/biz/ - Business & Finance

does no one else DCA in crypto? you guys just ape in or something? wtf no wonder everyone on this board is fucking broke

I've been DCAing GRT for the past year

dcaing is the only wise move, smart choice anon just stay persistent

>>55266078
A lot of us do, but $250 per week spread between a few coins is laughable at best. If I said I "DCA about 50 cents into Bitcoin every week. Will I be rich in 2 years /biz/???" as a thread, would you respond?

>>55267085
Fuck this demoralizing cunt, keep on DCAing.

>>55266016
>>55266078
awesome work anon... when I first was getting into crypto I only had $50 a month to work with so I would put it all into eth til I built up about $300 than i'd invest in some shitcoins. it went tolerable til I got lucky with a stack of shiba inu. than my investments were able to pick up since I had more to work with. But as for your plan some will go you arent putting enough in and you arent but you're working with what you have so keep it up and keep stacking for years if you have 2. good stuff man.

>>55266016
DCA is a good strategy anon. So is Index trading. AstraDAO gives you that opportunity. Whatever works for you of course.

>>55267253
>shitcoins
Now isn't time for it. Funds are beginning to move back to goods alts. Whales are accumulating and holding. Time to find gems, particularly those that have non custodial advantage.

>>55266016
you aren't really splitting your folio between 20 coins are you anon?

>>55266016
I will outperform you anon.
My portfolio: 80% wstETH, 10% ETH, 10% MINA

>>55266016
I get that you want to diversify and that's not bad advice as such, but most of those are not only shitcoins not worth investing any money into, they are high-beta BTC, meaning they go up and down with BTC, just fluctuating stronger. While they are superior to leveraging BTC because you can't get nominally liquidated, altcoins in general decouple from BTC after a while as the hype leaves them - thus you can get liquidated in real terms. Imagine them being leveraged tokens on BTC (analogously to a triple-levered S&P500 ETF). Yes, you won't lose the tokens, but they can go to 0, just like the shares in the triple-levered S&P500 ETF can. You are basically buying various kinds of levered BTC - and, if you notice, any given altcoin does generally die upon a BTC crash. This is not a recommendation to lever BTC, as the path-dependence will kill you just as with the altcoins, but a pointing out of what it is you're actually doing. I have several of those shitcoins too,, and there is some chance that they'll go somewhere, but I wouldn't hold my breath.
Several or the tokens are also specifically poor investments even as leveraged BTC.

Too many dead altcoins from last cycle. Just stack BTC and wait for a better market to buy new shiny alts that don't have years of dejected bagholders.

I'm still DCA-ing into Solana. Am I retarded my basterds?

>>55266016
>AVAX
>HBAR
kys you nigger shill

I've been trying to find a good 2nd alt to buy for my crypto folio. I can't seem to find any but any recs? Or do i just go full BTC?

>>55269812
Forgot pic

>>55269812
If you’re not knowledgeable of HBAR I would look into that. Alts are in a fire sale, and if you have conviction it’s a good buy opportunity.

>>55267245
He's right
>>55266016 Choose one coin you stupid cunt

I DCA every check since 2023
with every purchase I feel more retarded and niggerlicious
I just hope we see bullrun once again
but it's painful desperation

>>55266016
Delete ADA, HBAR and all the shitcoins below and you got yourself a godfolio. Maybe add some LINK.
>BTC (store of value)
>ETH (normiecore defi)
>AVAX (defi & institutional adoption)
>LINK (oracles)

>>55273037
Explain what is bad about HBAR, preferably compare and contrast HBAR and AVAX.

>>55266016
>ADA
>HBAR
Not gonna make it

>>55266016
holy fuck that's a terrible list of shit to DCA into. BTC and ETH are the only ones that will make ATHs

>>55266016
>HBAR
>TOPKEK

>>55269812
>>55269838
QNT is a good alt to buy at right now

>>55266016
Very wise move doing DCAing but for God's sake get HBAR and ADA out of there. I don't know how you put together such a good portfolio and then BAM in the end you stick those shits in.

>>55266016
Very wise move to do DCAing but for God's sake get HBAR and ADA out of there. I don't know how you put together such a good portfolio and then BAM in the end you stick those shits in.

>>55267075
I've already been DCAing AVAX for a while with some good results so far

>>55274403
>>55274175
>>55273312
HBAR fudders never have an argument with substance. For all the lurkers don't get fudded by a tranny

>>55275003
centralized globohomo vc scam whose founder looks like he rapes and murders young boys

>>55266078
you're diversifying way too much that's going to be a pain in the ass to keep track of every project unless you're just not going to bother

>>55266016
>$15 to AVAX
W

>>55266016

$35 to ETH
$15 to AVAX
$10 to ADA
$10 to HBAR

>>55272823
Lmao same here
Two more years??

>>55266016

That's how much I put in each month in xmr, btc, link, hbar

>>55267852
Anon, I'll get inside your brain. I can't share my portfolio on biz with retarded pajeet. They will only find out when I obtain peaq by participating in the KREST public sale.

>>55276997
I keep saying that the potential that lies in DePIN is so massive that it could disrupt the conventional ones.

>>55266078
I DCA $2k into BTC each month, I will be a wholecoiner this year

>>55266016
just DCA Bitcoin dude and stop wasting your money..