I am on record saying, it is OK to trade a ponzi, as long as one is aware of that the trading/"investing" vehicle is a ponzi and he doesn't risk everything on it. If we can trade weather futures, why can't we trade a ponzi? Basically any stock that doesn't have a sound business plan is a ponzi. Uber? Group-on? All ponzis, we just call them stocks. Now why would I use DCA? Because that works with a fluctuating price, until the price eventually collapses forever, but as Tesla or bitcoin show, it can be more than a decade.
I also remember I called it a buy at that price point. Nevertheless nothing you said responded to my historical facts of the 4 famous price collapses. You guys somehow think this thing will keep reaching new ATH forever.
When oil was 150, I recall T Boon Pickens saying we will never see oil below 100 in our life time. It hit 30 few years later.
I surprise myself, I made this prediction 5 days ago when btc was 13-14k. Not trying to boast but thus far all my calls were damm accurate.
Does it makes sense to jump in medium-term in crypto assets now? Or its better to wait for retracement to 9K?