Replying to Avatar replete sumo

Looking back at my investing track record. I'm a below average investor.

I suck at timing.

I suck at position sizing.

I suck at handling emotions.

The only thing that's worked for me is making fewer decisions. My most profitable decisions have been boring and obvious ones that I stuck to for years.

Eg: DCA into the sp500 for a decade.

Staying humble and stacking sats(via DCA) feels like the right decision for me and other before average investors.

cc: nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
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gurupanguji 1y ago 💬 1

as someone who thinks you’re a good investor because of DCA, I personally think that you are following a risk profile that you are comfortable with. and if you think you will be comfortable changing the parameters on _any_ of the vectors you identified, what prevents you from making a bet even if it’s not with sats today?

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replete sumo 1y ago 💬 1

I'm not sure I understand your question. To reiterate, I do run experiments but I'm unable to beat DCAing into obvious winners. In fact, in retrospect my biggest losses have been around opportunity cost of not DCAing into assets that I knew would do well.

Eg: DCAing a small amount of $ every month into Bitcoin for over a decade was the obvious, boring thing to do. Alas, it's not something I did.