DCA vs. Opportunistic Entry: My Stance on Dogecoin
Been thinking a lot about the common advice to just DCA into everything, especially for longer-term crypto plays. For something like $DOGE, currently floating around $0.072269, I struggle with the idea of blindly buying a fixed amount every week. With its volatility and the fact it often moves on sentiment more than fundamentals, wouldn't waiting for clearer accumulation zones, perhaps closer to its daily low of $0.07107493, be a more prudent approach than simply averaging up or down without discretion?
I get the simplicity of DCA, but in these highly speculative assets, it feels like it leaves too much money on the table or, worse, commits capital at less-than-optimal levels. Am I overthinking it, or is pure DCA just too simplistic for this market?