Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Roseline492
on 17/12/2024, 15:54:35 UTC
If you notice, we can definitely reach the highest level of Bitcoin price, the most important time will be spent if the holding is long-term. However, when the price of Bitcoin reaches one million dollars, it will definitely be possible to accumulate 0.5 million or half of a Bitcoin using the DCA method. If we hold Bitcoin by following the DCA method regularly, then we will definitely be able to realize the next bull market.

I find your statement a little bit problematic.  If you don't accumulate bitcoin now it's within the $100k and 1/10 of the speculated $1m, then will It be when bitcoinhas finally arrived at $1m that you will DCA half of $1m being $0.5m? Correct me if am wrong.

@As-Soon-As doesn't understand the magnitude of what he is saying because he is like saying that nobody should invest in Bitcoin when the price is too low but that when it gets very higher they can invest, that's what he is actually saying, I wonder the kind of investor he is to have neglected buying when he was supposed to and wait till Bitcoin rose to $1 million, actually by that time it must have been very late for him because even $3k or 4k worth of Bitcoin will not even look like an investment because is nothing to what the price will be, so this is actually the first time I'm seeing this kind of investment style by an investor who wants to grow his portfolio.