Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Ruttoshi
on 20/11/2023, 12:04:41 UTC
⭐ Merited by JayJuanGee (1)


I totally agree with you that it is good to try the three methods than sticking to just one because it will give you the best experience on which you will choose at differs time interval based on the market, and you will also have an advantage to see the benefits or the opposite in using these three methods in combination to accumulate bitcoin. I believe that such person using the three methods of bitcoin accumulation will do better than that investor using only one accumulating strategy in his bitcoin size.

It is good to try all methods since our main focus is on bitcoin accumulation so that you can navigate with the market based on the size of your income and at various level. I have only used two strategy which is my regular monthly DCA and lump sum, but I will try to start keeping any extra cash on me now for the dip, even though I know that the dip might not come soon, but it doesn't stop me from my regular monthly DCA, I am only trying to have more experience on the road to my bitcoin target. I guess that it is better to try than not trying. I am a low income earner and I don't have a huge amount that I can divide into three for buying at the dip, lump sum and DCA, and that is why I have use the gradual saving of extra cash for the dip and if I am privilege to come across a good amount of money that I can use for lump sum, I will but that doesn't mean that I am not on my regular DCA.