Post
Topic
Board Speculation
Merits 4 from 2 users
Re: Road to 100k?
by
As-Soon-As
on 03/09/2024, 00:00:07 UTC
⭐ Merited by FinePoine0 (3) ,JayJuanGee (1)

There was never a time when buying the dip was meant to be for those who DCA. Buying the dip is a pattern of buying and an investor who wish to lump sum or dca can as well buy the dip. Some investors rely on only buying the dip as their strategy without considering dca or any other strategy. Like i said before it all falls down to the individual risks.

The DCA method in Bitcoin should be done in such a way that by following it regularly and over a long period of time, you observe and see if a person invests $50 or $100 every week. So it ends up being $2,600 and $5,200 at the end of the year, and if you're a middle-class or low-end investor, you'll never be able to buy bitcoins with these sums together. So there are more golden opportunities to do DCA method than you ever imagined, it controls the average level on the purchase due to which every investor can be successful from it. Investors both past and present invest following this DCA method, because they must know that this DCA method is the only way to achieve success.

Buying the dip can seem to be a lot less risky since one has to wait for the bottom to buy, but what those who wait for the dip dont know is that it can be more risky when the dip never comes and they cant buy at all. Waiting for the dip will leave them no other option than to not buy at all. Now imagine that an investor has to sell off his btc for profit and wait to buy a dip that never comes while the market keeps going up is that not a huge loss for him?


Any investor prefers this DCA method strategy, the most reliable key to success with DCA method. I started doing the DCA method.  But I'm willing to hold this bitcoin for a long time if I don't face any danger.  I will try my best to hold it for a long time.