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/biz/ - Business & Finance

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49651916 No.49651916 [Reply] [Original]

reminder that the cycle bottom is not in yet

>> No.49651944
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49651944

>>49651916
2013 fag here. We are getting close.

>> No.49651977

>>49651944
How close

>> No.49651994

>>49651944
you need to adjust it downwards a bit and take into the fact that we are in a recession

>> No.49652364

>>49651916
true. pretty sure the psychopath whales will liquidate celsius

>> No.49652371

>>49651994
>you need to adjust it downwards a bit
Ignore the log curves, I was focusing on the RSI and SMA
My gut says BTC will respond to the recession by crabbing longer than it would otherwise, rather than necessarily crashing like with covid. Could see sub-20k though. But it's hard to pick bottoms, whereas it's easy to say "this is a DCA buy zone for next 6-12 months". I think it's fair to say we have entered the DCA buy zone.

>> No.49652573

>>49652371
If you had $100
what is your strategy to DCA into BTC?
what % would you deploy now?

>> No.49652694

>>49652573
Average of 4% per month on a curve with the peak at 8% in September and October 2022

>> No.49652723

>>49652573
$100? Get a job.

But I would buy 2 dollars worth of BTC a week basically.

>> No.49652740

>>49652694
This is probably superior. I was trying to keep it dummy-proof.

>> No.49652849

>>49652723
wow wtf
not cool man

>> No.49652878

>>49652849
Poorfag

>> No.49652890

>>49652723
i just said $100 to simplify it for you
like i coulda said 1 million and then u would have shown me respect??

like come on
GOD

>> No.49653024

>>49652890
I would have said the same thing because $100 would go nowhere after spending 20% of it on fees you're already unintentionally increasing your buy price by 25%, and again when you go to sell.