Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
348Judah
on 28/10/2023, 11:10:47 UTC
⭐ Merited by JayJuanGee (1)
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.

There are market seasons whereby you will discover that using DCA may not be the best decision to make, this often happens when we are having a bear market and bitcoin has gone dip that it's only better to accumulate as many as possible, a good example was when the market falls down to about $15,000 earlier this year, some took advantage in making an investment without having to use DCA here when they already know it's an accumulation time.

There's more to do on our own personal interest to see that we understand what exactly is expected of us to do at a particular time, bitcoin has already make a provision in making all we need available for our own benefits only when we know how to engage them.