Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
GIF-JOBS
on 04/01/2025, 08:03:36 UTC
If you really understand the DCA strategy and you have been using it to accumulate bitcoin for a long time, as you said, you will understand that the DCA strategy allows investors to accumulate bitcoin both in the bullish and the bearish seasons, which is one of the reasons why most investors adopt the DCA strategy when they are investing in bitcoin. Accumulating bitcoin in the bear season alone will not guarantee you a bigger profit in your bitcoin investment; the things that will determine how big your profit in bitcoin investment will be are how much money you have invested in bitcoin and how long you were able to hold your bitcoin.
I have a strategy for this which worked. If the bear session has just started, do not buy bitcoin. If the bear market worsen, you can start accumulating bitcoin. If bitcoin fall far more than expected, that is indicating that you should buy huge. The money I suppose to use to accumulate is divided into 2 each time which I will later use to buy bitcoin at once later if the price fall more than expected.
Your strategy is exactly that of trading and I wonder how it works for you, waiting for bitcoin to drop before accumulating will make you miss out alot of market opportunities and it will definitely slow down your bitcoin investment journey nobody really knows when the market will dip so while waiting? what if the price didn't drop to that particular price you wanted that means you won't accumulate Bitcoin though people may choose to do what they want to do but your bitcoin accumulation strategy is not really a good one meanwhile by adopting the DCA strategy you can accumulate Bitcoin both when the price is high or low instead of waiting for the price to drop first before you can buy and you a should also know that the money meant to accumulate Bitcoin is your discretionary income and not by dividing the money meant for personal use to accumulate Bitcoin this will make sell out at short while because you never made any provision for your discretionary income.
Accumulate with DCA strategy either weekly or monthly regardless of the price of Bitcoin and HODL for long, and don't wait for bitcoin to drop price before accumulating that is a wrong strategy to accumulate Bitcoin.

When investing in Bitcoin, one should definitely invest using DCA to protect against the volatility of the Bitcoin market. No one can tell when the price of Bitcoin will go down or when it will go up, so if we wait for the "right" price, many opportunities may be lost. That is why by investing using DCA strategy, an investor can systematically accumulate bitcoins, without depending on market fluctuations, which can be profitable for his bitcoin investment in the future.
And most importantly, it depends on the long term view of your investment. If Bitcoin is purchased through DCA on a weekly or monthly basis, and held for the next several years, it may be possible to make a profit.
After all, the point of Bitcoin is that the more Bitcoins are held, the greater the potential for profit.