It never fails, on the day I dollar cost average bitcoin, it’s near a peak value for the month:
Looking at the chart I made, the red dot representing the “buy” days looks like a fucking mountain goat. It loves being on a peak, and then that price just goes down, until it gets near the 20th of the month and you can damn well guarantee it’s going be a peak. And the cycle continues.
If I had any control over this, I’d change my dollar cost averaging day to like the 16th of the month or the 25th . The days right before and right after the 20th are down days (at least this year they have been). But I don’t have control. My DCA is a monthly reward I get from one of my credit cards.
You’re welcome.
submitted by /u/SumthingBrewing
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