Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
$crypto$
on 24/02/2024, 17:18:32 UTC
The DCA strategy is not mainly for the poor or people with insufficient funds; the DCA strategy is for both the poor and rich guys. Anyone who uses the DCA strategy to accumulate bitcoin wants to be free from waiting for the bitcoin price to reduce to a certain extent before he or she can buy bitcoin. With the DCA strategy, you can accumulate bitcoin anytime you want to buy it without worrying about whether it is the right time to buy it or not.
Yes, investing in DCA method is not only for poor people. It is better for everyone to invest in DCA method. If you invest without following DCA method you may regret at some point. How to Regret For example: Bitcoin price is currently at $51k now if you invest your funds together unfortunately you may regret if Bitcoin price drops from $51k to $40-45k. On the other hand, if you invest in the DCA method, you can buy bitcoins at lower or higher average prices. So for all individuals rich or poor it is best to invest in DCA method.
Investing in bitcoin there are no rich and the poor can all do it if they want even with a capital of $10 it can be done so don't compare the DCA strategy to the poor because an old mun investor still uses this strategy a lot if they think it is profitable.

Not really! You invest without DCA strategy will you regret? That's not those who buy at once will still not lose if they don't sell, then you say buy at $51K then drop to $45K then regret? If you are investing for 5 years and above why should you regret it? Moreover, the price becomes a correction so it is natural in the bitcoin market if the price drops slightly because basically if the long term bitcoin will still increase too, right?

Remember when you buy bitcoin at $100K even if the goal is long-term then it is not a problem, as long as he is able to last longer in order to generate large profits.