Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Buy the DIP, and HODL!
by
bitLeap
on 23/08/2023, 10:51:48 UTC
⭐ Merited by JayJuanGee (2)
Yep, it refers to the example you gave so that the discussion does not widen much, but in the end it also adjusts to the capital we have and I am aware of that, it's just that when there is already an example so that the discussion refers more to the DCA in question, I just give my views on the example you gave earlier.
The context may go back to consistency because if indeed we cannot be consistent with large amounts then at least it can be minimised in terms of the amount invested so that the DCA we do runs well.

Sure, there may be a certain value to consistency in terms of both DCA and buying on dips, but it may not necessarily be something that we need to think of in terms of having to be strict with ourselves when we might have some parameters that we might choose to use that will also work.

I was even talking about the same idea in one of my posts from yesterday.

Consistent is a word that seems easy to do, but in practice it is sometimes very difficult, especially when we don't have an organized plan. To be honest, I want to be more flexible in this regard, it doesn't mean I'm inconsistent, but in reality I sometimes have to divert the money that I intended to do DCA for more urgent needs.
For the nominal problem, I believe we have different abilities, and in the midst of that difference I still work hard to always make purchases.
Oh yes, we also have to distinguish between working hard to achieve something and forcing ourselves to achieve something. There are times when we have to think about that, because it is not uncommon for people to think they are working hard, when in fact, they are pushing themselves.