[{"data":1,"prerenderedAt":513},["ShallowReactive",2],{"project-15117037":3},{"id":4,"name":5,"line":6,"line_source":7,"title":8,"url":9,"domain":10,"maker":11,"posted_at":12,"year":13,"points":14,"comments":15,"rank_in_year":16,"shown_in_year":17,"top":18,"tier":19,"category":20,"subcategory":21,"format":22,"keywords":23,"reception":28,"sentiment":29,"stance_mix":30,"scored_comments":35,"aspects":36,"strip":46,"post_text":48,"what":49,"said":52,"maker_in_thread":134,"shape":136,"grid":141,"attempts":474,"same_week":475,"maker_shows":33,"maker_hidden":505,"reader_version":506,"card":507},"15117037","bitcoin-trading-dca","Bitcoin investing using Dollar Cost Averaging strategy","title","Show HN: Bitcoin investing using Dollar Cost Averaging strategy","https:\u002F\u002Fgithub.com\u002F0x13a\u002Fbitcoin-trading-dca","github.com","_b3dj",1503933173,2017,170,120,214,2242,10,"notable","finance_crypto","bitcoin dollar cost averaging bot","other",[24,25,26,27],"bitcoin","dollar cost averaging","crypto investing","bitcoin bot","curious",-0.312,{"positive":31,"neutral":32,"mixed":33,"critical":34},4,28,1,21,54,{"pricing":37,"execution":40,"idea":41,"privacy":44,"docs":45},{"positive":38,"critical":39},0,2,{"positive":38,"critical":39},{"positive":42,"critical":43},3,16,{"positive":38,"critical":33},{"positive":38,"critical":38},[38,38,38,38,38,33,39,39,39,38,33,38,33,33,33,33,39,42,42,31,33,38,42,47,33,39,33,33,39,39,38,42,42,38,38,38,47,42,42,42],5,null,{"problem":48,"audience":48,"pricing":48,"motivation":48,"time_to_build":48,"stack":50,"openness":51,"stage":51,"team_size":51},[],"unknown",{"praise":53,"objections":62,"requests":96,"questions":104,"alternatives":112},[54],{"value":55,"source":56,"evidence":57},"Dollar cost averaging is a simple, useful strategy for volatile assets","commenter",[58],{"id":59,"by":60,"text":61},"15117959","simo7","\"Bitcoin investing\" sounds a bit like an oxymoron to me (more like speculating). Anyway, dollar-cost-averaging looks like a great strategy if you are very bullish on a asset…",[63,74,81,89],{"value":64,"source":56,"evidence":65},"Transaction fees are ignored and would erode the invested amount",[66,70],{"id":67,"by":68,"text":69},"15117733","netinstructions","The example says they want to invest $1000 over the course of 3 months, so 1000 \u002F (3 * 30) = 1000 \u002F 90 = ~11$ \u002F day. But aren't the transaction fees (at least for Bitcoin)…",{"id":71,"by":72,"text":73},"15117737","fiatjaf","You're right. All these investing \"strategies\" ignore these costs.",{"value":75,"source":56,"evidence":76},"Dollar cost averaging is market timing and can underperform lump sum investing",[77],{"id":78,"by":79,"text":80},"15118926","brndnmtthws","Another problem with DCA is that it's a classic case of \"timing the market\". If, over the course of those 3 months, the value of the asset you're purchasing consistently…",{"value":82,"source":56,"evidence":83},"Bitcoin investing is more like speculation than investing",[84,85],{"id":59,"by":60,"text":61},{"id":86,"by":87,"text":88},"15117331","gnaritas","Trading != investing, dollar cost average is an investing strategy, not a trading strategy; you have an investing bot, not a trading bot.",{"value":90,"source":56,"evidence":91},"Script stores exchange API keys in plain text",[92],{"id":93,"by":94,"text":95},"15121776","qmachu","I am sorry to say that but this script is quite laughably naive. It even includes storing your exchange API keys on plain-text on disk. Yum!",[97],{"value":98,"source":56,"evidence":99},"Show backtest graphs of DCA at different times and amounts",[100],{"id":101,"by":102,"text":103},"15141228","popman","When I saw this initially, I thought this'd be a bunch of graphs detailing how you would have done to invest using DCA at different times in the past, and at different amounts.