In the context of this thread we are not talking about trading or selling bitcoin in order to accumulate more bitcoin. Selling is not a good strategy to accumulate more bitcoin.
Sure the title of the OP might be misleading, since it has a concept of buying bitcoin on the dip, which implies that there might be some advantages to identifying the dip or even to wait for the dip rather than buying regularly. So there is plenty to talk about in this thread in regards to the various ways to accumulate bitcoin, and trading and selling bitcoin seems to be outside of the scope of what we have been talking about in this thread or should be talking about in this thread since if we start to talk about trading and/or selling then we get diverted from the main ideas of accumulating bitcoin for the long term, and what tactics and strategies might be effective for accumulating bitcoin.
You’re right!
The thread’s subject does suggest an idea of timing the market and waiting for a dip before, although while the other part of the subject says “And HODL” (which of course kinda frowns against selling) the whole topic still sounds kinda misleading.
But the discussion on this particular has indeed evolved and organically shifted towards considering a more appropriate approach and strategy for Bitcoin accumulation in the long term, which is the Strategy of Consistent Buying using the DCA approach.
If you ask me, I feel this shift in focus of the thread is quite an innovative and positive move/development, because it provided us the opportunity to explore different and several other strategies, p make certain comparisons as well as putting certain things into consideration in order to identify a more appropriate strategy for Long term Bitcoin accumulation and HODLing, thereby learning even more and beyond what the Topic talks about with the aid, knowledge and analysis of experts and professionals amongst us, helping us to build a more secure and solid Portfolio.
By focusing on accumulation approach, we’ve been able to explore other vast topics like the concepts of the Dollar Cost Averaging which of course so many of us never knew about, we’ve also been able to discuss the importance and benefits of having an emergency and other backup funds too.
You’re absolutely right that introducing trading or selling into this discuss could serve as a major distraction from the main theme of the discussion which of course is long term accumulation. Rather than deviating from the discussion, it’ll be more beneficial to maintain our focus on long term accumulation as this would potentially help us to provide a more valuable insight and guide to those who are also seeking after building a solid Bitcoin portfolio in the long term.