The world is in morning after the news of Diego Jota’s death, you don’t have to be a football fan or affiliate to feel this dark pains and to make it even bitter he just got married two weeks ago and left a wife and kid, this is about Jota alone but also his younger brother died with him.

The cause of his death is via a ghastly motor tragedy that involved a luxurious car where the tire blew up while in motion cause the car to skid away from the road.

Luxurious fast car has been seen as a symbol of wealth and status so badly that almost every entertainer, athlete has one for themselves but these cars has been doing harm.

Last season Michiali Antonio a player from west ham had his season cut short with him battling for his life and career after he was involved in a car accident. This isn’t the only case in record, boxers, footballers and actors have been a victim of fast cars incidents

Yes there are speed limit laws but it seem that is not enough using the accident record. I propose there should be a law on the usage of fast cars, the only requirement to own one is your drivers license and your money. There should be a special license for the use of fast cars where users will go through a school in the handling of fast cars and overall usage. The government should not show a blind eyes to all this incidents.

Lots of people see informations like this on various media platforms yet they're still contemplating on if and when they'll join the moving train, I wonder if they don't think that if Bitcoin is a risk that's not worth taking, would those big players risk holding such amount in it? If it was a crypto scam would they trust the process and keep holding till this point? Those are the questions that not only procrastinators should ponder on but weak hands too who panic sale over every little downtrend. Bitcoin is a lifetime opportunity, it's not a speculation but fact cause it's proved it and still doing that so anyone that miss out on this opportunity now that's it's still cheaper would have themselves to blame in future. Those Diamond hands understand what it takes to make more wealth for the future that's why you see them pumping heavily into their portfolio and hodl than take profits soon, every investor should learn from them cause it pays to be patient.

It remains problematic to increase level of aggressiveness based on BTC price movements rather than based on the persons financial situation.  There is no problem to keep some money aside for buying dips, but we also likely know that the BTC price may or may not end up dipping.. so any of us will run risks if we are holding money back for dips that might not end up happening... especially for newbies who might still be in their early stages of BTC accumulation, they are likely better off to be buying regularly, persistently, consistently, ongoingly and maybe even aggressively, rather than employing waiting strategies that might not work and that might also contribute to less accumulation of bitcoin which probably should be the goal of many folks who are early in their BTC accumulation journey.


One aspect of DCA investing is that a person can pace his level of aggressiveness within his discretionary income, so if he has something like $150 every week for his discretionary income, he can choose some amount within that weekly $150 and he can vary the amount each week.

Surely if someone is brand new to investing into bitcoin, they might consider the creation of some tentative plan for what they are going to do for the coming 3-6 months... so they might have a weekly investment amount, and they also might have some amount of money that they have already saved up or maybe they have some other investments that they are considering reallocating out of the other investments and into bitcoin. 

Let's say that a brand new person to bitcoin wants to make a tentative bitcoin investment plan for the upcoming 6 months.  He knows that he has right around $150 per week of discretionary income, and he knows that he receives 2 or 3 lump sum payments throughout the year that tend to vary between $600 and $2k, depending on circumstances.  Let's say that he plans to invest $75 into bitcoin into bitcoin every week, and depending on his cash flow he might invest up to $125 on some of the weeks.. but the base amount is going to be $75 per week.  Let's say that he had also recently received a lump sum payment of right around $2k, so he has already decided that he is going to allocate the $2k towards buying bitcoin., so within the use of that $2k he has three buying options 1) lump sum buy right away, 2) defer by DCA and 3) defer by buying on dips that might not happen.

How should he use the $2k lump sum?  DCA is not the obvious answer as you proclaimed laijsica, even though DCA is one of the three available buying options.  Each person who is in such a situation should be considering how to apply the three possible buying options to his own situation in light of his own finances and psychology.. .maybe a default position for someone who does not know what to do based on the trade offs might be to divide equally into three parts, yet even within the DCA and the buying on dips he has to consider how to further sub divide regarding how much time to spread the buys (for the DCA) and how low of a price, what increments and how much per increment (for the buying on dips).


You are likely correct that DCA is the most widely viable for a variety of circumstances, yet anyone who has a lump sum amount of money come available to him, such as $2k (and he is usually buying $75 to $125 worth of bitcoin each week), he needs to decide between his options of 1) buy right away, 2) DCA and/or 3) buy on dips.  The answer is not obviously DCA.  He may need to consider [ur=https://bitcointalk.org/index.php?topic=5376945.msg58719590#msg58719590l]his personal factors[/url] in order to assist him with figuring out how he wants to allocate such lump sum funds.


