Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Barikui1
on 18/06/2024, 07:17:46 UTC
Any investor can succeed with the DCA strategy, whether in holding or in buying and selling. But the most success will be in case of long term holding, because by buying little by little means you can build wealth, but according to this strategy all investors are successful. If participating in the investment following the regular DCA procedure.
I totally disagree to the statement made bold here, anyone buying and selling in a very short period of time is just a trader, and with that kind of strategy, it wouldn't take you anywhere, because those newbie investors that sell their holdings at any slit increase in the price of Bitcoin cannot get anything tangible that can change his or her financial situation.

So in this crypto space, it's only advisable to invest only in Bitcoin, and while doing that, if you really want to reap the full dividend of your investment, and build a generational wealth overtime it's best  to be a long term holder.

Lastly, the DCA accumulating strategy has always been the best accumulating strategy, because it makes accumulation process easier, where the real challenge is, is how long can you hold? And the stash of Bitcoin in your possession, because that's the two things that determine whether you will be successful or not.