Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. SunTrader

    SunTrader

    Except asset classes over (money printing) time have become more and more correlated!

    Even "newcomer" Bitcoin.
     
  2. Ed48

    Ed48

    And what % of active investors beat the market? Even so-called Pros often underperform.

    What you're suggesting might be suitable for a tiny minority but not for the average mom and pop saving for their retirement.
     
  3. Ed48

    Ed48

    That's certainly been true with stocks, real estate, crypto. Not so sure about bonds, commodities, gold.
     
  4. wxytrader

    wxytrader





    You don’t have to “beat the market” — that idea isn’t just outdated, it’s insidious. It traps everyday investors into chasing benchmarks they don’t need to hit. Nobody says you have to “beat” the real estate market to build wealth in property — you just need to own the right assets and stay the course. The same applies here.

    Wealth comes from discipline, time, and compounding — not from outperforming an index every quarter. Ironically, the obsession with beating the market is exactly why most investors underperform. They overanalyze, overtrade, and underestimate the power of simply staying invested.

    Long-term wealth isn’t won by outsmarting the market — it’s earned by outlasting it.
     
    Last edited: Jul 21, 2025 at 8:52 AM
  5. Ed48

    Ed48

    Which is fine if you're interested in the financial markets. Many people aren't, but they still need to invest for their future, retirement etc.

    If I was starting over again, I'd just DCA into something like SPY, and possibly reallocate to bonds/cash the closer I got to retirement.
     
  6. wxytrader

    wxytrader

    No — I’m talking crypto/etfs, leveraged ETFs, and high-yield income plays. Not babysitting bonds while slowly drifting toward retirement. This is about velocity, compound yield, and intelligent asymmetry — not hiding in SPY and hoping inflation doesn’t eat your lunch.

    You don’t attain or preserve wealth by playing scared. You build or protect it by compounding aggressively, and positioning yourself where growth actually happens.
     
    Last edited: Jul 21, 2025 at 9:00 AM
  7. Ed48

    Ed48

    Or you could just focus on your career, start your own business etc to build wealth. That's what I did. Although funnily enough I did make a lot from one particular stock but that was with stock options at a company I joined pre-IPO.

    Anyway, this is getting way off topic. Back to Bitcoin...
     
    Last edited: Jul 21, 2025 at 11:07 AM
  8. SunTrader

    SunTrader

    Was reading something else on this site, when this caught my eye (no opinion right or not since I only daytrade):-

    https://www.tradinggame.com.au/the-dollar-cost-averaging-dilemma-it-doesnt-work/

    The Dollar Cost Averaging Dilemma: It Doesnt Work
     
  9. wxytrader

    wxytrader

  10. 2rosy

    2rosy

    dollar cost averaging not working implies market timing doesn't work