Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Rabata
on 07/10/2023, 14:40:48 UTC
⭐ Merited by JayJuanGee (1)
I remember when people regretted not buying Bitcoin when the price was lower in 2014. But regardless, a lot of people are still buying now and holding, and even average individuals are investing in Bitcoin.
There are still many people who know about Bitcoin but will refrain from investing in Bitcoin. They will be among the common penitents. Those who didn't buy Bitcoin before 2014 despite its dip now they regret. When the Bitcoin price reaches 250k it may be repeated that those who didn't buy Bitcoin before 2023. So this time should be utilized properly. By doing DCA, people of different income level can consider this small asset as an opportunity to gradually grow it into a large asset in the long term. For those who do not have sufficient money but can make some guess about the future of Bitcoin, applying DCA can be considered as an opportunity to grow the portfolio regularly and turn it into a long term asset.