Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Winterfrost
on 16/03/2024, 06:39:17 UTC
The market is diving lower and the opportunity for human capital has been created. Those who were waiting for the dumping market, the dumping market is here, now you can invest from the dumping market. I increased the investment using the DCA method and waited for the dumping market to invest by buying more bitcoins, currently in the dumping market I made myself invested if the market dumped a little more I would buy bitcoins and hold it. Maybe this is the last dumping before the bull market so no one should miss this dumping market to invest.
Yes the market is correcting now but Bitcoin price has been fluctuating continuously for days. Even if the price of Bitcoin falls, it will not affect the investment in the DCA method, because in the DCA method, Bitcoin can be purchased at any time at any price. However, when the price of Bitcoin falls, one advantage for those who invest in the DCA method is that they can buy slightly more Bitcoin with the same amount of money. However, this may be an opportunity for those who want to start investing when the price of Bitcoin falls.
should you be concerned about the recent fluctuation? Just what happened in the last two months when Bitcoin went from the range of $30k to $70k should have thought us a reasonable lesson that as long as we're investing for the long term, fluctuation or downward volatility isn't something to be bothered about. It's only to our advantage that we can buy at a lower price and probably increase our starch during those moment but our attention shouldn't always be on the fact that Bitcoin is rising or dumping or whatever. It's only procrastinators that are mostly looking at the trend to see excuses that will back up their inability to start starching up Bitcoin or to be consistent in the DCA methord.

One way we can also use the dump to our advantage is to set out a particular fund aside the one we are using for our DCA methord that would be used to starch up more during the bearish season. So in general it should be that while you're setting and applying the best strategy that will help you accumulate more Bitcoin you also ensure your source of income is in it best form and is probably increasing. If you're productive at your workplace and gets additional profit that's above your regular earning, you can set some aside for lump sum purchase during the bearish season which will go a long way to increase th amount of Bitcoin you have in your portfolio.

Remember that how much profit you expect to have in your investment is dependent on the quantity of your starched Bitcoin and so you've got to put in all the available factors that will accelerate the quantity of your starch.