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11 sats \ 3 replies \ @legxxi 27 Mar 2023 \ on: Don’t wait to buy #Bitcoin, buy #Bitcoin and wait. bitcoin
Very well said, also DCA beats any other strategy.
aaaaaactually research shows that lump sum outperforms DCAs. here's some https://twitter.com/w_s_bitcoin/status/1625858584021188608?t=8iWOgpHwMinsn4GGawYC-g&s=19
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I agree on paper, BUT normies are usually not buying when Bitcoin corrects substantially because there is something called emotions.
So, for most people (including myself), DCA is the better strategy and lump sum with the remainder.
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I keep getting told "wait for $25k" then "wait for $20k" and so on... feels like a committee type mindset where no one wants to have the balls to make an actual decision.
I'm with you. DCA, DCA, DCA.
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