Backtesting the Bitcoin Fear and Greed Index DCA Strategy

If you could earn double Bitcoin as your regular dollar cost averaging strategy, 100% passively, would you do it?

In this video I show you how to backtest the bitcoin fear and greed index to come up with your own automated trading strategy that fits your personal needs and is 100% custom to you.

Strategies that we cover in this video have bought not 2% more bitcoin, not 5% more bitcoin but more than double the amount of bitcoin (that’s 100% MORE BITCOIN) as a regular dollar cost averaging (buy it everyday) strategy - for the same amount of USD cost.

This is one of the best kept secrets in the bitcoin trading community, if you guys have any questions or want to use any of the resources we use in this video please check out the links below.

Intro 0:00
How to Read the Spreadsheet 0:55
How to Enter New Data 2:12
How to Read the Strategies 5:26
Trading Sideways Market 7:07
Bull Market 9:37
Long Term Investing 12:10
What I’m Doing to Double my BTC 14:17
What You Should Do 15:44

[bitcoinchannelz]

Your channel is extremely underrated - Great work Rhett!

[kvnnichiwa]

have you done a better strategy for accumulating bitcoin at the cheapest price? thanks

[RhettReisman]

How are you guys doing DCA? Do you think the fear and greed DCA is worth it?

[richardharvey]

I’m not sure what it is with you and your content but I generally find it the most appealing site on YouTube for this type
of material. You have such an authenticity that I think your sincerity to add value each time just oozes out of every video. I am a 30 year financial advisor veteran of the industry and I thank you for your content.

[austinfrazier]

What about paying cap gains on all sells? That changes things drastically.

[brnenan]

Another great video and thanks for sharing the sheet 🙏🏿 I’d love to somehow compare the relative tax burdens created w the greed/fear index strategies

[kvnnichiwa]

what happens when you buy only in fear, and never sell in greed?

[aspiringwhale]

im just dollar cost averaging everyday. thought about increasing. Thanks for your content Rhett...Legend!

[CaseyCassity]

you have a little thing going here don't you. This is impressive I am at 6:28 and know this is going to be good

[HarlandDWhite]

Great video Rhett!! Cool to see how the different strategies performed.

[ikust]

Thank you ! Listening to it . Will comment after

[ChrisMengleUSA]

Great strategy, in one word - GENIUS!

[SaucyBTC]

For the fear & greed sells, is that a separate script or will the negative “greed buy” value actually sell with your script on notion. I assume we’ll need another script with the def _sellBitcoin functions right?

[deloachrd]

solid information. I am new subscriber going on day 10. I have learned a lot. been watching some of your older videos. you got me thinking about mining bitcoin at home. FYI, not technically that savvy to do on my own. I saw a video from the Bitcoin Conference about people in US should start doing at home mining, etc. futurebit etc. I would love to invest in bitcoin mining and make some additional income at home, but seems like that stuff is way too advice. you really have to have someone walk you through this stuff. I learned how to DCA some great altcoins during March 2020 the start of the pandemic. I will have some time off to recover from a treatment I am getting some something I was diagnosed with 3 months ago. Was trying to see what I can educate myself on for the next 100 days. Day trading, or mining or stock options? have to decide by next monday.

[ikust]

Did i have ever told you about Gerhard at Bitcoin Strategy? Worth watching imho.

[moitinho]

Priceless information, thanks for sharing it Rhett!

[jonthomas]

Always killing it with great content, thanks!

[ronakshah]

Great video Rhett! Can’t wait to set this up this weekend.

I would be interested in backtesting some of the on chain metrics as well like STH SOPR and see how they perform. So we get a comparison for spot vs on chain strategy. Your spreadsheet will be a great tool to visualize this and can see how much work you’ve put in for that. 🙌

[ikust]

Demands : 1) option for NOT selling and BTC but find good places to get loans . 2) analysis of SeedSigner.

Cheers !

[ikust]

Personally: this was a superbe vidéo . Do you have chat room ?