Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Promocodeudo
on 16/07/2024, 19:42:50 UTC
Yes we are not developers who have to know those complicated technicals, investors like us just need to learn the basics of a simple but relevant investment strategy for ourselves and it should be customized whether we are with DCA or buy dips on every dip it is important we have a plan for it.

Actually, bitcoin investment is easy with even small money we can do it, and indeed never delay investing while the price of bitcoin is still low, this is the best solution where we can start now, do not let when the price of bitcoin is high then say sorry.

Of course you have to have a plan, having it means we are ready to do it, but we also have to be able to see the risks that cannot be eliminated. There are many strategies that can be done and it depends on which one we want to do. One of them is DCA, which is probably done more by everyone because it is easy to do.
I want to correct one impression that you are making here that many people are utilizing the DCA method because it is easy to use. No that's not the case, rather many people are making use of DCA strategy because it is more effective way of investing in bitcoin as it reduces the impact on the capital invested should there be a sudden drop in the market. The DCA method makes the capital outlaw not to reduce drastically when there is a sudden decline in the bitcoin market. This is the more reason why many people are comfortable with using the DCA method of bitcoin investment, not because it is easy. Also the DCA method makes it easier for people to buy bitcoin at their own pace according to their financial level. The truth is there is no method of bitcoin investment that's difficult to use.


Mate it would have been better for you not to make your explanation look more confusing, with your notion and detailed arguments about the bone of , I think your explanations still narrowed down to what @KeenanEl19 said, when they say that a strategy is easy, it simply means that irrespective of the market price at any given time, people can still invest continuously with the fund within their disposal, when people are allowed to acquired an asset with what they can afford what does mean, to me I think it simply means that such investment is easy and nice to use by both newbies and old folks in the business.