 Welcome to July set news. My name is Rob and today just like the thumbnail and title suggests it's time to take the kid loves off and stop micro DCA and just go straight DCA and to really get a feel of why that is we have to do a little bit of a timeline little take a look back and this was a video that we did in not too long ago it was micro DCA this is the one where it started all off this was on May 23rd 2022 and we had talked about how because of what the market is doing it seems a little bit unstable we felt like there was more of a cliff and things were going to drop off and what I did was I said instead of me just stopping DCA all together because I was buying crypto a little bit in the past but it was a very sporadic it wasn't like what I was doing in in 2019 and 2020 just felt very odd so I just said okay I'm going to get everything in line I'm going to start micro DCA which is a percentage less of what I would normally dollar cost average into so if I was buying say bitcoin for you know $200 a day I'm only going to do $20 per day and the same thing was with all coins so that was on May 23rd 2022 and you can check this as a link in the description and I got to tell you on May 23rd it was actually a pretty good time so I started doing that we were at 30,000 roughly doing 29,000 that was the opening and the close so 29,000 on May 23rd and we're gonna see that it actually was pretty stable for about a week week or so and then all of a sudden we just saw it go from 29 to 28 to 26 to 22 to 20,000 to 19,000 so we were a little bit more consistent with the buys and that was that's the whole thing with dollar cost average you would see we were actually there for quite some time now I'm not good at timing the market I'm not perfect at that but if I get somewhere you know around close I'm pretty happy so what I was doing was just buying along the way and it was just $40 per day of bitcoin and doing some buys of Ethereum and some other altcoins which we talked about now moving forward this was non-financial vice this is a show that we do with me Ben and the cryptiverse and guy from coin bureau and this was just this episode two was actually three weeks ago and we just had one yesterday and in this video we I asked the question because it was on my channel I said hey are you guys buying anything right now and smartly enough I mean both of these gentlemen said no they were not and this was my answer so just take a listen mine is a little bit different I disagree with both you and I because I'm stubborn and I can't help it and the thing is I always look at it I'm like I know the the what you just said guy and what Ben just talked about as far as the macro events the things that are going on a crypto I know it and it makes sense I certainly don't think that we've hit the bottom I still think we have a little ways to go if you look from again from 2013 to 15 that was an 85 drop 2017 does an 18 it was a 84 drop the biggest drop we had so far 77% I still think we go down to 10k or 12k bitcoin having said all that how many times have I heard or we have heard that it's a definite thing it's going to happen we're going to go through this recession it's going to be awful true some I'm 90 plus percent sure but there's always this thing in my head that says Rob you're not that smart you're going to have to hedge your bet so I just do a little bit of dollar cost everything like I call it this is micro DCA I still get a little bitcoin every day Ethereum every couple days and some alts once a week but it's not that much so these are just the things and like the days that we have a green day it works out okay so that was the very first question you know what Rob they say they say the the the pessimists sound smart but the bulls get rich right like over the long haul over the long haul your strategy will probably work out very very well you know even if we go down right and you'll probably sleep better by by having allocations and projects that you like than worrying about if they're going to constantly leave leave without you you know yeah so that was it three weeks ago and I still stab it I I'm not a hundred percent sure where we're going I don't know if we're going to for a soft recession or a hard landing recession or we're going to hit recessions or not I have I think I know we're going but I'm never a hundred percent and just like I said in that video I'm not that smart I'm not smart enough to call it there are so many indicators to look at there's just no way to do it and and for and for me I mean we're all just kind of guessing out here I think this is what works for me now this might not work for you this is not financial advice I can't tell you what to do these are just the things that I'm doing and that was a time frame of three weeks ago now moving forward there was a video I put out just two weeks ago and this one it was called maximize your profits taking problems with dollar cost averaging and what I said in this video was this I said look this is what I'm doing I've been buying bitcoin every day for $40 and I just went back to December 16th and I figured this will be a good time to take a little bit of profit so again I just laid it all out I said look the price on December 16th 2022 was $16,795 and I bought $40 and you're gonna see what the price was and what that bitcoin equivalent now bitcoin equivalent one bitcoin is always one bitcoin but of course to dollars it's a little bit different because every day fluctuates right so then for the last 16 I mean for three weeks or so I said okay what I'm gonna do is I paid $1,000 for this bitcoin and that's $40 every day and then that bitcoin equivalent was 0.059 I said what I'm gonna do is I'm gonna sell that bitcoin because I paid $1,000 and I sold it actually a bit farther down the road because it was today it is February 4th so that was two weeks ago so towards the end of January when we were at 21-22 somewhere around I forget and I made a whopping $239 and I don't know if I explained this correctly because everybody keeps saying that Rob why'd you sell your bitcoin why'd you sell your bitcoin I didn't sell any bitcoin I sold from December 16th down to January 9th the amount that I purchased during that time that's what I sold 0.059 and I made a little bit of profit why'd I do it well first of all I always talk about taking a bit of profit the second thing is I do it because I can roll that into other things