BITCOIN DCAing IS NOT THE BEST IDEA RIGHT NOW! (HARSH TRUTH)

BITCOIN DCAing IS NOT THE BEST IDEA RIGHT NOW! (HARSH TRUTH)

how’s it going everyone it’s Sam you
need Bitcoin right now you do it’s just
it’s just a fact you need to have some
Bitcoin for this next having but I don’t
think this is a time to go out and
dollar cost average into Bitcoin I want
to explain why that is it sounds like an
oxymoron but it’s not I want Bitcoin
exposure but I’m not buying Bitcoin
right now I’ll show you the charts why
that is I’ll also show you a very
important video kind of circulating
around the internet right now if you
don’t mind hit subscribe turn on the
Bell notification underneath the video
so you can see future videos just like
this I plan on making a n a video
breaking down the numbers behind this
but for now I just want to show you some
charts and some thoughts behind what I’m
talking about and to be clear I’m not
bearish on bitcoin I actually think it’s
going to do quite well but that doesn’t
mean that I’m going to keep on buying it
forever right I plan on holding it
forever but this might not be the best
time to continue to dollar cost average
and moving forward and I’ll explain why
that is and I hope you can stay through
to that because I know I’ll get a lot of
hate comments people saying that this is
clickbait but it’s not I just want to
show you my
updated I want to show you my updated
plan on this bull market and this isn’t
saying that I’m not going to buy
anything in the future but dollar cost
averaging I think is much less effective
now than it has been up to this point
again if you don’t mind hit subscribe
there’s also going to be a link to Marx
underneath the video in case you want to
start trading crypto you can trade over
on Marx including Bitcoin on low
leverage which is something I’ll talk
about in this video but I’ll also cover
in the future video where I break down
these numbers on dollar cost averaging
during a bull
market so what’s the problem well the
problem is a lot of people don’t have
wealth they feel like they’re left out
of holding assets let me play this video
for you from MSNBC and then I’ll explain
why you know if you’re looking at buying
crypto right now if you’re looking at
buying Bitcoin
specifically you really have to pay
attention to to what’s happening right
now it might not be the best option
forward let me play this video though
for you for the first time in our
nation’s history a 30-year-old man or
woman isn’t doing as well as his or her
parents were at 30 that is the social
compact breaking down people AG 30 to 34
60% of them in 1990 had one child now
it’s 27% people are opting out of
America they’re not optimistic about it
they’re not having kids young people
aren’t having sex they’re not meeting
they’re not mating the pool of
emotionally and economically viable men
shrinks every day which lessens
household formation so we have a real
issue young people are enraged so it
turns every cut every movement into an
opportunistic infection because quite
frankly they are just pissed off they
look up they see wealth exceptional
wealth across my generation and people
in certain industries and they are
really struggling they’re purchasing
poers going down and the incumbents
create artificial scarcity on campus we
take pride in rejecting 90% of our
applicants so the incumbents who already
have a degree see the degree go up in
value we get very concerned with housing
and traffic once we own a housing
housing permits are are sequestered from
young people housing prices have gone
from 290 to 420 in the last four years
so a young person a house stocks that I
don’t own Skyrocket and value let’s have
Co relief and flush the markets and take
assets way up because of a million
people dying would be bad would be
tragic if I got less wealthy and I we’re
doing it on their credit card young
people have every reason to be enraged
and every issue they see they look up
they get angry and they see someone
doing better than them and then every
day it is speed balled in their face
that they are failing that they are not
doing as well as everyone around them we
have lost the script our kids are more
anxious and more depressed and more
obese and more addicted and we have made
a purposeful decision to let this happen
by ensuring the people around this table
stay wealthy at the cost of young people
so now I will say I think a lot of that
Rings true it’s very difficult for
younger people to feel wealthy in
today’s day and age to gain wealth
everything’s becoming exponentially more
expensive so they have less money to
invest in all the assets are becoming
exponentially more expensive as well so
they can buy less of what they actually
are able to
save I think that’s been the case over
