Re: Buy the DIP, and HODL!

Quote from: salad daging on September 11, 2024, 08:20:50 PM

Quote from: Wind_FURY on September 11, 2024, 02:25:21 PM

To my fellow plebs.

Buy the DIP or DCA, more aggressive or less aggressive - we can debate and argue these things in the topic. BUT when it comes to actually doing an investment plan/strategy - that's up to you. You press the buttons/press the enter key, not the people in the topic, YOU.

There are larger/richer asset managers who are currently accumulating Bitcoin today than during 2020.

I prefer to consistently do DCA rather than buy DIP this has been a long term strategy plan in DCA accumulation, more convenient of course I still have fiat to own and get a better price.
This strategy should be maintained and I also see many interesting arguments here, although there is no conclusion on myself yet I still maintain the DCA strategy.
It has been more than 2 years with the DCA strategy and the results are quite good after looking at the portfolio and will certainly continue to be maintained.

DIP is not possible for everyone is because there are many investors who can't wait till DIP market is developed for them it is best to use DCA method only for them not to use DCA method for everyone. But I had invested Bitcoin from DIP market long ago and wanted to continue the DCA method as a result of which my investment was seen to be very successful. I still continue to invest using the DCA method in my investments. I was out of work on bitcoin forum for quite a while and was not able to earn but I had a physical source of income from which I continued to invest using the DCA method with some money. I have always thought that if I can buy bitcoins and invest using the DCA method than keeping money in my bank, I will get many times more returns than keeping my money in the bank. Moreover, almost everyone knows about my situation in Bangladesh, it is not safe to keep money in the bank from this country, that's why I always keep money in Bitcoin instead of keeping money in the bank, which is why I am constantly continuing the DCA method. I hope that the way I am going is the best way to go.