Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Jegileman
on 28/10/2023, 09:05:08 UTC
Yeah, but this thread is not about DCA, even though that is what a lot of members seem to want to talk about.
Yeah that's true because irrespective of how our major discussion here is being diviated to the current discussion of DCA strategy but we shouldn't forget or substitute our purpose of this thread to DCA strategy.

But although in one way or another DCA strategy is closely related to our major discussion here because there is no way we could talk about buying the DIP and HODL without a proper strategy that could help those that are not financially stable to keep accumulating with a certain amount of money that will not affect them on the long run.

If we want to look from the angle of the title of this thread, buying the DIP and HODL have not really explained in detail how to go about it. For a layman, the first assumption that comes to mind is to go and buy bitcoin and HODL until they’ve earned a significant profit from it. But the process of accumulating this bitcoin has to come in two ways, either buying at once or buying gradually until the target is met.

This is where the DCA strategy comes in, for those that can’t buy the DIP at once, they shouldn’t feel left out but rather take advantage of accumulating gradually using DCA strategy until the target is met. When the discussion goes into the DCA strategy, it is just another way of coming to explain in detail about how to buy the DIP and HODL.