Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
laijsica
on 28/09/2024, 12:03:05 UTC
If I had money for lump sum I would have prefer that to DCA strategy because I would just buy at once and forget about it just keep holding I think it would give me more relaxation, I won't be thinking about Accumulating this week or month, I won't be stressing my brain on the percentage or on when to be aggressive in Accumulation.
Some people with huge amount of money still prefer DCA strategy for me it all depends on what you feel will work for you.
I think it will be good will discuss about all strategy there advantage and disadvantage and let people make there own choice of the strategy they feel will be more better for them some newbies in this thread only know about DCA strategy and they feel other strategy are not good enough that's why people only talk about DCA strategy.
I think it's better to divide it into several stages if you have $10k. Buy $3k with Lump sum and another $3k you can put at a low price and $4k you can apply with the DCA strategy.
Especially if you plan to invest for the long term, of course DCA is better to apply.
I think you don't understand how DCA works because if you have applied it, you probably won't turn to other strategies.
I have been running routine investments for almost 2 years, DCA has always been my mainstay and in fact it is quite comfortable for me.

If you are still in the early stages of Bitcoin accumulation, I suggest buying normally, I mean you don't need to move aggressively before you are really ready to do it. Buying aggressively is also supported by strong finances at that time and if you don't have an increase in income at that time, of course it is better to buy as usual like the previous stage accumulation, for example $20, of course you just continue each stage with $20.
No need to divide it, if you have $10k which you want to use to invest in Bitcoin using lump sum strategy you just buy with it at once that is what lump sum is all about and then you hold, some people after accumulating Bitcoin using the lump sum strategy at a point they even forget they have a Bitcoin investment and they usually hold there Bitcoin for a very long term.
I'm not saying DCA is not a good strategy is a very good strategy and that is what I'm using now because I don't have the capital for a lump sum strategy, however no body should try impose any strategy on anyone especially the newbies we should learn to discuss all strategy and let people make there choice.
Lump sum or DCA is a nice strategy and anyone we use let's make sure we are holding.

Well lump summing is or can be one of the fastest way to accumulate more Bitcoin but if you must lump sum you must be financially stable to an extent else one will tamper or disturb his investment when it's not yet mature. No one is imposing any strategy to anyone rather they are discussing the safest way a newbie should follow if at all they want to invest in Bitcoin and people who are discussing these are people who has experience and have seen how it works and remember information is power, if you are not informed  you may choose the wrong path and at the end one start panicking so why not save yourself that... By utilizing the information that is been shared.
Yes in terms of investment lump sum investment can be very useful for an investor if he has excess money supply but he has to choose the right time to do it like dips price trend. If you don't get suitable bearish then you can start depositing bitcoins with DCA method and if you get low price of bitcoins during deposits regularly then lump sum buy may be more useful for you to get more holding in less time.

I think a typical Bitcoin investor would tend to buy in bulk when the price dips while staying with the DCA method. Although it totally depends on his financial capability. By having a backup fund for invested assets and managing it for the long term you can get a lot of bitcoin holdings. Lump sum buy for assets such as Bitcoin allow an investor to acquire larger holdings over a short period of time.