Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
MainIbem
on 04/01/2025, 10:49:29 UTC
[quote author=Btcalysis link=topic=5132720.msg64915756#msg64915756 date=1735948463
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.

[/quote]
That strategy is same thing as waiting for the dip to occur before buying Bitcoin, we've treated that severally in the past and it's not very advisable cause while one is waiting for the market to go dipper you would missed out on several opportunities, one of the best accumulation strategy if not the best still remains the DCA strategy and that's why it's widely spoken about, lots of investors have tried and seen that it helps maximise profits whether during the bullish or bearish season, it's not affected by volatility and gives room for both the poor and rich to implement it in their accumulation journey, most investors prioritise the dip season cause they feel they're poor to afford Bitcoin in large quantity based on the current price but with the DCA strategy, an investor does not have to worry about the price of Bitcoin nor wait for the market to go dipper before they start accumulating or adding more to their portfolio. People shouldn't use the fact that "anyone can do whatever they like" and miss out on opportunities of accumulating more Bitcoin or implement wrong strategies that could make them lose their Bitcoin.