Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Proty
on 09/11/2024, 18:47:41 UTC
⭐ Merited by JayJuanGee (1)
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.

I personally love taking dips during market dips with DCA. This is one of my investment strategies. Many say that waiting for the dip during DCA may be the wrong move, but I'm happy with this strategy so far. The advantage of this strategy is that you can enter both DCA and Dip strategies. Investing in DCA gives you the opportunity to buy at all market moments and you can keep separate funds ready for dips, which you can be aggressive in buying by understanding the market or you can buy dips, adopting your personal strategy. It would be a good choice for me to keep my DCA active and buy dips twice or thrice during market dips with funds ready for dips.
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Well you can always combine all the strategy in your bitcoin accumulation journey ,you can be doing dca and also buy the dips when you have the extra cash and also lump sum.so i don't think anyone is against you combining the dca strategy and any of the other two strategy. But it would not be advisable for newbie who has not started there bitcoin accumulation journey to be waiting and timing  the market for a desire dip , waiting is not one of the strategy  for accumulating bitcoin and also they may miss so many market opportunities so that is why it is good for a newbie to start with the dca strategy