Announcement: Weekly Mock DCA Starting this Week!
Hello,
I am excited to announce a new opportunity to learn Web 3 with Minerva by doing a weekly mock DCA for educational purposes. DCA means dollar cost average. This is a strategy that has been done by many in different asset classes, including digital assets.
This will be accessible for paid subscribers only.
This will be done using no real money, but it will track along with live prices along with the weekly changes on what I do with the portfolio. I plan to update the portfolio weekly on Wednesdays. I will start the portfolio with $1,000, and then I will do $100 buys each week going forward. I will include assets that I wouldn’t personally buy but will also include some that I own. The point is to show a modest portfolio and use some of the price action and assets to help teach different things about Web 3. I may also include why I wouldn’t add certain assets to the portfolio. This is not intended to be any sort of investing advice, or to be something to show anybody what to buy and when. I will compare assets against each other, and this won’t be limited to just digital assets. I will compare things like Bitcoin to gold, Bitcoin to the NASDAQ, ETH vs. BTC and more.
Some other rules/guidelines I will work within:
No exchange fees for transactions will be considered
All trades considered commission-free
Staking rewards/yields won’t be factored in
Airdrops/forks will most likely not be included
I won’t do any NFT investment in the mock portfolio
There won’t be any stocks, ETFs, etc.
I generally will not sell anything in the portfolio, mostly just buys
No options or leverage trading will be included, just assume spot purchase
This also means no short selling
Assume these would be long-term positions (held 5+ years)
No tax considerations will be factored in to trades
I will reveal more of the strategy and allocations starting with the first purchase using the $1,000 on Wednesday 11/15/23. The goal would will be for it to grow in $ value over time for simplicity, but some investors choose to denominate their portfolio’s value in BTC, ETH, or other terms as well.
Feel free to ask questions and make suggestions to the portfolio.
I am looking forward to getting started this Wednesday!
Disclosures:
I am not a financial advisor, and whatever I post should not be taken as financial advice. It is for education and entertainment purposes only. Anything I post does not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, digital asset, or related product, nor does it constitute an offer to provide investment advice or other related services by myself or Minerva Digital Asset Education, LLC. I and/or Minerva Digital Asset Education, LLC may have a financial investment with the cryptocurrencies/digital assets discussed. In preparing the content created, no individual financial or investment needs of the viewer have been considered nor is any financial or investment advice being offered. Any views expressed in the posted content were prepared based upon the information available at the time such views were written. Changed, new, and/or additional information could cause such views to change.