Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
laijsica
on 02/08/2024, 16:08:47 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.
You might not be wrong in your overall points laijsica, but you surely express your points in very confusing ways... especially since if you are investing into bitcoin (rather than trading) there should be no reason to get overly focused on whether you are in profits or not.
I humbly accept your advice. I think you're probably trying to figure out that the excessive attention from bitcoin hoarding techniques can be detrimental to investing. The underlying idea of ​​your words can help deepen the investment strategy which will encourage more DCA management in the long run. I thought that over-prioritizing Bitcoin investment would accelerate the overall growth but I was wrong because over-prioritizing may be trying to avoid the needs of our surroundings but we must give full attention to our real assets. Only after fully maintaining demand and supply can we set aside a portion of disposable assets to store bitcoins, a valuable asset down the road. Also aggressive buying can be positive for investors if they get the expected dips and they have a lot of floating cash which can decent the portfolio in the fastest time.