It might not be worth it to DCA Bitcoin daily. That's too costly.
I have been in economic and investment forums for many years and I am not aware of anyone doing DCA daily with anything. I would say that the minimum is weekly DCA. Other than that, as the OP says there are a multitude of forms of DCA. The simplest would be to buy the same amount at the same time interval, say $100 weekly. But you can take advantage of market dips to buy more if you have money available for example. |
|
|
|
|
These are not bad tips. If I had to mention the main one it would be to spend more than you earn, and related to that to have a budget to control expenses and income, but there are other related things. The OP's advice, if we take it the other way around, is a good guide to improve the economic situation.
|
|
|
|
|
No, I don't have a hard time because I don't even try to convince anyone of anything related to Bitcoin. If I hear someone talking about it I play dumb. The less people know that I have Bitcoin, the better. And the less I would even think of talking about it while traveling around. You want to put a bull's eye on yourself.
|
|
|
|
"In 2015, when I bought my first btc at $400, people said bitcoin was dead.
In 2019, when btc was $4000, I wrote the S2F article, calling for $55k btc. People said I was crazy.
Today, btc is $40k, and S2F model predicts $532k after 2024 halving. People say it is impossible."
He forgot to say that he failed miserably in his predictions in this cycle, revising them downward as time went on, and yet he was still failing: Plan B Says Bitcoin Price Still 'on Track Towards $100K' Despite Missing November's Price Prediction (November 2021)This month, the price of bitcoin sank below the $60K zone this month after reaching an all-time high (ATH) at $69K per unit. The pseudonymous bitcoin analyst and the creator of the bitcoin price model called stock-to-flow (S2F), Plan B, called the last three months of bitcoin prices correctly but the analyst’s “worst-case scenario” forecast missed the mark in November. Despite the recent bitcoin price drop, Plan B still seems confident bitcoin’s price is “on track towards $100K.” He has invested so much time and effort in his model, and has gained so much fame with it that instead of doing what a scientist would do, which would be to falsify the theory, what he does is to keep reformulating it even though it does not agree with the facts. |
|
|
|
I will refrain from adding another red tag for the moment, but if you can't be trusted, you can't be trusted, period, even if the following happened a year ago: nutildah 2024-01-05 Reference This user claims to have been hacked when a loan request was made using their account. They claim the reason is they re-used their Bitcointalk password on another forum. I recommend never giving a loan to this user or trusting them with any amount of money. Stalker22 2023-01-26 Reference A cheater with multiple accounts, has cheated in multiple contests and bounties, abuses the merit system... yahoo62278 2023-01-25 Reference Sending merits to their alt, cheating art/pumpkin contest, deceiving users on forum. If I had written any of those three feedbacks I would have written them in red, I think what JG has done now is to put color on how untrustworthy you are, which was already visible in the previous feedbacks. Just in case I wouldn't protest too much, you wouldn't be the first one to come to protest and leave with a dozen negative feedbacks, you would be the umpteenth. |
|
|
|
The accusations are completely false, there has never been any help provided to catch scammers or hackers. No such help is possible because your data is never shared with Wasabi's developers or coinjoin coordinator. Period.
I understand that it's best to defend yourself against all kinds of accusations, but I wouldn't waste too much time with digaran, unless you're having fun doing it or something. Between him saying nonsense, making up things, and mixing lies with truths you can drive yourself crazy if you try to answer him seriously repeatedly. |
|
|
|
|
Could you specify what level of investment we are talking about? As you have been told, in the forum we are reluctant to this kind of "offers" from a stranger who sends us to Telegram. The more you can say in public, the better, although it would be understandable to leave some details for private conversation.
|
|
|
|
Unfortunately, privacy has been compromised with the introduction of KYC requirements by major exchanges and other centralized systems working with Bitcoin.
Anonymity is no longer guaranteed, as our data is now in the hands of the government. Despite the government's right to inquire about personal financial matters, their overzealous actions towards Bitcoin holders and investors have raised concerns.
The bad thing is that we see more and more steps in that direction, and we don't see steps back. If things continue like this, in the end it will make more sense for bitcoins to be held by a bank than by you in a HW, which may even prohibit them in the future, or force KYC to buy them. All very different from the idea for which it was created but it seems that we are heading towards it. |
|
|
|
The joke is when they begin enforcing this by requiring the user who are using nonhosted wallets to register them by submitting for documents for KYC or tell you to move your funds to a centralized hosted wallet that has registered with the proper government departments.
Everything that has been speculated years ago in social media and in this forum is presently starting to happen.
I have been saying for a long time that the goal of politicians is to force Bitcoin transactions to be like bank transactions, with KYC everywhere. I wouldn't be surprised if in the future self-hosted wallets are banned, or you are forced to pass a KYC to buy it, things like that. What the next occurrence might be is they will not allow people from a lower income bracket from investing in the cryptospace.
