Re: Buy the DIP, and HODL!

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

For those who want to collect Bitcoin and survive for the long term, of course they must be able to have planning and capital that will not be used for needs in the near future, because when someone is forced to invest with the capital they have, they will not be able to survive for long and must sell at a loss and for investors who hold for a long period of time of course they must make thorough preparations to be able to hold for a long period of time to be able to look forward to profits from holding Bitcoin.

If an investor has financial problems then he will follow DCA method.

I do not agree with you that the DCA method is for investors who have financial problems. The DCA method can be used by anyone irrespective of the financial level and I think it is wrong to refer to the DCA method as something meant for the poor. Anyone in financial crisis cannot even make proper investment in bitcoin because his finances are not enough and he will not even be able to setup emergency funds that is required to protect the investment from being liquidated when it is not expected due to emergencies. Anyone going through financial crisis ought to first look for other means of solving the financial problems before considering investing bitcoin.

You are absolutely right that DCA method of Bitcoin investing is not only for low income people but everyone can invest in this method according to their convenience. Dollar Cost Averaging is one of the most convenient ways to invest because using this method you can buy Bitcoins with any amount of money you have. Moreover, you don't have to depend on the rise or fall to invest in this method, you can buy at any time. DCA method is an investment method.The DCA method aims to apply value investing principles to regular investments by adopting this method.