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w_s_bitcoin / Wicked
npub14uh…ez89
2023-02-16 21:21:32

w_s_bitcoin on Nostr: Lump sum (LS): one initial all-in purchase Dollar cost averaging (DCA): even ...

Lump sum (LS): one initial all-in purchase

Dollar cost averaging (DCA): even purchases made over a period of time

LS is a much better #bitcoin savings strategy compared to DCA.

The following analysis calculates the returns of each strategy across multiple time periods.

The longer the time period, the more likely LS will outperform a daily DCA strategy. In general, LS outperforms on up swings and DCA outperforms on down swings. Over the 3 & 4-year periods, the only time DCA outperforms is near cycle tops!

🟠: Lump Sum > DCA
🟢: DCA > Lump Sum

https://pbs.twimg.com/media/Fo9CkjcWYBYOyk-?format=jpg&name=large

These figures show the returns for each analyzed period and with varying degrees of an initial LS + daily DCA. The bottom represents a 100% daily DCA strategy and the top represents a 100% LS strategy. The middle would be a 50% initial LS + 50% daily DCA strategy.

https://pbs.twimg.com/media/Fo9C7vTWYA4GFQY?format=jpg&name=large
https://pbs.twimg.com/media/Fo9C9r_WYA0uUw0?format=jpg&name=large
https://pbs.twimg.com/media/Fo9C-5PWYAUO_Fo?format=jpg&name=large
https://pbs.twimg.com/media/Fo9DAP-WYBwmeyL?format=jpg&name=large

Over all time periods, the median return of the LS strategy is much greater than the median return of the daily DCA strategy. The longer the time period, the more pronounced this difference becomes.

LS is a high risk, higher rewards strategy. DCA is a more conservative strategy.

https://pbs.twimg.com/media/Fo9Dj31XEAA1ksv?format=jpg&name=large
https://pbs.twimg.com/media/Fo9Dp-xWYBIMIhM?format=jpg&name=large
https://pbs.twimg.com/media/Fo9Dqw0WYAIs07c?format=jpg&name=large
https://pbs.twimg.com/media/Fo9DrlxXsAE9jRk?format=jpg&name=large

In summary, the LS strategy consistently outperforms the daily DCA strategy across every analyzed time period and throughout all of #Bitcoin's history.

When saving in #bitcoin, time in the market beats timing the market!

Data source: Glassnode

Sponsors: BTC Times & Satoshi’s Journal

V4V donations gladly accepted! ✌️🍎🍻

https://pbs.twimg.com/media/Fo9J4XjXwAEQpxK?format=jpg&name=medium
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