Yes..  Sure.  I have largely been proclaiming that it is up to each one of us to determine how aggressive or whimpy that we want to be within our budget, and even within an attempt to follow a more straight-forward DCA'ing approach guys are able to figure out their level of aggressiveness within such DCAing approach.

So there could be situations to compare guys who largely have similar levels of discretionary income.. let's say $200 per week.

1) a guy might choose to invest fairly aggressively and consistently at $180 per week (90%) into BTC.

2) a second guy might choose to invest fairly whimpily and consistently at $20 per week (10%) into BTC.

3) a third guy might choose to vary his investment between whimpy and aggressive , so maybe minimally he is investing $20 per week no matter what, but some weeks he might invest up to $180 into bitcoin depending on other things going on in his life.

These allocation styles are somewhat personal choices, and they may relate to other kinds of things going on in their lives.. and perhaps even how much they prioritize bitcoin over the other things going on in their lives.  Each of these guys are likely going to do better 10 years down the road as compared with the guy who did not accumulate any bitcoin.

by merits?


nice work to theymos for the strong hodl

and of course to homerx10

and all of us over 10,000 merits

A decent number of folks wrongly conclude that they are too late, and no one wants to be the exit liquidity of others.

Yet, at the same time, if they at least appreciate that their failure to buy bitcoin is only preparing for down, and they are failing to prepare for up.. then maybe they could be motivated to buy some in order to prepare for up. but part of the problem is that they think that they don't need to prepare for up, and they wrongly believe that they are not prejudiced if they don't prepare for up... which yeah, 5-10 years down the road or later, they may well come to realize how much they fucked themselves by continuing to fail/refuse to act to at least get started, even if it is just $30 per week.. even while we know they are easily capable to do $100 per week..

Interesting, what assumptions would you say are being made with this model? E.g., Why should price be modeled as the log of the rank?

Well, that just shows that the market is unpredictable.

You can't time the market because it's very unpredictable. You might see it's price going up for a few hours then suddenly, it will go down. Just look at Bitcoin's price a few days ago when the Coinbase anomaly happened. It went down from I think around $68,000 to nearly $59,000 in just a span of a few minutes.

What's my take on what's happening right now? We're in a time where we need to wait for the market to correct before entering. We have been seeing the market going up for days already, and I don't see any reason for me to enter the market when the market is on the green. I mean we want to buy coins at a lower price, so it's better to just wait until the market corrects then that's the time for us to buy.

I'm interested in how to force a woman into a relationship , can you teach me?

In my opinion, Bitcoin has never left anyone or it can be said that the price of Bitcoin is moving at its own pace, which is currently going on and will continue in the future. If newbies invest in Bitcoin for the long term or if they are satisfied with limited profits with the market, they can continue to do so. However, they need to know about the risks involved in Bitcoin, and they should always avoid fake videos on social media because they can get scared due to these fake videos on social media. Your own skills are also very important for investing. There are almost many people who knew about Bitcoin long ago but they could not imagine that the price of Bitcoin would increase so much and become a popular currency. So they are disappointed and they often talk negatively about Bitcoin. So it is better to always keep your distance from those people.

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Please take a moment to get my point before you conclude. I know a lot of people judge a post by the topic alone and if that is applied to mine, I might be sounding anti-bitcoin since selling is highly demonized by a lot of people in this community.

Now the question is, assuming everyone who ever bough bitcoin is holding their bitcoin in their private wallets, what will be the fate of bitcoin and the bitcoin network? Does holding bitcoin strengthen the bitcoin network? If no, are those who sell and more their bitcoin on-chain generally doing bitcoin bad?

I believe in holding bitcoin and I'm actually holding some quantity and still buying. But a greater part of me feels that there should be more to bitcoin that just buying and holding in private wallet to gain some profits. I believe that bitcoin will be much more beautiful if a good number of human populations are using bitcoin for their daily lives and have real testimony that bitcoin actually made their lives better. We cannot achieve that if we only encourage people to buy and hold, can we?

I don't know if I have sounded so pessimistic towards bitcoin. From the depth of my heart, I want bitcoin to gain more utility than it has, the reason I made this post to seek opinion if there are people actually thinking in this direction or the right way of thinking about bitcoin is only HODL.

Start buying at timed intervals, On the long run you increase your stack and got less worries about the price. It will give ease of mind to not check the charts every x minutes ; )