Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Popkon6
on 08/09/2023, 06:58:12 UTC
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I think many people invest in bitcoin because they believe in the potential for long-term growth in value. Bitcoin has been used as a store of value by several large investors, whales and even some institutions, so it is only natural that the interest of people coming to bitcoin for the same purpose is growing day by day.

To be honest, a lot of people weren't happy about the plunging price of bitcoin after they invested. On average, you don't want to lose money as a result of falling prices, but of course there are several solutions that can still be done, including by simply buying and holding. It is the most strategic solution for the long term if they believe in bitcoin performance, but if you have a stable monthly income that exceeds your budget requirements then accumulation is also a good thing to consider.

To invest in Bitcoin you must depend on DCA. You can invest monthly and weekly.
Buy Bitcoin at DCA ratio when Bitcoin price is low and save for long term. You save bitcoins monthly or weekly which will later be earned in a whale.
As long as you need to hold Bitcoin carefully because long-term successful journey will get the most performance according to DCA.