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50267391 No.50267391 [Reply] [Original]

Like just try to explain it for real. Why is better than the bottom seeking?

>> No.50267414

>>50267391
If you bought BTC at 30k you are now down 10k dollars. If you buy it now you only have to make it halfway back to be even again. Simple as

>> No.50267418

>>50267391
`why is it better than bottom seeking?
Because most dont have the skill or time to snipe the bottom. and even if you do its rather difficult.
DCAing is ultimately a risk mitigation tool, aknowledging that its very difficult and time intensive to predict the bottom.

>> No.50267425

>>50267391
Run two parallel portfolios with identical holdings. One that DCAs and one that tries to consistently time the market.
/thread

>> No.50267428
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50267428

>>50267414
Oh jesus fuck how many scammers infest this place every morning?!?
Also learn to count.

>> No.50267432

>>50267414
So it is buying 50% now and 50% a few weeks later?

>> No.50267435

>>50267391
you can DCA where you think the bottom area might be, it doesn't mean buy constantly, even in a mania phase. It's better because it guarantees you buy, rather than wait for what you think is the bottom and risk missing out entirely.

>> No.50267460
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50267460

>>50267435
Any more specific advise. I got cash and my paycheck, how do I DCA now? I don’t want to onlyfans because I won’t get much money there I guess.

>> No.50267462

>>50267432
well that is a staggered buy in, not really the same thing, but it is the same principle. DCA'ing is only when the price is dropping, staggering can be in either direction. DCA'ing is to make your losses less significant. Markets breath so even if you are down a lot on a huge dump, if you DCA you can make a hell of a lot back on the next reversal/correction. Sell off some and start playing it down in shorts now and make your money back

>> No.50267471

>>50267432
all it means is you buy x amount/% over y period of time, lots of different ways of doing that - e.g. $100 per week constantly or 100$ per week when bitcoin is below 200wma or 10% of your cash each week while below 200wma etc. etc.

>> No.50267499

>>50267391
>explain as a woman

okay, sis ,sksk
you gotta like, sksk, get the, sksk, get your tarot reading sksk,

and then charlot said, sksk, it didn't work, sksk.
so now she just does what she thinks, sksk, i know RIGHT?! 'she thinks!' sksksksksk.

>> No.50267518

>>50267418

its only a risk off tool sometimes and other times you are actually adding risk

>> No.50267605

>>50267471
So which one?

I have 50k in cash and prob an extra 500 a week I can use

>> No.50267631

>>50267432
I will show you a successful DCA if you want from this thread. I called a correction top to open a short
>>50209796

and it went a little higher. I made more buy doing another short at the top
>>50210885

the charts and everything are in the thread as well as me explaining how to do it

>> No.50267658

>>50267631
experienced traders are looking to long bottoms and short tops. There are numerous tools we use to find them. You can't always find it dead perfect however but you can narrow it down to two spots you will call r1 and r2 for short and s1 and s2 for a long. If it shoots past your r1 or s1 then you can come back with another play at s2 or r2.

(s= support, r=resistance)

>> No.50267659

>>50267391
>Like just try to explain it for real.
You buy a house as an investment. Then real estate prices drop. Instead of saying "fuck this investment", you buy ANOTHER house because if it was a good investment before it's even better now.
>Why is better than the bottom seeking?
It's not? They're just different strategies.

>> No.50267682

>>50267659
How is anyone able to afford a second house?

>> No.50267698

>>50267682
...are you actually a woman?

>> No.50267708

>>50267682
obviously you have to be able to afford it to DCA anon. This is why you never go all-in on a play. Risk mngmt is an important of investing

>> No.50267715

>>50267708
*important part

>> No.50267738

DCA literally only works in a constant bullmarket.
japanese people who DCA since the 80s are still down their investment

>> No.50267753

>>50267499
What does sksk stand for?

>> No.50267817
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50267817

>>50267391
What DCA's think they do
>We spread our buys evenly out to get a great average and get in while avoiding the volitility of the market
What they really do
>"hur line go up" perma bulls who'll cry about losing 80% of their initial investment and 99.5% of their ath because they never take profits and only ever buy.

>> No.50269275

How many times does bitcoin have to run laps around the S&P for people to throw out their failed "investment strategies" and just buy bitcoin?

>> No.50269279

>>50267391
Half off fire sale, you fucking nigger.

>> No.50269338

>like I was a woman

REEEE GET OUT OF MY CLUBHOUSE FEMOID

>>50267738
They're down because they didn't diversify overseas, not because DCA isn't an objectively winning strategy.

>> No.50269376

>>50267418
>snipe the bottom.
you don't even have to snipe, just don't go all in on a 10% retracement.

>> No.50269477

DCAing is a concept intended for investors purchasing stocks and bonds with a long term buy-and-hold mindset.

These assets produce regular cash returns and typically maintain or grow in value over long time periods. By buying at regular intervals (I.E. after every paycheck) you average out price highs and lows and just ignore price fluctuations for 30 years until you retire and have nice big portfolio. Works best with index funds.

This concept has absolutely no application for financially illiterate biz gamblers hoping to make big scores on digital tulips (which have no inherent value and produce no returns). Go do some TA, check your astrology forecast, and read some entrails and hope you predict the next big market swing.

>> No.50269522

>>50267753
its an affectation that is pronounced SK like ask with no a. And it's just filler zoomer speak, you can see it in a lot of these pooka wearing girls on tiktok

>> No.50269590

>>50267425
fellow experiment enjoyer

>> No.50269622

dca'ing IS timing the market

dca while stock goes up is bad(average buy in goes up)

dca while stock goes down is sometimes bad if you don't size your buys properly and run out on captial buying the first -20% and it dips another -30%

therefore in order to benefit from dca you must pick the correct TIMING

>> No.50269783

>>50269622
>dca while stock goes down is sometimes bad if you don't size your buys properly and run out on captial buying the first -20% and it dips another -30%
that means you didn't DCA properly and you blew your load too soon like a gambling N word

>> No.50269845

>>50267738
no it doesnt dipshit. You dont have to be hodl'er to DCA. The example of a successful DCA I linked to earlier was a swing trade that less 4 hours in a short (that means bear market for retards)

>> No.50269875

>>50269477
this goes for you as well >>50269845

>> No.50269899

>>50267391
>you are bad at timing
>you are bad at managing risk
>you are too poor to buy in to all of your position right away

Most people fall into 1 or more of these categories. DCA lets these people invest. It works out as long as long as you don't fall for the HODL meme and get wrecked

>> No.50269966

there is always talk of dca in and never of dca out, so its really a buy my bags advice from holders

>> No.50270100

>>50269899
> for the HODL meme and get wrecked

getting out at the top is hard, should you DCA out too?

>> No.50270195

>>50270100
Yes. Every month I put $500 into new bitcoin but I also sell $500 of old bitcoin so I don’t get caught bag holding.

>> No.50270196

>>50267391
It is for those that have not understood the cycles price action takes. The same people who buy and later ask themseyangrily why did it go down. Lost quite a lot mone like that my self, however it was a lesson well learnt. Lost so much however that now i am playing with leverage, bound to get rekt again. My boomer dad said that dumb people that won't learn from others mistakes should be beaten with a stick

>> No.50270694

>>50270100
Yes, but into other assets you think are cheap and will go up. Mike Maloney talks about this on his youtube channel.
If you managed to swap stocks and gold perfectly between 1911 and 2011 there was about 50 million percent gains to be had, so your timing doesn't have to be perfect. Good enough actually is good enough in this case