“I’ll just keep DCAing” and “Buy the Dip” 2025 market crash catch phrases?

I remember 2008 vaguely. I wasn’t invested in the markets and I didn’t have a property. But I had friends on 5% mortgages and I recall the hype. I didn’t know about CDOs. I read about it all after it happened. But the point I’m making is that back then it was just normal that you bought a house on a nothing mortgage.

Now I see a similar normal and it’s DCA. DCA on the scale that it exists at now and the ease with which we can pop as much as we want in one go into equities is unprecedented.

The market hasn’t truly crashed since easy trading platforms emerged. In 2008 it wasn’t like anyone with ID could just jump on Robinhood or any of the dozen trading platforms that literally make or lose you money in 3 seconds. That meant we couldn’t all obsessively buy dips and keep on DCAing.

Same with the dot com crash.

The big hedge funds and HFT desks are fine with those the market staying up - they trade with thin liquidity mainly - and have been withdrawing huge amounts since late 2024. They make money on derivatives sold to retail through mechanical processes and also make money the tiny price differentials in trades. The big money has no incentive to let any collapse happen in the market until there really is just about nothing underneath but they get that information clearly before most retail.