Oddbean new post about | logout
 Same here boss. No matter how painful/long the bear it never seems like enough is stacked when you’re coming out the other side. 

Bigger buys definitely take a psychological toll. I was lucky that earlier this year there were a couple of positions that I absolutely wanted to dump and just rolled the majority of it into 🌽. 

Still…coulda been riskier but happy wife/kids  > stacking. 
 Balance is tricky. If I have too many dollars, wife starts wanting pricey stuff. If I have too few, I do less stuff with family…steady DCA keeps everyone happy…

I’ve done DCA with chump change since 2013. After learning of plan B’s S2F model in spring 2019, I started stacking meaningfully…ironically, my residency chump change DCA buys make up a very substantial fraction of my DCA bitcoin stack. 

If I weren’t an idiot, I’d be a billionaire. I could have bought 100,000 bitcoin for $10,000 or so if I 1) borrowed money and 2) worked hard to scoop up many trades on the pre-Gox bitcoin marketplace…but such an amount of dollars seemed impossibly large at the time. 
 I feel you. I wasn’t listening/paying attention and hyper-fixated on the book grind/training. 

Hell. I remember ignoring these 🤣 https://image.nostr.build/7ff8c9568a47b4046a2f62e8a9a99c13340d32550629051f2f44e94f290d39ab.jpg