jeremycady on Nostr: Daily versus monthly isn't a guarantee of a lower cost basis. The question is, do you ...
Daily versus monthly isn't a guarantee of a lower cost basis. The question is, do you believe the ultimate trend of the holding is going to move upward? If so, you want to be in that holding as long as possible.
Volatility isn't risk nor is it a measure of risk.
Your position on the $100k is, in my opinion, the correct take. If you have the funds and that's what you want to hold, hold it. Don't delay holding it, hold it now.
Buying dips is futile. No one can time the market. The question is, what do you believe the overall trend will be. If you believe the value will increase, buy today. Don't wait for it to get cheaper. What if everyone else finally decides you're right, the value should be greater? You'll be left holding your fiat.
Volatility isn't risk nor is it a measure of risk.
Your position on the $100k is, in my opinion, the correct take. If you have the funds and that's what you want to hold, hold it. Don't delay holding it, hold it now.
Buying dips is futile. No one can time the market. The question is, what do you believe the overall trend will be. If you believe the value will increase, buy today. Don't wait for it to get cheaper. What if everyone else finally decides you're right, the value should be greater? You'll be left holding your fiat.