A lot of folks laugh at me for the small amount of money I have, thinking it won’t lead to anything, but here's my journey:
- I'm hog farming (which means going Long) for the long haul, like 5-10 years.
- Once I buy enough, say 50 hogs, I’ll stop (this includes metals, stocks, and coins).
- My capital is only trading 2usd/coin, so if I buy 50 coins, that’s 100usd total. If the market crashes and one coin DCA's at -500%, I’ll lose 10usd per coin x 50 coins, totaling a loss of 500usd. If the market dips even deeper, the amount I DCA at that point will be substantial, not as simple as you guys think, alright?
- I'm hog farming (which means going Long) for the long haul, like 5-10 years.
- Once I buy enough, say 50 hogs, I’ll stop (this includes metals, stocks, and coins).
- My capital is only trading 2usd/coin, so if I buy 50 coins, that’s 100usd total. If the market crashes and one coin DCA's at -500%, I’ll lose 10usd per coin x 50 coins, totaling a loss of 500usd. If the market dips even deeper, the amount I DCA at that point will be substantial, not as simple as you guys think, alright?
