Quote from: JayJuanGee on Today at 08:42:03 PM

Quote from: TrustedBitcoiner on Today at 08:06:10 PM

Quote from: JayJuanGee on Today at 07:15:25 PM

Quote from: TrustedBitcoiner on Today at 05:29:12 PM

Quote from: philipma1957 on Today at 02:34:08 PM

[edited out]

200 weeks of dca'ing!! dude thats crazy, don't do that

Buy ~50% of what you ideally would want to invest right now.
then buy more if price is significantly lower then your initial buy price.

That's a kind of retarded suggestion that you have in terms of general applicability.

In udder words, generally speaking, the financial and psychological practicalities of normies no doesn't work like the way that you are wanting them to work.

In udder words, you seem to be wanting to push normies more into gambling than they already tend to want to do.. which is emphasizing the wrong kinds of tendencies that no does not work out too good for actual long term investing...

Imagine bitcoin will be worth $0 10 years from now, weather you dca'ed in or not, you lose 40K period the end. DCA does NOTHING to mitigate the risks

it does however mitigate your ability to "get in early"... which I heard is kind of a big deal when it comes to investing Cheesy

hit the allin button people, its not safe, but it's your only hope!

DCA does mitigate the risk, you dumb twat.

Furthermore, each person has the ability to apportion DCA, buying on dip, lump sum and HODL... some of that is likely to change with the passage of time, so if you are in a position that Philip had been seeming to suggest to invest, which is $100k over 4 years, you may well not even have half of that at the moment that you start it.

But even a normie might only have something that is closer to $40k for the whole budget, but they also do not have $20k that they can apportion right away, an they might be lucky if they have $4k or $5k that they could apportion right away, but no one is saying that they necessarily need to make radical changes to their investment portfolio, so it may well be the case that DCA is the only real practical way to get in without causing too many psychological and/or financial difficulties.

Maybe we are back to describing the hypothetical, TrustedBitcoiner. What are the circumstances of the hypothetical person that you are wanting to describe TrustedBitcoiner? You are talking about a person who already has half of the amount that they are planning to invest over 4 years, or you want them to take out a loan or what? What does the rest of the investment portfolio look like this supposed hypothetical person that you are wanting to describe?

Are you talking about someone who already has an investment portfolio of $100k and they are trying to get to a 10% bitcoin allocation? Or what? Maybe we need some particulars instead of your spouting out nonsense about putting up 50% in advance as if you were at some kind of a roulette table. hahahaha.. you unrealistic pie in the sky gambling nincumpoop.

fair enough, I'm think more along the lines of Philip has X amount (cash in hand) he's comfortable putting into bitcoin and how best to go about that. to which i say put in half Now and hope that it dips below where you bought so he can put in the rest.