…",[105],{"value":106,"source":56,"evidence":107},"Why is DCA still used given evidence it underperforms?",[108],{"id":109,"by":110,"text":111},"15119004","ucaetano","There is plenty of empirical evidence showing that DCA doesn't work, and only provide a psychological value. Why are people still using it? And for Bitcoin?",[113,120,127],{"value":114,"source":56,"evidence":115},"Moving average tactical allocation strategy",[116],{"id":117,"by":118,"text":119},"15117857","pdog","A better approach with an extremely volatile asset like Bitcoin is a simple tactical asset allocation strategy. For example, the following system significantly outperforms both…",{"value":121,"source":56,"evidence":122},"Coinbase recurring purchases and GDAX",[123],{"id":124,"by":125,"text":126},"15120995","rothbardrand","FWIW, this is a feature on coinbase-- you can just have them ACH charge your bank account a fixed amount each day, each week, each month, etc (each hour maybe?). Unfortunately…",{"value":128,"source":56,"evidence":129},"coinsavers.net DCA website",[130],{"id":131,"by":132,"text":133},"15122935","mrosseel","a few years back I made a similar DCA website, you can find it at: https:\u002F\u002Fcoinsavers.net The site has helped me to take the timing anxiety out of buying; it was initially made…",{"comments":38,"answered":38,"key":135},[],{"commenters":137,"max_depth":138,"maker_replies":38,"first_comment_mins":139,"lifespan_hours":140},80,9,30,77,[142,146,148,152,155,157,159,163,166,169,172,174,176,179,181,184,186,190,192,193,197,200,204,206,210,212,215,217,220,222,224,227,231,234,237,240,243,246,249,251,256,259,261,264,267,270,272,274,277,279,280,283,286,288,291,294,296,299,302,305,308,309,311,314,317,319,322,325,327,330,332,335,338,341,344,347,349,352,355,357,360,364,367,370,373,376,378,380,383,386,388,392,395,398,401,403,408,411,414,418,421,424,427,429,432,434,436,439,442,444,446,448,452,456,458,460,463,465,468,471],[143,38,38,144,145,38],"15117933","commenter\u002Fneutral\u002Fidea","gtrubetskoy",[147,38,38,144,60,38],"15118005",[149,38,38,150,151,38],"15118594","commenter\u002Fneutral\u002Fpricing","AgentME",[153,38,38,150,154,38],"15122663","Buge",[156,38,38,150,151,38],"15143412",[158,38,38,144,145,38],"15123850",[160,38,38,161,162,38],"15119167","other\u002Fneutral\u002Fnone","icelancer",[164,38,38,161,165,38],"15119477","nodesocket",[167,38,38,161,168,38],"15119528","benmowa",[170,38,38,161,171,38],"15120745","asddddd",[173,38,38,161,162,38],"15121670",[175,38,38,161,162,38],"15121548",[177,33,38,161,178,38],"15117954","nfriedly",[180,39,38,161,72,38],"15117888",[182,39,38,161,183,38],"15119665","trophycase",[185,39,38,161,72,38],"15120022",[187,39,38,188,189,38],"15127059","commenter\u002Fneutral\u002Fnone","relyio",[67,42,33,191,68,38],"project\u002Fcritical\u002Fpricing",[71,42,33,191,72,38],[194,42,42,195,196,38],"15117799","project\u002Fneutral\u002Fpricing","hidiegomariani",[198,42,42,195,199,38],