Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Tmoonz
on 04/12/2024, 17:51:13 UTC
I disagree with you dude, it is true that some people are not comfortable with their holding while some are comfortable with their holding and those investors that are not comfortable with their..., and tends to increase their accumulation is not really a bad thing right but sometimes or most times it's not good because it can result to a lot of things like being biased, frustration, panicking, selling when you're investment is not mature or due because you will be so worked up because of the quest to increase one's accumulation, as a matter of fact you are imposing so much pressure on yourself. Just like I said earlier it's not really a bad thing but while not continue accumulating regardless and just be consistent and wait for such opportunity to come to increase your accumulation instead of striving to..., since one is investment for a long period of time you don't need to rush there's time for everything.
The reason for DCA method of investment is to make bitcoin investment easy, people don4 need to struggle so much to raise fund to invest. The DCA method of investment is a style of investment which people can invest with ease just with the amount you can afford.

You don't need to be worried about increasing your investment which is beyond your means of income, the most important thing is to be consistent with your investment no matter the amount it is and for sure there will be good result. It is always advisable to invest with amount you can afford, don't try to invest more than your means, with consistency you can be able to accumulate good amount of Bitcoin.   No need to stress yourself to increase your investment,  with accumulation you can get the increase you are looking for.

Our investment is meant to be within the level of our discretional income wether in terms of increasing our investment allocations or maintaining it, it is more like gambling for any one to invest more than their level of  discretional income because they will end up using the money that is meant for others living expenses to buy Bitcoin and at such may end up running after your investment to solve your other needs, indeed the concepts that is more reliable is to approach our investment without any form of pressure, but if there is any good reason to increase our investment amount it is also good, but it shouldn't be done by seeing it as a stress.
Surely you may be right by saying that our investment is meant to be within the level of our discretion whether to increase or decrease, but don't also forget that we can also do better by increasing our level of income to be able to have a good accumulation power, through increase in discretion. We must not be stagnant or pegged at a constant price of accumulation or source of income or having a constant discretion. So surely we should be aggressive sometimes knowing that bitcoin is volatile and will not wait for anyone, Don't forget that as bitcoin increase so do the gass fee increases, if we are too comfortable with our accumulation strategy or tactic and or our level of discretion we may be disappointed when gas fee will be very high that sending our weekly DCA amount of bitcoin to non custodial wallet, may be equal to bitcoin gas fee. Lets assume $20 weekly DCA  plus $20 gas fee equal to $40 total expenses in assumption. except you change your weekly investment to monthly, to reduce the gas fee. So sometimes we can as well increase our investment when our level of expenses has reduced.  

There is nothing wrong increasing our cash flow which may apparently influence our investment allocations over time, perhaps there are also time when we may spend more or less in different weeks or months or receive bonuses in the office one can as well increase their investment amount, and when it comes to being aggressive that doesn't necessary means that it must be an increments in our investment allocation, one can still be very aggressive even with as little as comfortable they can be, I must say this, there is need to prioritize comfort towards our Bitcoin investment, don't forget is for long term hence any investment decisions made by pressure will negatively influence our investment or shortened our plans, the point is to be comfortable in terms of whether you are increasing or decreasing your investment allocation.