philipma1957
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Activity: 4256
Merit: 8551
'The right to privacy matters'
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February 08, 2023, 02:52:52 AM |
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If I had a chunk of cash at the end of 2022 and wanted to eventually convert it in bitcoin, then I would have invested 1/3 right away (based on prior halving timing, yada, yada), and 2/3 later (within the next 10 mo). If you don't have a "chunk" and instead invest a part of your cashflow, then, sure, DCA your heart out, but if you had that "chunk", then dcaing=mostly wasting your time. What's wrong with bulk-buying btc with a >70% discount from the ATH instead of just tipping your toes in? I haven't said anything about TRADING, well, maybe @dragogonlinux did, and it is for those with certain skills; I am mostly focused on buying and less on selling.
Having three big "gulps" instead of just one allows for sudden macro situations a la March 2020. This should work and I have a 'feeling' that some WO regs with extra fiat money are doing exactly this while being quiet until after they are satisfied with their new buying and content with their improved positions.
which is why in Nov 2022 I made 4x + 4x + 4x = 12x buy the dip And I did a dca. they hedge each other. as it turns out the 12x buy the dip move has done better than the first 12 x dca I ended that dca at 12 x buys because it is a perfect match. and it clear shows that buy the dip won out over that dca. I am now doing another dca lets see if it can beat the 12x buy the dip I did. Hint we need to drop to 15k very quickly for it to happen. and basically these moves for me are for idle fun as they are no where near my gear purchases. which are over 200x fiat since sept 1. in fact 522x in gear since sept 1
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2023, 03:01:20 AM |
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Biodom
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Activity: 3892
Merit: 4331
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February 08, 2023, 03:05:15 AM |
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If I had a chunk of cash at the end of 2022 and wanted to eventually convert it in bitcoin, then I would have invested 1/3 right away (based on prior halving timing, yada, yada), and 2/3 later (within the next 10 mo). If you don't have a "chunk" and instead invest a part of your cashflow, then, sure, DCA your heart out, but if you had that "chunk", then dcaing=mostly wasting your time. What's wrong with bulk-buying btc with a >70% discount from the ATH instead of just tipping your toes in? I haven't said anything about TRADING, well, maybe @dragogonlinux did, and it is for those with certain skills; I am mostly focused on buying and less on selling.
Having three big "gulps" instead of just one allows for sudden macro situations a la March 2020. This should work and I have a 'feeling' that some WO regs with extra fiat money are doing exactly this while being quiet until after they are satisfied with their new buying and content with their improved positions.
which is why in Nov 2022 I made 4x + 4x + 4x = 12x buy the dip And I did a dca. they hedge each other. as it turns out the 12x buy the dip move has done better than the first 12 x dca I ended that dca at 12 x buys because it is a perfect match. and it clear shows that buy the dip won out over that dca. I am now doing another dca lets see if it can beat the 12x buy the dip I did. Hint we need to drop to 15k very quickly for it to happen. and basically these moves for me are for idle fun as they are no where near my gear purchases. which are over 200x fiat since sept 1. in fact 522x in gear since sept 1 522X...I would dare to assume that it is four way split (or just "your" part)?... That's one serious capital allocation..now btc would have to cooperate,
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xhomerx10
Legendary
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Activity: 3976
Merit: 8623
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February 08, 2023, 03:14:00 AM |
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Satoshi Ide, a seismologist at the University of Tokyo,
are you f.cking kidding me? Satoshi ? シ
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philipma1957
Legendary
Offline
Activity: 4256
Merit: 8551
'The right to privacy matters'
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February 08, 2023, 03:28:21 AM |
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If I had a chunk of cash at the end of 2022 and wanted to eventually convert it in bitcoin, then I would have invested 1/3 right away (based on prior halving timing, yada, yada), and 2/3 later (within the next 10 mo). If you don't have a "chunk" and instead invest a part of your cashflow, then, sure, DCA your heart out, but if you had that "chunk", then dcaing=mostly wasting your time. What's wrong with bulk-buying btc with a >70% discount from the ATH instead of just tipping your toes in? I haven't said anything about TRADING, well, maybe @dragogonlinux did, and it is for those with certain skills; I am mostly focused on buying and less on selling.
