Quote from: salad daging on Today at 05:02:07 PM

Quote from: AverageGlabella on Today at 04:51:38 PM

Quote from: Hyperjacked on Today at 03:59:25 PM

22k $ looks like a nice reentry with limited downside risk imho we could see 21,600 imo but Ill buy these levels and strong buy at 21,600 if this continues.

There is always a risk of Bitcoin going down in a short time but most of us here are here for the long term. I say any point is a good time to invest if you are going to be holding Bitcoin for a long time. I am thinking many years but if you want to sell in the short term then dca is the best way to invest.

Anytime the price could go down but we don't care about that the important thing is for long term with 10 years duration it will be better for bitcoin we are now more appropriate to go in and buy bitcoin by any means maybe DCA is becoming a simple and common practice but make sure it is held firmly and long.

Focus the portfolio on bitcoin and don't look at other shitcoins.

Don't forget to HOLD.

I made a Pie by writing HODL BITCOIN as my motivation for bitcoin. lol
Grin

Quote from: salad daging on February 27, 2023, 06:29:56 PM

I think that I agree with your attempt to direct the idea of DCA salad daging, and one of the issues with the BTC price bouncing around within a certain kind of a range for a long time, there could be times in which we have already allocated a decent amount of coinz within this particular price range (and surely that is up to us regarding how to figure out the extent to which the quantity of coins that we have accumulated in and about these price ranges is "good enough for now" versus if we might want to consider to either employ more capital or to hold back on the capital "in case there is a further dip" so surely, we may well be in a better position to just "wait it out." if we feel that we have accumulated a lot of BTC in this price range (and even in lower prices), so we might not perceive ourselves to be getting a lot of value by continuing to accumulate within this price range.

Surely, we could also end up having regrets if the BTC price goes up and then it fails to go down further, then we might end up "kicking ourselves" because we then come to realize that we "could have picked up some more corn" in that price range.. so yeah, it can be a gamble an there can be a lot of dilemmas that are having difficulties working themselves out since we have spent a quite a bit of time passing through this price range in the past 8-9 months.. and surely having a cashflow for those 8-9 months could contribute towards our reaching an assessment that differs from another person who might have already transitioned into mostly living off of the income or a regular draw upon his/her assets (bitcoin and/or other assets).

For a no coiner or a low coiner, I would suggest that it should be a bit of a "no brainer" in regards to attempting to employ a kind of full force DCA that does not really attempt to second guess whether BTC prices might go lower.. especially given where the BTC price is at historically speaking.. and surely there are a lot of low coiners/no coiners that exist in the world - even though they might not even be sufficiently aware of their own status as no coiner/low coiner.. and they may wll not even realize that they are a "precoiner," so those of us who are recognizing the value and benefits of figuring out how many coins we want to get and how aggressive/assertive that we believe that we want to be should be in a much better position than those "precoiners" who do not realize their status..

hahahahaha.. and even some of the low coiners do not realize that they are low coiners either.. . .low coiner might be considered a kind of precoiner.. based on information asymmetry.. and/or failure/refusal to either study bitcoin adequately or to take adequate and sufficient actions to prepare for UPpity.