time but it seems like it’s more
relevant now than ever that being said
Bitcoin is the way out Bitcoin is one of
the first assets that you could buy
before the large institutions before the
really wealthy people uh could really
get a hold of it and felt comfortable
with it and we’ve seen that the problem
is a lot of people try to FUD you out of
your Investments now I’m not here to do
that today but I will
say I think the game has changed a
little bit this is something that I
planned on doing and I’m implementing it
the hard thing about a bull run is
keeping your head on straight making
sure you stay comfortable and implement
the plan that you made during the bare
Market because that’s when you have a
level head now if you dollar cost
average Bitcoin over time you do quite
well let’s say you started towards the
peak of the last
well two bull markets ago the 2017 bull
market and you added $100 a week to your
Investment Portfolio for about 6 and2
years well you have spent about
$33,000 and you acquire 2.67 Bitcoin
worth about
$173,000 this would be a 422 per return
or a 5x on your
money that’s a really good
return but there’s a time and place for
dollar cost averaging in my mind unless
you just want to say hey I don’t care
for the next 10 years I’m dollar cost
averaging every single week but if
you’re trying to play the Cycles this is
the time where you want to be invested
in
cryptocurrency where you just want to
sit back but this isn’t necessarily the
time I think to be investing in
cryptocurrency at least dollar cost
averaging there are
times that I think it’s important to buy
or trade right now but dollar cost
averaging a big asset like Bitcoin is
something that
I’m not going to do moving forward right
now and if price comes down
significantly I might change my mind on
that but I want to explain why that is
but first a word from xers okay now one
crypto that I’m also watching is xers
now XE is an AI powered first-person
shooter game built on Unreal Engine 5
incubated by cify and kucoin labs and
powered by immutable so a lot of big
names here you can see 144 followers a
lot of people that I follow as well now
it’s a new firstperson shooter that is
launching in April by as I said cify
chain gbt gamei and in the next 24 hours
actually probably by the time you’re
watching us probably right around the
time you’re watching it uh they launched
on biit Mexi gate and pancake swap so I
mean these are some of the biggest names
out there I plan on holding some of this
token uh I think that it’s got a lot of
big names behind behind it could do
quite well during this bull run of
course not Financial advice and they are
a partner of the channel so make sure
you do your own research but they’re
redefining that firsters shooter
landscape as one of the first live web 3
games already drawing in over 100,000
signups and they also have an $80,000
prize tournament which not a lot of
cryptos can say thank you to xers for
being a partner of the channel and
definitely go check out their links
underneath the video now XE is also
trading now on byet and gate.io and mexc
so you can go check them out but let’s
talk about why it might not be the
smartest decision to dollar cost average
right now and this sounds weird because
Plan B says buying 6 months before the
having and selling 18 months after the
having well outperform Buy and Hold this
has been the case for a long time you
can see why during uh by looking at this
rational root chart if you’re just
listening I would suggest actually
watching for a moment this is the bit
coin having uh or these are the Bitcoin
havs this is a circular chart where time
goes in a circle so a whole rotation of
the chart is about four years it’s one
Bitcoin having so what’s that mean well
each quadrant is about one year what do
you notice about 18 months after the
having we Peak and then about one year
after that we bottom historically that’s
been what’s happening so plan B says
okay buy 6 months before the having and
sell 18 months after the having so Buy
Here Sell here now this isn’t the exact
bottom but I think it’s just because
then we know that the bottom has
happened and you don’t have to hold on
to bitcoin for a year when it’s just
kind of ranging sideways so I’m assuming
that’s why he says this is the 2-year
period you want to hold for now the
problem with dollar cost averaging now
after the having is this is typically
when we see high prices right your
dollar cost a ing as we move up which
means that your money doesn’t go quite
as far I’m going to break this down in
another video an alternative to this but
let’s say you start buying now at 65,000
and you buy until 185,000 15 months from
now okay let’s say you put in $1,000
each of these 15
