Buying when it’s low seems pretty intuitive to me: Bitcoin spends many months dragging along the bottom of its current floor and you just load up.
I find dollar cost averaging out a little less clear.
Is it just a matter of figuring out when the bull market is starting to take off and then selling?
For people who do this successfully, do you have a number in mind or percentage ” when bitcoin’s price hits x start selling?
Is there a widely recognized formula?
Do you dollar cost average out at the same rate that your dollar cost averaged in? For example dollar cost average in $50 a week and dollar cost average out $50 a week?
Thanks in advance and any feedback is appreciated.
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