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@martin
folks i am begging you to learn to dca
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@martin
probably lost like $20,000 by not selling in at least like 5 chunks
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Brenner pfp
Brenner
@brenner.eth
How does the math work on that?
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@martin
They directly tanked the price by 15% by executing this this way, losing on ~15% (a bit less) of the ETH they could’ve gotten I’ve seen wallets sell and buy six figures with no direct impact on the chart
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Brenner
@brenner.eth
Respectfully, that’s not the math behind your claim The liquidity is what’s in the pool - unless their is more ETH added to the pool between their sells, they can’t get more ETH by splitting up their sells
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@martin
If I buy $1,000,000 in Higher today the price would fly and I would get horrible slippage If I buy over a few weeks, it gives people time to sell in between my buys though right? Same thing here
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Brenner
@brenner.eth
But over those few weeks, what if everyone is just buying and not selling? Aka the price is going up? Then you would get less than if you had just bought $1 million the first day even with the slippage
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@martin
Yeah I think that’s the tradeoff of DCAing for sure but ultimately I think it’s worth that tradeoff most of the time
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Brenner pfp
Brenner
@brenner.eth
Painting the chart with such a huge red candle is ugly, yes, but I don’t think it’s “worth the tradeoff” purely from the individual’s perspective
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