From your link/example, it assumes that, an investor is very liquid and has $250 every week to buy Bitcoin in whatever price range. It also assumes that the stress of investing won’t affect him. But wouldn’t the “liquid investor” from your example beat 13.5x if he simply bought Bitcoin with the whole $65,250 5 years ago?

Then, wouldn’t lump sum investing during the dip in times of fear + DCA the dips + saving cash during euphoria to buy more Bitcoin during times of fear, be a more efficient strategy for both capital and sanity?


You started the DCA system 5 years, I started Buying the dip, and HODL 3 years ago. I don’t beat 13.5x that started 5 years ago, but I beat the same system if it started the same time 3 years ago. My mistake was increasing my average price by buying more between $10,000 - $15,000.


I like your DCA approach because it’s not stressful, but I can’t buy blindly if I invest based on my personality, I save during times of euphoria to invest later if there’s a discount, and Bitcoin currently is on a discount.

Personally, I have some difficulties conceptualizing that attempting to throttle up and throttle down your strategies based on where you believe the BTC price is going to go is going to yield you better results than a strategy that attempts to mostly minimize those attempts at timing (aka outsmarting the market).

On the other hand, there are likely ways that you are going to be able to tweak on the edges as long as you largely have a system that you attempt to follow, and even though I am going to go along with you and attempt to analyze timing effects within each of the categories, when any guy is looking at what he is doing, he needs to look at the whole thing as a package, so he is likely going to be able to tweak within each of the categories in such a way that attempts to somewhat account for some of his anticipations of BTC price direction - while at the same time built in doubts (which many of us should always have) should result in his tempering the taking of BIG risks in one direction or another (in other words, if he has created smart systems that are already largely attempting to tailor to his own circumstances including account for various anxieties, then his temptations to gamble should also be largely tempered.. perhaps not completely tempered because many of us have some levels of wanting to gamble.. at least a little bit based on information that we believe that we know).

Let's attempt to take a look at how timing (or feelings) can play a part in each of the categories.  Let's continue to use the example of $250 per week with an additional surprise $6k coming available once per year (since you seem to like this amount so much - in spite of your battling with it.. . hahahahaha).

Lump sum investing - this category is already kind of already inclined to take out some timing aspects because it is suggesting that as soon as you get the money, you invest it.  Sure you can take the $6k per year or whatever extra money that you might get from time to time and divide it into parts so that you can use in other categories, but you can also just put it in straight away.  The reason that I tend to just divide that shit up into three as a starting point is that I just want to have some advantage of each of the categories, rather than putting all my eggs in one basket.  Of course, if you do not have shit into bitcoin, and maybe you have set your BTC accumulation target at somewhere between 1% and 10% but you have not even come close to reaching your accumulation target yet, then you might be more aggressive on the lump sum aspect.

By the way, in about 2016 or so, I grew away from the idea that there is a need to be continuing to reallocate your gains, so for example, if you set some initial allocation amount of somewhere between 1% and 10% (let's just say 5% to be in the middle of that), but the BTC price goes shooting up 2x, 5x or 6.5x for example, then let's just say that when the BTC price was at $10k, you had largely reached your 5% accumulation goal, but as the BTC price went up and your other assets did not change too much in value, your BTC began to take up way larger percentages of your overall portfolio and at $20k, it was around 10% and around $50k it was around 25% and around 32.5%... And, so when the BTC price comes crashing back down to $30k-ish, your allocation in BTC becomes 15% - which is still way over your initial authorization of 5% into BTC.  

I used to go along with some of those traditional investment ideas in terms of considering various times to reallocate, but since about 2016 when that first started to become a potential issue for me, I personally decided to say "fuck reallocating," and instead let the winner ride, and I believe that there are a few aspects to the formula that likely needs to be present in order to decide not to reallocate, and one is already having other investments that are decently solid so that you do not necessarily need to take profits from BTC to put in those other assets.  Another thing is both having confidence in the underlying fundamentals of the asset and even not being deluded into believing some piece of crap investment (such as a shitcoin) has strong fundamentals when it does not.. Bitcoin does seem  to fit the category of being a strong fundamental investment, yet of course, opinions are not necessarily going to agree about that, so in essence what I am saying that in order to stick with your reluctancies to reallocate, you have to both have developed ideas of the fundamentals being strong and in order for that approach to be long term profitable, you ultimately need to end up being correct, which the future may end up proving you right or wrong in terms of what you thought would happen and what ends up happening.

