Quote from: eXPHorizon on Today at 09:40:03 AM

I encourage all of you out there to stop and smell the roses.

Life is so much more than Money...

Spoken like a real no coiner...

Cry

Quote from: Kylapoiss on Today at 10:43:11 AM

Quote from: JayJuanGee on Today at 05:39:35 AM

*SNIP

Quote from: Kylapoiss on August 01, 2021, 04:31:52 PM

So many questions.

Nothing wrong with having questions.. gotta expect that not everyone has time or abilities to study BTC 24/7, so this remains a place for brainstormening.. .. but sure in the end, you are responsible to formulate your own opinions and strategies in response to the information that you have or believe that you have.

Good luck... hopefully you have been buying BTC all along (probably DCAing is designed for guys like you), which would likely mean that you picked up some coins in the lower $30ks.. right? We were there for a decent amount of time over the past nearly 2.5 months, so far (again, not sure if we might be returning to potentially pick up some more if you have not already done so..).

That I have.

Part of the magic of DCA remains the quasi-blindness of it. You are not blind to the overall concept of fundamentals, but you can be blind mostly blind regarding the short term price direction, and still end up profiting quite stupendously 5-10 years or even longer down the road... so if you cannot afford $50 per week, then cut down to something that you can afford, such $10 per week or even a smaller amount..

Of course, there can some advantage in maintaining some degree of investment aggressiveness, but do what you can do.. .. not just referring to Kylapoiss, here.

Quote from: Richy_T on Today at 01:36:59 PM

Quote from: AlcoHoDL on Today at 01:31:25 PM

"People joke that Bitcoin isn’t really a trading strategy, it’s an exit strategy. What we want to hold is a form of non-sovereign store of value forever [...] I took a survey: the average Twitter user thinks it’s going to last 3500 years. Nobody’s in a hurry with Bitcoin. We’re thinking that it’s the future of property."

The average twitter user is either a bot or an idiot depending how you measure it.

I am kind of agreeing with you Richie on this particular point.. and it causes Saylor to appear weird to be asserting such nonsense, even if it were true.. just like his claim that BTC appreciates 200% (or even if he is just saying 100%) per year, that is nearly pure ludicrous to invest into BTC based on such specific expectations.....

On the other hand, I do agree with his overall view about bitcoin being a long term play.. and also his overall perception that bitcoin is going to go up forever, Laura.. but there might be some decently long periods of downity between some of the periods of UPpity.