Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
I_Anime
on 26/03/2024, 20:24:12 UTC
⭐ Merited by JayJuanGee (1)
Yes... Investment is not easy, You have the right time planning (buying dips) for proper use of your resources (investment), the ability to combine these elements to reach the destination. Despite having these elements, you cannot be weak, maybe there is a lack of elements in your plan. Here you talk about time but not right time (buying dips), enough patience and enough money to invest. Lack of sufficient money and right time to start Bitcoin investment can make you look like a poor investor.
one using DCA strategy should not be always concerned about the dip (but if there's any one can use his reserved funds to purchase the dip) , Because one Of the purpose of DCAing is  to purchase or accumulate Bitcoin at different price interval (either when the price low or high). Because if one keep on checking Market always, waiting for the dip he or she rate of Accumulation would be slow , because sometimes the dip one waiting for may not occur before the surging in price . And we are all aware that we can't actually predict the market movement, that why is always encouraging for one to start his accumulation with DCAing strategy buying at different price , and same time having a reserve funds to purchase the dip whenever there's any .