Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Taskford
on 16/03/2024, 14:48:17 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.

If you notice one thing, you prove that it is profitable to invest when the price of Bitcoin drops. But should I stop investing in the DCA method if Bitcoin price drops? No, I will continue to invest Bitcoin regularly. The DCA method of investing means controlling the average price regardless of whether the price of Bitcoin is up or down. The DCA method will save 10% to 15% of Bitcoin price at the average price control rate if there is a specific mechanism to continue investing. Investing in DC method can be beneficial from two sides.


There's no point to stop since your intention is for long term and not for short term gains. If you only hold for short while then sell because you think you already see the ATH then that's somehow can be called as trading. If you can't handle it well because you are afraid to lose your money when correction came then better comeback next time and gain a lot of knowledge or when you are ready since if you really aim to hodl for long term for sure any market situation cannot affect your decision and you can accumulate bitcoin at whatever price it is. There's a lot of information to gather here and for sure those opinion and guidance of people with great minds to hold for future can really help those people to know more about what they are trying to do and can set their own targets or plan for future.