Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Frankolala
on 04/01/2025, 20:44:53 UTC
⭐ Merited by JayJuanGee (1)
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.
Surely Investing in Bitcoin should be done through DCA to enable you invest regularly without considering the bear market or bulll run. Saying that you will buy Bitcoin only when the market worsen, is not a good way or method of buying Bitcoin. Of course it is good to buy Bitcoin more when the market dips, but shouldn't be what we only think and hope for , but should be a second option from the DCA. That is why it is advised that we should  have a discretion income to be able to buy Bitcoin through DCA or buying on dip and or lump sum. So that we dont only consider buying the dip method as the only priority.
Buying at the dip is not for a brand new investor who haven't accumulated up to 60% of his portfolio and above, if not you are only wasting your time and not investing because in bitcoin investment is what you put in that will determine your returns in future and how long you have hodli. It's good that maybe, after one circle of your regular DCA weekly purchase or monthly, you reassess yourself to see if you are adjust your DCA strategy or use other method to continue investing, because the most important thing is for your to keep your bitcoin investment ongoing with persistent and consistent so that you can reach your target or close to your target.