Seeing DCA strategy been discussed a lot. But what about a "ladder-down" limit order strategy? Let me know your thought please!

Hey all,

I'm attempting to provide you with a method so as to add some extra sats within the 2nd half of the 12 months for the the subsequent bull run. Given I already maintain some, I don't wish to chase any pump or fomo in. So as a substitute of a conventional time-based DCA technique, I'm pondering perhaps it's a greater concept to "ladder-down" restrict purchase orders based mostly on worth (don't know if there's a greater identify for this). Under is an instance.

https://preview.redd.it/26bywffnhf9b1.png?width=312&format=png&auto=webp&s=ef4c640d2d7c6ef9ab0cd10f9da5df290be9775c

IMO, evaluating to DCA, this has at the very least 2 benefits –

1. I personally view worth as threat. This implies I solely purchase when the chance is decrease and mechanically keep away from it when threat is larger.
2. This permits me to seize the draw back volatility, aka "wicks". These will not be very unusual for BTC and a restrict order is principally the one method to seize them.

There are additionally 2 disadvantages –

1. If the value goes sideway, I received't have the ability to add any.
2. Danger of leaving cash on an change and the chance value of not having it in a safer place the place you will get 5%+ now.

I needed to see what do y'all take into consideration this? What am I lacking? Any thought, remark, or critic is extremely appreciated!!