Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Obim34
on 19/10/2023, 18:11:47 UTC
⭐ Merited by JayJuanGee (1)
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.
Rightfully said, buying the DIP and holding is another effective strategy most persons apply to accumulate there Bitcoin. But no skills can be 100 percent accurate in predicting the price, so why not buy at specific intervals at that price instead of just hoping on the dip alone