Post
Topic
Board Bitcoin Discussion
Re: Buy the dip people!!! Could be last chance for prices this low
by
amishmanish
on 16/03/2024, 17:11:28 UTC
--snip--

I adjusted my ladders today I buy at

 54.1k
 49.2k
 44.1k
 39.8k

my sell ladders are
 77777.77
 88888.88
 90909.90
The honorable miner patron of bitcointalk, always the one with the most practical and straightforward advice..Have missed these for the times i have been away from the forum.

--snip--
During these next few weeks or couple months and during next bear market I'm hoping to DCA a few dozen times at least in the $60,000s and $70,000s before those sorts of prices are gone forever. I already have a bunch of bitcoin from last decade, but my goal now is to over the years accumulate 1.00 more BTC doing little 0.0025 BTC buys (which I'm calling a Bitcoin-Person unit of bitcoin, cuz of the thread recently on here that showed how much bitcoin is available for every person on earth and its about 0.0025 btc, so every buy I do I'm accumulating the average amount a person could own if bitcoin were evenly distributed  Cheesy so every time I buy I'm like I just bought an entire person's worth of bitcoin haha!). 8 BTC-Persons out of 400 DCA buys now to get to that 1.00 goal.
I like that strategy and the concept. But yeah, DCA'ing is the way to go with bulk buys as per your capacity. Doing it with ladder buy and sells would be the idea thing. What i think is that with the advent of the bigger players, Bitcoin pricing will now be driven a lot by the fundamentals regarding legislation, perception etc. Those are the real signals now. The time of retail investors running the price up is possibly over now.