DCA  - of course, DCA completely attempts to just take an amount of money that is comfortable and just to blindly put the money into BTC no matter what the price - whether that be $250 per week or $20per week, $1,000 per week or some other amount or increment.  There should be little to no timing attempts with this, and surely, if you don't want to dedicate the whole $250 that you get towards bitcoin purchases for that week, you can assign some of it for buying on dips.. nothing wrong with that, even though personally I believe that while you are attempting to reach or even maintain your allocation target, you should be dedicating a certain amount to ongoing, continuing, persistent and regular DCA-ing, even if it is a relatively small amount. Once you reach or even exceed your allocation target, you can become much more lax about whether you continue to DCA at all or maybe considerably reducing the amounts or intervals of DCA in order to account for your having had reached or exceeded your target (which also could be considered as being reached or exceeded based on BTC price accumulation).  

Maybe in 2016 when the BTC price was around $600 each, you considered your overall income budget and considered that maybe over the years you might be able to get about 21 BTC, which would be around $12,600 invested, and if the BTC price went up to a few thousand dollars (for example $5k), you would end up having around $105k in value that you could continue to build.  

However, through the years, you saw the BTC prices going up and down and you lost your focus and you fucked up a whole lot because you were trying to time ups and down, and you never reached your 21BTC target.  Even after the BTC price went up to $20k and then came back down to $10k, spent a lot of time in the $7ks and even $3ks, you never did reach your 21BTC target,  but somewhere along the line, you did get up to 15BTC, and you started to consider that 15BTC might be enough.  Even in September 2020, BTC prices were around $10k, and you had largely reached and exceeded your short term $100k plus target because your BTC were worth $150k.  Furthermore, thereafter you saw your 15BTC go up to almost $1million (at $64,895) and you also saw the 15BTC go back down to below $500k (at $30k)you had.  

So, I am not going to concede, Wind_FURY, that you had not been fucking around the whole god-damned time trying to time the market by failing and refusing to buy, so sure you did not reach your 21 BTC goal, and maybe even you have not been able to reach or maintain a 15 BTC goal, but in the end, maybe you are coming to realize that maybe 15 BTC might be enough because you might not need as many BTC as you had originally thought, but you keep fucking around by trying to time the market, failing and refusing to continue to buy on a regular basis... So even though I do not know (or care) about your exact numbers, AmiNOTrite about the negative repercussions you have continued to feel with your lame-ass attempts to try to time the market when you should have some category (and amount of money) in which you should just be regularly buying BTC in order to reach some kind of somewhat tangible goal?  

Buying on dips - maybe this is your favorite of the categories, and I have no problem with this category getting a certain amount of emphasis.. but there surely can be a trade-off if too much emphasis is placed into this category which causes peeps to be inadequately prepared for UP.  Each of us should be figuring out what balance that we need to make in order to be prepared for both price directions, and so damned frequently in the bitcoin space I see folks who way the fuck inadequately prepare for up.... so as I already mentioned, you could have made a bit over a $10k investment in BTC in 2016.. and then just sat on such investment and would have largely been adequately prepared for UP. .. so then just don't be playing around with that part of the investment and then maybe continued to follow various other strategies.

Of course, if you were not around BTC in 2016 or if you failed/refused to adequately prepare for UP, then you gotta start from where you are at, which means that if you are a nocoiner relative of Wind_FURY.. don't be listening to his ongoing dumbass suggestion to wait or to ONLY employ buying on dips, you gotta be doing those other parts too.

Furthermore, it does not matter if you could have performed better blah blah blah if you end up NOT getting the timing correct because you are trying to get more BTC for lower prices and the BTC prices do not end up going lower.

