Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Sim_card
on 03/07/2024, 17:50:15 UTC
⭐ Merited by JayJuanGee (1)
Success can only be achieved by adopting the DCA method, as now is the only time to buy dips. So only those investors who buy the dip at the right time can achieve success in the right way. An investor can keep his investment alive with proper control, and if the planning is right then success is definitely possible.

Investors who buy Bitcoin when the price falls in such large amounts are investors who have a lot of money saved so they can do this all at once without using the gradual purchase method or in other words, DCA. So success does not lie in certain methods such as DCA, but success only belongs to those who believe in Bitcoin and are also willing to fight with their own capital without any hesitation in buying it when the price drops. Because if success can come from just one method, of course everyone will choose that method without looking at other methods that might not be bad to use to achieve success.
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Success can be achieved with any method that an investor uses to accumulate bitcoin as long as he is doing it the right way and also have his emergency funds, reserve funds and float funds since he is investing and hodli for a long time. DCA strategy is good for beginners because the buy bitcoin regularly weekly or monthly irrespective of the price of bitcoin at that moment. New beginners don't need to wait for the dip or plan buying at the dip because it will delay the quantity of bitcoin they should have acquired overtime if they just focus on only DCAing.

However, if you are lucky to have reserve funds for buying at the dip, it is good too because when you buy it will increase the size of your portfolio faster. Investors who have reached 50% of their bitcoin accumulation and above can use buying at the dip method because they already have a good size of bitcoin stash and waiting for the dip will not hinder the size of their bitcoin from growing.

All investors have the best method in which they can use to accumulate bitcoin in their own case scenario to be successful because we must work with our own financial strengths and how much bitcoin is in our possession.