Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Dr.Bitcoin_Strange
on 08/11/2023, 18:40:37 UTC
buy big during those period but buying or accumulating Bitcoin at a steady bases is far more easier than actually sitting and waiting for the dip to come before we make our move to buy.

Yes, you are right. I think I have also made the same statement here over and over again: it's better to keep accumulating consistently than take a pause and wait for a big dip to come. The price of Bitcoin is never 100% accurately predicted, and sometimes even after making some speculation, a reversal can be the case, and at that point in time, the investors who were waiting for a dip can end up with a higher price than they had speculated, which will cause them to buy less of Bitcoin than they would have been able to accumulate with the capital they had. Every investor should not just neglect the DCA strategy.