Post
Topic
Board Bitcoin Discussion
Re: DCA method
by
WhoYouCantKill
on 18/09/2024, 21:28:06 UTC
I agree that a lot of value comes from just buying regularly and at whatever price, yet I am also not opposed for guys (even newbies) to be holding some back for buying on dips, since it can feel good to buy on dips, yet some guys (including newbies) seem to get too greedy or read too much importance in regards to buying on dips as if it were preferable to buying regularly, persistently and consistently.. especially in their first 1-2 cycles (each cycle being  4 years), and really it is likely not really that big of a deal to buying a lot of BTC at whatever is the going price when the money comes available rather than waiting around for dips that may or may not end up happening, so the guys who are regularly and consistently buying are likely ending up in a much better position after 4 years or longer of employing such practices rather than guys fucking around too much with waiting for dip techniques for dips that may or may not end up happening.
"I couldn't agree more with your assertion. Stability and continuity in the investment approach, regardless of the position of the Bitcoin market, is the key to success in this sphere. Buying on consolidation and investing at fixed intervals lessen the timing risks and make the investor disciplined.

While timing/waiting for the dip could also potentially be a recommended approach for the Bitcoin market, especially for the experienced investors, it is always advisable for newbie investors to play it out in consistency than timing. This approach helps one to gain more insight on the market, and Management Delay promotes patience.

It was also well captured by research which shows that market timing is hazardous and that compounding worked better since investment accumulations are normally steady in contrast with market timing speculatzions.