I probably shouldn't have used the term DCA. What I meant was investing a bit of my salary into SPY every month. It would be DCA but not as an alternative to investing a lump sum.
Very obvious bearish pinbar on weekly charts. Don't overcomplicate it. The top is in. Bitcoin probably dumps hard or manages to sustain sideways till end of august, altcoins have a run, followed by the apocalyptic implosion.
Trump Media and Technology Group said Monday it has accumulated roughly $2 billion in bitcoin and related assets, as President Donald Trump’s highly lucrative pivot to cryptocurrency continues to grow his net worth while in office. The bitcoin holdings now account for about two-thirds of Trump Media’s total liquid assets, the company said in a press release. Trump Media shares popped as high as 9% when markets opened Monday. They were up around 4% at 2 p.m. ET. Trump’s stake in the company - which trades on the Nasdaq under his initials, DJT - is worth nearly $2.3 billion. The announcement offered the latest marker of how Trump and his family have embraced digital currency to such a degree that cryptocurrency now accounts for most of the president’s wealth on paper, according to a Forbes analysis from June