Re: Buy the DIP, and HODL!

Advising someone to wait for the dip before accumulating Bitcoin just because to maximise his profits doesn't actually sound nice to me because indirectly you are obviously telling or depriving the person the opportunity he has to start investing on Bitcoin, however you need to understand that Bitcoin dip is something that doesn't happen on a more regular basis, so does it mean that the person will have to wait even if it takes years before the price dip before they can start investing on Bitcoin?, though buying at dip is also a strategy which most people normally use but is not a strategy that should be only use by someone who have not even gotten any Bitcoin stash on there portfolio, so that's were you get it wrong because if there are people that should utilize only the dip it should be those who have been on Bitcoin investment for long because is assumed that they have gotten there Bitcoin portfolio filled up which in other words being sufficient, so at that point even if they choose to invest only on dip is not going to be a big deal but for those who has no Bitcoin should never consider only buying at dip.

Generally, if an investor starts investing by following the DCA method, he must have been able to do the most valuable thing. Usually if the investor invests regularly weekly or monthly in Bitcoin then that investor will be able to buy dips in Bitcoin market dumping one to two times per month. And that's going to be bought immediately because bitcoin is always pumping and dumping, so I think if you do the DCA method on regular bitcoin I think you're going to buy dips in the bitcoin market immediately. Therefore, the main source of all investors is to invest in Bitcoin using the Bitcoin DCA method, because this investment is the only way to achieve success.

An investor can generally invest in DCA in any way. Someone may be investing a certain amount of money every day, some investors are investing weekly, and some investors are investing monthly, that is, all investors get the opportunity to customize this investment strategy and invest according to their own wishes. By investing in this way, the investor will always feel the investment is stress-free and will create an incentive in his mind for this investment. When we take any work as fun then we will not make any mistake in that work and we will be able to finish that work. So personally I think among all strategies DCA investment method is the most effective investment strategy for long term investment.

DCA method for depositing Bitcoins is a timely decision that is suitable for people of any income. You should plan to deposit weekly or monthly basis and also increase the tendency to deposit bitcoins if your income increases every year. By applying the same investment amount strategy, you may be delaying the growth of Bitcoin in the future. So if you have sufficient backup fund like at least 6 months or more then you can increase the deposit amount more. Also, tending to increase the amount deposited in DCA during each bearish period will allow you to accumulate more bitcoins in a short period of time. Investing will be stress free for you when you have a guaranteed source of income and regular cash flow which is considered as disposable income and an investment backup fund which can protect your valuable investment in case of any emergency.

In conclusion I would suggest that you should have the mindset of depositing accordingly if your income increases every year rather than just tending to deposit the same amount when you are running the DCA method of depositing bitcoins. Long term runs lead to further growth in Bitcoin and a large holding is accumulated.

Earlier investing usually required pooling some amount of money and after pooling a certain amount of money one could invest with that money but now the strategy of investing has completely changed. Earlier those who earn a lot of money monthly or weekly could invest properly but low income people were deprived of this investment. But now every professional person gets an opportunity to invest in DCA investment strategy. If a day laborer earns five to ten dollars a day and within this amount he can pay his family expenses and still have some money left over to invest in bitcoins. Again in this method there are many students who save tiffin money or tuition and continuously invest in Bitcoin. People who once invest in DCA investment strategy will always want to stick to this investment strategy.