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168 sats \ 1 reply \ @grayruby 18 Nov
Both. Start with a lump sum and then DCA daily. During the bear market double or triple your DCA.
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Smart.
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Nah, just YOLO all at once. If you have conviction, then just go
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Easy, dca now wait for the facemelting cliff face, buy in heavy with the lows
Next cycle dca on the up and ath....and down again lump in
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DCA
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15 sats \ 2 replies \ @bren 18 Nov
Depends on your current financial situation.
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financial situation
makes me think of a large latrine where everyone is floating in shit, some are under, some eyeballs deep, and some are standing on other people's heads. 😅
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I think the same thing!
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Is your objective fiat denominated speculative gain?
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What is your objective?
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My objective in buying Bitcoin?
It was and remains to gain direct custody and control over my savings... ...to be part of a decentralised P2P monetary system that is voluntary and treats all participants equally without fear or favour and is not based on debt.
Now can you tell me your objective because it sometimes feels like greed has taken over the narrative...and founding principles have been left behind in the rush...
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Thank you for sharing.
I follow the same path generally. Definitely striving to get to at least one bitcoin as a personal milestone. Adopting a lower time preference and living within my means. Trying to move away from relying on fiat while using credit as an alternative — paying off credit only at end of month by converting to fiat while accumulating excess in sats. And most importantly continuing to learn and spread knowledge to my children.
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Every dollar possible forever.
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do u have access to Fiat? - lump sum, as much as feasible. will u have any Fiat again any time soon? - lump sum again.
this the strategy i call "lump-sum-dca." fuck all models, bitcoin only.
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For every satoshi I buy, I know it may not see those heights again for 4 years. This is how I sleep well at night.
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Lump sum right now.
DCA during the next bear market
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