Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
jossiel
on 30/07/2024, 23:56:55 UTC
I read few time here about this method DCA, but I am never having anything related about this as I am currently trying to invest in bitcoin for long term I need some updates and information about this if you can give link or related materials this could be great because I am not able to invest huge amount but now having strategy to invest in bitcoin small amounts which will help me and my kids in long run.
In simple words, DCA is a strategy on how you invest in Bitcoin. It's how you accumulate like you buy everyday with $10 worth of Bitcoin or with any amount you're free to do it.

Whichever amount you invest but you have to do it consistently. And it's perfect for you as you've said that you can't invest huge amounts, so this is a good strategy for you.

It's like you keep on saving but on the other hand, you're buying Bitcoin at any amount you're willing to do it and do it continuously everytime you have extra money.