Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Odohu
on 20/03/2024, 13:26:24 UTC

HOLD Hold
Investing in Bitcoins must be done using the DCA method, as you need to have regular investments. If you invest in high speed market you will invest regularly in dumping market. Then your average price control will come and your investment will be successful. So you can make your own way of regularization from the list.
Please this is not correct, there is no law that says investment in Bitcoin must be done through the DCA method because the DCA method is just one way of buying Bitcoin and not the only way. There are other methods and even the caption of this thread mentioned buying the dip which is one method of buying that is also great. It is not right to send the wrong or incomplete message out.

I have seen many great investors in Bitcoin who were able to share their story and most of them never used the DCA method, they just bought when they had the funds and were not too interested if price was low or high because their believe and trust in Bitcoin was high so they believe that the investment will not go bad especially as they planned holding for very long time. It should have been clear to you by now that the success of a Bitcoin investor is highly dependent on how he manages the investment than how he made the investment. So being able to hold your Bitcoin after getting is very important and should occupy most of our planning because any method used to get it is fine as long as we make plans to hold it while living our normal lives.