Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
adultcrypto
on 19/12/2023, 13:08:50 UTC
Every new member knows how difficult the beginning was for them so we should help new members to make the beginning easier for new members. What to do in the long-term plan or what kind of steps an investor should follow in the long-term plan should be discussed with an investor in advance. Patience Belief Maximum Risk Acceptance All these things should be sufficient for a new investor who wants to invest in Bitcoin for long term.  
Market timing is useless unless you are an experienced investor who understands technical analysis and high-level research. A dollar-cost-averaging strategy,(DCA) rather than trying to buy bitcoins at the right time, will be much more effective than buying bitcoins at the right time. Since Bitcoin is a long-term investment, you will regularly allocate a small amount to the digital token.

For this reason, you don't have to worry about whether you have timed your investment correctly – because your investments will be adjusted depending on their ratio

DCA requires large capital, because the average buy if coin down price. if you want a small capital dca buy it can start small. if not then it takes a very large capital to do the DCA strategy. and dca strategy is only suitable for coins with large capital at least in 10 big markets in coinmarketcap. if not it can happen like luna down the price of the coin until it is lost and worthless.
You seem to be mixing things up a little. I don't know how you came to the conclusion that DCA require large capital but the much I know is that the main ingredient of the DCA method is the sequence of buy that will not have much effect on the finances of whoever that is using it. So, I see the DCA approach as the opportunity people with small capital have to build their Bitcoin portfolio because it enable them to buy small amount per time and also regularly.

Many people following this discussion are applying the DCA method with as little as $20 per week and doing this for a year will amount to something very big. The first consideration for those who want to start the DCA method is to calculate what percentage of their capital they can invest in Bitcoin that will not become a burden to them and make them worried when price drops or want to sell so quickly. So, both small and large capital can apply the DCA method.

I even noticed that those with big capital will love to just buy at any price they consider good for them and not just follow the DCA that makes them wait to buy weekly or monthly as the case may be. Check all the whales entering the market, they just buy when they want to and do not follow any schedule.