DCA for new crypto investor
DCA for new crypto investor
I plan to allocate 250$ a month for crypto.
I plan to spread it like below. I did some research, ofc it’s all GenAI based and I came to this conclusion.
I do have some expo to crypto ETFs like IBIT ETHA but i wanted to checkout the real thing.
I plan to buy, DCA and hodl for long term.
Thoughts and suggestions appreciated.
BTC 80$
ETH 60$
SOL 30$
LINK 20$
XRP 10$
ADA 20$
HYPE 15$
TRX 15$
Heavy on alts relative to BTC. Mathematically, simplify: BTC 60%, ETH 25%, one alt 15%.
Cardano’s holders – especially the whales – are very stubborn, and that keeps ADA’s market cap high, but in a technical point of view Cardano is now completely outclassed by other networks and I don’t see how Cardano could catch up or hold any niche use.
Tron is a very centralized kinda fast network. It is natively EVM compatible iirc, but it’s not really an advantage nowadays. Most chains found a way to be more or less EVM compatible. Also outclassed.
XRP still didn’t solve their problem with liquidity fragmentation and with the verification of issuer’s reliability, and I’m not sure the core team even started working on solutions (they have ideas…). The problem with low general liquidity depth and low network effect is in the process of being solved with bridges. One is fully operational, but it didn’t make XRPL an active place for day trading. Even the institutional use is actually quite limited. If XRPL doesn’t improve quickly it will only have a very narrow niche. I have some XRP but I don’t hold out much hope on it.
Hyperliquid is a CEX with a decentralized blockchain disguise. It is currently the best for HFT (High-Frequency Trading). It is not doing anything else that is relevant afaik.
BTC, ETH, SOL and LINK are all strong bets for different reasons. None of those is likely to collapse in a foreseeable future.