Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Odohu
on 08/04/2024, 08:23:08 UTC
⭐ Merited by JayJuanGee (1)
Discussion here is mainly for correcting mistakes, because correct decisions can be taken from each other's discussion. That's why we will discuss the main threats of the DCA method, only then can we all openly hold Bitcoin for a long time.
The DCA method has no threats at all, it is just a way of buying Bitcoin in a manner that it is doing in little fractions but done continuously and regularly. It can be done weekly or month but the key point is it being done regularly with such amount that will not have much financial burden on the investor. The DCA method allows the investor to build a good Bitcoin portfolio over a long period of time and by the way the way it is designed, the investors will not have to sell because the buying was not under any financial pressure.

So this discussion is about how to save your hold.
Saving the portfolio is just one part... the full discussion is how to buy, and how to HODL. Everybody can easily buy but not everyone can save and the method and approach to the buying will influence the HODLing to a large extent that is why there should be a balance in both the buying and the plans for the HODLing.


Best Teacher JayjuanGee....
You are very right on this, we have learnt a lot from the nuggets JJG usually drop here. I am a better investor in Bitcoin coutesy of those useful information that are usually shared free of charge. Many people have also benefitted from those information and are controlling nice stash of Bitcoin already.