plebeian on Nostr: So, lets say you want to DCA into #Bitcoin but would like to know what to expect ...
So, lets say you want to DCA into #Bitcoin but would like to know what to expect based on the history. Yes, yes I know. History does not repeat and we can't make reliable predictions about the future based on the past - but what else do we have?
Anyway I have made a simulation, actually 100k simulations to see what is the distribution of results if one starts DCAing into Bitcoin at a random point in the past and what is the result after random number of days.
And this is the result
X axis shows how many days you DCA and Y axis show what is the return on invested capital.
Remember there is 100.000 simulations or dots on this image and the distribution is truly amazing.
I have so many questions about this.
Why are there orderly empty spaces in the graph that do not have any dots?
Why does it look like a wave a surfer would kill for?
WHY DOES IT NOT LOOK LIKE ANYTHING RANDOM
Anyway if you are interested in numerical statistical results here it is
Published at
2024-08-27 13:57:20Event JSON
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"content": "So, lets say you want to DCA into #Bitcoin but would like to know what to expect based on the history. Yes, yes I know. History does not repeat and we can't make reliable predictions about the future based on the past - but what else do we have? \n\nAnyway I have made a simulation, actually 100k simulations to see what is the distribution of results if one starts DCAing into Bitcoin at a random point in the past and what is the result after random number of days. \n\nAnd this is the result\n\nhttps://m.primal.net/KPoL.png \n\nX axis shows how many days you DCA and Y axis show what is the return on invested capital. \n\nRemember there is 100.000 simulations or dots on this image and the distribution is truly amazing. \n\nI have so many questions about this. \n\nWhy are there orderly empty spaces in the graph that do not have any dots?\n\nWhy does it look like a wave a surfer would kill for?\n\nWHY DOES IT NOT LOOK LIKE ANYTHING RANDOM\n\nAnyway if you are interested in numerical statistical results here it is \n\nhttps://m.primal.net/KPop.png ",
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