Why DCA #Bitcoin? Go All-in if you really want to change the world.
Discussion
Because markets are irrational and you can get more sats by DCAing
So I assume you don't believe in Bitcoin succeeding and that FIAT is a great currency? Or what makes you believe that you get for $10000 in 4 years more sats than you can get today?
No, I believe markets are irrational. Many people are calling for a recession in the next few quarters. If that happen, markets naturally move away from risk on assets. While true bitcoiners realize that bitcoin really isn't a risk asset, the market doesn't yet. The price of bitcoin will drop asking with other risk on assets. If I go all in right now, I'll miss that opportunity to get cheap corn
Not everyone has the means to go all in. DCA in theory allows people to portion their savings into bitcoin irrespective of the cost. The DCA mantra however, is largely shilled by the same people who only use or are sponsored by KYC exchanges.
It’s an idiotic strategy for people using KYC to DCA daily or hourly like some people boast about because the tax implications are outrageously retarded and a boating accident won’t help you evade that.
Plebs need to learn how to buy Non KYC via P2P or a similar exchange like Bisq, Agoradesk etc. DCA is sometimes the only way on a platform like that for a multitude of reasons I could get into later if needed. Regardless, DCA is great, going all in is also great, but if you’re buying the majority of your stack KYC, what the fuck is the point of even buying bitcoin in the first place?
Yes, KYC should always be avoided ✌️
Yes It is true. Go All in every time that you earn some money. At the end, its All IN with DCA
Yes, that's a different story ✌️ I mean people who still have a lot of "savings" in FIAT. That makes no sense imo.
Both, all in and DCA from paychecks
Dca eliminates buyers remorse.
no financial advise 🧡 just fact
👊🤲💎
Most people is still getting their paychecks every week or month. DCA is actually a good strategy…
Buying #bitcoin is meant for saving that money.
You don't want to save "everything", because you may need to buy shits with paper monopoly money
If that's what you want to use #bitcoin for, then yes, that's your way. I'm here for change - end the bizarre FIAT system. So this won't work for me.
I want to save my money from the fiat system.
My idea of change is to talk about bitcoin to almost every person i meet in real life man.
Going all in with your own money alone won't change anything, you need to teach about #bitcoin.
I'm actively doing this
I actually just posted something similar to this. I realized the importance of this while reading today.