Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
salad daging
on 12/02/2024, 17:34:20 UTC
Let's get this right because it seems everyone seems to be advocating that the DCA method is the best. I know the methord is very popular and most people that might have practiced it in the past might have hard positive result from it but what about a situation that someone has enough money and monitors the price of bitcoin and when it gets bearish to a  particular range of value he buys it and does that continually for the particular number of
year.
I have been practicing DCA for almost two years and now feel a pretty good profit in the portfolio but I will not sell sooner because I will continue to accumulate in this way DCA is the best way where collecting bitcoin does not have to be difficult in the sense that within $50/week it is more than enough.

Those who have enough funds to buy all at once during the bearish time it is better their budget is big enough then they can afford to do that, but for me it will not be able to afford it so I jumped to the DCA strategy which I am more able to do all the time and the expenditure and income to bitcoin is much more stable and that is why many people practice DCA.