Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
wmaurik
on 10/05/2024, 11:59:28 UTC
This is merely just a demonstration not a bet. It was meant to be an experiment to practically figuring out which strategy is more effective, Time the Market or DCA. So people who argue that DCA isn't a better option than Timing the market could look at the practical example and also make their assessment and observations with the visual and practical example provided.
So it wasn't supposed to be a bet or an avenue for arguments.
In terms of using a strategy, there really is no need for debate between one person and another as long as what we use is the correct strategy and is truly comfortable for each of us. DCA is still considered good today, especially in terms of buy the dip and hodl which is still a good goal for everyone so there is no need for any debate other than just to discuss it in more depth at this time. Because sometimes there are also people who don't want to use that strategy at this time, but those people still really like to buy on the dip and hold it as much as possible.