Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
SuperBitMan
on 05/01/2025, 10:57:41 UTC
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.
You mentioned Must with DCA.

I think you are wrong, there is nothing that requires investors to apply their respective strategies.
They are interested in buying at once, it is not the wrong way, right?
Investors prefer to buy at once and save it.
Many also buy in stages with DCA but do not require all investors to apply DCA.

As long as you hold money, that's where the buying strategy lies.


I think you are trying to make a  valid point but yet to clarify me more. However, an investor buying once is not actually a wrong way to invest so long as they have the mindset of holding for a long period of time but the question now is how much Bitcoin do you think an investor will buy once and hold for a long period of time. Perhaps, an investor who wants to buy once will be a lump sum method which  will either be a one third or one quarter of Bitcoin so that it will yield something in the future but buying this number of Bitcoin at once is not really advisable because it can have an effect in one's financial status, that is why it is advisable to buy little by little using the DCA method so that we don't feel the effect that much.

You are very wrong here, using lump sum to accumulate a huge amount of Bitcoin at once is not a bad strategy and will not affect your financial status except you don't have the financial strength to use the amount you used in accumulating it, there are some set of people they see DCA strategy as stress to them because of there busy schedule so they just buy at once and hold and I see nothing wrong with that, for example someone decides to use $2millon to $5million or even more to accumulate at once using the lump sum strategy and then hold it for 10 to 20 years, do you think he won't be successful in that his Bitcoin investment.
Some set of people in this thread only believe the best strategy for Bitcoin investment is DCA strategy forgetting that humans are different and that is how there financial strength, time and the rest is different what may go down well with you may not with someone else.
@sotelorene saying in his write up that buying Bitcoin at once may affect your financial status without proper explanation is missing leading, yes DCA strategy is good so also lump sum strategy, what matters is if such strategy will be comfortable for you.