Actually, an investor can't really determine the selling price targets when they want to buy and hodl for a long interval of time but however if an investor who buys when the dips occur can't actually resell at that material time regardless of if his gonna make a little profit but rather he can hodl his coin in his portfolio and allow the price to skyrocket then his investment would be matured enough for him to sell off his coin but moreover, a good investor doesn't sell all his coins as he can still leave some coin in his portfolio should in case the price goes further high instead of selling it off and waiting for a dip to buy of which a dip might never occur Again.
Selling an investment should not be the main subject, the whole problem comes to the accumulation aspect when most people go into the market using the wrong style and approach. The DCA remains the absolute technique to be used to add up to our portfolio considering its benefit of accumulation without looking at the recent price. Anyone who practices this strategy, should be already knowledgeable on how to carryout other functions, like when to stabilize the buying process, how and where to hold and also when to sell off.
Buying bitcoin with the BUY DIP and HODL strategy is indeed a very good strategy. However, if you invest in bitcoin in the short and medium term, market analysis should be studied carefully. Because this sales period requires that this be done seriously.
But if you are investing in Bitcoin for a very long period of time, I think this analysis factor may be secondary. Because investing in the long term, provides great sales prospects in the future. So buying bitcoin at a rather expensive price today, most likely in the next 10 years this will not have a big impact on profits. Therefore, DCA will be highly superior if you invest in Bitcoin in the long term. Because buying bitcoin with the DCA strategy makes things easier for us with minimal analysis that we can do.
Therefore
- If you want to invest in the short or medium term, BUY DIP and HODL will really help.
- But if you want to invest in bitcoin for a very long period of time, then the DCA strategy is the most suitable to do.
Note: It all depends on each person's personal wishes. Because everything must be done based on one's own desires.Those who use the DCA technique should already be acquainted with longevity of their investment, it is always in a long term when dealing with the DCA approach. No short cut to receiving maximum profits considering buying at regular interval whether the price is at the DIP or DUMP , it does not matter when doing DCA.