TrustedBitcoiner
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January 09, 2023, 06:06:24 PM |
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it only seems to make sense to DCA if you have no other choice, you have no speculative-high-risk-investment-money right now, but you can set aside X amount each month, in that case it would be crazy to put that money aside and and only invest once you have $5K saved up, in that case you "DCA".
It seems that you are wanting to impute way the fuck too much trading knowledge, financial management skills, and even asset awareness knowledge onto the vast majority of normies. The vast majority of normies are way better off starting out with DCA, and then learning as they go... and if they are able to improve on DCA, then that is great, but get the fuck started as soon as possible, and DCA allows normies to get the fuck started as soon as possible and to be way more aggressive with their investment approach than if they are waiting around trying to figure out whether we are in dip or a up or a sideways or whatever.. they are not going to know.. so just buy their $200 worth of BTC every week.. and forget about trying to figure it out.. and later if they are able to figure out more details and strategies then great, let them play around with their additional knowledge, but they may well want to keep their DCA going on, even if they might be supplementing their BTC accumulation strategies with some other approaches including lump sum investing and/or buying on dips. ill agree that DCA is an easy way to get started quickly, your not putting very much at stake, its a simple strategy that you dont have to think much about. small buys are way easier to do then 1 large sum a significant % of your hard earned money, and if that's what it takes to get someone buying sooner rather then later then DCA is probably best. having bought some "over priced" bitcoin is better then have no bitcoin at all. but for those willing to take the time to learn, hitting that all in button with max 10:1 leverage at just the right time is the way to go! jokes... i guess there are alot of traps for noobs, so simply DCAing is solid advice... its just not for me.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Paashaas
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January 09, 2023, 06:51:52 PM Merited by JayJuanGee (1) |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 09, 2023, 07:01:17 PM |
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John Abraham
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January 09, 2023, 07:19:14 PM |
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✨ Satoshi Nakamoto announcing the 21 million #Bitcoin BTC limit exactly 14 years ago TWITTER Bitcoin was released on January 09 and I joined the bitcointalk forum on January 09..... call it a coincidence? Only 09 Years of Difference. Wow! Number 09 again. Another coincidence?
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ChartBuddy
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January 09, 2023, 08:01:18 PM |
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JimboToronto
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You're never too old to think young.
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January 09, 2023, 08:35:31 PM |
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Jimbo says to you Buy when you can Sell when you have to If you really must That's a part of the plan We crouch for survival 'Til next bull's arrival One day, we'll all understand One day, we'll all understand One day, we'll all understand
Hi there Storageman. Long time no post. Hope all's well. Thanks for the quote. Great poem. Definitely awaiting the bull. Maybe not crouched though. More like laid back.
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TrustedBitcoiner
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January 09, 2023, 08:42:20 PM |
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retrace to 16.7
my greed is eternal
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 09, 2023, 09:00:24 PM Merited by LFC_Bitcoin (1) |
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retrace to 16.7
my greed is eternal
Seems like noise to me.. Like a big so fucking what? You are not going to write home to mom about it, are you? Even your mom might not give any shits.. even if uie-pooie find it to be interesting for some strange reason. In other words, wake me up if BTC prices go below $16k or above $18,500 - and even then, I might not get very excited based on that kind of a price movement depending on how long it takes to get there and/or other possible explanations regarding why we might potentially be getting outside of our current price range. It's like my fucking around when the BTC price was moving between $220 and $240 through most of 2015.. and it really ONLY kind of started to matter if the price started to get close to $200 or perhaps close to $300.. other than that.. just dumb and meaningless sheit that did not really need to be discussed, except that there was playing around with dumb little insignificant back and forth price movements that could have lasted a few months or even a couple of years, but lucky for us, lasted less than a year.. in the 9-month-ish arena.
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ChartBuddy
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January 09, 2023, 09:01:21 PM |
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LFC_Bitcoin
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#1 VIP Crypto Casino
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January 09, 2023, 09:03:58 PM |
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retrace to 16.7
my greed is eternal
We could do, we’re still in a range aren’t we. It’s actually a lower high as we hit just over $18,000 in mid December. I don’t think we have anything to be excited about until we break $20,000 & stay there. We might even have to get above the 200 day moving average before we can be sure the bottom is in. We’re just still bouncing around in this tight, boring range. Wake me up when something interesting happens.
