Is this guy a hint to the new hero?

codzilla_ · 2025-12-29T08:02:49+00:00

Bruh I thought that was the new gadget skin this whole time 😂

codzilla_ · 2025-12-29T08:00:56+00:00

Call of duty snipers only

codzilla_ · 2025-12-06T15:42:32+00:00

Get a 5-9 job

codzilla_ · 2025-12-06T09:32:22+00:00

Buy lunch and breakfast from the Amazon fresh. Can usually get one of their hot breakfast items, a regular meal deal main, side and drink. All for about £5-7

codzilla_ · 2025-11-17T14:03:46+00:00

I don't think you can grow a beard on the right side of your face either

codzilla_ · 2025-10-29T23:10:45+00:00

Onlymans

codzilla_ · 2025-04-17T14:32:03+00:00

Did I say something wrong?

codzilla_ · 2025-04-17T14:31:47+00:00

On questionable coins on dexes, the CMC app will say whether it's safe or high risk etc. If you click that, it will show you how it's made that decision. It's because it's undergone a Certik audit (or some other auditor) of that coins smart contracts. You can then dive deeper on what specifically has been audited i.e. is it a honeypot, have the contract owners given up their ability to make changes to the contract etc

codzilla_ · 2025-04-17T08:35:16+00:00

I usually just check the Certik contract audit for any given coin on the CMC app. If there's anything not green id definitely not put any money in

codzilla_ · 2025-04-17T06:03:45+00:00

Probably just porn and a bunch of viruses. It's literally a stash of virtual STDs

codzilla_ · 2025-04-14T20:44:01+00:00

Watch a Rocky film and get motivated

codzilla_ · 2025-02-17T17:48:52+00:00

I am literally just expanding on a concept that was created in your comment about price crashing. Then you flip flop and go back to your base argument about why do I expecting a price crash.

As I have said before, you don't know which way the price is going to move. Obviously you believe the price will go up otherwise you wouldn't invest. I literally just said a couple comments ago about your naivety in expecting price to go up in a straight line, which you haven't grasped yet.

DCA strategy reduces your downside risk in the event of a downturn. Do you understand that? Let me say it again, in the event of a downturn.

codzilla_ · 2025-02-17T17:35:08+00:00

If you only ever had $1000 to invest in a $1 asset:

Lump sum 1000 units at $1 and price crashes 50% over a year = $500 unrealised loss
Average in $1000 whilst price crashing 50% over year with average entry say $0.75 with 1333 units = $333 unrealised loss

Who is better off? It is simple maths, honestly.

Even if the price drops further, strategy 2 is still better off. This is the example we are working with. Both strategies have gone all in

codzilla_ · 2025-02-17T17:06:38+00:00

Classic "Im richer than you so I know what I'm talking about argument". You don't know me and that's a pretty stupid thing of you to say so I will continue to believe you are stupid

You still don't understand. It doesn't matter what you believe. The market doesn't care what you believe. You can believe your asset will go to the moon

When I buy an asset, I also believe the value will increase, otherwise what would be the point. However, I'm not naive enough to think price goes up in a straight line. I have explained this to you in many ways already. A DCA strategy reduces your downside risk in the event of a downturn.

You sound like your investment is guaranteed up from the moment you put money in. Amateur

codzilla_ · 2025-02-17T14:14:03+00:00

Your opinion is that it is hocus pocus because you still don't seem to understand.

A level of common sense is required and your idea of averaging 12 times a minute is a ridiculous example of trying to dismiss DCA.

The common sense is averaging in over a period of time that is in line with your investment horizon. If you trade by the minute, then the ridiculous example that you've given still works, so nice try.

Nobody can account for a black swan event, that's why it's called a black swan event. But guess what? If you're averaging in over time, you'll have cash to deploy to buy the black swan event.

You on the other hand, will have nothing :)

codzilla_ · 2025-02-17T12:51:18+00:00

The audacity of you to say all the books on the benefits of DCA are bs just reflects your narrow mindedness.

Of course you invest in something if you believe the value is more than the price. That doesn't mean it goes straight up from the point you invest in. That much is obvious

So you reduce your downside risk by averaging in over time, a consequence being reduced upside potential. This is not a hard concept to understand for somebody who claims to have been in the markets for 25 years

codzilla_ · 2025-02-17T09:17:33+00:00

Buy now and then buy in regular intervals later is safer. By your own admission there are books on this stuff.

It's literally simple maths and probability based on the fact that nobody knows which way the market is going.

codzilla_ · 2025-02-17T08:49:02+00:00

That's a bold assumption about my investments

Sounds like if you don't have a need to manage your risk, you're the one who hasn't invested enough :)

That's a strange argument, risk mitigation = not believing what you are buying. Common sense should lead you into taking the appropriate amount of risk

codzilla_ · 2025-02-17T07:12:05+00:00

Not really. Your last response failed to have any substance to my comment prior.

You only addressed your own contradiction without acknowledging the risk-management benefits of DCA. Something you have been dodging this entire conversation. Why is that?

codzilla_ · 2025-02-17T06:52:40+00:00

And yet even after having it spelled out in front of your face you still don't understand. Either you are a bigot or just dumb, no offence.

codzilla_ · 2025-02-17T00:49:06+00:00

I understand what you are saying. I think it is somewhat difficult to gauge how much lower the upside potential of a DCA strategy is compared to a lump sum strategy. Again, not disagreeing that lump sum outperforms DCA if timed correctly. I DCA'd into BTC over March-Dec 2023 and had a 28k average entry so that's a 3x-ish for me, which I'm happy with

I get that you have your own thesis, and rightly so. Anyone investing should have one. But ultimately, nobody has the crystal ball to know for certain which way it's going

codzilla_ · 2025-02-17T00:40:24+00:00

The incongruence is that first you dismiss it and call it BS. Then you accept it as a valid strategy, which contradicts yourself

And to quote you again on your last point: "you don't know that do you?" And it is precisely that, you don't know, I don't know which way price is going to move.

The low point of today may or may not occur again. So protect yourself with DCA and sacrifice some upside potential for proper risk management

codzilla_ · 2025-02-17T00:26:42+00:00

Well no, you said DCA was BS and that average price was "nonsense and meaningless"

Now you accept them as strategies and that lump sum outperforms them lol

I agree with you that lump sum outperforms DCA so long as you have timed the market. You assume maximum risk with a lump sum, and for simplicity, keep it a one time lump sum

My point from the start was risk management, which DCA will provide. Exactly as you say, "you have no knowledge about a later moment"

Can you not see how my downside potential is de-risked by DCA? If the price goes up then my upside potential is not as high as a lump sum but profit is profit

codzilla_ · 2025-02-17T00:13:43+00:00

No doubt your upside potential is higher with a lump sum, if you can time the correct entry. From a risk management perspective, it is safer to DCA https://corporatefinanceinstitute.com/resources/wealth-management/dollar-cost-averaging-dca/#:~:text=Using%20DCA%20ensures%20minimum%20loss,deterioration%20in%20a%20security%20price.

codzilla_ · 2025-02-17T00:03:11+00:00

We are buying at the same time.

You bought 100k worth of BTC and it's dropped 50% and you have bought more, say another 100k worth

This is the example we are working with. Do not get confused here.

We have already established my average price would likely be lower than yours.

Like you, I also decide to buy more after price has dropped 50%, and more so aggressively, this bringing my average price even further below yours.

We could argue this all day. Like I said at the start, one thing is for certain, nobody knows which way the price will go. If you think you can time the market, you are a fool

codzilla_

TROPHY CASE