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DCA calculation; If I take profits, does that essentially help lower my DCA?
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For example, just for using easy numbers.l and basic example:
If bought 3 BTC for 20k. DCA = 20k. (60k) total.
Now price is 40k and I sell one.
Out of my 60k (3BTC) investment, I have 40k returned. Remaining investment = 20k, and I still have 2 BTC. So essentially my DCA is lowered to 10k.
Is this the correct reasoning?
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- 10 months ago
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