Quote from: Promocodeudo on December 04, 2024, 03:26:27 PM

The number of years one has accumulated Bitcoin is not a criteria for such person to decide to buy the dip, I have never said buying the dip is bad but I have always said why buying the dip when we already know a good strategy to get this things done as we can all the time,
As an investor discretionary income should be available to enable you accumulate your bitcoin freely without being pressured to withdraw or stop your investment halfway.

How long a person is into bitcoin is not a criteria to adopting any strategy but buying the dip comes with it’s own risk and disadvantages especially when you are not into bitcoin for long, after using a huge amount probably more than you can afford to invest you expect things to be rosy and when things don’t go well you start getting worked up and panicking. This is what DCA strategy eliminates, you don’t have to invest much you just invest the little you can consistently at regular intervals that way you don’t have anything to worry about. It the best recommended strategy for beginners and it’s effective for everyone else.

If you plan out your investment well and practice the DCA strategy you will have reserve funds to cover up for other expenses and you wouldn’t have to worry about your investment or be pressured to sell them halfway.

Quote from: Obim34 on December 04, 2024, 04:35:54 PM

If you are opportune to buy the DIP then do so, the whole idea is propelled towards accumulating quality amount of Bitcoin. It's about time we don't give a f**k about independent strategies, the best we can afford is the comfortability in terms of accessing and distributing funds inside our portfolio. Using the DIP is same way profitable as using DCA, either way around the journey someone with the DIP mindset can actually make more profit than person using the DCA approach, the actual reason is availability of investment capital at each point.

It’s not just about filling your portfolio there are other things related to investment that other strategies does not provide. All strategies might be aimed towards the same goal of accumulating Bitcoin but that doesn’t make them the same each have their separate advantages. The DCA strategy is more advantageous because firstly it makes investments possible to a lot of less privileged people (people who don’t make much money), apart from reducing the risk of trying to time the market it also encourages discipline by helping one to avoid making wrong decisions based on volatility of the market and also reduces emotional stress which mostly results to panic sells. Buying the dip doesn’t guarantee all this thats why DCA strategy is the best strategy.