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TrustedBitcoiner
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January 09, 2023, 09:17:06 PM |
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you guys just jelly that i am taking advantage of this range day trading scooping up more btc with each wave.
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Toxic2040
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January 09, 2023, 09:36:45 PM |
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whilst not exactly conventional...its still a rocket launch and a historic first satellite to orbit from the UK t-minus 30m or so https://www.youtube.com/watch?v=5Co18HcyqHk------- the noon wall report dca or bulk buying dont dwaddle, dont miss the boat bitcoin does not wait dyor 4h D stronghands
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Unknown Op
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January 09, 2023, 09:57:19 PM |
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#Bitcoin BTC is a peaceful revolution TWITTER
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 09, 2023, 10:01:17 PM |
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El duderino_
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BTC + Crossfit, living life.
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January 09, 2023, 11:01:06 PM |
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Do we like all the unknown accounts posting all the news and pics we all already have seen on twitter for ourselves?? Or do we only like them when the OG's post them in here
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ChartBuddy
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January 09, 2023, 11:01:19 PM |
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ImThour
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Bitcoin Bottom was at $15.4k
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January 09, 2023, 11:08:29 PM |
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Bitcoin 1D Chart - 77.4% down from ATH in 364 days. $15,476 was the BTC bottom.
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TrustedBitcoiner
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January 09, 2023, 11:37:41 PM |
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Bitcoin 1D Chart - 77.4% down from ATH in 364 days. $15,476 was the BTC bottom. ya alot of boxes have been checked... sure looks like we are entering spring time, but spring isn't all rainbows and unicorns, there's mud every where, rains a lot, looks nice and sunny one minute the bam hail storm, its good time to plant some seeds, but sometimes you'll get a cold snap and all your seedlings die.
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JimboToronto
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You're never too old to think young.
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January 09, 2023, 11:46:25 PM |
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Do we like all the unknown accounts posting all the news and pics we all already have seen on twitter for ourselves?? Or do we only like them when the OG's post them in here Not everyone uses Twitter. I consider it along with Youtube to be the worst of the Disinformation Stuporhighway. Re-posting Twitcrap here has always bugged me. At least the OGs resize their images.
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BitcoinBunny
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January 09, 2023, 11:56:12 PM Last edit: January 10, 2023, 12:18:15 AM by BitcoinBunny |
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I realise he is a bit of a dinosaur, especially when it comes to BTC vs gold, but I am enjoying listening to Peter Schiff's massively increased bloated government attacks over the last year. He pointed out that 40-50-60 years ago it was quite easy for most men to go out, get a decent job and feed a family of 6, no credit card, small mortgage (if that), no food bank. Now even with two incomes, after going to university and leaving with student debt many people are struggling or have a bloated mortgage or a bloated credit card debt. In worse case it's all four and still need a food bank. What exactly changed? And why are we letting those fuckers (politicians and media who pulled the wool over our eyes during all recent crises) get away with it?! Cost of living crisis: Larger families warned they could be in 'real trouble'https://uk.yahoo.com/news/cost-of-living-crisis-larger-families-warned-they-could-be-in-real-trouble-173056565.htmlUS: UK: Supposedly the most affluent countries (and those apparently with supposedly the best health care systems) are the worst when it comes to debt vs income ratio. Truly bizarre: The media and government seem to be colluding in wanting smaller families, or in worse case scenario destroy the family unit and prefer to import boat or border crossing people. They were quite happy to arrest granny for sitting on her own on a park bench for not wearing a mask during the extremely dangerous CoViD but SBF can be a billionaire scamming criminal cunt of epic proportions and still happily go back home to jerk off to pornhub for the rest of his life, minimal questions asked. "Hey you farmer a-hole, stop your disgusting practice that is helping to feed everyone, we prefer to house those who come from thousands of miles away, get lost." Truly astonishing.
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