I like how lump summing is finally being shilled as the correct move
Discussion
It’s just math
I took so much shit for this back in the day from the faggots like friar and the rest of dca crew
I forgot how I called them the taliban 😂
“Dca takes out the emotions” no it doesn’t. Then they just cope like the ops and pray for a crash. That’s very emotional. You can’t take out the emotions out of this. It’s all opportunity costs
Basically the ops are looking for financial advice. If it’s correct, it’s all on them. If it’s incorrect, they will blame you. But that’s not how this works. That’s how western commie losers think.
Dca is perfect for anyone that doesn’t understand bitcoin and lacks conviction. It’s the op gold standard
Ops can’t even define dca properly. Buying bitty with every paycheck isn’t dca lol. Dca is an investing methodology
👏👏👏
interesting. i always thought DCA was "put in what you can when you can instead of waiting til a theoretical better time"
That’s just trying to time the market
It’s actually the exact opposite. DCA was always the way. Hal Finney knew this. It was so obvious in hindsight. Bitcoin is an emotional roller coaster. Everyone FOMO’s in at exactly the wrong time. Conviction is having the ability to continually buy something over a prolonged period of time through the dark bear market where everyone tells you it’s dead and going to zero.
Okay op whatever you say , telling on yourself
You are so cool. Love all the spreadsheets and data you use to dunk on the DCA people. Wow!
It’s hard to explain the environment back then too, ppl were literally going after my throat for even explaining this. But the goal has always been to acquire the most bitty possible. And the receipts speak for themselves. Hindsight is 20/20. Foresight is where legacies are made.
When it clicked for me, lump sum was the only move that made sense. Then dca with any future income. Which is really just repeated lump sum-ing as soon as I get available fiat.
