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Why do people attempt to follow every kind of meme investment

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Why do people attempt to follow every kind of meme investment strategy when dollar cost averaging is proven to be the most effective strategy?

It's not even difficult ffs.
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>>1728713
just keep averaging down, it's not a loss til you sell it ;-)
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>>1728713
Mercury poisoning
>>
Dumb ass NEETs think roulette, aka shitcoins, forex, day trading, and poker, are legitimate investment vehicles.
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>>1728713
Because people have no damn patience any more.

Start talking about indexing and dividends on this board and people lose their shits, telling you to invest in some random penny stock or memecoins.
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lump sum is superior
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selection bias
ten people invest, two people earn money, eight people lose money - 80% of people lost money
the two that earned money post, and one loser stops to bitch - therefore, random anon thinks that 67% of people MADE money
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>>1728761
You are correct sir. But not everyone is sitting on a lump sum. The majority of people save part of their income and put it over time in the market, aka dollar cost averaging.
>>
Actually, value cost averaging is better. Don't spread lies

http://www.hullfinancialplanning.com/value-cost-averaging-or-dollar-cost-averaging/
Thread posts: 9
Thread images: 2


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