Sup everyone, just wanted to tell you that my
Daily DCA is now active till 2023.
I will be buying daily for the next 237 days. Lowest BTC will go according to my analysis which I posted on 27th Jan is $24k which is 200 Weekly Moving Average.
If we take time into consideration for the price to meet the Weekly 200 MA, it will be near about $24k.This changes the price drop from current price from 46% to 30%.
Have a good week ahead, happy buying.Maybe you are hitting on another developing pet peeve of mine?
Daily cost averaging seems to be a misleading attempt at a euphemism... and the term is not daily cost averaging, it is
dollar cost averaging (this correction about the "proper" term does not have to do with the dollar.. but instead getting away from expectation that there is any kind of meaningful justification to be maniacally in regards to buying every day.. which is more of an advanced practice rather than an entry-level practice).
Proof that you do not read before you jump to conclusions. Daily DCA
Daily DOLLAR COST AVERAGING
Fair enough for pointing that out.. you fuck
#nohomo.... in terms of my NOT catching that technicality in the wording.
Nonetheless, it seems to me that I still made my overall and valid point in regards to why "daily" is problematic for a lot of normies, even if it might well be a workable approach for ImThour in this time in his life.... perhaps? Perhaps? if not, at least I mentioned one of the significant ways that I become worried in regards towards attempts to spout out ideas in regards to why I am concerned about buying too frequently.. especially when potentially dealing with small amounts and flat fees that some exchanges have..and the situations of poor people to not let the perfect become the enemy of the good as I already mentioned.
Of course, I do not know ImThour's exact details beyond what he said and even to the extent that I may have read or understood all - or any - of the details that he might have actually already pointed out that I ignored... hahahahaha.
Last time I checked, this thread is NOT only about some personal quirks in the ways that guys might structure their BTC accumulation and/or portfolio management strategies - or even gotchas about some technicalities.. including that people do sometimes say daily cost averaging .. even though ImThour did not say that, even though he said that he has structured his purchases on a daily basis - so in that regard, there is fair game in the actual topic and the points that I was striving to make inspite of some technicalities that you spotted.. and surely, nothing meant to be personal in regards to ImThour - except maybe a few wee little digs in here and there because he quite likely deserves it.. based on reasons.....
(that might be his past conduct, present conduct or things that he might do or think about doing in the future) hahahahahahaha