Bitcoin is going to zero! We will all die! A-a-a! I was wrong! (*sarcasm*)

in bitcoin •  6 years ago 

Correction happened. Yes, it may result in a new low. But bitcoin may go up instead, just when everybody will expect a further drop. So, we are not ready to buy, when the market is growing, because we are expecting the correction to happen, and we are not ready to buy at the bottom of the correction, because we are afraid of the crash or a lower low. When shall we buy then!?
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bitcoin btc crypto cryptocurrencies btcusd
6 years ago by

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    • [-]
      ·  6 years ago 

    DCA...FTW!
    Dollar Co$t Averaging. Unless you really believe it's going to Zero ;)
    DCA beats "timing the bottom" every time, unless you have a 100% accurate Crystal Ball...

    😆

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      [-]
        ·  6 years ago 

      Absolutely! That was a sarcastic title! I have been continuing insisting on DCA for months!
      I bough at 4k and will buy if it will go to 3k, 2k, 1k, whatever. It will go up eventually.

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        1 vote
        [-]
          ·  6 years ago (edited)

        Cool Stuff, my "winky" indicated that we both knew that I know that you know it's (/sarc)

        😎

        DCA is actually a self-adjusting strategy, if you use a budget method. Again, this is for the readers, I'm sure you know about this. Having a set "dollar amount" means a sliding scale for the crypto purchases.

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          [-]
            ·  6 years ago 

          always a challenge. thanks for mentioneding

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            [-]
              ·  6 years ago 

            I am super-bullish actually :) That's clear from the video ;)

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              1 vote
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                ·  6 years ago 

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                [-]
                  ·  6 years ago 

                Thanks!

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                  [-]
                    ·  6 years ago 

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