Sustainability/discipline models are lost on people these days; they've become that used to getting automated limit alerts and indicator composites, or just not caring and letting the computers do the job some other way.
People who don’t even know what dollar cost averaging is are mansplaining to me and being blocked. Hint: You don’t get to cherry pick a high or a low. Because DCA means regular buy-ins regardless of price that day.https://twitter.com/Cernovich/status/1127695477682491392 …
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your thoughts on reasons for lack of financial literacy being taught in schools?
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Teach people enough, and they might want a piece of the action as well. Teach people TOO much, and enough of them will realiz it's a racket to make sure that enough money passes through a certain few "nodes" for a cut. For nothing other than being first or most political.
End of conversation
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The dca on bitcoin looks even better if it has been every 60 days over past 2-3 years
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Automation is an undisciplined investors CA wet dream. Set and forget for the win.
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Mikey!!
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DCA is fine, but buy on a Monday near the 10th-15th and you will (historically) have better results.
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Bitcoin is way too volatile. Read John Bogles book Common Sense Investing. You don’t have to outsmart the market. Only reason to invest in anything else is if you are looking to have fun.
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And "regular intervals" is key. Set it and forget it. Thanks, Mike.
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Will BTC last after this bull run or is it going to be the final and last bull run before a better coin comes up?
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I buy "X" every week. One week it is $5 one week it is $10 the next week it is $7.
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