Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 19/11/2023, 09:04:44 UTC
Even though the price of Bitcoin is on the rise now, I will still stick with my DCA strategy to accumulate the quantity of Bitcoin I planned to accumulate and hodl for a long term. I will not rush with a lump sum buy in Bitcoin just because I'm afraid Bitcoin price will not dump for me to buy at a lower price through the DCA strategy. There is still enough time for me to achieve the quantity of Bitcoin I want to accumulate through DCA even though the price of Bitcoin is at $36k because Bitcoin can only set a new ATH when Bitcoin halving has taken place and Bitcoin halving is estimated to happen in April 2024.