Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 16/01/2024, 20:59:12 UTC
Regardless of what we have planned in carrying out DCA, of course the best option is not to monitor price movements every day because it can have a bad effect on our minds. If someone has succeeded in accumulating Bitcoin with the DCA strategy in 2023 smoothly, I think their mentality will grow stronger to hold Bitcoin in the long term. Some may enjoy a wonderful time in 2023 because they can accumulate Bitcoin at lower prices. Maybe that is the moment of purchase that they will remember as the best purchase they have made.

A few weeks ago we saw that BTC fees were quite high and I even went pass several stages to accumulate Bitcoin. But for now the BTC fee has gone down and we can return to accumulating Bitcoin. Especially this year, maybe this is the latest chapter for those who have passed a year of buying BTC with DCA and we are entering the second stage. Keep holding and don't look at the price every day. Do it according to the plan we have planned, namely buy and hold.