Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Hewlet
on 09/10/2024, 06:11:09 UTC
⭐ Merited by JayJuanGee (1)
I think those who compare DCA investing to trading and gambling may not have even the slightest understanding of this investment yet. I would instruct them to read this entire Buy the DIP, and HODL thread  thoroughly so that they can gain thorough knowledge about DCA investing (as it has been mentioned here hundreds of times that a newbie can start investing with little knowledge of Bitcoin and little money). But they are right on one point that trading can be compared to gambling as there is maximum risk and profit uncertainty in trading just like in gambling. Through DCA method to avoid risk and reduce stress, we commit to holding bitcoins for a long period of time by buying and accumulating bitcoins over a period of time using a fixed income source.
Hahaha, your right buddy! but its impossible to read the entire thread from the start to the end. One might just get into so many discussions and be confused. However, they should take a sneak pick of the DCA thread and see what they've been missing all along. DCA cannot be compared to Trading. Like the difference is obvious so anyone who would think of comparing them both has no knowledge of Bitcoin investment, and regret is what he should be expecting if he has already started his investment.

even without reading the whole thread, a simple knowledge of what trading is and what DCA is would show that there's no point trying to create a comparison of any sort about Bitcoin investment with use of the DCA methord and gambling your funds through Trading.

Every two slide of this thread has given enough information as to why DCA is a great approach of investing in Bitcoin and anyone that's still following this thread and still thinks otherwise is either a full time traders that is still trying to come out from a believe system that he's stayed used to for a long time or is one that knows the truth but is not ready for long term investment and so creates reason to justify whatever believe system he's held in to. There can't be a better alternative than the power of compounding your Bitcoin through the DCA methord. Even when you're in a slight profit and after selling you earn above what you've invested, you still have to face the reality of two options which is iether to buy at a much expensive price when Bitcoin might have gone high or to keep on waiting for a DIP before eventually buying which might take too long to a point of spending off your capital. Which is now more safe to do? Put yourself in that kind of tight angle or overcome the urge of trading your investment and see yourself at a good profit in the future?