Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
peter0425
on 11/10/2023, 14:00:36 UTC
Beginner and pleb like me, I think buying the dip is not the best strategy for me to use in accumulating Bitcoin because I can't time the perfect dip, the dip might last for years, and if I buy the dip it might keep dipping.

I chose the DCA strategy in accumulating my Bitcoin. By using the DCA strategy I can take advantage of market fluctuations by lowering their average cost per asset without risking too much capital at any point in time.
either what strategy you use ,  still accumulating is what you need to do mate, sometimes there is no need to use such but buy when you have enough amount to risk in buying.
never that we are forced to put our precious money instead what we need to do is trust bitcoin about our spare money of the amount you can take for sometime waiting.
since you admit being new here , just read couple of post above you to understand the purpose and the advantage of bitcoin investing than other investments.