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.
Most times in the forum when you see those who are supposed to be veterans of the forum sound like newbies, it just might be that the person commenting isn’t who you think(maybe a newbie that just bought the account).
In the case of EarnOnVictor I think he’s just trying to make his stand not following the crowd. I think I saw where he said he’s tried all the strategies and feels what works best for him is buying the dip, it has been more profitable for him, than DCAing. But while buttressing your point @EarnOV don’t make it seem like other peoples choice of investing doesn’t matter and assume most people are just following like zombies. You should know just as you’ve gathered experiences on investing, others too have. What works for you might not work for me depending on so many factors.