The 20k Stag Hunt

Alright you bastards listen up. Everyone is hesitating to buy at 20k because they are afraid they’ll be buying into a peak and it will plummet right after.So it dips a bit and we buy a bit, and it creeps back up.In game theory we are trapped in something like a Stag Hunt game. It is not as famous as its older brother the Prisoner’s Dilemma. In it, you have two hunters who can either trust each other and cooperate to hunt a stag, or be timid and go with the safe play and hunt a hare. If A hunts a hare and B hunts a stag, A gets a hare and B goes hungry. If they both hunt hare they both catch hare. But if they cooperate and both hunt for a stag, then they catch a stag and it’s worth like 10x a hare.The key difference here is that the other players aren’t incentivized to screw you over if you try to hunt the stag. They are incentivized to help you hunt the stag.So if your strategy is to DCA and the price is close to 20k, just stick to the plan and don’t change it up. That’s what I’m gonna do, even if it’s at 20,052.Because breaking past the sell wall at 20k is the way to catch a meaty fucking stag.stag hunt Wikipedia page via /r/Bitcoin https://bit.ly/37CWhkW