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DCAing: The Bread and Butter of Swans Business
I found it comical and adorable and in some ways frustrating the people on Twitter talking shit about DCA. The thing we have to be aware of in Bitcoin is a lot of people that this is the first asset they've meaningfully accumulated. And so they're coming at market cycles with a brand new set of goggles on. It's low overhead, cognitive load is low like Josh was talking about, which is can't be undervalued. So I don't really worry about that much. When he was trading in 2017, it was- Stress, man. Absolute stress and it didn't go well for me.