Do you know what has a better return profile in BTC besides DCA, blowing your wad market buying all at once first chance you got, historically this has been the right trade. Unless slippage would matter for said wad
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actually I think this is idiotic. Blow 1m now you get 100btc. Blow it when it crashes to 4k again as we all go correlated on the way down it gets you 250btc.
Also - feels like the only people who spread this kinda bullshit are the exchanges cos they feed off dumb hungry plebs
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Exchanges always stack up btc when price crashes to the 3-4k range (which it has 3 times since the 20k pump). That is super smart asset management.
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Look I’ve said it before everyone is entitled to their own unique wrong opinion. The point is if you think the asset is undervalued buy it don’t spread your time horizons for acquisition over a larger period, unless you have size that dictates you don’t move the market
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I agree with your point. But - why go all in at any random point in time? After the 20k pump and the first crash to 3k this strategy became a bit of a hit/miss.
If we know we're headed for volatile times (like now!) best leave some firepower to buy shit after crashes.
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Point is you don’t know but you’re thesis is it’s undervalued that’s why you’re buying or DCA anyway so might as well fire and forget
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I think part of the point is that you might be best waiting until what you think is the best point and buying all in then, but that DCA isn't better than picking a random point (which might happen to be the best point!) and buying all in.
Lots of caveats etc.
Don’t invest more than you can afford to lose* unless you are a strategically important business to the government
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I am 100% certain that it will almost certainly yet likely go up in some indefinite time
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