Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
promise444c5
on 21/12/2023, 07:41:05 UTC
⭐ Merited by JayJuanGee (1)

But the thing is that if anyone is DCAing with time to time so this strategy will recover the mistakes which he/s made at the time of FOMO. If anyone invested on the top when Bitcoin was at $69000. And still DCAing so I am sure that he has recovered almost 80% to 90% loss and if he will hold and continue the strategy so he/s will be in profit when Bitcoin will cross ATH again.

Alright I think I get your point  here,you mean if anyone  trys to DCA when the Bitcoin is at $69k he/she could recover profits when the next ATH comes by .

Well I guess if I'm not mistaken  Bitcoin is still volatile and predicting it just like that mightnot work   as we could be expecting something else by then but Bitcoin is not just any type of coin and not too volatile,there's still a chance for DCA maybe but the future will determine.Thus, you wanna consider DCA  then start now