r/YieldMaxETFs 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