Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 26/11/2022, 17:52:22 UTC

One of the problems with lump sum investment plans seems to be that they largely are ONLY prepared for UP only, but I suppose an advantage could be that they limit the amount that is invested.

Personally, I believe that a DCA is the best, and then buying on dip and lump sum can be used to supplement a DCA strategy.

On the other hand, starting out with lump sum might not be bad, and buying on dip and also DCA can be used to supplement a lump sum approach, too.

Another problematic area with any medioka approach - seems to be valuing the whole arrangement in dollars and therefore expecting a "payout in a 'couple of years' " .... Yeah.. maybe it will happen?  maybe not.   That's gambling and not investing, but people can do whatever they want, and sometimes those kinds of shorter term approaches of in and out (don't we call this trading?) will pay off sufficiently well in order to produce a sought after payout... different strokes for different folks... and people are surely free to have short term viewpoints and approaches to bitcoin and/or any other asset class that they choose to buy (and roll over).

It's almost definitionally correct that the longer that you are into bitcoin, the more likely you are going to consider it as a long term investment rather than just a short-term trade - even though at the same time, there are plenty of folks who will come into bitcoin or get introduced to it (or find their entry-point) in terms of thinking of it as a short term trade.   People need to come to it however is comfortable to them, and surely there are a lot of folks who also will either reject bitcoin from the start or they will recognize bitcoin as a likely good investment, but fail to take any action to accumulate.  Then we have a recently large entrance group who thought that they were either buying bitcoin or exposure to bitcoin, and it seems that a multitude of billions of dollars of those folks got rug pulled.. and maybe questions about whether they might get any of their investment back.. and then also if they have been scared off.. and apparently, guys/gals like medioka consider this to be currently perceived as a short-term entry point (to the extent that we might consider "a couple of years" as short term.. when I first got into bitcoin, I thought 1-year minimum our of capital gains considerations, even though I was shooting for at least two year.. and look where I am at now, 9 years later).