I don't think a lot of people are intentionally using DCA. It's just that their regular pay comes every 2 weeks, or twice a month, and setting aside a fixed amount just to invest is very similar to DCA, but they buy the whole thing on schedule without emotion. As much as they can afford anyway.
So it looks like DCA, but probably not really DCA by choice but by circumstance. Otherwise, they'd probably buy as much coin as they can on the dips. (or whenever they buy.)
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6727. (Read 26716507 times)
November 26, 2020, 02:41:47 PM
November 26, 2020, 02:40:53 PM
Meme evolution, just in case anyone wants a visual on BTC path.
https://twitter.com/MarcusConnorNH/status/1331816244010504196
https://ibb.co/RTmfTW2 (forget how to post .gif
Has it been that long)
https://twitter.com/MarcusConnorNH/status/1331816244010504196
https://ibb.co/RTmfTW2 (forget how to post .gif
Has it been that long)If you look at it the wrong way, it seems like the cart goes backwards after making a jump
November 26, 2020, 02:39:01 PM
We still have at least one more leg up this week gentleman 
The worst case what i can see could happen now is that we will get a retest of the november monthly open in december similar to end of 2016.
https://www.tradingview.com/x/9MFiLrwE/
Nevertheless this is definitely the start of the next bull cycle all we need to do now is buy the fucking dip
The worst case what i can see could happen now is that we will get a retest of the november monthly open in december similar to end of 2016.
https://www.tradingview.com/x/9MFiLrwE/
Nevertheless this is definitely the start of the next bull cycle all we need to do now is buy the fucking dip
november monthly open is around 13k
November 26, 2020, 02:20:29 PM
Meme evolution, just in case anyone wants a visual on BTC path.
https://twitter.com/MarcusConnorNH/status/1331816244010504196
https://ibb.co/RTmfTW2 (forget how to post .gif Has it been that long)
https://twitter.com/MarcusConnorNH/status/1331816244010504196
https://ibb.co/RTmfTW2 (forget how to post .gif
Has it been that long)
November 26, 2020, 02:14:17 PM
Wow, that's it? Dump over?
If we don't go down any more than ~$17k we're easily gonna see $25k before christmas
If we don't go down any more than ~$17k we're easily gonna see $25k before christmas
Stupid Americans wake up soon, lets see what they do on Thanksgiving
We were going to watch football and eat Turkey but the Ravens got covid and Turkey is a NATO ally so this year we'll say our graces, stuff our faces and stay locked down in our places.
November 26, 2020, 02:08:55 PM
Looks like $16.6k is gonna hold (for now).
Yesterday i wrote the same about $18.6k, so i don't put too much weight into my assumption myself
Honeybadger does what honeybadger does...
Yesterday i wrote the same about $18.6k, so i don't put too much weight into my assumption myself
Honeybadger does what honeybadger does...
So you are the one who jinxed it.
* OutOfMemory looks down in shame
I won't do it again, i promise
November 26, 2020, 02:06:21 PM
Looks like $16.6k is gonna hold (for now).
Yesterday i wrote the same about $18.6k, so i don't put too much weight into my assumption myself
Honeybadger does what honeybadger does...
Yesterday i wrote the same about $18.6k, so i don't put too much weight into my assumption myself
Honeybadger does what honeybadger does...
So you are the one who jinxed it.
* OutOfMemory looks down in shame
I won't do it again, i promise
EDIT: Just looking at corn going down again
May i have to call $1000 for it to go up again? hmmmm
November 26, 2020, 02:05:31 PM
Me my mom and grandma all just bought $50 in BTC each on cashapp
Grandma Big Pimpin’
Please only use Sharpie on thicccc redheads though
Neh..
Hope I don’t have to eat crow for having them buy in the mid-high 16s though, lol..
Told em id guarantee their $50 anyway, lol..
November 26, 2020, 01:59:13 PM
Looks like $16.6k is gonna hold (for now).
Yesterday i wrote the same about $18.6k, so i don't put too much weight into my assumption myself
Honeybadger does what honeybadger does...
Yesterday i wrote the same about $18.6k, so i don't put too much weight into my assumption myself
Honeybadger does what honeybadger does...
So you are the one who jinxed it.
November 26, 2020, 01:53:30 PM
Me my mom and grandma all just bought $50 in BTC each on cashapp
Grandma Big Pimpin’
Please only use Sharpie on thicccc redheads though
November 26, 2020, 01:48:19 PM
Me my mom and grandma all just bought $50 in BTC each on cashapp
November 26, 2020, 01:46:52 PM
Take a helicopter view. Nothing special going on.
November 26, 2020, 01:29:58 PM
November 26, 2020, 01:26:11 PM
FTFY
November 26, 2020, 01:18:55 PM
Happy turkey Day everyone!
November 26, 2020, 01:10:33 PM
Looks like $16.6k is gonna hold (for now).
Yesterday i wrote the same about $18.6k, so i don't put too much weight into my assumption myself
Honeybadger does what honeybadger does...
Yesterday i wrote the same about $18.6k, so i don't put too much weight into my assumption myself
Honeybadger does what honeybadger does...
November 26, 2020, 12:56:47 PM
Bitcoins' "The DIP" song:
"I am coming down, coming down like a monkey, but it's alright"
" 'cause tonight tonight tonight...oh oh"
https://www.youtube.com/watch?v=Yv-4HbikXdE
EDIT: did I say "f-k DCA"..yes, I did. Sorry, that move is for "lhoo-zarrrs".
"I am coming down, coming down like a monkey, but it's alright"
" 'cause tonight tonight tonight...oh oh"
https://www.youtube.com/watch?v=Yv-4HbikXdE
EDIT: did I say "f-k DCA"..yes, I did. Sorry, that move is for "lhoo-zarrrs".
November 26, 2020, 12:56:20 PM
[...]
EDIT: So i asked my wife to BTFD and she did Good girl
EDIT: So i asked my wife to BTFD and she did
Good girl Did she? Really? Lucky guy you are!
Now you're tempting me... I've got some spare fiat from a bonus I got recently. About $10k. Should I? Damn!
If you just came across an extra $10k, there is already a formula in place for dealing with that extra cashflow that has just materialized.
1/3 buy right away
1/3 plug into a DCA system over several months (maybe even 6 months - even though in these times you would be inclined to shorten that time)
1/3 plug into a buy on dips system - spread it out as far as you believe that the BTC price might go - even a cushion in there (even though you might be tempted to use it all right away)
Prepare yourself guys! It's Thanksgiving today:
Dad: Why did Bitcoin fall last night?
Mom: Will it fall more today? And should I buy some Bitcoin?
Uncle: I told you so you little piece of shit. Bitcoin is doomed and now give me the damn gravy!
TLDR: Don't be your uncle and always bring enough gravy!
Dad: Why did Bitcoin fall last night?
Mom: Will it fall more today? And should I buy some Bitcoin?
Uncle: I told you so you little piece of shit. Bitcoin is doomed and now give me the damn gravy!
TLDR: Don't be your uncle and always bring enough gravy!
Is that you, Lambie-bambie?
November 26, 2020, 12:49:57 PM
Don't worry guys, satoshi just sold his fortune. Price will be back soon.
November 26, 2020, 12:46:31 PM
Haha, chart looks ugly again. Perhaps I am forced to buy even tonight
Just bought some more dip. Maybe I'll buy more tonight.
Wonder if we're going to go below $16,250. If so, lulz.
Yeah.. you can buy back all your lillie fiends below $15,762.50 - and profits.
while bring back your previous stresses...
What a dilemma.
That would be selling his lover back into bondage. Is bitcoin worth that?
(Oh dear!)
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