What's really sad about this is how fucking actually wrong it is. If you get in on any shitcoin even halfway through a bull you'll make an insane amount of money in a VERY short window and not have any capital tied up doing nothing for years before that.
The cost of DCA into a dead market is that as long as the market is dead (which at this point has been basically a full year) that's time where you're not even beating inflation. Many blue chip stocks over the last year have 2x'd.
Crypto is honestly better to basically pay attention to and as soon as shit starts mooning go all in but otherwise keep capital elsewhere, and I say this as someone not following my own advice and DCAing for the last year wondering why the fuck I am doing this to myself for the second "cycle" now.
>Um, thats exactly how you get a 10,000X or at the very minimum a 100X in the next bullrun
But because you need to spread so wide and invest in countless shitcoins to hit a winner it doesn't matter.
If you invest in 20 shitcoins and one goes 100x that means you made a 5x.
this works if your a good trader, but you're retarded so you will miss the bottom, buy half way up, miss the top, and sell half way down and come out +/- 5%
yes, and I have been since about january to varying degrees. Coinbase one subscription is $20/month for 0 fee trading, and you can setup daily recurring buys on coinbase easily for feeless DCA.
currently, my DCA stack is: >$100 BTC daily >$100 LINK daily >$60 ETH daily
>Are you DCA-ing?
It's the way. Set and forget into projects you trust.
>>$100 BTC daily >>$100 LINK daily >>$60 ETH daily
I only buy the ones that dip the most on my paydays, recent purchases include Mbox, Matic, and TRX on Binance, also grabbed some cloudbreaker NFTs for the staking perks.
>It's the way. Set and forget into projects you trust.
It's easier said than done. The recent market conditions make it quite a challenge to discern. All we can really rely on is pure speculation, be it blockchain, account abstraction (the next trend in wallets), DePIN, or AI.
outside of btc and eth none of the alts will feature in a next bullrun (assuming there is one after retail took a look and got burned badly). you'd be better parking your money in stocks or bonds or even a savings account until you know for sure what is what. >but anon, the price may crab and if nothing happens i can shift my bags then
there will be no one to buy your bags.
I started DCA'ing again, it's close to the bottom.
All my acquaintances, colleagues and friends completely abandonned crypto and the ones that are still "hustling" are all in on AI.
Just in stocks. I've still got a bunch in fantom and other alts and then some BTC, ETH, and LINK to go with it as well representing like a quarter of my portfolio.
I don't know if I'm really gonna make it but we'll see how it goes
I currently don't have the time for it, but I might return to trading if I can find the time. I still have funds in my Tap Fintech account, and I typically trade LRC, DOT and LINK there. DCA is indeed a good strategy.
I have adopted the culture of DCA and in fact, it has turned out to be one of the most amazing ways of stacking a portfolio. I majorly buy BTC, ETH, and altcoins like NXRA and MATIC.
That's not a shitcoin, retard. If you understand what these two are into, you won't call it a shitcoin. Nxra has many products, and one of them is NexeraID, one of the issuers of SSI to Brillion smart wallet.
ETH? Nah, that's like aiming for a 5-10x when you could be gunning for an effortless 100x on rock-solid gems like VRA, RIO, and QANX. Watch out for RWA and hyperpolyglot chains, they're about to explode.
QANX has gone 3x in the last three months, yet there are still some anons hoping for a dip. It's crystal clear they'll FOMO at the peak when the private blockchain launches.
Always have been. bear or bull I buy more if I believe it's worth it
thank you for bagholding and being the person we sell to
You are welcome, thanks for letting me buy even more cheapies fren
holy cope lmfao
You believe some silly shit.
Fuck no.
Been debating starting to
Most bearish thing I have seen all week
yea and will do it for the first half of the bull market too
>catch the falling knife bro
>dont catch the falling knife
>dont fomo in at the pump
>do not buy ever
If you really think Bitcoin is "it" you would be buying all the time no matter the price
>b-but i could get it at a better price if....
Then you're an investor / trader, you dont care about Bitcoin
Bitcoin is not an Investment, Bitcoin is a Hedge.
>Bitcoin is not an Investment, Bitcoin is a Hedge.
bro thought he was really smart posting this reddit spaced toilet thought
>Bitcoin is a hedge
A hedge against wealth
top signal
What's really sad about this is how fucking actually wrong it is. If you get in on any shitcoin even halfway through a bull you'll make an insane amount of money in a VERY short window and not have any capital tied up doing nothing for years before that.
The cost of DCA into a dead market is that as long as the market is dead (which at this point has been basically a full year) that's time where you're not even beating inflation. Many blue chip stocks over the last year have 2x'd.
Crypto is honestly better to basically pay attention to and as soon as shit starts mooning go all in but otherwise keep capital elsewhere, and I say this as someone not following my own advice and DCAing for the last year wondering why the fuck I am doing this to myself for the second "cycle" now.
