Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Promocodeudo
on 24/01/2024, 07:45:36 UTC
[edited out]

I guess most time on Tuesday market do undergo some certain corrections.  So setting your regular DCA at that ain't bad.
Raking method or strategies is actually nice. That would really help in accumulating profit in short period of time with minimize risk compare to that of leverage trading. Yah I don't think I would classify that as trading but in order to exercise raking you need to have accumulate alot of BTC that when you be able to gain profitably well. The profits would varies but when the coin is rising you would also accumulate good profit too. And that would good if you planning to withdraw from your investment you could withdraw the profits you made from the raking theory.

Firstly I will appreciate for noticing this changes that often happen on Tuesdays, but I believe that their something that triggers this correction and I think in the market force, note this market force is not steady and its is bound to change from time to time, so setting your DCA because of this continuous event might not be favorable always,
No doubt there are short comers in Bitcoin which are they people that come for fast money and are ready to apply all strategy available to succeed in their plan, but the truth is that hodling remains the best strategy, continuous accumulation of Bitcoin will be favourable to anyone who is ready to continue going slow and steady, withdrawing your Bitcoin can cause you a regret, it happen to me, I withdraw a little of my investment and bitcoin rise to next day I was pained because of the digit that would have added to my holdings, but from that day my mindset has changed and nothing will make me think of that again even if there is profit I won't even touch it.