Tuesday, 4 October 2022

I've been DCA-ing since December 2020, my average price is 45k and I think that's great


Of course those who don't own any BTC can get in now at 20k, but most won't and those who do will not hold it for long.I, on the other hand, have conviction. Having lived and diamond-handed through a bear market, having held through a 75% drawdown all the way from 69k to 17.6k makes me a veteran. It testifies to the mindset required to be wealthy in the inevitably hyperbitcoinized future.It may drop further - to 12k, 9k or even $3500. I'll continue DCA-ing. But if I don't catch the bottom (and I most likely won't), I don't care. My current 45k average is already fantastic.In 10 years, even at this average I'll have some of the cheapest bitcoin out there. via /r/Bitcoin https://bit.ly/3e3IafH

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