Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 10/04/2024, 00:25:56 UTC
So if you think you need to be rich before you invest in bitcoin then am afraid you are delaying your HODLing journey.
Exactly. Delaying their bitcoin journey, not knowing that if they miss this bull run, the next time they will find it will be 4 years after the next halving.

So many people are not aware of this, that the crypto market is divided into the bull run and the bearish market. The best time to invest in bitcoin is during the bearish market, and of bull run, have a selected price tag to sell some part of your bitcoin and hodl the rest because no one knows what the price of bitcoin will be in the future
The point is, do you the assumption that investing in Bitcoin is only appropriate in bearish times?

In my opinion DCA does not look at the market angle between Bearish or Bullish where if someone buys with DCA they will continue to buy every week without any pressure for them.

That's what I like with the DCA technique, we don't need to worry about price changes because we always buy it every week.
It is certainly very appropriate for beginners to use DCA rather than using other techniques in the investments they make.