Quote from: goldkingcoiner on February 17, 2023, 09:01:13 PM

If you change the DCA strategy to one which buys the dip at seemingly steadying-out bearish market conditions instead of at fixed time intervals, one might see completely different results.

HODl seems to prove the best strategy only when assuming 5000%+ future prices. And what chance does a normie trader have to spot Bitcoin's potential in the early days?

So I see that study as fundamentally flawed. You simply cannot take into account pre-mainstream prices just as you cannot account for ICO/IPO investments turning out to be unicorns.

This is why DCA>LS

Normie newies have almost no clue about whether BTC is in a dip or not, until they spend a considerable amount of time studying bitcoin, and many of us longer term folks have hardly any fucking clue either.. regarding if the BTC price is going to go up or down from where we are at.

One thing that you do know is how much of a budget that you have and whether you can afford to invest $100 per week, or if you only have enough to do $10 per week or if there might be some other suitable amount.

Another thing that any of us should be able to figure out is what we want to be our investment target in terms of the other portions of our investment portfolio and other particulars related to us.. if we feel kind of whimpy then we might ONLY invest towards the bottom of the starter investment range which would be around 1%, and if we feel more bullish about bitcoin, then we might want to start out attempting to get to 25%.. and of course, if we study the space as long as it takes us to attempt to reach whatever target that we have, we might change our target or even start to adopt more advance techniques that include buying on the dip and lump sum investing.. and combining all three.. and we might even get to fuck you status or learn how to figure out what fuck you status is in terms of longer term ideas rather than fluctuations in spot price, including if we might consider that it is better to get in and out of bitcoin or if we might consider bitcoin as a longer investment that might help us to get to fuck you status when we might not otherwise have had considered it to be possible to get to fuck you status.

Quote from: OutOfMemory on February 17, 2023, 09:20:23 PM

Quote from: Gachapin on February 17, 2023, 08:55:39 PM

Quote from: Hamza2424 on February 17, 2023, 08:41:14 PM

BTC can do anything as a boyfriend...

Hamza, so you must have had a lot of boyfriends ! How is it to live as a gay in Pakistan ? Do you guys get beaten by Muslims, when you kiss in the open?

OK, Boomer...
I thought the bell curve is part of common sense nowadays, but here we go:

I know some gays who are more a man than most other men i know.
To be fair though, i also met some gays being more a lady than most women i know.

M'kay? Roll Eyes

EDIT: BTC going up to attack $25k agaist similar resistance figures, compared to last time King Daddy broke $25k?
The retrace was short lived and shallow. Good, good!

You can be whatever you want, right?

Cheesy

Even though your further post (OOM) clarifies some aspects of your points MOAR better, I am not going to chime in any further... unless provoked.

Quote from: Millionero on February 17, 2023, 09:29:37 PM

Whatever investing strategy you settle on, be it lump sum or dollar cost averaging, you´re going to execute it once, not 4000 times or some such. I haven´t read the posts, just looked at the graphic comparing large samples. No mention of variance. Okay, I don´t wanna get in a scrum with people, this seems like a contentious issue, so please don´t adopt my in support of your argument or lambaste me as helping the other side. I´m going for a walk now.

Well. Think about it.

If you have a budget in which you have already figured out that you have an extra $100 per week that you could buy bitcoin, and that has been your situation since January 2014. You could choose to buy right away as your money comes in or you could attempt to employ your buying of BTC at strategic times and there have been about 470 weeks - if you use 9 years as your investing timeline. To me, I don't mind weekly buys, but sure there could be arguments for fewer than 470 buys, but I would not be so much of an advocate of 4,000 buys in a 9 year period of time.

So maybe you have a system that you think might be better than buying weekly.. especially if you are starting out with zero bitcoin and you are considering building a stash out of your $47k that only comes to be available at $100 per week, unless you have some other reasonable variation of the hypothetical that you might want to consider.

Do you want to consider that in January 2014, you were already starting with an investment portfolio of $100k (but none of that was in bitcoin).. would that change your approach towards getting a position in bitcoin? What would be your allocation target? I doubt that it is really very controversial, but there is discretion regarding what method you believe might work best for you, if you had happened to have been a newbie normie in January 2014 with a $100 per week budget that you could invest into bitcoin and then what about for other newbie normies who might find their lil selfies in a similar situation?.

If you prefer to use your own forum registration date of August 30, 2016 as the investment starting date, then sure that could be possible to work from that date, which would ONLY give us around 6.5 years (or 338 weeks to work with), but hey, no reasons to NOT be flexible in possible scenarios or potential hypotheticals... though $100 per week since August 30, 2016 would ONLY get you around 7.66BTC with $33.8k invested. We should be able to work with that... anything greater than 3-4 years becomes more and more workable.. regarding what would you have done and why and what should others do (such as a newbie normie)?