3 ms·
> except the highs of 2021 Au contraire! Interestingly, even if you had started purchasing at the *all time high* (~US$69,000) on 8 Nov 2021, if you consisten
by chromatin 3y ago
> except the highs of 2021
Au contraire!
Interestingly, even if you had started purchasing at the *all time high* (~US$69,000) on 8 Nov 2021, if you consistently purchased daily, weekly, or monthly, you would still be up something insane like 37%, outperforming basically all other market sectors.
You can check this yourself at a variety of DCA calculators (NB I noticed at least one [https://dcabtc.com/ https://dcabtc.com/] was broken and didn't have any price data for the last 6 months)
- latchkey 3y agoSaylor always buys the top.
- eric-hu 3y agoIs the rationale behind this statement that you’re doing DCA and you’ll come out ahead in the multi year timeline?
- latchkey 3y agoHe borrows against his BTC to buy more BTC. That is a much better long term play when you are holding an asset that is of a fixed total size. When you buy becomes irrelevant.