0 sats \ 7 replies \ @anon 16 Nov 2023 \ on: deleted by author bitcoin
WRONG AND TERRIBLE FINANCIAL ADVICE.
As much as fiat is hated LEAVE YOURSELF FIAT LIQUIDITY FOR EMERGENCIES.
DCA HELPS KEEP YOU LIQUID BY SPREADING YOUR AVERAGE COST OVER TIME.
LITERALLY NO DISADVANTAGE TO DCA.
LEARN BASIC MATH YOU ARROGANT FUCKING IDIOT
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You keep posting this retarded fucking link thinking it's proving your point, it's not.
For fuck's sake, they're using a DAILY "DCA" versus a "lump sum and hold for 3-4 years" comparison. No one is buying Bitcoin daily and considering it "DCA", first of all, the fees alone on that would be ridiculous. Secondly, the price variations day-to-day combined with making a smaller purchase amount on a per-day basis are OBVIOUSLY going to have a smaller return versus purchasing a larger amount on a weekly, bi-weekly, or monthly basis (combined with the larger variation in the BTC:USD price).
I'm not even going to waste my time writing out the math on this. There's a reason why the person who posted that twitter link you keep spamming the thread with, disabled replies to their post.
So no, how about YOU learn some basic fucking math?
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You sound mad. Relax?
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stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
Where did i say to not leave fiat liquidity for emergencies? I will wait. Take your time.
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Sorry I couldn’t hear you, could you speak up?
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