Re: Buy the DIP, and HODL!

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.

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.

But you can't invest all the money you have in the bank into bitcoin. Either way you are still going to need to keep your reserved funds and emergency funds in Fiat. The only money that's not supposed to be kept in the bank is the money that's supposed to be used for investments, or long term savings which you won't be needing for a considerable number of years. Your reserves and e mergency funds should be kept in Fiat and possibly in the bank. But if you are scared that part you are keeping in the bank is going to be eaten up by inflation, you can store it in a stable coin like usdt. It is better to separate those from the bitcoin reserve you are accumulating that's meant to be for long term hold. Because if you keep all your money in bitcoin, if problem comes and you need money you are going to sell from that bitcoin and at that point you have started tampering with the bitcoin you have accumulated.

I'm not investing all of my money in bitcoins I'm investing some of my income in bitcoins because I have a small business that earns money from it I'm investing some of it in bitcoins instead of keeping it in the bank. I use the money I earn from my business for my needs. I don't keep money in the bank because everyone knows that the condition of my Bangladesh is not good. Most of my country's banks are bankrupt and many banks are on the verge of bankruptcy. I have kept money at home instead of keeping money in banks when political leaders have bankrupted many banks by borrowing billions of rupees from each bank. Currently, with the change of government, the country has regained some democracy and people are slowly regaining the freedom they had lost. But if the country is normal, of course we will keep money in our bank, but for my emergency needs, I must keep my local money with me so that I can use it immediately if necessary.