Re: Buy the DIP, and HODL!

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 barely understand what you mean in this context, there should have been no need contradicting yourself all along. If the DCA is used to accumulate Bitcoin, and we know Bitcoin as an investment which comes with good tidings (profits) why then do you think DCA isn't for the profits. The DCA is a strategy, same with Lump sum and Buying Dips and whereas they all drive us into accumulating Bitcoin then which other do we say is for generating those profits.

Successively accumulating Bitcoin during intervals is beneficial to the investor because he gets to buy Bitcoin at different price level confidently without considering whether the market is at it's lowest DIP or not. Moreover, whether we DCA, Lump sum or choose to Buy Dips it all pressure on us that we must hold in other to make good profits, no strategy has a cut privileges of escaping holding.

I think you guys misunderstood what he was trying to say is not like DCA is not for profit making because all the means of accumulating Bitcoin is for profit making perhaps what he was trying to say is that DCA profit is not like other method of accumulating Bitcoin profit because you will be buying at different price of Bitcoin which sometimes you can't really tell if you have made profit or not but those who buy's lump sum or during the Dip can tell for sure if they are on profit or not and I have also come to realize that the best way to go about the DCA is to hold for long term. In summary the DCA method is also for profit making don't get it wrong.

You still don't get the point, I'm not trying to distinguish between DCA strategy and other methods of accumulation strategy because each one has there own purpose, also no matter the kind of strategy you feel is okay for you it will be wise not to think too much about the profits because Bitcoin investment is like a journey that comes with a lot of possible good outcomes on the way and if you get overwhelmed or focus too much on those outcomes you may possibly not going to be able to reach your investment destination, when people talk about DCA as a profits making strategy it sounds as if is like some sort of bot that generat profit even without much investment, so perhaps people need to understand that DCA is like a process use to achieve the amount of Bitcoin we would like and from the amount we have accumulated will now determines our profits margin in the future.