Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Troytech
on 01/02/2024, 00:10:53 UTC
My suggestion to provide various and diverse frameworks should still be within some frameworks rather than throwing up your hands and saying "anything can happen" because it is not correct that anything can happen with the same kinds of odds... maybe I am quibbling..?  but there is a difference between saying anything can happen and saying to prepare for a variety of scenarios.

Okay I seem to understand you more now, just as you originally explained I think we are making this senerios based on what can actually happen like a down trend senerio or up trend senerio which is part of a framework, and not preparing for senerios which would most likely or even not happen and maybe start putting efforts into it.
Because from what I had already been practicing as you taught, I just did a basic plan on how I would approach the market if it started an uptrend like, after the etf approval, the market did a little spike to 49k, I only DCA once at that time and that was my worst case senerio, but in other not to slow down on my accumulation process, I allocated more that my original 10% to it, I did 30% that week so I would match up with my Norma Dca plan, and when we had that dip to 39k I actually started lump summing more than DCA, I did three times that week and still did my DCA but this time 15%, I used a bit money from my reservation for the lump sum and I did a little cutting down expense to meet up with DCA,  and then my normal plan would be when the Market is consolidating around a certain price, I would just go with a mix of monthly lump sum and regular weekly DCA, just to balance things up.
This was how I original understood it.
Sir pls if you have any advice to give to me, that could enable me make my plan better would  be fine.