Anyhow buying on dips remains ONLY one of the components, and I personally do believe that it should be incorporated right from the start of investing into BTC because it helps psychology and finances when the price goes low or even lower than expected, so having some money prepared for both low and even perhaps lower than expected could feel good, even though the overall value of the holdings may have gone down 10x or more than any amount of money that you had prepared for buying on the dip.   Accordingly, let's take the person who had accumulated 15BTC, and when the BTC price drops from $64,895 to $30k, then that person had gone from having a dollar BTC value of $975k down to $450k, and so maybe he bought at various times in the dip, including buying at $5k at $52k, and then buying another $3k at $42k, so then when the BTC price reaches $30k, he may have ONLY about $3k - $5k left in his funds, and in some sense he has already run out of money so he is feeling like he cannot buy anymore at the $30k prices because if the BTC price were to go to $25k or even less to $20k, then he would not have any money for those dips, and he is feeling in a bit of a dilemma.  

Of course, I can feel the dilemma, and instead of trying to time exactly how far the dip is going to go, my buying on dip strategy had already bought all the way down from $57k to $30k, and I still have buy orders going down to around $15k.  So personally, I am suggesting not to be timing this or trying to figure out shit.. If you feel that you bought too much too high, then hopefully you learn from your mistakes, and I am suggesting to continue to set your buy orders at various increments in order that you continue to buy on the way down, you do not stop buying and you do not run out of money.  So even if you ONLY have $3k left, and you are ONLY able to buy small amounts, I would be suggesting to figure out your buy intervals and set your buy orders all the way down to where you believe that the BTC price could go and maybe even going beyond where you believe that it could go.  You gotta find a balance in this that is comfortable for you in terms of your believing that you did your best under the circumstances including your likely considerations that you feel that you already fucked up by buying too much too high.  

By the way, I am not even conceding that the bottom of $30,066 is not already in, but I am just playing along with the idea that there are a lot of peeps (probably including Wind_FURY) who are feeling a decent amount of anxiety because they already fucked up by running out of money, buying too much too high, and now are thinking about the what ifs that might be quite a bit of of wack of what is more likely to happen in terms of this particular current shake out that we are in the midst of.

So for example, if you ONLY have $3k left and your cashflow projections anticipates that you will likely be getting another $250 per week for the next few months, and if you also believe that there are decent chances that BTC prices could go down to $25k and in extreme cases could go down to $20k, and you are thinking that the odds are really extreme.. such as less than 2% that the BTC price could go below $20k, the you might set your buy on dip orders down to $20k with the $3k that you have and then just plug in the extra $250 per week into that buying on dip plan at various points as that money comes in.  

So even with the $3k, you might consider that buying $300 for every $1,000 price drop would be prudent, and at the same time you are depressed because your 15 BTC collection goes down in value about $15k every time that the BTC price drops $1k, but you are ONLY buying $300 with each of those drops, so you start to believe that you might be doing something wrong.. blah blah blah.. and I just say stop getting all caught up in bullshit about the loss of value of your BTC and just carry out your buying on dip plans as well as supplementing with the other two BTC accumulation strategies, and in the long run of 4 years or more, you are likely going to be doing quite well with any new BTC purchases that you are making.. whether buying on dips, DCA'ing or lump summing, and surely considering and attempting to tailor those three strategies should be very helpful in terms of reducing a lot of anxiety during BTC price dippening periods whether the BTC price is going to be continuing to dip for some uncertain amount of time into the future or whether the bottom is already in.. I surely am not going to presume to know, even though I do suggest that anyone who buys BTC at any price should be buying with an anticipation of holding such new purchases for at least 4 years from the time of the new purchase.


No.  I started more than 7.5 years ago, you fuck.  Why do you keep perverting the various facts or what I have been attempting to communicate with my various examples or hypotheticals or speculations or whatever?

I used the 5 years in order to go by your forum registration date in terms of your getting involved in bitcoin, so I am not competing with you, you fuck.  Nonetheless, I did proclaim that my system of largely following DCA and other related strategies has largely ended up paralleling the performance of the DCA system of 42x.

So, I am not even proclaiming that DCA either needs to outperform various kinds of other hybrid systems because there surely can be other goals that are attempting to be achieved by employing a variety of systems.  Many times I have suggested that I hardly give any shits about my actual BTC price performance because my preference was to be able to achieve something that was very similar to my traditional asset returns which was averaging around 5.5% per year, so it would be nice to match that level of performance but not necessary because when I started investing in BTC I was accounting for BTC being a potentially risky as fuck asset, and along the way I have continued to have those kinds of considerations about the risky as fuck nature of BTC, so some of the strategies that I personally created were to attempt to protect my own investment from some of the downside risk and some of the seemingly built in and inevitable volatility.

