[edited out]
Plus people in the topic who are convinced that there will be "NO MORE MAJOR DIPS" should stop thinking binarily and start thinking in probabilities. Because with the macro-economics looking bad in major economies like China and the United States, it could start a systemic event that might take the economies in different regions around the world with them.
The unemployment data in the United States will be a leading indicator in knowing if there will be a sudden crash, and if Jerome Powell starts to pivot - For the wrong reasons. The "soft-landing" might not happen. It will be "higher for longer" until something will break.
It sounds like you keep praying for a dip that might not happen.
Haha of course, with my strategy I'm always praying for a DIP!
But don't make it sound that the hypothesis about a possible recession caused my a macro-economic failure is not supported by factual basis. It isn't based on "prayers", ser. Simply data.
At least you admit that you are doing a lot of praying, and perhaps too much praying and not enough buying of BTC.
For the limited capital I have, I have enough. Don't worry about me, ser.
Additional purchases will be small and only if there's a good discount, which I believe will be coming.
Quote
The Federal Reserve has two mandates,
- Maximum employment
- Price stability
Jerome Powell must accept that to serve one, he must disable the other. In most of history inflation was never truly curbed until unemployment rate surges, causing a recession.
I know that you have been ongoingly and persistently distracted by such Macro nonsense... and since when should we have gotten distracted into giving very many shits about what the Fed is doing? Sure liquidity is a factor, but we still have bitcoin the three main factors that have ongoingly influenced BTC prices which is 1) stock to flow, 2) 4-year fractal and 3) exponential s-curve adoption based on Metcalfe principles and networking effects (as outlined by Trace Mayer).
OK, I respect the opinion, but let's wait for the "Macro Nonsense" if something does break. I'm not going to say "I told you so", but what I'm going to say is just save some of that DCA money and allocate it to Buy the DIP.
Quote
Hopefully you are adequately prepared for UP, and you are not regretting too much that you had ended up holding way too much cash in August, September and October waiting for dips that did not end up happening then, either... but hey, whatever, you do you.
My biggest purchases was during the year when I made this topic. Most of my savings until that time went into Bitcoin.
O.k. I will create an example 8 from this information...
--Snip--
You hoped that I'm adequately prepared for "UP", I merely replied to you that yes, I'm very confident that I'm ready. Your 8-point example will be wasted on someone who is in the left side of the I.Q. Bell Curve like me.