was thinking we should create a new thread called, "buy the RIP, and HODL!"
We are entering that part of the cycle where as a DCA buyer your going to have that monkey on your shoulder saying "ooohhh, its expensive. I know i said I would ignore the price and buy, but damn its ripping"
Dont give in, your in your accumulation phase. Accumulate at all prices. Ignore the price and continue with your DCA, sometime in the future this purchase price will be lower than the ATL price of that cycle.
Here is an example to help
Mar 23 to Oct 23 we oscillated in that 22-30k range, then suddenly it jumped to 34k. Then over the next 8 weeks it landed it at ~44k.
If you had stopped accumulation at 30k because it was "too expensive" you would be out almost 26 weeks of DCA accumulation.
Dont do it, keep stacking :-)