I know we all love watching charts and making educated (sometimes) guesses as to what the market will do next, but the overwhelming majority of us here do not appear to be day traders. If this is the case, then why are people so obsessed with determining if the bottom is in or is yet to come?
The conventional wisdom of the sub dictates DCA is the way to reduce volatility in a historically volatile market. Does it really matter if we go back down to 15-16k if people are planning on buying regularly over the coming years? I’ve personally been buying BTC and ETH for years and while I’ve gotten lucky a few times, I’m usually an idiot with timing tops and bottoms and I’d much rather be boring over time and reduce my risk exposure.
I know moons won’t farm themselves and TA is hotly debated around here, just wondering if it really makes a difference or it’s just psychological.
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