I just entered this topic for about an hour, and I will start looking at the details from today. But I have been looking at this topic for an hour with ideas and my mind is useful enough to invest. I will start investing according to everyone's idea and make my investment long term. Because everyone here says long term investment is only more profitable, I will definitely show you the scenario of investing with proof from the day I start investing. So I am interested enough to invest now.
Welcome mate to this thread, let me run a quick brief on what we have been discussing here, as the title implies 'buy the dip and hold' the thread is about to best ways to accumulate bitcoin and the best kind of practices you can involve in your be successful at that.
We have settled for the fact that the DCA METHOD or dollar cost averaging is the best strategy for beginners amongst other strategies cause ;
1.)It doesn't require much knowledge to start
2.)You can start buying right away with any amount you have, you don't have to be rich or have a huge capital to start buying bitcoin, all you need is to is divide the capital you have at hand into several parts and invest at equal time intervals.
We have also discussed about building up emergency funds as an insurance we don't sell our holdings due to emergency when we don't plan too, this is important cause as a long term investor you have to ensure that your bitcoin remains intact throughout your investment time.
This is a short summary of some important stuffs you can do some research on DCA to aquire more information on what it's about.
I got a proof of the DCA method, I really like the process, you can also check it out if you want. View post, there is a lot of interesting information here but I feel stronger, now that I see this strong evidence and commit myself to investing according to your opinion.
