Post
Topic
Board Bitcoin Discussion
Re: DCA vs Zone Specific Strategies While Accumulation of Bitcoins
by
Odohu
on 14/10/2023, 10:14:58 UTC
This is truly an extensive explanation for both new members who are just starting their Bitcoin journey as well as those who have been there. It truly cover most of the discussion in various threads I have been following and it is good to see them all brought together under one thread.

I tend to favour long term HODL because I have found that more effective and comfortable for me, which also allows me to maximize profits. In other words, long-term HODL allows me to grow in wealth, and as you know, the feeling that you have aged for the future has a way of adding to longevity.

Considering the little time we have before next year's halving, I think anyone preparing for the anticipated bull run expected to start next year can combine the DCA method and instant execution at key price points. In this way, you would have injected a reasonable amount of money into Bitcoin before the price shifts to a new zone. I have seen a lot of discussion in favour of this approach, and that confirms it is an effective way of accumulating Bitcoin.