Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Roseline492
on 04/06/2024, 10:26:49 UTC
Here is basically planning how to save long term holdings.  Through conversations and discussions with each other we try to come up with the right deals and this helps in keeping the holding alive in the long run. Because Bitcoin is suitable for investment at any time but it is natural that it will suffer losses if it is dumped, but how to minimize this loss, the DCA method is tried to be used to the maximum. Because using the DCA method controls the average price of Bitcoin. This is why the only way we are comfortable holding Bitcoin at any price level is through this strategy.

You seem not to really understand the work of DCA because i wonder why you would feel that DCA normally control the average price of Bitcoin, is totally not design for that purpose because DCA just as the name implies is just a strategy and not something that has the power to regulate Bitcoin, however the meaning of DCA is Dollar Cost Average and how it works is that you invest on Bitcoin using a certain amount to accumulate either on the weekly or monthly basis depending on how is suitable for you and is actually good as a begginner because you will not be worried about your Bitcoin investment since is for holding so all you will need is just to keep accumulating consistently.