Post
Topic
Board Speculation
Re: I AM DCA-ING
by
KingsDen
on 02/07/2024, 15:50:15 UTC

It's because I'm a bad trader and I KNOW I'M A BAD TRADER. You guys can spot the low and buy in LUMP. The weak hands will say IT'S GOING DOWN, I'LL SELL. You give your BTC at discount to the whales. For me, if BTC up, I'LL BUY, if BTC down, I'LL BUY. I am not lossing like you because I buy at HIGH and LOW (average).

You have already said it that you are a BAD TRADER  Grin and that is why you will intentionally buy btc at a price that is high, perhaps you are a spot trader hehe. I think you are a spot trader who takes of delivery for buy or sell from the market daily because I don't know of a hodler who want to go into the market at anytime no minding if price has gone high and then wait for next four years instead of accumulating with DCA at a low price. So I'm not going to DCA during the time I know price has gone up only traders do that because they sell too at a little price change/difference.
Yea, I am a bad trader like GameKyuubi. My only saviour in this market is DCA. Do you DCA only at low? Do you know the low and the lowest of low? If you know the low, wait for it and buy there. But with DCA I don't care about the low and the high.

I have a question, BTC is at $61,895, is this low or high? If you say it is low, what will you call $32,322. If you say it is high, how about $75k and anticipated $100k. While you contemplate, I buy consistently without looking at the price.