Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Buy the DIP, and HODL!
by
ginsan
on 05/12/2024, 21:18:30 UTC
⭐ Merited by JayJuanGee (1) ,Greyhats (1)
~~
Time for my last update this year

Market lowest Dip prices (Bitstamp USD$ prices on the daily chart)

06 Sep $52,546
10 Oct $58,867
05 Nov $66,798


From my own DCA & purchase data, looking at the lowest cost price around/near/on those dates I got corn at these prices:

Sep $53,684 (DCA)
Oct $59,197 (DCA)
Nov $87,972 (DCA)

honestly looking at the prices of previous 2024 buys and the latest ATH $103,647 gives the warm fuzzy excitteeeess

March $62,000            ATH $103,647         +$41,647
April $62,050              ATH $103,647         +$41,597
May $57,033              ATH $103,647         +$46,614
Jun $59,338               ATH $103,647         +$44,309
Jul $55,553                ATH $103,647         +$48,094
Aug $49,752              ATH $103,647         +$53,895
Sep $53,684              ATH $103,647         +$49,963
Oct $59,197               ATH $103,647         +$44,450
Nov $87,972              ATH $103,647         +$15,675

Keep stacking :-)
Awesome, you get to take advantage of a good opportunity, keep doing it.
With the data you shared, it seems that purchases with DCA run every month.

But so far I can only say that your level of consistency is quite good by buying regularly. Will you make a purchase at the beginning of the month, in the middle of the month this in  December. Because some of the purchases you make often occur at the beginning of the month if I have noticed since March.

I also accumulate Bitcoin with DCA but my strategy is more comfortable with weekly until now.
As I discussed earlier, I want to act more aggressively in 2025, Well maybe it takes adaptation to launch the program on the accumulation that I planned in 2025. I have prepared various considerations, where this year I budgeted 11.2% of my income to invest in bitcoin and in the thoughts that I have planned of course I want to increase it to 15% in 2025. Hopefully it can go according to expectations and planning that I have set.