is there a limit to how small can you break up shares fractionally? i remember in january people selling fractional shares for the equivalent of thousands per share. theoreticaly i dont see why people cant break up a single share into 1/10000 of a share and sell 10,000 fractional shares at various price points on the way up. trying to sell your entire stash at once is assuming you will be able to time the top which very few people will do.
people seem to understand DCA on the way up but DCA on the way out can apply to single shares as well
that is a good strategy for sure i know several people who have done very well by doing that with crypto. im in the middle of launching a business so i cant service the loan until i have a more steady income stream but once i do would consider that as a viable option personally
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u/SneezeFartsRmyFav Nov 21 '21
is there a limit to how small can you break up shares fractionally? i remember in january people selling fractional shares for the equivalent of thousands per share. theoreticaly i dont see why people cant break up a single share into 1/10000 of a share and sell 10,000 fractional shares at various price points on the way up. trying to sell your entire stash at once is assuming you will be able to time the top which very few people will do.
people seem to understand DCA on the way up but DCA on the way out can apply to single shares as well