"15117809","quantdev",[201,42,42,202,203,38],"15117882","project\u002Fneutral\u002Fexecution","krrrh",[205,42,42,202,199,38],"15117984",[207,42,33,208,209,38],"15118430","project\u002Fcritical\u002Fexecution","jacquesm",[211,42,42,195,125,38],"15121021",[213,42,42,202,214,38],"15117877","gricardo99",[78,42,33,216,79,38],"project\u002Fcritical\u002Fidea",[218,42,38,144,219,38],"15120342","yamaneko",[221,42,38,144,79,38],"15120959",[223,42,38,144,125,38],"15121012",[225,42,33,216,226,38],"15121203","cvsh",[228,42,38,229,230,38],"15121766","other\u002Fneutral\u002Fidea","3pt14159",[232,31,38,161,233,38],"15117310","bkolobara",[235,31,38,161,236,38],"15117437","kbody",[238,31,38,161,239,38],"15117727","jdeibele",[241,31,38,161,242,38],"15118329","empath75",[244,31,38,161,245,38],"15118807","jankins",[247,31,38,161,248,38],"15119653","byproxy",[250,47,33,216,72,38],"15117735",[252,253,42,254,255,38],"15119259",6,"project\u002Fneutral\u002Fidea","thanatropism",[257,253,38,188,258,38],"15119983","danmaz74",[109,260,33,216,110,38],7,[262,260,38,188,263,38],"15119092","ericb",[265,260,33,216,266,38],"15119547","ccleve",[268,260,42,254,269,38],"15120267","p4lindromica",[271,260,33,216,110,38],"15120325",[273,260,38,161,255,38],"15119278",[275,260,38,161,276,38],"15119641","matt4077",[124,278,42,195,125,38],8,[86,138,42,254,87,38],[281,138,33,208,282,38],"15117371","metroidfan832",[284,138,42,202,285,38],"15117476","shreve",[287,138,42,202,196,38],"15117503",[289,138,38,290,72,38],"15117936","commenter\u002Fneutral\u002Fexecution",[292,138,38,290,293,38],"15121035","kccqzy",[295,138,38,188,72,38],"15121274",[297,138,42,254,298,38],"15117477","tdhz77",[300,138,42,202,301,38],"15117659","hisabness",[303,138,42,195,304,38],"15117981","mmccaff",[306,138,47,307,196,38],"15117461","maker\u002Fpositive\u002Fnone",[117,18,33,216,118,38],[310,18,38,188,72,38],"15117894",[312,18,38,188,313,38],"15118252","cookingrobot",[315,18,38,188,316,38],"15121982","lgas",[318,18,38,188,199,38],"15117898",[320,18,38,321,214,38],"15117951","commenter\u002Fcritical\u002Fidea",[323,18,42,324,301,38],"15117999","project\u002Fneutral\u002Fnone",[326,18,38,188,151,38],"15118540",[328,18,38,188,329,38],"15119119","snark42",[331,18,38,188,151,38],"15119410",[333,18,38,188,334,38],"15121153","colonelxc",[336,18,47,337,196,38],"15118024","project\u002Fpositive\u002Fidea",[339,18,33,216,340,38],"15118061","Poiesis",[342,18,33,216,343,38],"15118254","otp124",[345,18,38,188,346,38],"15118303","frikk",[348,18,33,216,87,38],"15118339",[350,18,47,337,351,38],"15118321","AndrewBissell",[353,18,33,216,354,38],"15118417","Dolores12",[356,18,33,216,276,38],"15119391",[358,18,33,216,359,38],"15118068","t0mbstone",[361,18,38,362,363,38],"15118264","commenter\u002Fcritical\u002Fnone","qualitytime",[365,18,33,216,366,38],"15118775","module0000",[368,18,33,216,369,38],"15119175","tunesmith",[371,18,38,161,372,38],"15119556","ringaroundthetx",[374,18,33,216,375,38],"15120074","throwa_way_",[377,18,42,254,125,38],"15121056",[379,18,42,254,118,38],"15123945",[59,381,42,382,60,38],11,"project\u002Fmixed\u002Fidea",[93,384,33,385,94,38],12,"project\u002Fcritical\u002Fprivacy",[101,387,42,324,102,38],13,[389,390,38,161,391,38],"15118310",14,"politician",[393,390,38,161,394,38],"15119090","rtkwe",[396,390,38,161,397,38],"15120954","Slartie",[399,390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