QUOTE(Moogle Stiltzkin @ Jun 23 2021, 02:19 PM)

wow this dogecoin holder invested 15k usd and made 167k in one day. overall he made $1,012,813 USD, thats nuts
basically he dollar cost averaged by banking in $100 usd each week until he invested in total 15k usd, and made a 1632% increase of what he invested in total.
so he didn't just straight up invested 15k in one shot. he did it bit by over time and this was his result. this is how powerful the dollar cost averaging tactic is at least in this guy's case.
Sure you could argue had he gone all in at bottom dip, he could have made more. but nobody ever knows what is the bottom. so he used the dollar cost averaging to stay safe and it paid out.
warning: i am not a financial advisor, nor do i hold any doge. so i'm not trying to peddle this onto anyone, but i found this interesting
Jun 23 2021, 02:54 PM

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