Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ancafe
on 22/01/2024, 03:10:31 UTC
The main purpose of DCA is not to minimize the risk of investment, but DCA is used to get a lower average price instead of a lump sum. DCA is always recommended so that you can anticipate a price down after you buy, but you don't need to be too strict about this strategy because basically the price also has the potential to rise higher after you buy. Buying regularly and buying with DCA are different. I mean, regular buying can be done at any price, whereas buying DCA takes advantage of another dip to buy once you see a correction.
Minimizing investment risk is not by taking strategic steps with DCA but rather by how someone can survive and not do something outside the market's decision on price values and/or try to determine losses based on prices that tend to tilt downwards. DCA can be done at any time to take advantage of gradual and regular purchases, someone who has implemented this strategy will definitely be much more comfortable setting a small and stable budget for their purchasing period.

In essence, we will only try to see opportunities based on purchasing ability and regular purchases using large capital can also be carried out during the falling price phase. Whatever the strategy, we will only see how much benefit value there is because what is unfortunate is that people have money but don't know how to approach and accumulate purchases appropriately.