Quote from: JayJuanGee on October 10, 2023, 06:56:42 PM

Fuck shitcoins.

DCA does not work with shitcoins. You need other strategies with shitcoins.. so don't be so fucking dumb as to try to suggest that DCA works for shitcoins when the rug could get pulled on you at any time.. that is part of the things that you must prepare for when investing in shitcoins, how to hope that your "investment" or your "gamble play" does not get rug pulled prior to your ability to get out.

Another thing about shitcoins, this thread is not about shitcoins.. so take any talk about shitcoins to some other thread.

Apparently you heard of bitcoin, since you did actually use the word.. so maybe try to make your post again, but focus your little selfie on bitcoin, and then maybe we might try to figure out if you are saying anything meaningful and/or important.

This is the concern Cool

, Stictions don't own reliability and DCA works with only potential/reliable assets here in the crypto market this supremacy is only dominated by Bitcoin. Here is a point to be considered these shitcoins are worth with hype only and they don't possess any long-term potential and narrative. Intentionally what I want to say is Yes! Fuck Shitcoins.

Quote from: Obim34 on October 10, 2023, 08:41:36 AM

I have been going through this comment here trying to figure out what the points are but from my understanding you still doubt the sufficiency of using the DCA strategy in Bitcoin accumulation, where else DCA has proven times without number, it is clear enough that DCA tops the lead in the strategies of Bitcoin accumulation

The accumulation journey in Bitcoin can face many ups and downs here, the efficiency depends on the accumulator and how he executes his strategy throughout the journey. DCA is a most recognized and effective accumulation strategy, moreover, you can say that this is one of the most discussed topics here in this thread and particularly all over the forum. Buying the Dips can be another effective strategy but it requires some analysis skills and proper risk management. At the same time with respect to market volatility strong holding power is required which is rare.

Quote from: Hewlet on October 10, 2023, 09:18:43 AM

that's the whole brain behind buying the DIP and HODL. Though impatience might creep in when there is a a sudden increase or some sort of market fluctuation and the tendency to sell it might seems the only option, if you are able to ignore the fluctuation and wait patiently your asset will yield something very reasonable with time

Navigating the unpredictable waters of the market, especially for newcomers, can feel like riding a rollercoaster. The ups and downs, the sudden shifts—it's enough to trigger fear, uncertainty, and even the notorious FOMO (Fear of Missing Out). These fluctuations, natural as they are, can sometimes make you question your decisions, sow seeds of doubt, and give birth to the infamous FUD (Fear, Uncertainty, Doubt).

Quote from: Mayor of ogba on October 11, 2023, 11:39:47 AM

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.

Hmm, Yes buddy your consideration is more efficient, This is what aformentioned by me, with DCA you can integrate other strategies and keep enforcing your DCA regularly. Timing the Dips is a significant concern but if you can identify the timeframe and zone you can really time the dips as beginner still its not recommended at all.