Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Buy the DIP, and HODL!
by
SuperBitMan
on 03/12/2024, 21:31:37 UTC
⭐ Merited by Cryptokuus (2) ,JayJuanGee (1)
The more bitcoin you collect the more profit, because you can store it for a long time and this will be the DCA method. But currently if someone invested in October and his investment increased by 2 to 3 times in November then surely most success is possible with proven bitcoin long term holding.
  Note that the bull market is not over yet, so even with bullish prices, if you hold Bitcoin with the DCA method, you will save on the purchase price. That's why DCA method is the best and has the most role in Bitcoin investment, so you accumulate Bitcoins little by little in which you can accumulate the maximum . And stay away from bank deposit, deposit bitcoin money.


My goal is to be able to get the bitcoin using the DCA method, no matter how long it takes me but even if the price of bitcoin Increases I will continue to accumulate anyway, I don't care, seeing that the money in fiat increases there are Emotions , but more emotions seeing that the satoshis grow, and that is what many should see that a bitcoin is that, a btcoin, which is the goal, I hope this can be done for more, but I'm sure that if I make 1 btc then I will continue to make the 2nd, that's the idea , that's the purpose of this.


I wish you the very best of luck in your Bitcoin quest, and you know what, Bitcoin got you. I've never seen an asset that is as reliable as Bitcoin, that's the truth, so no one bets in favour of Bitcoin and loses in the end. But those who bet against Bitcoin will always find themselves to blame, it can only delay but will surely happen.

By virtue, anyhow you plan your investment in Bitcoin is not the issue, just continue to have that stash of it until your joy is full. The DCA approach is good but some are just buying when they have extra money regardless of the price, they use it as their means of "savings" instead of wasting their money in bank accounts. That was what I did between 2022 and 2023, and today, I tell you that I am very happy with the decision.

Is this really true well for me I think is not because there are plans you will follow in your Bitcoin investment and it will delay you for example waiting for the dip, and if you are into Bitcoin investment you need to use only your Discretionary income for your Accumulation if you don't and you start using money meant for taxes, electricity, water, food etc you will hit the rock which will lead to you selling of all your Bitcoin .
So planning your Bitcoin investment is very important because if you don't plan well you will fail, we all know that as someone who is into Bitcoin investment is important you have a backup funds it helps prevent dipping hands into your Bitcoin investment.
One of the reasons why we always share ideas here is so we can learn from each other and come up with a good plan on how to follow our investment.