BTC/EUR chart telling us another story compared to BTC/USD
Basically dollar collapsing and Bitcoin not keeping it up with it.
So basically if you live in the Euro zone and are invested in Bitcoin you are cooked
I-always-argue on
I’m tired of 87k BTC, why is it so stable? It has a 3k +- variation and always returns. I want to see big changes, hopefully positive but at this point I wouldn’t mind a dump.
Aurorion on
1. If you think those are the entry points of an average DCA, you don’t understand either “average” or DCA, or both.
2. DCA is not just for a month.
ImmPhantom on
that’s interesting.
CandidateNo2580 on
Lump sum has provably better financial outcomes. You DCA for two reasons: either because you’re putting a little of your paycheck at a time (this isn’t real DCA but it’s how we use it) or to reduce the negative mental side effect of “gosh I wish I had waited”.
JrDedek on
‘Entry points of mine average dca’ – there I fixed that for you.
FOMOmeterCrypto on
DCA works because it removes decision-making, not because it magically finds good prices.
oki_sauce on
I love when people choose their own data to align with their own opinion
8 Comments
BTC/EUR chart telling us another story compared to BTC/USD
Basically dollar collapsing and Bitcoin not keeping it up with it.
So basically if you live in the Euro zone and are invested in Bitcoin you are cooked
I’m tired of 87k BTC, why is it so stable? It has a 3k +- variation and always returns. I want to see big changes, hopefully positive but at this point I wouldn’t mind a dump.
1. If you think those are the entry points of an average DCA, you don’t understand either “average” or DCA, or both.
2. DCA is not just for a month.
that’s interesting.
Lump sum has provably better financial outcomes. You DCA for two reasons: either because you’re putting a little of your paycheck at a time (this isn’t real DCA but it’s how we use it) or to reduce the negative mental side effect of “gosh I wish I had waited”.
‘Entry points of mine average dca’ – there I fixed that for you.
DCA works because it removes decision-making, not because it magically finds good prices.
I love when people choose their own data to align with their own opinion