Post
Topic
Board Speculation
Re: Road to 100k?
by
Ricardo11
on 08/09/2024, 08:25:57 UTC
The price of Bitcoin shouldn't be our main focus now what we should have been doing is to accumulate more Bitcoin and forget about it price the reason why the DCA strategy is there is to help an investor accumulate more Bitcoin irrespective of the price level, with the DCA strategy you can accumulate Bitcoin either weekly or monthly and keep hodling for long the goal is to keep on accumulating Bitcoin and HODL for the future so the price of Bitcoin shouldn't be a thing to worry about but to keep accumulating Bitcoin and hodl.
Agree with your opinion, we need to focus on holding instead of worrying about Bitcoin all the time. The DCA strategy is most helpful for a new investor to start investing systematically. An investor should aim to invest more and hold more over time. You can do continue investing and holding as you like without worrying about the value of Bitcoin, Bitcoin will move on its own accord. And if you avoid binary by worrying about bitcoin from the middle, you will not benefit from it when it suddenly increases.