Bitcoin - DCA Guide (Dollar Cost Averaging)
I've found that the Bollinger Bands that I use for investing in the stock market, also do work well for Bitcoin on the weekly chart.
In addition to just regular dollar-cost-averaging (DCAing), you can also purchase BTCUSD aggressively when the RSI falls below 40 and/or price goes below the lower Bollinger Band.
I do not however recommend taking profit at the upper Bollinger Band. This is because when Bitcoin again goes on it's raging-bull / moon-run rampage, it will disrespect both the upper Bollinger Band, and the RSI.
This strategy is best used as a companion to regular DCA methodology.
Note: Disregard the strategy performance chart below, as the Bollinger Robot is not tuned to buying crypto - so there are insufficient orders for the performance chart to show.
In addition to just regular dollar-cost-averaging (DCAing), you can also purchase BTCUSD aggressively when the RSI falls below 40 and/or price goes below the lower Bollinger Band.
I do not however recommend taking profit at the upper Bollinger Band. This is because when Bitcoin again goes on it's raging-bull / moon-run rampage, it will disrespect both the upper Bollinger Band, and the RSI.
This strategy is best used as a companion to regular DCA methodology.
Note: Disregard the strategy performance chart below, as the Bollinger Robot is not tuned to buying crypto - so there are insufficient orders for the performance chart to show.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.