Post
Topic
Board Speculation
Re: Buy Bitcoin, and HODL!
by
Uhwuchukwu53
on 22/06/2024, 18:15:26 UTC
The DCA method is a method that requires time to carry out, so it can only be carried out by people who have enough patience, especially when it comes to continuing to buy Bitcoin and not wanting to sell it again in the short term in any condition. This means that this method is usually used more often by people who like to collect and accumulate more Bitcoins before making a target release back into the market at a duration that ordinary people cannot predict.
You are right! The DCA method requires a lot of patience to operate, which is a method of depositing bitcoins over a long period of time. This method is only applicable to those who have enough floating cash because the DCA method should generally be run continuously so that the unit price will decrease over time through successive purchases and more and more bitcoins will be added to the stash. Regular accumulation can build up your portfolio to be fairly decent enough to reach that size within 2 years. At the next level you can be aggressive in accumulating which is to own more assured holdings within 4 years. You can drive for longer periods if you wish which is 10 years or more and guaranteed high future profits.

Yes no doubt about these, it's a fact that is why is very good for long term holding DCA is not for people in haste even  when it can accommodate  all kind of investor, people without I strongly doubt any body who is having patient problem to do well in this even in other strategy Bitcoin investment generally need patient, if one have the mindset of holding for long time patient must be involved.
Buying  gradually before one kick start to be aggressive helps in the DCA it make you more relaxed but achieving the accumulating unexpected Bitcoin without stressed all one one need continuous accumulating and patient.