Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 16/02/2024, 21:22:50 UTC
The process of the DCA method is simpler and easier for beginners to understand, just determine the time to make regular purchases whether weekly/two weeks or monthly it will be according to their abilities but this DCA strategy has become common but the most effective than other strategies, I feel how doing DCA for more than a year has a positive impact.

Those who sell in a hurry due to urgent needs may be due to lack of preparedness when starting investment with DCA, among others, they did not prepare a reserve fund for other emergencies.
But DCA is better above 5 years then the results will be even greater, but now it is trying on the way even though it is full of many obstacles and the temptation of an ever-increasing market because the desire to sell is always there, but until now it is still sticking with this DCA method.
In this case you are quite right because the DCA strategy is not a foreign strategy and is widely used by those who invest in Bitcoin. I feel comfortable applying the DCA Strategy in the investments I make.

 DCA is quite good for beginners or old investors in accumulating Bitcoin.

I think the advantages of DCA that I have experienced in the investments I have made include that we are not burdened with thoughts that surround us. and there is also no pressure that makes us worry when prices fall because we always buy at every stage and continue to hold. For this reason, I think that for beginners, it is more suitable for them to use the DCA strategy in investing in Bitcoin.