Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Rustam Meraj
on 14/05/2024, 15:06:36 UTC
Yes you are right that if we have multiple sources of income it can be easier to manage our DCA and increase the investment at a higher rate in stages. BTC deposit strategy following DCA strategy is comparatively very easy and regular and buying habit can give very high profit later and definitely safe fund for you. You consider it your fund and it is a very good decision to hold BTC. But you have to take care of this fund and to keep it running regularly and uninterruptedly, investment experts recommend following certain methods. You must have some cash that you can use or spend during emergencies without interfering with your investment funds. Because you may not get back your original margin if the investment fund is withdrawn midway for emergency needs, so it is important to keep an emergency fund of 3-6 months to reach your desired goal and continue investing for a long time. Everyone wants to hold for a long time to protect their investments.
Yes you make valid point that having multiple sources of income make it easier to invest regularly means day by day or week by week or even month by month and increase your investment. Investing in Bitcoin using regular deposit strategy (DCA) is great way to grow your money and keep it safe. It is good idea to think about this investment for long term and always try  to keep adding money into it. It is also good that you should have some extra money to keep it separate in case of emergency so you will not withdraw from your investment when market go down or you are in loss.