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Guide - Best Way to Buy Any Coin (Better than DCA)

All Cryptocurrencies

by COINS NEWS 299 Views

Hey Investors,

I am sure most of you guys are really new to Crypto world and might be using techniques like DCA to create your own portfolio for future/long term investments. Guess what? For you guys, I want to share a really great technique on When to Purchase any Coin.

NOTE: This is a guide comparing DCA to my technique. Please read carefully if you are really looking for maximum profits out of your investments.


Let's begin.

I am Joe, I have $400 to invest. Someone on Internet told me to start with DCA and I am doing real good until one day, u/ImThour showed up with his technique on how to buy any coin at right time. Here is a quick difference of Average Cost of Buying via DCA and His Technique.

Average Cost via DCA (Bought $100 worth of BTC Every Monday): $34174.25

Check Chart For Dates

  • Day 1 (5th July, 2021): BTC Bought @ $35274
  • Day 2 (12th July, 2021): BTC Bought @ $34264
  • Day 3 (19th July, 2021): BTC Bought @ $31780
  • Day 4 (26th July, 2021): BTC Bought @ $35379

Average Cost via His Technique (Bought $100 worth of BTC each Time): $32545.5

Check Chart For Dates

  • Day 1 (5th July, 2021): BTC Bought @ $33590
  • Day 2 (8th July, 2021): BTC Bought @ $32659
  • Day 3 (13th July, 2021): BTC Bought @ $33095
  • Day 4 (20th July, 2021): BTC Bought @ $30838

Damn, That's a difference of almost $1628.75 in Average Cost of Buying.


What's the technique? It's really simple.

  1. Go to https://www.tradingview.com/chart/
  2. Select your Coin you want to buy
  3. Set Chart Timings to 4 Hours
  4. Click on Indicators and add Stoch RSI
  5. Only Buy when Stoch RSI crosses each other below 20.
  6. That's it, you have bought at the perfect time.

Thanks for reading till this sentence. Not sure if someone posted this before or it's an exclusive to this subreddit. I have never seen someone suggesting this before and surely, it's an easy way to invest in most of the coins in the market.

submitted by /u/ImThour
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