Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
You must not understand DCA.
DCA in respect to BTC does not give any shits about short term prices - except perhaps retaining a presumption that in the long term 4-10 years or more (or whatever is your holding timeline) bitcoin is likely to have prices that are higher than they are today, so in that sense that it is likely to be a good investment and profitable in the long term.
Buying on the dip is another dynamic that can be used to supplement DCA.. but it is not DCA...
DCA in respect to BTC does not give any shits about short term prices - except perhaps retaining a presumption that in the long term 4-10 years or more (or whatever is your holding timeline) bitcoin is likely to have prices that are higher than they are today, so in that sense that it is likely to be a good investment and profitable in the long term.
Buying on the dip is another dynamic that can be used to supplement DCA.. but it is not DCA...
No no JJG you got me wrong, I understand DCA and you explained this on WO like how many times? 465? Starting in 2014
So by now I think we on WO should know DCA like palm of our hand
Even I personally got some 1-1 JJG DCA Lectures
However since shahzadafzal didn't answer my proposal for a bet yet, I was hesitant to poke the next guy with a bet, as I'm by no means a betting person and I didn't want to come off as one...
That was a bet? I mean that was just a sarcastic smiley.. look..
Regardless of who you support, I think we can all agree (except for the odd alpaca) that BTC should have made a new ATH by the latter. 
First Quarter of 2023I mean I could take it like you meant... it will be ATH even before 2023.
Btw since BitcoinBunny mentioned alpaca aka llama, I was poking this singing llama with that comment