That is not going to happen. You can't pass discriminatory laws like that in democracies. |
|
|
|
Blah, blah, blah, bullshit...
Also it makes you wonder, why would you and PP desperately change the title when replying?
There are several people on the forum whose face I would like to see, and you are one of them, but without having seen it I know two things about it: 1) You have a nose bigger than Pinocchio. 2) If you open your mouth and move it, you are lying (the same applies for when you type something on a keyboard that has some meaning). Anyone can see that the title was changed by you, and in this last post you have done it again for the second time. |
|
|
|
|
He is funny and although he has been wrong many times we can't think that he will always be wrong, having a kind of contrarian power. If he says that the price of something is going to go up, sometimes he gets it right, what happens is that in him, who is dedicated to it, the times he gets it right are not as loud as the epic fails. So don't worry that the price is not going to go down this year because of some kind of Cramer curse.
|
|
|
|
Paying salaries in Bitcoin, in a country where there is a high poverty rate and where the population needs to spend 90% of the salary directly, is useless. Most of the population cannot keep Bitcoin as an investment and therefore will not be able to benefit from price fluctuations, and the high Bitcoin fees may wipe out most of the salary. With a fee of 47 sat/vB and assuming that the person will make an average of 3 transactions and that the transaction is 1 input 2 output, he will need about 21 US Dollars per month, while the average salary in Nigeria is around 30,000 NGN (69.17 US Dollars) according to https://www.timedoctor.com/blog/average-salary -in-nigeria/ That's just what I was thinking. Receiving the salary in Bitcoin, so that people will immediately exchange it into local currency in order to spend it does not make much sense.And more so after the era of high fees we've had recently, where until recently you could pay $20 if you wanted to have some guarantee that your transaction would be confirmed. What the OP says as a dream is fine, but it's not going to happen, and certainly not in the near future. |
|
|
|
If $50 is an amount I can easily spend on anything without hurting my wallet, why not? But if $50 is a significant amount for me, I won't do it. I'm sure that with a jackpot as huge as $42 million, the probability of hitting that jackpot with just a $50-spin is extremely low.
Basically, you can spend your life playing without winning the jackpot. People are blinded by the amount, the $42M, but it's not just that the bettor was betting $50, but the odds of winning that are ridiculous. I imagine it is a good publicity for the house that this week will have had a boost in revenue, especially in slots. It is like when there is a jackpot of many millions in the lottery. |
|
|
|
|
It seems to me to be mixing apples and pears. Someone who bought or rather got Bitcoin in 2009 and has held to this day will be loaded, and probably knows a lot because he has been informed during this time, but what happens in the next 15 years looks like it will be different from what happened in the last 15, and giving financial advice takes more than just being a holder.
|
|
|
|
Well, all news of this kind is welcome, but considering that this is an area of 60K inhabitants, we should not be overly optimistic. Nor do I believe that Bitcoin is going to impose itself as a unit of account on the basis of legislation, considering how volatile it still is relative to the major currencies. We only have to see that it is not a unit of account in a practical way even in this forum. |
|
|
|
|
This area of the forum never ceases to amaze me. You registered in 2015 and you ask for crappy $6 on a loan?
Of course, if someone lends them to you they don't have much to lose, but seeing how infrequently you post on the forum you don't give confidence that you can disappear and not come back here.
|
|
|
|
If you meant that will bitcoin and crypto continue going up in price from here, I really don't know. If I knew when the prices would go up, I'd go all in with leverage lol. But alas, we can't predict the future so we should position our funds carefully.
The fact that we cannot predict the future with accuracy does not mean that we cannot make probabilistic predictions that are accurate most of the time. In this sense, it is quite a bit more likely that the price of Bitcoin will be higher than it is now a year from now than it will be lower. Halving, the historical pattern or the moderation of central bank rate policies are strong arguments for thinking so. It depends on how we define the bull run, but I would say we are more likely at the beginning. |
|
|
|
I'd say that's only part of the success, because third on that list is The Sceptical Chymist, who isn't exactly conservative with his feedback, though perhaps over the years he has moderated. Having written the guide to the correct use of the trust system I think that also carries a lot of weight. |
|
|
|
Why am I not surprised that a thread that was going about Timelord2067 now you suddenly change the title to an alleged [banned mixer] scam? Nothing surprises me from you anymore, I guess. It was explained to you in the other thread, what you say is false, i.e. this: So basically not only they are getting away with the ban by exploiting a loophole, they are now offering at least %30 ROI per month?
He explained it to you well joker_josue: What the page says is that you can earn up to 34%. In other words, you can earn between 1% and 34%. It does not guarantee this profitability. This will certainly depend on the money invested and the volume of business that the platform has.
But you go about your business. |
|
|
|
|
Show Posts
