Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
smelody
on 26/02/2024, 11:35:44 UTC

Thier is nothing wrong if someone that's trading participate in this discussion. Isn't it possible that someone that was into trading and had been experiencing loses in the process might come through this conversation and have a rethink which will most likely make him shift to HOLDing his Bitcoin rather than doing a short term trading?
I hope the discussions about trading and investing can provide valuable insights for individuals involved in those activities. Hearing perspectives from others who may have experienced losses or successes can prompt reflection and potentially influence ones approach to managing their assets.
In this case I would ask to look at Bitcoin in a different way because of its historical results.Shifting from short term trading to a long term holding strategy like DCA, specially with assets like Bitcoin, can be a prudent decision for some investors particularly if they find that short term trading hasn't been yielding the desired results or if they prefer a more passive approach to managing their investments.

Many intelligent investors follow the same approach. They followed basically DCA approach and at the end of the year were actually at lower prices if we calculate for 6 months then we see the average price: 44+46+45+44+48+52=279
Average price = 46.50.
Here Unit price become 5 categories DIP, middle and high but average price nearest of DIP. And this is the best strategy of DCA.