Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
nurilham
on 24/09/2023, 21:01:20 UTC
Indeed, when investing there is no pressure on how much you can afford. However, if we want a high ROI, it's a good idea to increase the DCA investment model in terms of installments and I think if one month is $10-20 it will feel like a long time. If possible, just inject a little more value, is it above $30-50 per each decline because I see BTC is still dreaming a lot.
Of course, we invest in the amount of money that we can afford to lose. The number of money depends on each person, it may be not the same between one person and another person. Each person has a different level of economic, it is depending on the profession or the income to get monthly.

Sure, DCA is an effective strategy to do, it helps us to multiply the number of our assets. If we can add $30-$50 in every decline, it will make bigger potential profits in the future.

I think time is running out, if you want to increase the installment value of BTC purchases, maybe now is the time.
Yes, the price of Bitcoin is rather cheap lately. It is only around $26k, it falls from $30k in the last few months. I think it is the best time to add more Bitcoin, it may be increasing again to $30k if this year is over. There is no many months left, only 3 months until the end of this year. When we reach the early of 2024, the price of Bitcoin probably begins to increase again gradually.