Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Samlucky O
on 29/09/2024, 03:38:44 UTC
⭐ Merited by JayJuanGee (1)
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.

At least it seems that you understand the three methods, even though you seems to be conceptually mixing them up at the same time.
If we don't have separate portfolios, it may be better to tend to mix in bitcoin holdings.
I don't think that is what JJG meant, I guess what he meant is that you seems to know the investment strategy but you are mixing up the explanation not mixing bitcoin HODLing. Your explanation here is not corresponding.

Our main objective is to try to build a bitcoin stash and DCA is one of the ways to accumulate regardless of value. DCA method is very effective for a beginner investor as observed from my investment experience but a lump sum decision should be made immediately if an investor has enough money.
Surely DCA method is an effective investment approach but not only for beginners but for all who want to Invest effortlessly and tiredlesly without thinking about the market fluctuations, and aims to accumulate regularly to get a sizeable amount for a specific period of time. Although  lump sum decition should abe made when their is money readily available but should be done wisely.

It is better not to tend to wait for dips as lump buying may be delayed and allocated funds may be spent for some reason. That is why an investor should make a buying decision regardless of the price based on the immediate decision. This can be very positive for increasing bitcoin holdings and holding more by circulating the accumulation cycle.
It is good speed up our bitcoin accumulation process when there is money, but like I said it is good we apply with caution. You know one of the worst investment approach is to Invest aggressively and later sell your stashes down the road. One of the way to use such a fund effectively is to divide your fund in orderly manner. For example if a person is fortunate to have received $3k as a bonus from anywhere he should divide it into 3 part, $1k for buying at each dip, $1k for lump sum and $1k as a descretion fund to buy a regular DCA. My explanation may not be the best but I think it's one of the ways to use fund that is received unexpectedly to avoid investing at ago and later sell your stashes due to lack of proper planning.