Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Bravut
on 31/07/2024, 11:02:02 UTC
The DCA concept is a potential medium for sustainable Bitcoin investment where a portion of disposable income is constantly accumulating. Considering the volatile prices and bullish trend it can be a much better decision by accumulating a valuable asset with household daily expenses. Here is the assurance of proper use of limited resources as well as the assurance of alternative valuable resources for future generations. If you want to generate more growth, you can decent the portfolio by increasing your buying during bearish times. Basically holding bitcoin for long periods of time.

The practical saying of investing and forgetting can mean holding for a long time regardless of value which is of course very important for Bitcoin holders. Only the growth of stashing should be taken into account at intervals of time.


Well said, I agree with your view concerning growth of our Bitcoin Portfolio which is about accumulating more so as to have more stash of Bitcoin. This is necessary for every Bitcoiner/investor to take into consideration especially when dealing with a valuable, limited asset like Bitcoin.
The more stash of Bitcoin an investor possesses the higher the profit to be expected likewise reaching a maturity stage which can only be achieved if one has discipline, DCAing or using any other approach to accumulate more Bitcoin.

As you said earlier, buying more Bitcoin during a drop (dip) enables Accumulation process and purchasing power to buy more since its cheaper then. I believe by now investors should understand the need for a long term approach in Bitcoin Market, avoid panicking and follow through there plans with 4-10 years of hodling.