Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Salahmu
on 17/08/2024, 08:16:02 UTC
You are wrong Salahmu, when you say that lump sum strategy is best for buying on dip... since lump sum strategy in its pure form does not necessarily have anything to do with buying on dips.  Buying on dips is buying on dips, and lump sum is buying when you get some extra money or you have just allocated that money to buying bitcoin right away at any price.

Thank you JayJuanGee for the correction and always standing as a mentor for us all, actually I never knew that I was misunderstanding the Lump strategy to another so I'm happy that you have corrected me because I have now understand the differences, I wish most people will see this so that they would also understand more better because most of the investors also have the mindset that lump sum is a strategy for dip and they always wait for the price to drop before buying without knowing that they are getting it wrong, so actually this your clarification has really helped a lot because it has restructured my mindset about it and also make me to understand it more better now.