Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
iamsange
on 20/09/2023, 00:05:06 UTC
Well, in this 1 day I was a little relieved because BTC went up and several of my mainstay coins, especially BTC, had fallen. It's time to monitor the market again and readjust the DCA strategy to make it even more optimal and feel the flexibility of installment trading with this method even though I still don't have much funds.
If you like installment trading because current market conditions have made it possible to do so, I think you will find it difficult to adjust. Because buyers who use DCA don't need to trade in installments or daily just to hunt for small profits for a moment, but try to hold it until the price of Bitcoin really looks bigger than it is now even if they have to wait a long time for that. However, I think it is still enough for those who want to continue doing DCA without having to release it through trading, because when the price increases it will become increasingly difficult to continue buying gradually, especially if the capital is not much.