BTC breaks an eight-month high today. ₿ 🚀 This is proving why sometimes you have to be willing to take some pain, stick with your conviction through the downturns, and keep DCA’ing when everything is red. I’ve continued averaging down on several of my BTC and crypto-related ETFs, and that patience is starting to pay off. My strategy with $MSTE remains the same: continue to DCA until I reach break-even. I’m currently holding 30,750 units at a $4.36 average. I’m also starting to shift where some of my monthly distributions are going. Current positions generating income include: • 1,125 $HBIX @ $7.54 average • 2,800 $CNYE @ $6.63 average • 3,000 $ETHY @ $1.73 average I’m beginning to deploy distributions from these positions into building a position in $BDAY. Once MSTE reaches break-even, I plan to redirect some of its monthly distributions into BDAY as well, with a longer-term target of roughly 5–10% of my portfolio. I’m also using some of the MSTE distributions to build out my income diversification—starting a position in $SDAY and adding to $QDAY and $CDAY. At the same time, I’m keeping some distributions as dry powder so I have capital available if we get another meaningful market correction. The goal hasn’t changed: build monthly income, diversify over time, and use distributions from my higher-risk positions to gradually build out the rest of the portfolio. Where are all my BTC and crypto believers at? And I mean the ones who were still buying when everything was red—not just the ones jumping on the bandwagon now that things are green. 😂 ₿
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11 Comments
Lisa
@retired · 9d
I’ve been here the whole time. This ride up feels good 👍🏻
Jay @motivated_jay · 9d
Kyle T@kyletfreedom58 · 9d
A I S
@a.i.s · 9d
Excellent strategy
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