EarnOnVictor seems to have hostility to DCAing and hostility to consistently buying BTC.
He was talking the same nonsense in the $30ks and then in the $50ks and $60ks, and so now we have a dip from $109k to $76k and currently bouncing in lower to mid $80ks and he is talking the same nonsense about waiting for dips, when we are already in a dip.
I have no problem to hold some value for dip buying, even though such dip buying may not be necessary in the first whole cycle of BTC accumulation, yet at the same time, each person has to figure out the extent that buying through DCA and lump sum might be better than buying dips or if there might be some combination of all three going on that is tailored to the individual circumstances.
Of course, EarnOnVictor is not opposed to selling and buying back cheaper, and I surely don't consider selling and buying back cheaper to be a good strategy for any low coiner or no coiner. I don't even consider it to be a great strategy for some one who is in some kind of a sustainable withdrawal phase, even though selling with an intention to buy back cheaper would be more acceptable for a person who reaches overaccumulation status.. even though it still might not work out very well to try to buy back cheaper after selling.
Another thing is that EarnOnVictor refers to maxis as if it were derogatory, which surely he cannot get over the fact that investing in bitcoin is superior to trading and/or shitcoining.... so he tries to argue that there is some kind of negativity towards staying focused on bitcoin and investing in it, rather than fucking around trying to trade it. He tries to suggest that anyone can trade, which truly is a misleading and perhaps even deceptive kind of a statement.
It's very suprising to see older ranking members of the forum talking thrash about Bitcoin investment, sometimes they act like newbies when they should already be very experienced about it, atleast even though an old member of the forum is not practicing bitcoin investment by holding the person should've learn from the experience of members who are strong investors/holders not some trader like investor misleading people towards the wrongs concepts.
As an old investor in the forum you're like a role model to people who's new into bitcoin investment and it would be unfair to mislead people into doing the wrong things that's why I sometimes overlook the things he says about Bitcoin investment, infact who even told him bitcoin being inexpensive is what the masses thinks, it's a fact especially if one is using the DCA strategy and moreover Bitcoin is still at it's early stage cause you never can tell what it would be in future, people are already speculating $1m just like they speculated $100k few years ago and their's chances of bitcoin getting to $1m in future. I agree with you Jay, traders think Bitcoin is very costly while real bitcoin investors thinks otherwise.
Of course the traders are trying to catch the right side of various up and down waves in the BTC price, and surely they can end up making a lot of money if they can have some directional correctness and also to have systems in place in which they do not get reckt if the BTC price takes off to the upside. Many of them can catch a lot of good trades, yet if they are not in bitcoin during certain times that the BTC price ends up shooting up, they end up missing very BIG opportunities to have had been able to hold more Bitcoin, so it can be quite difficult in advance to know when you need to be in BTC in order to make the BIG money, which an investor and/or a HODLer is not going to have that kind of problem because the system that the investor/HODLer is following causes the investor/HODLer to always be in bitcoin, and potentially even trying to build his position in his earliest years of investing, and potentially not changing his position very much, once he establishes his position (gets to a point of having enough BTC or more than enough BTC).
The trader might even have temporary feelings of wanting to stay invested in bitcoin, yet frequently the trader cannot resist the temptation to trade, and frequently has to rationalize about his investment performance, even though many of us can look at the DCA websites and see that if a trader were to compete with a DCA HODLer/investor, then the trader would have a lot of difficulties outperforming bitcoin, especially after a couple of cycles, and bitcoin's performance has been so great that there really are not any real justifications to need to perform better than bitcoin's performance. Bitcoin's investment thesis has not gotten weaker in recent times in order for the arguments to change, even though surely many of us expect that the slope of bitcoin's upward price curve is likely not going to be as high ast it had been historically.