Been dca-ing into Circle since IPO. Smart or exit liquidity?

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think it makes sense then if you're doing a long term TWAP DCA

I'm a sucker for buying when sentiment is crushed, but might not happen for a while if at all

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it’s smart -however I’d argue $coin is the better buy. coinbase receives about 60% of circle’s revenue as distribution costs, primarily from the 50% share of residual USDC reserve income for off-platform holdings. they also get 100% of interest income from USDC held on its platform. few ppl understand this.

smart if you think usdc becomes the default regulated stablecoin and circle benefits from TradFi + gov alignment

depends on the timeframe but its the best and only exposure to stablecoins upside (beyond crypto) atm.

everyone will call you a genius when it works

It’s not called exit liquidity for nothing