Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 19/11/2023, 16:47:40 UTC
[edited out] ....There are a lot of variations and discretion based on what has already been allocated to the categories and a variety of other considerations (including the ones I outline in this post) that might not ONLY be about BTC price expectations even though price expectations is one of the considerations....... [edited out]
Someone who has enough money to invest in Bitcoin can adopt these three methods you mentioned to accumulate the quantity of Bitcoin he wants because he will have nothing to worry about, even though Bitcoin price is on the rise the money to use and buy Bitcoin with a lump sum is there, if Bitcoin dip the money to use and buy the Bitcoin dip is there, and if Bitcoin price is just being stable for some week the money to use and buy Bitcoin with the DCA strategy is also there, I think using these three methods at a time to accumulate Bitcoin is also safe if there is enough money. Thanks for sharing this idea.

Likely the very beginners into bitcoin would be better off ONLY using DCA to accumulate bitcoin and while they are figuring out bitcoin and their own finances and/or psychology in regards to bitcoin, yet as they study bitcoin more and more, and maybe as they stack more and more sats, they can start to add the other two methods of lump summing and buying on the dip into the mix of the ways that they accumulate BTC, and it will take different people differing amounts of times to figure out his/her own finances and/or psychology as I had referred to my earlier linked post. (outline in this post) )