With all due respect, you are just engaging in anecdote comparisons.
Look at the graphs and read the text in the original post here:
https://bitcointalk.org/index.php?topic=178336.msg61777181#msg61777181Your friend and Michael Saylor are just
current exceptions (small % of all scenarios).
However, when btc trades at 250K, your friend would be sitting pretty vs small DCAers in between.
Same for M. Saylor, however, it is a special case ince he went overboard (with loans) close to the top.
IF he only made that initial purchase at 17K, he would be in-the-money already.
Not at all mate, that is real life example, from both extreme ends of the scale. Just confirms my original statement, people tend to buy high not low!
As for my friend, he would be sitting "prettier", if he DCA instead of LS!... and i know he isn't the only exception... it is a larger than you may realize, people may be too embarrassed to let you know they bought in to high and too much!
and i also like how you are using the word "IF" now... Hindsight is 20/20