Having three big "gulps" instead of just one allows for sudden macro situations a la March 2020. This should work and I have a 'feeling' that some WO regs with extra fiat money are doing exactly this while being quiet until after they are satisfied with their new buying and content with their improved positions.
which is why in Nov 2022 I made 4x + 4x + 4x = 12x buy the dip And I did a dca. they hedge each other. as it turns out the 12x buy the dip move has done better than the first 12 x dca I ended that dca at 12 x buys because it is a perfect match. and it clear shows that buy the dip won out over that dca. I am now doing another dca lets see if it can beat the 12x buy the dip I did. Hint we need to drop to 15k very quickly for it to happen. and basically these moves for me are for idle fun as they are no where near my gear purchases. which are over 200x fiat since sept 1. in fact 522x in gear since sept 1 522X...I would dare to assume that it is four way split (or just "your" part)?... That's one serious capital allocation..now btc would have to cooperate, 220x not me . the warehouse owner and his son. 302x me and buysolar the buy the dips and dcas are all me. so I am going 151x gear 12x first dca 12x buy the dip 4x second dca I plan to do the second dca for six weeks total 12x then decide what to do after it.
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2023, 04:01:17 AM |
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ChartBuddy
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Activity: 2310
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2023, 05:01:17 AM |
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xhomerx10
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Activity: 3976
Merit: 8623
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Apologies in advance; the temptation was too great and I am a mere mortal.
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2023, 06:01:21 AM |
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2023, 07:01:16 AM |
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nutildah
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Activity: 3122
Merit: 8402
Happy 10th Birthday to Dogeparty!
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February 08, 2023, 07:13:14 AM Merited by OutOfMemory (1) |
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The next time you post here fishing for merits I will red tag you and all your alt accounts for bounty cheating, and I know you have a lot more than this.
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nutildah
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Happy 10th Birthday to Dogeparty!
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February 08, 2023, 07:54:15 AM |
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ChartBuddy
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Activity: 2310
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2023, 08:01:17 AM |
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Gachapin
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Activity: 1050
Merit: 2099
bitcoin retard
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February 08, 2023, 08:30:07 AM Last edit: February 08, 2023, 09:30:26 AM by Gachapin Merited by fillippone (3) |
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they should add the "black lives matter" fist to be 100% sure what if 25k is the new 10k, and 23k is the new vegeta I doubt it...I pointed this out using a simple, linear calculation, some day in the past two weeks or so. Just about right, in the grand scheme of things, imo. Imagine zooming out in 2040 or 2050 damn I missed that... sorry if I was posting the same idea (seems obvious somehow...) You guys think we can break 25k now after the somewhat 'positive' Jerome powell statements ?
ask proudhorn Satoshi Ide, a seismologist at the University of Tokyo,
are you f.cking kidding me? Satoshi ? was that a good shot or what ?? The next time you post here fishing for merits I will red tag you and all your alt accounts for bounty cheating, and I know you have a lot more than this. I suspect he is not reading anything here
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shahzadafzal
Copper Member
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Activity: 1666
Merit: 3008
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February 08, 2023, 08:43:51 AM |
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they should add the "black lives matter" fist to be 100% sure Police will shoot it in minutes...
^^^ What are you doing???
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2023, 09:01:19 AM |
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ChartBuddy
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Activity: 2310
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2023, 10:01:16 AM |
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eXPHorizon
Full Member
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Activity: 1302
Merit: 132
Precision Beats Power and Timing Beats Speed.
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February 08, 2023, 10:44:55 AM |
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The next time you post here fishing for merits I will red tag you and all your alt accounts for bounty cheating, and I know you have a lot more than this. Then redflag yourself and all your alts you dumbfuckface
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