Re: HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands
⭐ Merited by JayJuanGee (1)
No problem. I had been trying to highlight some of the area where I perceived us to be thinking about some of these matters differently, and even my assessment of the difference might not be correct, since sometimes meaning and/or intention can be lost in writing.
The solution to this is to have a Podcast, where we will get what you say.
... even the Lump sum guys of Hypos 1, 4, 7, 10 & 13 are including DCA.. so they do a lump sum and then they DCA thereafter.
"Hypo-1: 300 BTC - Around $225k invested, average cost per BTC $750, valued at around $9.3 million based on 200-WMA and $15.6 million spot price."
In these you mentioned Hypo's, a person has adequate number of Bitcoins so he can move on with DCA for rest of period.
advantageous to just invest one time in a lump sum kind of a way (even if you are able to do it), and the ones that supplement with DCA and even the ones with a lower budget may well end up spending way more on their BTC (even per BTC), but in the longer run, may of us would have rather been the guy with more BTC, even if our costs per BTC would have had been higher than the lump sum only guys.
Agree. If am getting right then Lump Sum plus DCA is the right way to move in the long runs.
One of my concern with so many hypos is that they can start to feel a bit cluttered and maybe even confusing - since why do we need so many examples, and surely another problem is that the examples capture a point in time, so there could be some aspects in regards to the information that is less than evergreen... meaning that the information for some of the timelines might need to be changed from time to time.. once every 4-year cycle, perhaps?
This is what I was about to write when wrote about your plan to roll out 1a,4a and 7a. This will make it difficult for anyone new to these Hypo's and trying to understand that.
... because even though it can take a long time to build an investment portfolio, it may even take longer to recover, and/or recovery might not be possible if some guys are gambling rather than investing with their time, energy and financial value.
Defiantly if you don't have a right path to invest in Bitcoin then you will end up in loss.
About gambling this quote just hit my mind. "In gambling, a winner is the one who knows when to stop".