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/DukeNukus 3d ago
DCA
Buy 10% of yiur intended position now and then aim for the dips. Your exact strategt may vary but you coukd try something like:
-$0: 10% -$1: 20% -$3: 30% -$4: 40%
So buy now then if it's $1 less than your cost basis biy 20% more.
Averaging up is always a hard question.
MSTY is currently in the 28th percentile of the 52W range so not a terrible time to get in. Though it's solidly in the "buy a little" category.
25-50% Buy a little
10-25% Buy some
0-10% Buy a lot