Replying to Avatar GUI⚡

Stopped my weekly DCA when #bitcoin price surged after Trump's election. Wasn't confortable with the new price range.

Started again last week and kept DCAing today.

I now feel absolutely confortable with these prices.

I'm ready to buy the new dips if they come.

I can't be the only one. That's why I think the next few weeks are gonna be lit! 😌
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DRE 1y ago

Lump sum that shit bro

DCA in general is low conviction stuff, but it specially makes no sense on a bull market when the price can run away from you in a matter of days

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GUI⚡ 1y ago

I don't agree with your low conviction stuff part.

Conviction depends more on the amount you stack vs the amount you keep in fiat. That's where it lies.

DCAing or using any other way to stack doesn't really matter.

And I find DCAing very soothing. I don't think, I don't wonder and ponder. I just stack the same amount on the same day every week. The rest is for dip buying. And in the end it's all sats...

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Brisket 1y ago

He's probably just referring to the periodic sweeping of excess fiat into Bitcoin . Aka saving in Bitcoin.

I doubt he's sitting on a lump of fiat & slowly DCAing that bit by bit.