The advise you gave years ago in this thread which is "Buy the DIP, and HODL" have come to be one of the best many would have gotten in a life time. Those who followed that advice will look back to the moment they they took the decision to buy and HODL, and will be ever happy and proud to have chosen to obey even when it was looking so bleak and uncertain what the future held. I'm very excited to be part of those who took the chance and followed that clarion call and today we are gazing at out portfolio in joy and fulfilment. The future is looking so bright for Bitcoin and I can say that we are just getting started with the ride.
What we have now is still by extension what I consider the DIP as I have high expectations from Bitcoin, being someone that is playing for long term.
Now I think everyone is learning the Lesson , those who took advantage of buying in the Dip are just watching their investment rise beautifully, but those who have not managed or could not Buy for other reasons , not everything is lost, they have the DCA method , I am applying it , and so Whenever it is I am sure I can get my first bitcoin and at the End of the Day that is what matters , having it, if the rice goes up I am Happy , if the price goes down I look for money somehow to Buy Cheap, it is all a Question of wanting.
And well, I've always liked this article by Block:
Block provided further details on how they will implement the DCA strategy in its official statement. The company announced it will allocate 10% of its gross profits from Bitcoin-related products towards monthly purchases of Bitcoin.
“Under the DCA program, we plan to purchase Bitcoin on a monthly cadence, starting April 2024. We will execute these over a shorter time window due to lower notional trade values and improved Bitcoin liquidity compared to 2020 and 2021. To reduce slippage, we have chosen to purchase Bitcoin over a two-hour window that has historically had the greatest amount of liquidity,” the company explained.
original source:
https://beincrypto.com/block-jack-dorsey-bitcoin-dca-strategy/DCA is my way out even if bitcoin continues to rise in price.