Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
fzkto
on 11/10/2023, 12:01:57 UTC
Ahh.. do you really think I haven't gone through this thread I think I have almost read the maximum number of pages, all of the newbies and other members are only discussing the DCA, and I don't think so just DCA is sufficient enough, practically DCA can be an all-rounder but in the market, DAC is not a dead end hope you've got it..
So long as Bitcoin market is concern  DCA strategy remains the ultimate strategy for accumulation of Bitcoin because it works not only for beginners but also on more experience people by building their mindset and also expanding their course of knowledge to see the risk involves on accumulation without a good strategy and providing solutions on how to navigate the accumulation process with a risk free and slowly investing with the only amount they can afford.
There are several participants of this thread who are repeating the idea of risk free and guaranteed, and bitcoin is neither risk free or guaranteed, even if you employ DCA or any other method of accumulating it.
No investment is 100% guaranteed. I will always say that, because I am not in the same ship as those that thought that investment is guaranteed 100%, no matter the strategy that is used on the investment, it is still not guaranteed of 100% profit at the end.
Bitcoin investment is 50-50, you may gain profit or not. This is why one needs to look for the strategy that will give you the higher chance of making profit and how to go about it. DCA method and hodli for a long period of time will give you a better chance to make profit than losses.The good thing with bitcoin investment is that you can't totally run  at loss, if you are just hodling and accumulating, and as long as you don't sell when it is not your will. You will definitely recover from whatever loss, whenever bitcoin price pumps, and with your regular DCA, I wouldn't call it loss but a change in price.

Why I said that hodlers can't run at loss is because it is impossible for bitcoin price to dip 100%, which is crashing to zero. It is possible for bitcoin price to increase more than 100% and when this happens, it is the number of bitcoin in your portfolio that will determine your profit. This is why every bitcoiner should focus on hodli and using regular DCA to increase their bitcoin investment portfolio because nobody knows what bitcoin will become tomorrow. Who knows, if bitcoiners will be the wealthiest people in the world in future.
You've said it all well about the 50/50 risk and the DCA strategy. But all of that may not work at some point. Bitcoin has had several four-year halving cycles and those cycles have worked very well. So even someone who bought bitcoin in 2017 at 18k could sell that for a nice profit in 2022. But it would take a lot of nerves and four years of waiting. And if for example one day the cycle doesn't work, how many years will you have to wait to make a profit?