i fell for the DCA meme and my average price for bitcoin is $46,495

>>60561157 (OP)
That's pretty much the next low, so you are golden.

>>60561164
>number go up forever

My TA shows $12k around November

DCA'ing is a myth by the elite to make sure the masses are providing consistently liquidity to the market over-time.

Technically, does it work? yeah, kind of... but it definitely does not put you in a comfortable position where you're always massively up.

This goes for Crypto especially where DCA'ing during bull markets (75% of the time) ends up with ur average buy price going way higher than it should be compared to if you just deployed everything during the bear market (25% of the time)

Bitcoin = 1 year Bear, followed by 3 years Bull

DCA in 2018/2022/2026/2030 is fine... every year inbetween those aren't worth DCAing in

>>60561172
that's what I'd like too, but unfortunately, crapto will become the legal tender next year, right after crowning Trump and an AI representation of Ronald McDonald the new emperors of the Western hemisphere in Davos.

>>60561172
2k when Saylor moon goes bankrupt and had to sell all his bitcorn

Even in the most bullish scenario you can come up with, DCAing is still shit.

Why? Because if you think Bitcoin is going to 10 Million dollars per Bitcoin and that the price is not ever going to come down considerably ever again from here, logically you getting as much money as you can RIGHT NOW and putting EVERYTHING you have in right now is what would be the most optimal strategy

Think about it logically - you're a super bulltard who thinks Bitcoin will suddenly be in the MILLIONS overnight... if you truly believe this, what are you gona do? keep DCAing when goes up 100X overnight? no thats retarded, you should all in right now if that what you truly think

So no matter what, even the most bullish bitcoin person in the world should not be DCAing, they should be already all 100% in right now.

>>60561187
I don't know if you know this but most people (normies as we call them here on the boards xD) receive money on a regular cadence (weekly, biweekly, monthly) from something called a "job". This is typically referred to as "employment", and most people don't have their entire lifetime earnings available up front to dump into bitcoin - they have to wait for their proceeds from these "jobs" to acquire more capital.

>>60561212
Dumbfag trying to play smart ass

If they were serious about how bullish they are, they would take out max loans and buy bitcoin with it NOW and pay interest using their income.

That is literally the LOGICAL step in the game if u are truly a full retard mumu bull

>>60561174
This so much.

Just time the market, bro. It's fucking easy.

>>60561237
dance for me little ESL monkey

My average buy in price is $107,500 and I'm not sweating. It will go higher.

>>60561241
for crypto, yeah it is easy actually, if u think the average person who made it here got rich doing DCA, you are retarded

they either

A) bought a very long time ago and can now sell for 100-1000X returns

B) play shitcoins and do this everyday for 100-1000X returns

DCA'ers are all latefags who are perma-cucked on always have a shit average price

You're only supposed to dca during the bear market year. Your entry should be like 17k and at worst it should have been 20k. Also this year you're supposed have started already dcaing out.

>>60561256
Enough with the cycles nonsense. We've been at the top for more than half a year now. Clearly, this time is different. For real.

>>60561157 (OP)
>DCA gives an OK return without requiring effort, no one is claiming it's optimal.

>>60561256
This. People had like 6-9 months to buy at $15-22k

>>60561248
>>60561256
I've been DCAing into alts since 2022 and this is what my folio looks like. It's working for me desu. Maybe you're just retarded. Not pictured: my 200k folio peak in 2021 before it crashed to 40k and I switched from Blockfolio to Delta. That's why my net invested is higher than my folio value in 2022.

>>60561286
>68% in 3 years in crypto

kek. im up 1000's of % this cycle

>>60561157 (OP)
thats more than double your money

problem?

>>60561294
see
>>60561290

>>60561286
What alts?
Also how do I turn on that net invested line on delta?

>>60561212
>employment
Poor suckers

>>60561290
$100 to $10000 with your illiquid shitcoin is peanuts. Besides, if you think the bull market is over then just sell and get off /biz/, I'm here until my folio is well in seven figs.
>>60561309
Biggest holdings are ETH, LINK, ICP, XRP, HBAR, ROSE and DOGE. The net invested line should be on by default when you view your folio history in the insights tab. If it isn't then idk desu.

>>60561157 (OP)
It’s cheap at $50k. It’s cheap at $100k. It’s cheap at $200k. It’s cheap at $1,000,0000. Stop overthinking. You’re buying a technology here. If you don’t believe, ok then go buy mutual funds.

>>60561157 (OP)
Mines $29,000

>>60561340
the no brain man.

>>60561354
The no dick man

>>60561363
"I can't... think... I must obey... S-Saylor! The high priest! No... No... critical thinking... Buy ATH!"

>>60561369
It's literally the lowest it's ever going to be right now.

>>60561369
The nocoiner and altcoiners are losing it kek

>>60561172
When was the last time bitcoin crashed -94%? What kind of schizo TA is that?

>>60561377
Who says I don't have any BTC? My wallet is 50% in Bitcoin. But I don't just buy anything stupidly; that makes no sense.

>>60561398
Stupidly? You think it’s done at $100k? Wall Street is just now starting to bend the knee. Strategic bitcoin reserves are coming next. Then the BTC race begins and you better have your chips on the table at that point. It’s still peanuts right now.

>>60561385
TA is for retards. MSTR's dca is around 70k. all that has to happen is btc slips and then saylor's hand is forced. MSTR liquidates their btc initiating a flash crash to sub-10k

>>60561426
>saylor liquidates all 226,000 bitcoin he owns
>1% of the total supply
>no one notices

>>60561172
>Muh TA
>Doesn't even show his "TA"

My TA shows you're a faggot and have sucked over 10,000 cocks

>>60561174
>>60561248
>implying everyone doesn't already know this by now
You're fucking retarded if you think this will continue forever. 2022 was the last year to do this with predictability. Bitcoin's cycle will break and it will become unpredictable when to DCA. If you didn't dump everything in 2022, it's literally over for you to maximize gains. DCA'ing now is the only reliable way. I'm a Chad who dumped his life savings in 2022 and 2023 into BTC, but I got fucking lucky. I'm up nearly 7 figures, but only because I was living at home with parents, with no rent, and working a full time job. The timing was perfect and I was just retarded enough to take a calculated risk.

>>60561466
Based rich Chad. I do think you’re overlooking the effect BTC etfs will have. My boomer dad saw my gains and finally caved. Transferred $100k of his fidelity portfolio into FBTC in 1 min on his laptop.

>>60561326
LMAO

You realize there's always new coins doing 10X's everyday, and yes, you can put $10k-20k into them and pull $40k - $150k out comfortably so long as u use common sense

There's plenty of liquidity to do this with Sol shitcoins buying 1-2% of the supply and dumping into liquidity for a quick 3-10X

Literally they come out everyday, many of them, and the movers are always obvious, just dont buy them at 10M, buy them at $500-1.5M before they pump to $5-10M and die

This is happening every single day

>>60561486
Nice you're making $100k per day on pump and dumps you are very rich saar

Post the obvious sol shitcoin that will 10x today

>>60561486
Good morning sir

>>60561486
>no bro i got the formula and im literally printing money!
you're retarded, brown, indian, and a faggot, amazing!

>>60561385
That's not even 90% from ATH. Which is a value nearly every top 100 coin has achieved.

>>60561444
He's at 600k, that's 4% of still usable coins. If he'd throw that in the market, the price would be near zero.

>>60561172
same for me

>>60561385
2020 faggot

>>60561157 (OP)
sell now

>>60561172
yes
number is literally designed to go up forever