Which stacking strategy do you use? Dollar cost averaging? value averaging? BTFD?
just curious, thanks
I buy when I have some FIAT stacked up and the price seems reasonable The recent drop in prices has made my DCA a good bit lower. It’s now about $33 an ounce. Additional, as I recently liquidated assets I bought into the market price to avoid leaving cash in the bank account.
Been getting 4 oz a week for a while now. My DCA
is still pretty high, but coming down. I BTFD in addition, carefully, as impulse pushes me.
Buying the dips has helped DCA quite a bit. For me it all boils down to
consistently exchanging a portion of my currency for real money. I choose to
Save in Silver.
I BTFD when I have a pile of fiat saved up.
Buy when I have spare fiat no matter what the price.
I buy a set dollar amount every week no matter the price, I buy more on dips.
All depends on how much money you are talking about. Small stackers should just buy on a regular basis. If you are talking $100k or more then time the dips, not hard because the boyz always hit the price around options expiry or first notice day. Plus you can get better pricing when purchasing multiple green monster boxes.
BTFD??? I assume this means buy on the dip, but what is the acronym?
I do the DCA and buy heavier on the dips.
My DCA is ridiculously low, prolly around $20
But inching UP
BTFD – Buy the Freaking Dip is the nicer version. The more “vulgar”version is what everyone means.
Whenever I save a big enough pile of fiat and time it with a big enough dip in the paper price is my strategy mostly. I usually buy massive buys of bullion like ASEs this particular way. Other times if I have a few extra hundred fiat I search around and get the coins I want as more of a “collection” than a savings account. ie Pandas, SBSS rounds, Kookaburras etc.