Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
I_Anime
on 28/03/2024, 17:51:55 UTC
Exactly, I just realized that last line. And I'll be sure to pass that information around the forum, to those who need it. Anyway, so, it's safe to say that DCA is a pocket friendly investment plan. You also don't need to time the market, since you'll be buying weekly
yeah DCA is one of the best and common means to accumulate bitcoin. And when using the DCA method to accumulate one don't need to bother his self with timing The market and all that. DCA also help in minimising one risk , Because it gives one the chances of accumulating at different price interval , and also help in increasing one coins in his portfolio. And also using the other strategy is still nice would also help in increasing your stashed expecially when you have good cashflow.

Secondly, we should not be concerned with wanting to buy every bitcoin dip when we do not have enough money to cover that. We should have a good income source and use 10% of our salary to accumulate bitcoin with the DCA strategy since bitcoin is a long-term investment, so we will have enough money left to take care of our financial needs.[/quote] yeahhhh , buying the dip is also a nice strategy in accumulating bitcoin. But not something one should always depend on before purchasing bitcoin, because so time the dip one is expecting may not occurs. And may cause one to miss out big thing, by  reducing the rate of one accummulation or Making one not to have any bitcoin stashed. As an investor that have the mindset of long-term investment, should always plan ahead.   As you accumulating    using DCAing. You can set aside some reserved funds for buying dip ( especially those with not enough cashflow). So that you don't have to always bother yourself with buying the dip .