your money set aside. (As long as this drop is in the buy zones)
Nice work CC! I'm not much of a TA person so it makes a nice change hearing more about macro , especially you saying don't worry if you don't understand it all-phew what a relief to hear u say that ,half thought I was losing my mind trying to grasp it all-:))
I appreciate the work and imo detail you put into your work for us all to enjoy. Quiet remarkable!
Thank you
Yes no point worrying about it! Especially when no one knows when the pivot will take place.
I take pride in my work and doing my best for you all! Very happy to hear you enjoy.
You are very welcome friend.
About DCA...
Let's say I have 100k. I decided to put in 10k every month. During the next 3 months, we stayed in the 30% range, that is, I invested 3k x 3 (9k) and saved 7k x 3 (21k).... in the fourth month, we dropped to the 70% range. What should I do? invest 7k this month plus the 21k.0.7% k accumulated? I would like an example with real numbers, as time passes, and we change ranges.
Great question!
The money set aside would be for a drop of your own discretion.
It would ideally be invested after the drop in price (in this case the 70% scale in zone) you would then continue to scale in at a 70% rate.
So then, let’s also say the opposite happens, and price rises.
You would still have the money set aside to buy. As long as we are still in the scale in zones, you would still be waiting for a large drop in price to buy.
Let’s use your numbers. You would have invested 9k over a period of 3 months. Bitcoin drops deeper into the 70% scale in zone. You now use all the money you have set aside to buy at this drop (21k)
Then, you would invest at the new rate, 7k per month. (Spread out how you like)
In the second scenario price goes higher in the 30% scale in zone, you continue to add 3k per month. You wait for a large drop in price to allocate your money set aside. (As long as this drop is in the buy zones)
Hope this helps!
Yes, it helps a lot! Tks!!!
Well done! Love the details but also the wide spectrum you cover!
Thanks so much again Dorian!
Decided it would be good to talk about the macro this time given how much fear surrounds it, hope this helps put some minds at ease.
Have an awesome day!