Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
khiholangkang
on 19/12/2023, 13:58:16 UTC
⭐ Merited by JayJuanGee (1)
and HOLD BTC is the action you should choose
As believers of bitcoin, the most important lesson we were all given was how to become long-term holders of bitcoin in order to become profitable investors. If we can accomplish that, our bitcoin holdings should have generated returns for us in the future, depending on the duration of our bitcoin hodling decision(months, or years). 
Yes investing in bitcoin of course time is the most important instrument in finding profits in bitcoin, if only a matter of months it is too short, and I think it is too much responsibility in investing, the minimum thing for me is one cycle, it is much more effective in my opinion.

They are too focused on the price of one bitcoin chip and feel that the money they have is not enough even to buy 0.1 bitcoin which causes them to think that the price is too high, and I also think the same thing, that there are still many people who do not realize that DCA is the most appropriate strategy for people with low, medium and sufficient income, even though with DCA we can manage it according to our abilities.

This thread is very helpful and I hope a lot of people continue to talk about this, because I think discussing in this thread even with the reviews piling up and repeating, but the usefulness will come to each new person who comes to this thread.
If someone looks at the price and purpose of 1 piece of bitcoin then of course it will be expensive 1 BTC is too high so if you buy 0.1 BTC it will feel very heavy if you do it at once, with the DCA method you can have 0.1 BTC even up to 1 BTC if you continue to do DCA all the time let time be the process of how we continue to accumulate bitcoin so on with the DCA method.

People who have not realized DCA are usually ordinary people, who have not been involved in long-term investment for a long time while DCA has been effective for low investors with minimal income even though the salary is minimal every month you can still do DCA if your financial management and cash flow still have leftovers then spend more on bitcoin.

In fact, I am happy with this thread, we can see how they do DCA all the time, funds how their process journey as I told above until now is still doing DCA even though the level of input is small but I already have more than 0.1 BTC from siganture the rest is in another wallet as the main wallet.
Yes you are right, the process of accumulating bitcoin with minimal income is certainly DCA is something that should be done, if we are only able to collect 0.000BTC if done every week it might be collected quite a lot on a count of 52 weeks in one year.
You are quite consistent in doing the DCA strategy in purchasing bitcoin, 0.1 is a fairly large amount, and I think beginners can read this, especially those who only know gambling without investing for their future.