28 sats \ 7 replies \ @quark 16 Nov 2023 \ on: deleted by author bitcoin
Tell that to those who went all in above 65k. DCA is good for stress free investment in trending markets like Bitcoin. DCA may be bad in other markets but it is specifically good in Bitcoin.
Stop being innumerate! Learn to count!
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deleted by author
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Sadly, I cannot de-zap you - I accidentally zapped this comment, and I'm just pointing that out because this is a fucking idiotic comment and I would never have done so intentionally.
"$16K or $65K, doesn't matter, it becomes insignificant in the long term" -- yeah, tell that to people who are financially struggling and have bills to pay.
You do realize that what you are saying in your post here is actually advocating for DCAing, no?
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Read part 2. And gtfo shitcoiner.
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Yes I agree and I do the same. But it is not easy to do that. You may be lucky and many end up stressed and with a need to constantly check the charts. Some people prefer to set it automatically and forget about it.
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many end up stressed and with a need to constantly check the charts.
Once you have a solid understanding of Bitcoin, the fiat price becomes less significant. My best advice for newbies is to adopt a long-term mindset (5+ years atleast) and avoid constantly checking the price (bad habit). You can begin by modifying the top section of the page:
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