With all of those considerations, my BTC performance has still largely matched the DCA'ing average that is about 42x, and I was attempting to get you to discuss your supposed attempts at doing better than DCA and to compare whatever the fuck you are doing to what you would have gotten with a mere blindly following DCA strategy.. that is not trying to time shit.

Of course, the DCA strategy charts can be clicked on to show that the longer that you have been employing the DCA strategy the greater your returns and even likely if you average them out on a per basis, the longer that you have been in, then the better per year performance that you are likely to get.  Of course, when you are looking at a shorter period of time, then sometimes you are going to NOT have either very good performance or there may be some getting caught in various kinds of correction periods that cause the shorter term periods to not show too well on the DCA chart... so now you want to say that you just started 3 years ago, and your first two years do not count?  Fuck that bullshit.  Maybe your are just too much of a newbie because I was trying to use a longer (and especially longer than 4 year period) to show that DCA really is a solid practice?  

Surely 3 years is more problematic because of BTC's four year cycle that is not even guaranteed.. so you fuck, you want to suggest that you have only been investing your timing the market strategy for 3 years.. what a fucking twat.  Part of the considerable power of DCA is to both let the damned thing run for a long time and to continue to do it, and there comes a kind of compounding effect that comes from the time in the market rather than timing the market, so the shorter the period that you pick (you fuck) the smaller the ability to show any kind of performance difference from any random strategy

O.k.. whatever, I will play ball.. a wee bit.  We already saw that 5 years had shown 13.5x..  Of course, we are in a good cycle now, so 3 years and 4 years are still going to show decent results. but I still am suggesting that the longer that you merely do the DCA then it is likely going to perform well, and if you are making some kinds of claims to having superior performance, as if the ONLY thing that matters is maniacal focusing on upside performance (which that also is not correct, because many times long term investors want both upside potential, but they also want some kinds of feelings of wellbeing in regards to downside risk, too).

By the way.. just for shits and giggles in terms of your shifting goal posts methods of attempting to interact here.

4 years DCA'ing shows 438% returns  (so easier to beat that, right?)

3 years of DCA'ing shows 341% returns   (so easier to beat that, right?)

So have you beat the 3 years performance with your attempts at short-term selectivisms? Even with your wanting to ONLY selectively start the employment of your supposedly enlightened approach at 3 years, rather than you forum registration date, then surely you have been able to get better relative performance with that no?


Oh gawd...  

Maybe it's o.k. to play along with you here.  So O.k.  You are really suggesting that you started investing in BTC 3 years ago rather than 5 years ago?  You do not want your first 3 years to count, right?

Think about my situation?  I started at the end of 2013, which was the top of that price run.  My starting purchase was at $1,200, and the price did not get back above $1,200 for more than 3 years in early 2017 and the price did not even stay above $1,200 until March/April.  I don't selectively choose my BTC price performance based on that. I made a lot of mistakes along the way, including getting a lot of BTC taken from me through a sims port hack, and I even include the price of those BTC in my overall calculation of BTC price, so my average cost per BTC went from below $500-ish to around $750-ish from that hackening situation.  But I do not try to spin that as NOT counting, and still over the 7.5 years that I am in my overall BTC price performance is still inline with the DCA'ing projections. and I believe that I am engaging in strategies to insure my BTC portfolio from downside price performance risks and BTC price volatility, which should take away from my BTC upside price performance, but my BTC portfolio is still largely matching the DCA price expectations that are in the chart in terms of the 42x .mine is like 48x... but whatever, I have been in longer than 7 years and more like 7.5 years... even though my first 1/2 year or so was building the initial stash that largely did not come close my accumulation target until getting close to being a year into BTC, but I had not really realized and/or embraced my BTC accumulation target until I was around 9 months into BTC... so then I started considering 10% was my BTC accumulation target in respect to BTC as compared to my other investments.





Well reduce your amounts then.  Going back to the $250 per week BTC budget, if you have personality inclinations that you want to fuck around with 1/2 or 3/4 of that amount, then don't put all of it into DCA. I am not even saying to follow any approach that you do not agree with, but I am saying that it is really difficult for anyone to beat DCA overall, and like you suggested, it is not just about finances, but it is about psychology too (even though with the more and more passage of time the finances does seem to work itself out with DCA, too.. especially if the asset ends up going UPpity in the long run, and generally BTC does tend to do that, at least so far).


