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Quote from: cryptoWODL on October 12, 2024, 01:31:14 PM

Quote from: sotelorene on October 11, 2024, 07:54:26 AM

if you said our focus is to buy Dip and the market haven't that means we won't buy Bitcoin right? perhaps our focus should be accumulating and holding regardless of the market price which is the DCA method or strategy.

If you are using DCA strategy for investing then why wait for dip period like a fool. Buying Dip may not be easy for those who are just starting Bitcoin investment i.e. new investors. Also, waiting for a dip period in the market is also unwise, there are some investors whose main goal is to buy bitcoins during the dip period i.e. they want to buy more bitcoins at low prices. But the time they wait for does not happen in the regular market and hence they are not able to invest. But they had ample opportunity to buy bitcoins at any given moment in the market.

Dips are unpredictable, so instead of waiting for this period to invest, one should set a fixed source of income and prepare to buy bitcoins immediately i.e. buy bitcoins continuously and prepare to prolong Holding. By buying Bitcoin regularly you can take advantage of any time in any market.

In fact, those who wait to buy dips are always missing out on good market opportunities because the times they may have been waiting for never come. Market ups and downs are often unpredictable, and we may not be able to buy precisely at the moment a dip occurs. For those who only want to buy in dip, it is very difficult to buy at the right time.

However, using DCA strategy is always correct as it is the best way to build portfolio gradually. By investing in this medium, the risk to the investor is always low, the short-term upside allows the investor to accumulate more bitcoins and take advantage of all the advantages. But for new investors, market volatility may seem scary at times, but if they decide to continue DCA for a long time with a certain solid plan, and take market dumping as an opportunity, they can hold DCA for a long time without any hindrance. And can greatly increase their portfolio.

Waiting for the dip before accumulating Bitcoin is a wrong way of accumulating Bitcoin because you will definitely miss more opportunities of accumulating more Bitcoin those that can wait for the dip before accumulating Bitcoin are those investors who might have gotten to there maintance level in there Bitcoin accumulation journey may as well wait for the dip before accumulating Bitcoin as they can buy with there reserve fund but for new investors waiting for the dip before accumulating Bitcoin is wrong, where by they can accumulate Bitcoin using the DCA strategy which will help them accumulate more Bitcoin regardless of the price little by little either weekly or monthly and hodl for the future.

Investors try to raise expectations for dips and naturally their waits may increase. If an investor has DCA running, he expects dips to buy more bitcoins because he wants to pick this as an opportunity. However Bitcoin price correction period is relatively limited. DCA should tend to increase the amount of reserve fund although investment advisors recommend holding the reserve fund for six months or more. In my opinion being more strategic about buying dips depends on the amount of your floating cash.

For new investors the decision to wait for dips in price can be a little delay in increasing the investment range so DCA should start with the amount allocated for investment and later if he expects more bitcoin holdings to get the price correction level in the long term cycle. Buy more from Dips.