I could be other cryptos whatever else I want to do but the third thing I think the most important thing is that when the time comes to sell I want to remember what it feels like to sell my problem last time was I didn't sell enough and I watched everything that are to collapse a little bit I sold a good amount and you can watch the videos about what I sold and how much I sold everything else the problem was is that I kept listening to you had to buy every dip and diamond hands and sometimes you just go a bit a little crazy with that in all honesty I just want to grease the wheels and have muscle memory remember like okay it wasn't that much but I know how to do this because when the time comes I will be selling and there's a video I put out of I talk about why I'm going to sell 80 percent of my crypto at what time at what point and what indicators there's another big caveat to make mention of which is this with dollar cost averaging even though you're selling down the road you're still buying you're still buying it's just like a farmer who is planting seeds it's just that we have different seasons when we can actually harvest so I'm planting all these seeds back here and at some point I want to harvest that I don't ever have to I can wait until 2025 or 6 or 2040 it doesn't really matter but for here that's what I did but you're always in but dollar cost averaging I'm always buying at a little bit higher price so that just to make that clear that's what I did I didn't sell everything I just sold a little piece now let's take a look at this if we take a look at what I could have done because I just made 239 which is not great because one of 23% which is a good you know profit for like a traditional market but in crypto it's kind of lame let's be honest so what if I would have done this what if I would have just said you know what I'm going to keep this I'm going to keep bitcoin until it goes to its all-time high well 0.06 of bitcoin if I would have sold at that point one of that 69,000 back to its all-time high which who knows when that's going to be could be 2025 could be 2024 could be 2027 who knows but if I waited to 69k 0.06 bitcoin would have been worth 4,140 so the thousand dollars that I I spent I would have been a profit of 3,140 what if I waited till bitcoin went to 100k well I would have made 6,000 minus the thousand dollars I've been profit $5,000 and if bitcoin went to 150k and I'm not saying it's going to these and I'm not telling you when it's going to because I have no idea but it would have been 9,000 minus the thousand I would have had $8,000 in profit so that is the long and the short of it about what could potentially happen so the question always is why couldn't you just wait why couldn't you just wait I told you exactly why grease in the wheels take a little bit of profit not feeling that crazy feeling and this is where we're at right now today though things change because we're going to start to actually DCA what I'm talking about is instead of micro DCing which I've been doing here $40 now I'm just going to go back to what I usually would spend on Bitcoin Ethereum and the other alts we're going to talk about in a little bit so the question then becomes well why well why now and it's because as well as a couple of reasons actually so I'm a big believer in the four year cycle if you've listened to show you know I'm talking about this quite a bit so again everything starts with the halving 2012 then 2013 one year after the halving been an all-time high this happened in 2013 then there's a big monstrous dip or a correction and then 2015 is a reset year where it's not a bad time to accumulate same thing happened in 2016 halving 2017 all-time high then a big correction or a dip and then a reset and not a bad time to accumulate then we go to 2020 halving monstrous well reasonably monstrous all-time high 21 and we saw a very brutal dip or a correction and now I believe we're in that that reset year going into February now moving on forward hopefully this will happen halving all-time high dip reset but who knows I mean we could see a parabolic bull run in 2024 or maybe in 2028 I have no idea but again the longer that I'm in the game I think the better off I am and we've actually taken a look at this if we just think about the four year cycles the the closer you get to the bull run the worse your returns are because you need that time to actually start to accumulate so I did my job and my job personally was to just kind of ride things out and just see how bad it could actually go I could have you know value cost average and bought everything in at 30,000 but the percentages wouldn't have been there because it went down to 20 and then we went down to a low over on 17,600 so I think for me I could be wrong now might be the time and again we took a look at this and said okay what if we would have gone back in history and we would have invested on January first 2018 which would be the first day of that dip or correction year and put in $100 every seven days for bitcoin well if I would have sold the very tippy top at 169,000 somewhere on there I would have seven dexed what I put in not so great but not too bad if I already told 2019 six and a half x okay and if I waited until 2020 4x and if I waited on to the actual bull run year 1.5 that's for bitcoin so again the closer you get to the bull run that usually or sometimes the less your actual profits are let's take a look at ethereum so ethereum again the same thing in 2018 it would have been at 16x but if I would have waited 2019 it would have been at 17x again buying $100 every seven days 2020 11x 1021 a 2x that's not too great I'm taking a look at cardano if I start in 2018 35x but a little bit more risk right but in 2019 again the reset year 39x 2020 26x until I wanted 3x and of course I always want to make mention of this and that is that just because your dollar cost averaging doesn't mean you're going to be a winner there's some losers out there this is salt and what this is I call it a dash of salt dash is one of those solutions that we thought would be awesome if you had a dollar cost average from 2018 you would have a 3x and that's not the great and of course assaults you wouldn't have really come back at all so that's just the long and the short of it again so then the question then is well what if I'm wrong what if I'm wrong and we do hit this this big huge recession or what we don't