Nothing wrong with that.


By the way, after responding to each of your above points, I acknowledge that there are some parts of my response in which I am getting a bit frustrated with some of what you are saying, and part of my frustration probably has to do with when I get some senses that the goalposts or the hypothetical is changed or there seems to be selective employments of facts that seem to avoid some of the earlier points that were being made.  

Of course, if you want to proclaim that you have ONLY been investing in BTC for 3 years (or employing your strategy/method for 3 years rather than 5 years), then I suppose that could be fair, too.. especially if it is actually what you did in terms of not really getting started in investing in BTC. but still seems a bit problematic, because of course, with any investment there are going to be more and more benefits that come with more and more time in the market..

Accordingly, I can concede that newbie investors can take a year or two just to build their investment portfolio (with BTC or any other investment) to some kind of somewhat meaningful amount that it makes sense to even think about it or moving it or whatever.. so sometimes the first few years might be injecting so small amounts that it really does not seem to add up to much if anything.

I look back at my own earlier days in investing, and I see that my investment amounts were relatively piddly.. so it can take a lot of time to both build the investment amounts and also for the various investments returns to start to show and to compound upon themselves... to also show greater and greater amounts that really show 15 to 20 years down the road rather than in earlier days of building the investment portfolio.. and even from my own experiences the compounding really seems to show more and more further down the road.. - kind of the expression of it takes money to make money.. but surely a doubling of $100k is going to seem way greater than a doubling of $1k.. even though it is the same percentage.

sometimes human nature that lacks confidence makes thinking confused, even though the price has dropped to -80%, they still don't believe that it is DIP,
and are still waiting for another dump, even though it is DIP, like some time ago, the price of BNB, ETH , and XRP really dropped dramatically and if you observe,
the prices of these three coins have increased by more than 20%, just imagine if you are confident, of course you have made a profit

I was referring to the link you posted, it started 5 years. I don’t know when you started, nor do I care.


I believe my post history in the Trading subforum would show that I already told everyone that I started by day-trading Bitcoin and altcoins and lost most of my savings.


Good! I’m happy you found success. Although I wouldn’t recommend it. Do you believe the best traders would recommend it?


Moving the goal posts? How? Get the context of the topic, and what the sentiment was when it was created. It’s “Buy the dip, and HODL”, not “Buy blindly, and HODL”. It was during that time when not many people were encouraging to buy, when everyone did not want to buy. It was during that time when everyone believed that Bitcoin will never surge to a new ATH again, because of Roger Ver, Craig Wright’s FUD, and other FUD.

Plus I would never tell anyone to use their money to FOMO buy the top, and “don’t worry about it, just use DCA”, because NO ONE has unlimited capital.

Being late is a common misperception when it comes to bitcoin.  Even when I got into bitcoin in late 2013, there was a lot of perceptions of being late.. so "being late" is a persistent misperception.


I consider myself pretty damned conservative, too.  So, surely there is a lot of value in both wealth preservation and figuring out ways to make sure that it is also not depreciating.. so a bit of a problem keeping value in cash or cash-related investments.



You can learn as you go.  So if you are feeling a lot of reservations, just start out with $10 per week, and at least that will get you to set up some accounts that are related to bitcoin, and having a little bit of a stake in it will motivate you to learn more.  Of course, you might consider $10 a week to be too small, and that is on you regarding how much would seem sufficiently small but also allow you to feel comfortable about not giving too many shits if you lose all of it.  So another possibility could be creating a lump sum of $1k, and then $10 per week as you are studying the matter and figuring out whether you want to invest more or change your strategies or maybe even to figure out ways to get out or to time your getting out (if you choose to do so)




All of that sounds pretty good.  Just make sure that you got your shit together in terms of NOT investing too much so that you end up panicking at the wrong time or needing to get some of your value out that is NOT completely at a time of your own choosing.  I personally suggest having at least a 4 year investment time horizon for any new cash that you put into bitcoin, and of course, if you have 10 years or longer, then you are even likely to be much better off.  Of course, having a 4 - 10 year minimum investment time horizon at the time of entering the investment does not limit your ability to exercise your own personal discretion to get the fuck out at any time that you feel like it.. but the thing is that if you are somewhat prudent and reasonable with the amount that you invest (by not investing too much) then there should be no reason to panic, except that you ended up managing your cashflows in a poor manner. 

