/biz/ - Business & Finance

>>57413060
This is the kind of drivel that gets parroted here that made me realize /biz/ is beyond saving.

If you bought ICP when it was down 95% from the top
>you would be buying in the middle of the bear market which is in and on itself fucking stupid
first and foremost, but this is /biz/ so of course this seems like a perfectly normal and sound strategy of investing
>you would be at around -50% from your initial IF you went all in
which is FAR from a doom scenario and that's a big IF, but of course this is /biz/ where the concept of DCA is mocked regularly because obviously the fat basement neckbeards know more than mathematically proven methods of investing that have existed for hundred year and/or the people here telling you that it's a "meme" do so because they totally have your positive financial interests in mind

The bottom line is this: The people here don't actually research or look up things the vast majority of the time. Their bags is all there is. The faster you realize that /biz/ is basically a Plato's cave the faster you start making money. Ask yourself this, where does your opinion about ICP come from? What do you ACTUALLY know about it?