Post
Topic
Board Speculation
Re: Buy Bitcoin, and HODL!
by
Samlucky O
on 15/06/2024, 01:35:50 UTC
These are different strategies in accumulating Bitcoin. Some investors use DCA strategy, others prefer buying the DIP strategy, while some DCA and also reserves funds to also buy during the DIP and some accumulate with lump-sum (Rich folks). All these approach are decisions made individually with what suits our bitcoin investment goals.
You seam to be making sense though but you way of explaining this approach looks contradictory but I can still get your point which explains about accumulation process, and that has been the topic of discussion right from the onset of this thread. Surely each individual must invest according to how it suits them in Oder not to invest aggressively. Because if anyone should rush to invest without making proper research, such person may rush to sell and will be left with nothing than regret.

Of all the strategies waiting to buy bitcoin during DIP alone without applying DCA strategy might slow your bitcoin investment growth because the price might not DIP to your desired levels and timing the market can be stressful.
I think there is a misconception here, there is never a place where Investor will only be buying when it's dip without considering DCA. The problem of this your post is that you are not directly reply anyone here otherwise I would have said that you are correcting any body but I will tell you that almost everyone in this thread knows that the the three investment approach is used by only one person and not specifically for different people. Though some people may decide to choose 1 of the strategy alone maybe either dip and HODL, DCA and lump sum. But surely if we want to maintain a good balance in this bitcoin investment, we need to apply all the strategy to be able to be advantageous and also being in a safer side. Once we have a discretion fund with us we can be able to use all the strategy to yield a better result, compeard to those who only concentrate on 1 approach which is not a good one. For example a person who usually buys Bitcoin when it's dip may always be confused when is the best time to buy the dip or a person who usually buy lump sum as well be confused of when to buy but a person that has a reserve fund and is applying all the method stand a better chance in btc accumulation.

DCAing can be done alone regardless of market fluctuations as long you keep it consistent but I don't see any need to wait for the DIP alone to accumulate bitcoin rather combining DCA with buy during DIPs can further enhance portfolio growth by taking advantage of lower prices when they occur.
That is what all the active participant in this thread has been saying all this while which is true maybe you are the one who has never understood it all this while. I believe with your explanation you have fully understood what the thread is talking about in best investment approach to use which is combining all together to yeald a better result.