Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Agbamoni
on 06/02/2024, 21:44:41 UTC
so perhaps is very important to be able to distinguish between investment through DCA and holding because they are actually two different things and however most people believe that since almost everyone that intend holding uses DCA for accumulation they assume that holding is the same thing as DCA because even me I was thinking the same way until I realized they are not the same.
Holding is obviously not the same as investing using DCA methods, it's even better to compare holding to trading because that's where people normally make mistake from but comparing holding to the DCA methods of bitcoin accumulation is just same as saying that winning the world cup is just same as participating in the world cup tournament.

DCA methods is just a strategy used to accumulate Bitcoin in a safe and easy way that can work well mostly for new investors that aren't yet strong enough financially to accumulate in bunch of bitcoin at a time and so will have to buy it at regular intervals just do they can Hold it. Regardless of weather a user decides to using the DCA methods or not, the end product is to hold the DIP and that's basically the obvious difference between Holding and investing into bitcoin using the DCA methord.

As a matter of fact, I think the two concept are even parallel in connection and their is no need to compare them.
You might be spreading and convoluting ideas on purpose in order to create confusion regarding what you are saying and what makes sense.  Probably people should ignore you, except sure it does not hurt to correct you from time to time and to point out the areas in which you are continuing to be full of shit and perhaps purposefully spreading contradictory and confusing information..

In other words holding is not like trading...and we are not talking about trading here.
Yeah truly his statement was actually contradicting because I find it very hard to understand the method of investment he was trying to state because he seem to have been missing so many things together because I don't really understand his concept of classifying holding and trading to be the same thing because is obviously not, however just like you mentioned if he was talking about ways to start accumulation of Bitcoin perhaps he should have go through most of the previous post because you have stated on how to accumulate Bitcoin through DCA strategy and Lump Sum.
Yes, one of the main concentrations in this thread is about holding our investment for long term. It's cool to think about long term what i feel should be more focused on should be accumulation. If we stop to accumulate bitcoin now not everyone will be proud of what will be the outcome of their investment if they hold it for at least 5 years. The reason is that some persons have not been able to accumulate substantial amount of bitcoin before thinking about holding it for long. I feel there should be a specific amount and upward that is enough for an investor to really depend on the long-term benefit of bitcoin. Every investor should have what i call a comfort level of accumulation that is required to make their long-term goal come true. For some having one bitcoin is enough while some having some fractions is satisfactory. However, i feel it depends on the financial desire of each investor. My financial vision might be totally different from another investor.