Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Lord b
on 29/01/2024, 12:03:55 UTC
Not only that, this factor alone requires reading the direction of the market. For example, if the market keeps going up and up in a day, slowly and normally, in general, the lowest price is what we are most looking for to buy, especially if we have set a schedule beforehand in a week, at least we can buy and BTC installments at least 3 times.

I think you're missing the point,the purpose of this thread is for longterm investment, to encourage accumulation of bitcoin and as such you shouldn't consider the lowest price or the movement of the market

There are many methods for accumulation but DCA is greatly encouraged because it negates the effect of price action
We highly advice you buy as much btc as you can whenever you can and in the event of a dip buy even more because in the long term,it will reduce your average purchase price(ie using DCA) and increase your compound interest
So you should focus more on having funds available to accumulate bitcoin irrespective of price action or movement of the market in the short term