Personally, I like to project my cashflow around 18 months in advance; however, when I was a bit more of a youngster like in my 20s, I did not have as many complications in my finances, and I would only project 6 months in advance, but anyhow what I am saying is that there can be some advantages to projecting out longer. .and surely anyone who is getting into their 30s or 40s is likely even in a better position to project out their cashflows.  Now if you have a kind of fucked up fluctuating payroll, then probably it is way better to both project out longer and also to error on the side of counting your income in terms of minimums.. So for example, if you monthly cash fluctuates between $1k and $6k per month, then I would tend to error on the side of counting the lower end of that cashflow, such as being close to $1k so that you are not caught with your pants down, and sure any particular month, you may well be able to UP your cashflow projections for that month when it becomes more certain regarding how much you are going to get - ev en if you have not received it yet, but I would still precaution on the side of not counting your chickens before they hatch in terms of erring on the side of being conservative in terms of whatever you expect to receive until you actually have that money in your grubby little hands (or in your bank account or however else you receive it). 




This thread is about bitcoin, and fuck those various shitcoins.  Of course, you are free to invest in shitcoins if you like, but it is likely not necessary, even though it is your choice... including the illogical idea of diluting your investment into non-leaders of a sector if you have already determined bitcoin to be the leader.  Of course, a lot of people are confused about whether bitcoin might not be the leader.. but whatever.. do what you gonna do..

By the way, here's a link to Michael Saylor's February 2021 discussion regarding diversification into non-leader projects, and maybe this will help you to the extent that you want to be helped and not distracted by the bullshit talking points of the various garbage value suck gambles that you mentioned.  We are talking about investing rather than gambling, right?






hahahahahaha

Funny that you already have a pretty good idea about what is going to be said, but you say it anyhow.

One question might be why dilute your investment into that other crap.

Another question might be whether you get to a pint that your investment is solid enough (in bitcoin) that you are feeling comfortable to gamble a wee bit in some other projects (crap).

Yeah, of course, part of the reason that you want to gamble rather than invest is that you do not feel that your investment amount is LARGE enough, so you want to take your chances that some crap projects might outperform BTC.. so in other words, yeah, you do not understand what differentiates bitcoin from those crap projects.. so there is ONLY so much that can be said in terms of your believing that there might be some long term value in those shit projects rather than considering them for the in and out gambles that they are and if you are going to fuck around with gambling, then the gambling should be in a different category rather than considering it as a long term investment strategy (which is where bitcoin fits).
 


Who knows if you would end up getting disconnected from the dollar or if that is even a reasonable goal.

Of course, part of the goal should be to hedge your investments against the dollar, so that way if the dollar is not performing well you have investment(s) into something that is not dollar denominated, dollar pegged or dollar reliant... but still there is going to likely be a long time before we are completely removed from valuing in the dollar or having dollars as a kind of stable coin.

Actually, in recent times, almost any shitcoin has been performing better than the dollar, but merely because you can throw a dart at any random shitcoin and outperform the dollar does not necessarily mean that any of them is a good investment and that bitcoin would not already be adequately protecting you in terms of having a sufficient and adequate dollar hedge.




I am starting to feel that I am allowing myself to go down this shitcoin discussion too much, and probably you need to take such discussion somewhere else if you really believe that it is worthy of exploration regarding the various trade offs including your desires to gamble with a portion of your investment.. Sure some of that could end up working just fine for you, especially if you work out various kinds of solid systems that do not end up costing you way more than they benefit you and also a lot of brainpower focused on various kinds of crap in terms of trying to figure out which one is going to pump and when and various other bullshit considerations regarding their nonsense talking poinkts..  So then whether you believe various factors of getting into shitcoin can apply some DCA and buying on dip principles in terms of some of our attempted discussions in this thread, then is that gambling or DCAing or what?

