Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
teamsherry
on 06/02/2024, 22:45:15 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.

And of course, guys can do whatever they like, yet if we are talking about various accumulation strategies in this thread, it can be a bit irritating when we see guys talking about strategies that seem to gravitate towards trading or even selling to accumulate more BTC, but then at the same time, they do not present the idea very well, and surely it seem to be off topic since even the topic of the thread does not say anything about selling and the idea of HODL in the context of this thread largely is suggesting the opposite... don't sell.  So then there is nothing wrong with having different opinions, even though the concept of trading or selling to accumulate seems to be off topic.. at least for guys who may admit that they are in the earliest of stages of their BTC accumulation journey..

so sometimes we do likely have to try to figure out whether guys really have long term intentions or if they are merely engaged in some kind of flipping practice or pursuing dollars, which seems to then result in trading rather than investing, even though there still might be profits involved, but not the kinds of profits that would come from both longer term holding or investing over a long period of time, and then the earliest purchased bitcoins will likely have higher levels of profits than the more recent purchased coins, yet it also seems that the longer and longer that we stay invested then we will be building and building the size of our BTC stash and the longer that we are in, then probably the more likely that we are going to have older coins that have gone up a lot in value.. perhaps both exponentially and having several compounding events.. and at least those are goals, even though they surely are not guaranteed and even along our bitcoin journey we are also likely going to experience a lot of volatility along the way and have strategies in place to deal with the likely to be near inevitable volatility without panicking.

IMO I take it that you said it's better for us to practice hodl than to engage in any riskier type of practice with our Bitcoin because, even though short-term plans like trading or selling bitcoin to gain additional bitcoin might be profitable, we should be aware that we are betting our cryptocurrency on speculative outcomes and have strayed from our original plan, which was to invest and hodl for long term.
And so while we are holding, we are merely investing a portion of our fortune or earnings, so even though we are unsure if things will turn out as intended for ourselves as holders in the future.

Additionally, we have the DCA approach, which allows us to conveniently divide the allocated amount for investment into segments and then make periodic investments, relieving us of the anxiety of volatility and fluctuations. And we need to make informed, prudent investment decisions by always remaining informed about bitcoin.