Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
mamesso
on 04/10/2024, 08:38:56 UTC
⭐ Merited by JayJuanGee (1)
~Snip~
After reading more replies in this thread I realized that the discussion here goes beyond just buying Bitcoin, and the main accumulation method is DCA. Thanks for your clarification and patience in explaining, it's a pity that not everyone can treat newcomers in this thread so well. Well, as far as I understand, the DCA method has an interesting aspect regarding the fact that if you buy Bitcoin every month, then all such investors will still have different results, because there are thirty days in a month and, for example, two HODLers will have different results due to prices.
Of course, we believe more in the long-term potential of Bitcoin than other Shitcoins. The DCA method is superior to many other strategies, that's why here we recommend this method more especially for Investors who are just starting to invest in Bitcoin. The convenience offered by DCA is unlimited, anyone can use this method without having to consider how much capital they have and it does not require a certain amount of time. In addition, it can help investors control their emotions and avoid impulsive decisions that can be detrimental.
By investing small amounts of money at regular intervals, investors will avoid decisions driven by greed or fear, such as buying when prices are rising or selling when prices are falling.