Again, fuck shitcoins and gambling and take that nonsense somewhere else... nothing against you personally.. just want to try to keep some of my own sanity rather than trying to weigh which shitcoin is less shitty for the moment versus another versus pumpamentals versus blah blah blah. .... getting a headache just thinking about such nonsense or the various factors related to which shitcoin is less bad.

make it a habit to buy when the price is below, this is what should be used when trading or investing in the world of crypto currencies,
because the price of crypto currencies has very high volatility, so we have to really use it as a good opportunity, so wait at lower prices.
after that you can hold until the time comes, keep calm and hold,

Whether we are talking about buying on dips, HODL or DCA, there is an underlying presumption that the asset that you are investing into has strong fundamental values in that if you fell into a coma for 4-10 years, and you woke up after that period of time, you would not mind being investing into that or even if you anticipate the possibility that you could be stuck in your investment for 4-10 years, you are going to choose based on an assessment that your investment choice(s) has fundamental values for that period of time.

So, sure, you do not want to call it gambling because your aim is to stack more BTC from it, but so what regarding what you call it.  

I will say that if you come to an assessment that any shitcoins have strong long term fundamentals, then you can use DCA, buy on dip and HODL strategies with them.  I am not willing to jump to such presumption in this thread, and there is already an assumption that anyone who is investing in BTC with DCA, buy on dips or HODL has reached a kind of fundamental value assessment regarding BTC.

I am also NOT proclaiming that individually, you might not be able to reach such value assessments regarding some other coins (besides bitcoin) but that is likely a lengthy discussion and off topic here.

Sure, I understand your other point that you are NOT planning to assess those various shitcoins as having value, but you want to just play them for the short term to get more bitcoin, and again those involve other considerations that relate to gambling or trading rather than long term investing and is again off topic here.;.. even though I am not even proclaiming that you might not be able to accomplish those kinds of trade offs in categorizing various coins.. those kinds of discussions and considerations are also outside of the parameters of this thread.



Still a different set of calculations when it comes to your incorporation of shitcoins into your DCA accumulation.. and probably there are all kinds of folks and threads out there on this forum that want to entertain or discuss the playing of those kinds of games (I have heard it many times before too), and if there is not a thread, then you can create one... I am not personally interested it is outside of the topic of this thread.


It is not the same considerations... this thread is BTC/usd.. not playing around with various shitcoins... or discussing the dynamics of playing with them here.. it is too broad of a topic, and not even suggesting that it might not be an interesting or productive approach.. but still not relevant here.


Hahahaha.. no problem.  Of course, I don't make the rules, enforce them and I may even be wrong half the time (or more) about interpretations, and in the end, I am just another forum member.  

I do sometimes express my opinion strongly, and probably if someone tries to persist with shitcoin discussions in bitcoin threads then sooner or later they would get reported.. and the forum admins would have to decide whether to delete such posts or whatever other actions to take.. Sometimes forum admins can be a bit more stringent about deviation from topics, but probably they will allow some leeway if the thread does not seem to be diverting too much and there are just differing interpretations regarding what is "on topic" and what is not.

By the way, if you and I (and maybe another acquaintance or two) were having beers together, and some of us wanted to talk about bitcoin, and then others wanted to talk about their innovative strategies to stack sats using shitcoins, sure we might be willing to entertain the topic for a while, and sure, I might be willing to have such conversations for a decently long period of time if we were communicating well, but maybe at some point, one of us might decide to end the conversation or to walk away because we were either no longer interested in the topic or where it was going.  When we are on a public thread, sometimes there can be a bit of ruthlessness and even lack of tolerance once the conversation deviates too much from the parameters of the OP or the thread topic.

Of course, if while we were drinking the beer, we realize that we were long lost cousins, then we also might be more tolerant and willing to put up with conversations that deviated from our interests because we found out that we were going to be spending thanksgiving together with you me and our mutual aunt Bessie, so we knew that we had to get along because neither of us wanted to piss off aunt Bessie.


This thread is not about "crypto" we are talking about bitcoin here.


This thread is not about "crypto" we are talking about bitcoin here.

I've revised it, thank you to let me know.

By the way, I think it is still on topic. But it is a mistake on writing 'crypto' only. I have read again my post above and I assume it is okay for now. I appreciate very much you want to let me know my mistake. I promise to be more careful in reading. 

I think you need to check again your quote.
It seems there is a mistake. Better to correct it, buddy.