Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 01/09/2023, 00:53:48 UTC
The amount of DCA assets depends on the individual investing. You can purchase Bitcoin in different steps to make long term DCA. The right way to trade in Bitcoin is to divide yourself into several parts. So that you can buy when the bitcoin market is low and sell it at high speed or hold long term. Following these methods is called DCA, there is very less chance of loss if you invest in DCA method. And if you invest directly the chances of loss are high. Hence following DCA is the main sign of an ideal investor.

Yeah but we are not talking about selling in this thread, so you are talking about the wrong kind of supposed DCA if you are suggesting that it involves selling or needs to consider selling.

Sure if you are trying to accumulate dollars, then you might sell whatever it is that you buy when it is at a certain point in dollar profits, but again, we are not talking about those kinds of strategies in this thread.