Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Buy the DIP, and HODL!
by
wmaurik
on 04/05/2024, 11:29:01 UTC
⭐ Merited by JayJuanGee (1) ,ginsan (1)
At the end of the year we may not be satisfied with our holdings as the DCA strategy implies consistent short buying. In this case, you can buy a bit more than the series when you realize that its price has entered a bear cycle if you have a floating cash supply. Recommend you to do more research on these marketing strategies. Again after some time when the market rises in the bull cycle, continue with regular DCA and you can get the benefit of over-accumulation in earlier DIP and the average price will fall.

If the goal is still the same as the target of buying on Dip and holding for the long term, I don't think anyone needs to spend any more time doing research related to marketing. Because the only weakness when we see the Dip price is when we don't have much money to buy, even though our desire to buy is very big when we see the price has started to Dip.

And now the price of Bitcoin has recovered and is heading towards $65K so that people who did not hesitate to buy Bitcoin when it was below $60K have once again experienced victory due to the surge in Bitcoin prices which started to occur again at the beginning of this month. This can be a valuable example for everyone that price corrections only occur briefly, but the next price increase in Bitcoin is always more likely to occur in the near future.