Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Promocodeudo
on 28/09/2024, 01:40:23 UTC
⭐ Merited by JayJuanGee (1)
It seems to me that part of EarnOnVictor's problem is that he is spouting out that there is supposedly some better strategy than DCA, but he does not really particularize such strategy in a replicable way including figuring out how to show normies how to follow such a supposed superior strategy in terms of acquiring and/or maintaining their BTC position.
You are actually misrepresenting the fact once again, as usual, perhaps you are trying to deviate from the major. DCA is a very good investment strategy and no one is comparing strategies here, I don't do that, get this straight. I rather vary my preferred strategies based on the market conditions, DCA is just one, we have enough of them but I don't know why that is difficult for you other than your own belief of HODLing alone and using the DCA approach for it. So static! It mustn't be them for everyone, it's your choice.

If you must know, I HODL and DCA, so you don't teach me what I know. But what you don't know or do not want to agree to is for one to be a smart investor, it's just your HODL and DCA, you even do it with disregard to other factors that can better maximize your earnings or preserve your portfolio better. You are lucky Bitcoin is a good asset, other markets would have punished you for it.

Whether I HODL or DCA, my investment chart must approve it, I don't do anything blindly, it doesn't matter the years I leave it running but the striking price must be reasonable with a reasonable market condition. This has been my guide ever since, for instance, why should I DCA when I see a potential price reversal? For what reason should I enter fire when I know it is going to rain fire? Why not be patient for the reverse to happen before applying the DCA at a better price? Investing is not by force and I don't know why safe investing is difficult for you to acknowledge. Investing is more detailed than all these things you guys read and watch online, try to do some practical studies yourself by using what you learned as the fundamentals.

If no one is comparing strategies here what are we actually doing here, @JayJuanGee has never frowned at any other Bitcoin investment strategy but he continuously mention DCA method because he knows that this strayegy allows everyone to buy at anytime conveniently with what the can afford and maintain instead of waiting for the dip as you have always said, lets put the the record straight since we are all learning, if there is any other strategy that every bitcoiner can use to acummulate Bitcoin thats better than DCA method i think is time for you to tell us, you said we have a lot of them, I think it will be better for you to mention them so that we can learn from you, sometimes I don't even understand your points, I believe bitcoin is a long-term asset, are you advising people to buy only when the price dips, if that's the case what's they need for DCA itself, i think you are the one misrepresenting this undeniable facts, yea whatsoever strategy you chose to work with I think is your choce but say things the way it should be to avoid passing the wrong information to newbies.

Am very happy you acknowledge the fact that Bitcoin is a good asset, don't you think that's the reason why @JayJuanGee like to lay more emphasis on DCA method as a good strategy to use in accumulating Bitcoin at all time irrespective of the price knowing fully well that having a bulky portfolio and hodling for a long-term is the goal, investing might be more detailed than we read online as you said but does DCA method have different meaning than the one we know, was DCA method introduced for investors to apply it only on a better price as you mentioned,I think your are passing a wrong idea to newbies here although I understand that everyone has there mathod of investment and no one can change that because is their choice but it will be better for us to give investment advise that's worth emulating by intending and existing investors.