You're not supposed to DCA into alts during a bearmarket
some people learn that the hard way
>You're not supposed to DCA into alts during a bearmarket
Um, thats exactly how you get a 10,000X or at the very minimum a 100X in the next bullrun
No, that's how you bleed your money while the shitcoin keeps dumping.
>Um, thats exactly how you get a 10,000X or at the very minimum a 100X in the next bullrun
But because you need to spread so wide and invest in countless shitcoins to hit a winner it doesn't matter.
If you invest in 20 shitcoins and one goes 100x that means you made a 5x.
>Maths on a finance board
this works if your a good trader, but you're retarded so you will miss the bottom, buy half way up, miss the top, and sell half way down and come out +/- 5%
yes, and I have been since about january to varying degrees. Coinbase one subscription is $20/month for 0 fee trading, and you can setup daily recurring buys on coinbase easily for feeless DCA.
currently, my DCA stack is:
>$100 BTC daily
>$100 LINK daily
>$60 ETH daily
how are you enjoying the transaction costs and the daily taxable events?
coinbase one has feeless trading. dont care about the taxable events, thats turbotax/the IRS's job to figure out
are you retarded how is buying a taxable event?
>Are you DCA-ing?
It's the way. Set and forget into projects you trust.
>>$100 BTC daily
>>$100 LINK daily
>>$60 ETH daily
I only buy the ones that dip the most on my paydays, recent purchases include Mbox, Matic, and TRX on Binance, also grabbed some cloudbreaker NFTs for the staking perks.
>It's the way. Set and forget into projects you trust.
It's easier said than done. The recent market conditions make it quite a challenge to discern. All we can really rely on is pure speculation, be it blockchain, account abstraction (the next trend in wallets), DePIN, or AI.
Coinbase one doesnt have trading fees but have a fucking gargantuan spread wider than your gfs asshole. You're throwing away those 20 bucks
i dca into bils then time the market when it dips
Been DCAin since Nov last year.
WAGMI. I'm DCA-ing into NXRA, QNT, AZERO, LEOX and SFP.
What about you?
outside of btc and eth none of the alts will feature in a next bullrun (assuming there is one after retail took a look and got burned badly). you'd be better parking your money in stocks or bonds or even a savings account until you know for sure what is what.
>but anon, the price may crab and if nothing happens i can shift my bags then
there will be no one to buy your bags.
I started DCA'ing again, it's close to the bottom.
All my acquaintances, colleagues and friends completely abandonned crypto and the ones that are still "hustling" are all in on AI.
It's TIME -- NOW.
whenever i get a fiat payment i buy bitcoin, regardless of the price. i've been doing this since 2017 ( i did skip buying above 40k tho)
These people are desperate, I wonder what will happen next.
Just in stocks. I've still got a bunch in fantom and other alts and then some BTC, ETH, and LINK to go with it as well representing like a quarter of my portfolio.
I don't know if I'm really gonna make it but we'll see how it goes
Yeah, but on POND kek
There was a whole bunch of options and you decided to go with the worse kek, kys
Sounds like a memecoin anon, I'm doing mine on Egld, Ride and Qwat which earn me passive income through staking.
Have been for about 16 months now. I'm getting really fucking burned out, man.
I currently don't have the time for it, but I might return to trading if I can find the time. I still have funds in my Tap Fintech account, and I typically trade LRC, DOT and LINK there. DCA is indeed a good strategy.
dcaing is for boomer ass divvy stocks
you don't dca into a fucking ponzi lmao
>bored ape profile pic
Opinion discarded
No, I'm just going to buy at the bottom (10k)
you are delusional it wont go below current range
I have adopted the culture of DCA and in fact, it has turned out to be one of the most amazing ways of stacking a portfolio. I majorly buy BTC, ETH, and altcoins like NXRA and MATIC.
>NXRA and MATIC
not buying your shitcoins pajeet fuck off
Kek.
That's not a shitcoin, retard. If you understand what these two are into, you won't call it a shitcoin. Nxra has many products, and one of them is NexeraID, one of the issuers of SSI to Brillion smart wallet.
ofc not. im not retarded wannabe cryptoguy
i actually know what im doing.
DCA into what, ETH maybe? Bitcoin returns will be weak as hell. I mean you may get a 3x from here but that's it.
What else are you doing with your money?
ETH is a great chice IMO. You can also consider staking it. I also DCA into ETH and some LSDFi projects like LBR and SPOOL.
ETH? Nah, that's like aiming for a 5-10x when you could be gunning for an effortless 100x on rock-solid gems like VRA, RIO, and QANX. Watch out for RWA and hyperpolyglot chains, they're about to explode.
Yes
no, waiting for the crash
You are waiting for a crash when some gems are pumping?
QANX has gone 3x in the last three months, yet there are still some anons hoping for a dip. It's crystal clear they'll FOMO at the peak when the private blockchain launches.
I can go with QNX but that won't be all. I'll combine it with CYMI and XPRESS.
I'm always DCA-ing into CYMI, COTI, INJ and maybe GMX
DCAing is so dumb if it doesn't take timing into account.You only should start doing so when you feel like the bottom is close (which is not now obv)