Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
laijsica
on 01/08/2024, 17:33:15 UTC
The reason for DCA strategy is not for profit so don't be confused about that because I noticed that most people have been having a misconception about the purpose of DCA because I have also seen that most people think that DCA strategy guarantees a successful investment, actually DCA is just a normal strategy and utilizing it in terms of accumulating Bitcoin depends on individual or the investors also in terms of profits is actually depends how far you have accumulated on your investment that determines it because there are people who can use DCA strategy but could not still see any good return after holding because they failed to continue there investment.
I don't agree with you. DCA strategy is for investors to take profits and that should be uninterrupted for long term through regular investments (buy). This is an ideal method for people of any income where people can accumulate bitcoin regularly keeping in line with his income so there is no scope for confusion with DCA. DCA strategy is chosen by people for depositing bitcoins because depositing for a long time and taking it to a desired point so that he can get huge profit. Although he can also choose to keep holdings for future generations and valuable bitcoins alongside traditional assets. A Bitcoin depositor tends to keep depositing for a long time which can be at least 4-10 years or more. Continue with DCA strategy for long term to diversify your portfolio which is what your better return should come.