Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Sim_card
on 18/06/2024, 16:38:48 UTC
⭐ Merited by JayJuanGee (1)
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.
That's true, the DCA strategy has lived for so long in the world of investment and it can't fail unless the asset itself fails. It is summarily a means to average the income of the investor by averaging the striking price, but in the end, this can't amount to regret because, during the investment, some will be missed at a best favourable price, while many others will be saved at the best favourable price, which is reasonable in all ramifications.

Nonetheless, I do not support this strategy at all times, and anytime the market has fallen so well to the point that you feel sorry for it...lol, you can commit your money to it without thinking twice. You will only miss out on a great opportunity by DCAing at that time. However, if the price of the market has risen to some doubtful level, yes, that is the right time to DCA to make sure that you do not lose/miss much due to FUD.
Why I still prefer the regular DCA strategy is that you buy bitcoin at both markets, the bear and the bull. Your strategy might be cool but it still have some disadvantage. Just like what I said in the other thread, when the price dips and you buy with the available amount that you have own without DCAing after buying. You cannot tell if that price that you bought is the bottom line of the dip. If bitcoin price dips below that amount that you bought, you will be regretting for rushing but there is nothing you can do about it than to start waiting.

 The investor that is using regular DCA because he does not want to act smart and wants to be consistent and persistent in his regular DCA will buy at the price you bought, and will still buy at the bottom line of the dip. If the bottom line price stays for a month or more, you that bought above that price because you feel that is the best dip for you will be regretting and losing out the opportunity. This is why I still prefer the regular DCA when building and grow your investment as a beginner or low coiner.