I analyzed ~2,000 cryptocurrencies over the past 8 years to create an effective DCA strategy for the crypto market
I was wondering if you knew how I could reproduce what you did.
First of all, did you get the top traded currencies based on volumes ? Felt like it was it but not sure.
Also I was wondering how one would go about getting the top 10 traded currency of the month. Of the last 7 days is information that's given but of the last 4 weeks, I'm not too sure how to get that info.
Last but not least, let's say you buy the first month the top 10 crypto, the next one, do you add X amount you want to invest + sell the ones you bought the last month ? Or do you keep them and buy the next top 10 ?
Thank you for all the work you put behind this . It’s really appreciated
You made it on the Graham Stephan YouTube channel https://youtu.be/-Hbu2nKVJR0
Can you share the same analysis but investing in the top-10 monthly by market cap? Does this change the results drastically? Thanks and amazing analysis!
I'm a full-on noob with regard to crypto's, but does this strategy imply that every month you sell the top-10 of previous month and buy the top-10 of this month (assuming that there is no overlap). Or that you just keep everything you bought and just invest a small bit every month in the current top-10?
Also, I can't seem to find a link to be able to become a paid subscriber. Would you be so kind as to share it, please? Thanks again :-)
I really want to thank you for all the hard work that you must have put into this analysis. I was looking for an improved version of the DCA strategy and this is it!
I was wondering if you included stable coins in the monthly top 10 or if you left them out. Personally, I don't know what the point would be, but I would really value your opinion.
Again, thank you so much for this priceless analysis!
I'm also a noob when it comes to crypto. I would just like to know if there's a method of knowing whether a coin is a stablecoin, or better, a list that includes all Stablecoins. I am planning to utilize this promising strategy in time for the upcoming new year.
I loved it, thanks for this content, great! I came here because of the youtube channel Mateus Rapini, he shared this amazing material.
Hi, I searched and found where we can see the 10 most traded cryptos, this is the link: https://coinmarketcap.com/currencies/volume/monthly/
Good luck for everyone!
Hi Market Sentiment.
Did your weighted investing based off of trading volume include buying Tether USDT?
Tether (USDT) is a guaranteed 0% return... its utility is being pegged to the USD and not changing in value.
Including this every month would have been a very large portion (between 35 and 70% of each months trading volume) of your monthly investment.
No Sane man would buy Tether expecting any kind of return, if you re-run the numbers you should find that the gap is far less than the 5000% youve claimed....
Why wouldnt you exclude this currency from your calculations?
This is very well insightful and timely. Have you ever attempted to replicate this strategy with value averaging rather then DCA? I have conducted some research and have found the returns to be rather favorable. However, this is in relation to the stock market and not crypto. Thanks
Late reader here. Did you build a system to automate the monthly investment process? It would also be interesting to see how this strategy did in 2022.
Hi mate, thanks for sharing awesome knowledge as usual! Did you ever consider to do a similar post with maybe the top 5 or 3. My thinking is (and my own situation) that many readers might have limited money to throw at the markets, like what i see is that there is a standart fee for buying on coinbase for example. So the smaller the amount you allocate to each coin, the bigger % you "lose/pay" to fee's. So if doing the same thing with top 5 would also create create upside, then readers could allocate more per coin for the same total sum, thus paying less in fees.
Have you considered sharing the findings of a similar strategy but the top 7/5/3 ish coins?
Would be nice to have a follow up on this piece as i see alot of attention for this article :)
Keep up the nice work.
Others tend to make weird predictions of coins being either store of value, or boom-and-bust coins. It would be best to find common patterns among multiple Bitcoin-parity Oscillators.
1. Would the idea be either to capture values of "rising" Oscillators, or exit early on Degenerators?
2. Can this strategy be paired with other high-security strategy into a more barbell-like format (see for example the memetic 1:99 portfolio with 99% cash or bonds or gold)