đ DCA using the fear and greed index is the most profitable strategy for investing in BTC
The user decided to analyze the profitability of different investment strategies based on Dollar Cost Averaging (DCA). The experiment was conducted from March 17, 2018 to September 9, 2023.
1ïžâŁ The first and simplest strategy is to buy $100 worth of Bitcoin per week. It gave 124.8% profitability.
2ïžâŁ The second strategy is a multi-level purchase:
$150 during âextreme fear.â
For $100 - during the âfearâ.
At $75 - during the neutral period.
For $50 - during âgreedâ
At $25 - during âextreme greed.â
She showed a 140.1% profit.
3ïžâŁThe third strategy involved, in addition to multi-level purchases, also selling 5% of accumulated bitcoins every week during âextreme greedâ in the market. Here we got 184.2% profit.