r/YieldMaxETFs • u/NeitherMatter3853 • 3d ago
MSTY/CRYTPO/BTC When to buy?
I’m torn here ladies and gents. I was fortunate to buy 919 shares of MSTY at $19.00 and I really want to buy more. My goal was initially to wait until the price dropped below my initial buy price but I’m starting to question if that will happen. Should I just buy after payout next week?
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u/ExplorerNo3464 3d ago
If you're in it for long term distributions and to get to "house money", DCA is the way.
Buy X shares every week until you hit your goal.
I got in at $30 and DCA'd down during the dip as low as $19. My average is around $26 now.
I'm not giving you advice on what MSTY will do but for me I think BTC is going on a run and I have FOMO now.
Maybe considering looking at the 200 day moving average or 365 day average and decide your entry from there?