Post
Topic
Board Speculation
Merits 4 from 4 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 05/03/2024, 01:35:25 UTC
⭐ Merited by Gachapin (1) ,d_eddie (1) ,vapourminer (1) ,AlcoHoDL (1)
trying to figure out the inflation between Nov '21 and now.

All these calculators are totally bollocks ...2% a year or so...laughable..   someone knows an accurate calculator?
I was using this recently and it seemed ok to me, it appeared to use accurate annual price index data:

https://www.inflationtool.com
Thanks!  But I have the feeling that prices rose way more than 13% in the last 3 years... 

anyways we are rich again... just until the next bear market when we dump to 70k

We could probably ballpark it with around 15% to 20% per year and be fairly accurate.  Of course, it does not reflect equally across goods and services, which causes some confusion in regards to how each person might be affected based on the kinds of goods/services he consumes.

I have been telling a buddy since 40k every time it goes up 5k because I told him at 4k to grab all he can and he called me stupid.

Not sure he likes me anymore. Cheesy
I stopped telling anyone. But many people around me ask, and I help.

Some of them went full in.  Today one friend told me he just took a loan to buy more (Saylor-style).  
Another one asked if it's time to sell.  Told him... buy when you can sell when you must.  
Life is good
Haha, yup, but I'm rubbing it in.

I actually started telling him somewhere around $800 but just recently when we were at 4k  (what was that 2 yrs ago?) I told him LAST chance!
You probably don't have to rub in anything.  It surely rubs itself in like sandpaper when he sees the price...

....It rubs the lotion on its skin. It does this whenever it is told....

4k was exactly 4 years ago...
I'm on the same page.

I always did little proselitism, only talking to a few people who showed interest or "looked right" for this club. With one person in particular, I went overboard to explain DCA and suggesting specific exchanges, specific amounts and offering help. After some time, I asked "how's DCA going?" and the answer was "it's too late now". It must have been 2019 or 2020. Of course it wasn't too late at all. I said so, but you know how it goes.

So I have a question: is there a restrospecive DCA calculator online? I think I saw it once. What I mean is a page where you enter the initial date, the weekly/monthly/whateverly amount, and it shows what the result would be today?

I'd like to rub it in gently.

https://dcabtc.com/

https://dcacryptocalculator.com/bitcoin?start_date=2022-11-15&finish_date=2024-02-18&regular_investment=100&currency_code=USD&investment_interval=weekly&exchange_fee=0.02

https://costavg.com/

I have used the first two, and sometimes you will need to manually correct the dollar values, but they tend to come out the same on the BTC values based on your inputed numbers.

They are pretty great "I told you so" tools, and they also work for the smug fucks who want to proclaim that they are making bank by trading BTC, shitcoins or other kinds of trading.  So we can point them out to DCA results and then ask them if whatever the fuck they were doing in regards to trading would have had beaten a fairly straight-forward DCA strategy... Of course, the longer the period, the less likely they would have beat it... especially if we start getting into 4 years or longer. .. unless of course, if they actually or more of an expert style trader, but expert style traders do not tend to pump their bullshit as if it were generally applicable to normies.

Of course many of us know that you can combine DCA and lump sum buying, so sometimes you would be able to beat DCA with a strict accumulation strategy that tends to buy more on the dips and maybe supplements with DCA at various points in time.