Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Dailyscript
on 23/05/2024, 15:55:42 UTC
The difficulty lies in identifying the right dip
Your first post in the forum happens to be in this discussion. Its not about jumping into a dialogue, perhaps if you have read through the thread you should have learnt that there is no point identifying the dip due to the price fluctuation. Going through your investment with DCA makes an investor not to think about timing the market because one could possibly not be able to buy if the dip do not come. Just like when we see a price increase at times so we may see price decrease. So we should be happy when the price dips and it shouldn't stop us form buying regularly through our preferred strategy. Buying the dip should be an extra strategy that would help facilitate the investment goal.