$62.20
24h
-2.54%
6 Nov, 20:18
Long-term DCA accumulation at $40-80
Bullish-10.48%
AI Summary
Author advocates a long-term, high-conviction concentrated position in CRCL, recommending a maximum 25% portfolio allocation with dollar-cost averaging between $40-80 per share.
Being monolithic on CRCL isn't necessarily wrong.
But a 25% position is a more appropriate allocation ratio.
You can also allocate some to Moutai, Tencent, Google, TSLA, SpaceX, QQQ, etc.
Having a从容 (calm/composed) defensive position
allows you to hold onto your offensive positions.
Even if I personally bought 50% of CRCL,
I wouldn't encourage you to buy that high.
The reason I hold so much is because
I saw Buffett's early purchase of American Express,
which once reached a 40% position.
Apple also once accounted for 50% of Berkshire Hathaway's holdings.
Extreme optimism combined with price increases
can break your discipline.
Although it is currently a 25% CRCL holding,
if CRCL rises many times in the future,
it could completely become 90% of your position.
My TSLA and Bitcoin both went through this process during my holding period.
I only suggest you buy up to 25% of your principal at most.
Hold CRCL long-term without leverage.
Dollar-cost average when the market cap is between $10-20 billion,
at a single share price of $40-80.
Have a little more patience.
But this does not mean this investment will definitely make money.
It might lose money.
CRCL might also go bankrupt.
You might also go to zero.
You need to know this risk.
If you still dare to buy,
then dollar-cost average into a 25% position.
Buyer beware.
Today's price is 67-68.
Still within the dollar-cost averaging zone.
When in the strike zone, take the swing.