Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
cryptoWODL
on 23/09/2024, 10:22:04 UTC
But Bitcoin is such a situation that the fear of losing money is close to zero, if he is ready to hold it for a long time then surely Perth will benefit several times. But generally we need to know our Bitcoin buying strategies which we call as DCA method, you can definitely be successful if you buy investment regularly. And if you can buy bitcoins in the deep market it will be possible to hold more.
If you are adopting DCA in investment then why mention dip season. The Dollar Cost Averaging method is where you purchase bitcoins for investment purposes on a weekly, monthly or quarterly basis. My only point of mentioning this is that since you are buying bitcoins for investment with a certain amount of money over a period of time then why should you wait for the dip season. From there you continuously buy and hold bitcoins.

Before investing keep in mind that market dips are unpredictable and it is not certain when they will happen. So it is better to buy bitcoins regularly instead of waiting for the dip. Continuously investing in ADCA will create a favorable situation for you if the market dips. If you have spare funds saved at that moment then you can take full advantage of the dip season.