months your Bitcoin value if Bitcoin
goes up to 185,000 would be about 28,000
now the price of Bitcoin has 3x or gone
up 200% but you’re return is only about
88% 89% because your dollar cost
averaging the price up now the other
hard part is if your dollar cost
averaging over the next year and a half
it’s going to feel quite weird to go
from buying Bitcoin to all of a sudden
selling it in at one time unless you
want to just hold throughout the bare
Market it’s kind of odd to be buying and
then one week later like sell your
entire bag what I’m doing is a bit
different so I use this entire time I
use this entire time since the last bull
market to dollar cost average I bought
all the way down all the way down to the
bottom and I continue to buy I continue
to accumulate up until
now right now is when I am not
accumulating anymore Bitcoin so I’m done
for now I’ve grown to have a very large
bag of Bitcoin it’s a large portion of
my net worth now I sit for a few months
and then I’m going to start dollar cost
averaging out I’m going to dollar cost
to average out up until about the
historic Peak I’m still going to hold
some Bitcoin but I plan on dollar cost
averaging out of part of my bag about
50% of
it why is that well I’m going to be
selling all the way up because I don’t
know when the exact Peak
is and if I dollar cost average starting
or dollar cost average out starting in a
few months yes I’m going to be selling
much before the ultimate peak in Bitcoin
but it will give me that muscle memory
to continue to dollar cost average out
when I feel euphoric when the Market’s
peaking and I’ll probably hold that cash
until the bare Market to redeploy either
into Bitcoin or into other Assets Now
I’m still going to be holding some of my
Bitcoin to be clear and I’m still going
to be buying some assets the reason for
that is Bitcoin might go up you know 2 3
4X but some alt coins are going to go up
100x so yes I’m going to be winding down
the Bitcoin purchases but there’s still
going to be altcoins I think have a lot
of potential shortterm they’re going to
be higher risk I’m also going to be
Trading still but I’m taking a step back
from dollar cost averaging and I’ve seen
other people talk about this too I was
already planning on doing this and
making a video about it but you can see
digital asset news made a video time to
stop regular dcing Bitcoin post
having and again it’s not me being
barrassed it’s just a question of okay
do you want to be dollar cost averaging
during the bottom of the market or do
you want to be dollar cost averaging
near the tops of the market now there’s
still going to be people that want a
dollar cost average and I get that if
you have not made a big enough
allocation towards Bitcoin if you don’t
have your Bitcoin goal yet let’s say you
want to get to one one Bitcoin and
you’re at 089 or something I get trying
to get to that goal I’m not saying you
shouldn’t even if you invest right now
and we move up to 180,000
right even if we do that okay you made a
3X that’s a great return so I’m not
necessarily saying now specifically is
not a good time to be buying Bitcoin but
dollar cost averaging for the next 18
months 15 months probably isn’t the best
plan if if you’re someone that’s trying
to play the cycles of course not
everyone is some people are just going
to you know continue to Dollar cross
average no matter what but this is a
time to cash up in my opinion I’ve been
dollar cost averaging buying quite heavy
over the last 3 years and now I’m okay
just leaning back and watching the
market do its thing now if we fall down
significantly I will probably dollar
cross average again if we fall down to
previous support levels let’s say
Bitcoin all of a sudden goes down to
59,000 I’ll probably put in a long and
see if I can’t you know get a nice
leverage
trade if we see some big token drop or
some all coin that I’m very bullish on
I’ll still buy that I’m not saying I’m
not buying crypto anymore I’m just
saying regular dcas don’t always make
sense in a Raging Bull Market let me
know your thoughts though underneath the
video am I crazy hopefully hopefully I
don’t get too much Flack for this I
think it makes sense it should make
sense to a lot of people especially if
you’ve been around the market for a long
time you know you buy low and you sell
high and there’s a gray area in between
which is where you have to make the
tough decision but let me know your
thoughts check out the links underneath
the video to marjack CU I plan on making
another video here soon talking about
trading during markets like this if you
want that let me know in the comment
section thank you so much I appreciate
it I will see you in the next video

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