ever do I still think we're headed towards a recession I still think bitcoin could go a little bit lower so how does that work out well in all honesty if we go up from here well I you know I micro dc8 I think I did okay I bought some alts and as time goes on I think it'll be pretty good and especially from today we start to you know go right back to our old same amounts of dollar cost averaging if it goes up great I make some profits probably not as good as if I would have you know fully dollar cost average and went buck wild but again I've got a lot more money to actually do that because I was holding off in for since May so May June July August September October November December January nine months essentially and now I can put that money in now if we go the opposite way in 2023 and we see a big huge bear market because for whatever reason let's say inflation goes up it's a little bit too sticky and there's a there's a massive increase just like we saw in like the late 70s with vulgar or maybe something comes out with regulation or maybe the contagion hits and the things that happen with Alameda research and FTX and it starts to you know collapse on to grayscale or foundry or just take your pick and things just start to just start to go down again there's too many factors to think about great because I say to my money for the last nine months now as things go down I can do what's called dynamic DCA and just keep buying the thing is you have to understand is this is that if we were going to zero if crypto is going to zero this would be a pretty awful play let's be honest because you're just dumping you're just throwing sand in the ocean I don't think crypto and digital assets are going to zero I think they're going to repeat in the four year cycle maybe takes a little longer maybe it doesn't but I still believe we've got a lot of runway to go it just depends on our time frame for what it is and I'll leave me to my last point which is this this is what I'm buying as far as altcoins and I'm not going to say how much I'm buying or the frequency but I will tell you that Bitcoin, Ethan, Polygon those are definitely every dayers and then link near Cosmos, Avalanche, Algorand, Dot and ADA and the reason why is because I like layer one solutions or in the case of Cosmos I guess like a layer zero or what do they call it but when I take a look at the upside again there's more risk as we go down the different rabbit holes or farther down on the market caps but I will say what's interesting is that Bitcoin I just if you're looking to get massively rich I mean just be aware that from the price today around 23,000 back to it's all that my it's a 2.9x. ETH is about a 2.8x Polygon is only 2.5, Link is 7.3, Near protocol is 16.3, Cosmos is 3, Avaxx is 6, Algorand is 10, Dot and ADA but you have to understand there's a lot of risk in that so with near if you get into near just know that there's a lot more risk and they can go to zero I mean like not all these are winners remember Dash Assault so for me personally it really all comes down to diversification and dealing with the risk that I have and next question would be well Rob where are you buying all your crypto it's on Coinbase I'm an American citizen so I got limited options just how it is and I know that people may use Binance who are in the Asian markets in Europe great use that because it's a lot cheaper but for me some dollar cost averaging things just kind of just keep going and going going there's a fee for everyone which are pretty astronomical quite honestly but I have enrolled in a program called Coinbase one and you pay like it's here 19 bucks or 29 bucks I always forget and all your fees are waived up to $10,000 per month so for me I don't I'm not going to hit that threshold that quick so just you can look at that I have no affiliate links with Coinbase so you know how to find it just hopefully go the right one and lastly two last things is this remember this is that crypto it has some utility cases but it doesn't have killer utility cases right now for everybody throughout the entire world I understand about store of value I understand about transactions and smart contracts I mean I get it but right now for me personally it's just best to diversify so really VCA to me is ddca diversify and dollar cost average a lot of my funds are now are in cash stable is a little bit not that much we have some DGEM plays masterworks land real estate is the big one a little bit in the Amazon business crypto IRAs and stocks this is my portfolio we will look different my goals are not your goals but the big thing I will say and leave you with this is that the easy part is mine the hard part is selling and that's why when we did NFA yesterday I really had that I precisely asked Ben and Guy these specific questions about are do they have a plan in place what are they doing how are they going to execute that if you don't have a plan right now I have two and you can take from this anything you want to there is a link in the description it's called why and when I'm selling 80% of all my crypto and the things that I'm looking at or if you want to probably a better option if you don't want to hunt around for everything go to Dan teaches crypto it's 100% free and also you don't have to deal with any kind of ads you don't have to deal with any kind of slowdowns I use Vimeo it's a premier video upload service so you don't have anything the things in the middle it only cost you an email I don't even spam you and then you can just take a look at my past exit plan strategy what I'm doing now the different indicators that I have I'll lay out here and the video itself and so on and so forth and that's it so look that was a little bit long I know but when we get into these there's a lot of different minutiae and things that we have to go over because if I don't say the things that are specific I keep getting people in the comment section were like how dare Rob sell all his crypto or I don't understand this part or that part and there's going to be some things I didn't say out perfectly but that's it for today so look if you like today's video give it a thumbs up consider subscribing I think you talk about our time sensitive especially as we're starting to roll into the next Bitcoin halving which will happen next year around March or April but that's it so thanks so much for stopping by I do appreciate you and I'll see you on the next one