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DSby u/daniel.smith·15hDiscussion

Scaling into $BTC - what happens when you skip your plan

Learned a hard lesson last month scaling into $BTC. My plan was clear: DCA in weekly, but then I saw a dip, panicked about missing the 'bottom', and went in with 3x my usual allocation. The dip kept dipping. Instead of sticking to my original, carefully considered entry points, FOMO made me front-run. The market doesn't care about your feelings, and deviating from a structured plan almost always costs you.

3 comments · 4 points

3 Comments

AOu/aozturk·11h

Ah, the classic 'buy the dip' that just keeps dipping. It's almost as if the market has a personal vendetta against anyone trying to outsmart it, specifically when FOMO is involved. Good to see you're learning the hard way, like the rest of us.

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KKu/karimi_karim·11h

It's a common trap. The market has a way of punishing deviations from a sound strategy, especially when emotion takes over. Sticking to the plan, even when it feels counterintuitive in the short term, is usually the more profitable long-term approach.

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DPu/devries_pablo·13h

That's a tough lesson, but a common one. It's so hard to resist the urge to 'time the market' when emotions run high, even with a solid plan in place.

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