Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
I_Anime
on 28/08/2024, 07:11:28 UTC
Don't mix things up for yourself and others Roll Eyes
What will you define as an enough fund ?? It's just like saying accumulating a lot of funds to take on different strategies, is it? ..
BTW that's not my focus, my point is that your post might divert  the attention of newbies to other strategies, not bad actually if they know about them but they should know that the best strategy for now is just buying to increase their portfolio and the advisable  strategy of buying is DCA[they will have different price entries with this & might enhance their portfolio size within a short range with consistency].

Sure DCAing is one of the best method of purchasing bitcoin, but still one can still start their bitcoin investment with lump-summing ( that's when they have enough cash though). Because it will help to give them a nice head start in their bitcoin accummulating journey. Making them to have some nice amount of Bitcoin as they start their accumulation. So after the lump-summing purchasing they can then continue with DCAing . Inorder to balance other expenses and same time purchase at different price intervals , aslong you don't go all in with all yah cash ( including emergency). Because that's a poor method to start bitcoin accummulation, because you may endup selling it too early , just to keep up with your daily living or coverup some expenses as an emergency funds.