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Replying to Avatar HODL

I don’t have an income right now. So unfortunately not a buyer. I play a different game these days. I’ve been trying to make more bitcoin by investing in bitcoin startups. Higher risk, higher reward.

But if I was to give advice it would be to pause your DCA a few months into the bull market. Accumulate dry powder during the bull. Then begin buying when it makes you feel sick to your stomach. Your buys should feel stupid, like you’re throwing money away. If you don’t regret making the buy it probably isn’t a very good buy. Then after I had deployed all of my dry powder I would begin to DCA again until a few months into the next bull.

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kale 2y ago

How do you determine when a bear market has ended and the next bull market has begun? Is it based on the halving? A percentage increase off the lows? Do you use previous cycles as a model?

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HODL 2y ago

I don’t consider us to be in a bull market until we have broken through the prior ath

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J 2y ago

This is my stance as well.

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