Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
salad daging
on 05/01/2024, 19:44:05 UTC
⭐ Merited by JayJuanGee (1)
DCA is best for those who don't have huge amount to invest at a particular time but can invest small amount for longer period of time. If you dont have enough funds then its best to invest in Bitcoin in DCA manner rather not investing your money anywhere anywhere.
I prefer to invest in the DCA way because it is the best moted in my version, not unwilling to go the lumpsum way but I think about how the ability I have to think about the life that must be lived with adequate finances if it is entirely to the lumpsum then it will not be strong even at a certain time.

What I can afford is DCA, even though with relatively small money you can enter into bitcoin in any amount does not have to be flat every week, small size does not matter as long as it does not break every week it is the principle that I instill in DCA investment.

I opened a Coinmarketcap account that records all bitcoin purchases in a DCA manner, the average price is around $28K that I bought even though it is now $43K.

Starting more than a year, I have gotten a fairly high ROI even though it's not 100% but I will keep HODL and continue DCA.

See this picture,