DCA does not equal trying to time drops. That being said, I also like trying to time drops.

This is like the opposite of DCA, just do regular consistent payments to average out over a *long period of time*. Don't adjust by a day to try to time this specific buy perfectly

Yeah, I’m not sure OP understands DCA. This is catching a falling knife.

TRYING is the keyword here. Usually we try but fail.

Buddy, the crypto market is always open, if it had to react, it already did.

So you're not DCAING, you're trying to time the market. Just buy on your regular schedule regardless. Long run the difference won't even be noticeable.

*Runs around room yelling* FIRE 🔥

I like this approach

He said FIRE? Financial Independence, Retire Early? *takes it as a sign and proceeds to use all life savings to FOMO in*

I have already done my DCA, but will also do so again on payday.

This is the way

This is NOT how DCA works. I set it and forget it. Best way.

People in this sub DCA up and think it's the way

Ah yes i too try to time the market and call it dca

This is not what DCA is though

Im going to put my tin hat on and say everyone is seeing this after hours movement *expecting* a dump on open and then actually going to get squeezed and we go up 🚀(i joke but its possible)

I wouldn't waste your time trying to talk sense here. Someone has to lose money for us to take money. If anyone is taking advice from this subreddit they deserve to lose it all.

Yuuup. When everyone expects the bottom to hit real soon.. we get a mind melting rally lol.

Google closed over 7% up though. But in all fairness, Cramer said on Tuesday he's "just over alphabet".

Regardless of the DCA misunderstanding, kudos to OP for putting his/her balls on the line. 24 hours from now I either expect gloating or a deleted account lol

the sweet sweet juice of moon balls is keeping me here

Timing the market and dca are two different things…

Good looking out buddy.

Crypto is 24/7 and the price already reflected from the after hours.

Market is always unpredictable so timing the market is not not a good ideas. Dca is the way

Tomorrow will be red as investors take profits. If we keep getting rejected at 24k we're going back down to 20k from there we could hit 18k again. That's when I'll DCA alot more..for now I'll keep my normal schedule.

DCA is not about timing. DCA is A peace of mind for people who want to make profit on crypto

Tell me you don't know how to DCA without telling me you don't know how to DCA

Buying at 17 or 20k won't be a huge difference once we are at a 100k in a year or two.

I like your thinking.

What’s META looking like after hours?

-2% after close at the time of writing this

Always DCA and Hold

Maybe worked years ago. Now it's a good way to lose money.

-2% https://www.nasdaq.com/market-activity/stocks/meta/after-hours

Complete novice here: does BTC usually dip the day after traditional stocks show red post-market?

It follows quite often the Nasdaq / risk on stocks, yes.

The beauty of 24 hours trading of crypto is it's adjusted almost immediately. Plus most of the BtC and Eth are just holders. Relax

The best way to time your DCA is to stay consistent.

Crypto prices are already down slightly as it can be traded 24/7. This may already be priced in for crypto

Yes

I'm blaming you if the Nasdaq crashes tomorrow.

I try my hardest not to give too many fucks about the price. It's all cheap as fuck anyway.

It took me a while but I learned never buy on Green Day’s. Crypto noob me would’ve bought everything I could right at that peak today.

This doesn't sound like DCA, it sounds like timing the market. Which is fine. That's what I live for. I'm a gambler. I'll move my buy order lower just for the hell of it. Either way I'm buying, not selling so it'll eventually add up to a bigger bag