Replying to Avatar Mark

I’m actually slightly annoyed that the price of Bitcoin is going up. I JUST transferred some IRAs over and was going to DCA in with a considerable amount (for me). I’m not going to assume it’s going to keep going up, but it would figure that this is the time I’d be wrong. I feel like it’s not wise to turn all of the doll hairs into Beetcoins all at once.
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deleted 2y ago

If its an ira you are talking about decades before you access ? I dont see the point of dca in that situation, imo. But you are probanly fine either way again due to the long horizon.

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Mark 2y ago

You know, you're probably right. In hindsight, it won't even matter. It's mostly that the transfer of funds took a few weeks and the price just hovered around the same spot. Literally right after the funds were available to buy Bitcoin with, it's jumping up like 10%. But will I care at all in even 2 years? Unlikely. Maybe I should just turn it all into Bitcoin now and now even worry about it. I've got it set up now to buy daily.

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deleted 2y ago

If price keeps going up and your dcaing youll prolly be annoyed with that. if you buy all at once and price dips for 10 years but then is above wherever it is rn youll never know. Buy it all now imo then move onto better things with your time 🤙