Yes but your top buys bring your cost basis up as well.
Better off coming up with a system buying at -20, -40, -60, -80.
Within 20% ATH put saving in cash and wait for dips as above.
Discussion
Nope. Bitcoin is unpredictable. You're gonna sit with some cash on the sidelines, that's not smart. I'll buy tops till I die.
You’re leaving sats on the table but ok
No, I'm not because if it drops to 90K. I'm also buying. They don't stop hahaha come on man
But the cash you used to buy at 110k is gone and could have been used to buy lower
Look at how many people are waiting for 90K, with 10000 20000 sitting in the sidelines, that would never be me.
What you mean we hit sub 80K like a month ago
That's right, and we're gonna buy more.
We not traders, so we don't care about the price. We just want the Bitty when Bittyy is at a 500k, it's not going to matter that you bought an 80000 or a 100000.
I know I’m just saying you could have more sats by being a little more strategic then buying $100 per week of whatever
Or*
Nah, you need to watch that video that shows the graph and the numbers when you dca, every week. How that beats everybody. I wish I knew the exact video.
I’ve seen them all. I’m not saying it’s bad it’s just not optimal
I’ve seen that video
Bitcoin regularly does -20% dips even in bull markets.
Ok so did saylor mess up he was buying tops for a long time. Pull the emotions out.
No but he has access to billions of low interest capital so he’s playing a different game.
If I knew how I would make a video to show the strategy against just a set DCA and show how they perform but unfortunately I don’t know how to make that type of video. But if you waited for 20% dips you’d buy here and accumulate cash then buy again.
