Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Makus
on 09/01/2025, 21:41:17 UTC
⭐ Merited by JayJuanGee (1)
In as much as Bitcoin investment is concerned,it takes the strong hearted to invest in it,even when using the DCA method or otherwise because of the fear of the unknown about the market price and alot of risk involved in it ,when using DCA method, it helps you accumulate and manage your resources to constantly be in the market,since it does not have a fixed amount to buy, instead you buy what you can afford,DCA method remains the best method of accumulating if you choose to buy bit by bit no matter how little it might be,you keep growing.
You really don't know what is DCA i see. When you are investing using DCA you don't get to bother about the market price so where is the fear of the unknown coming from? When an investor keeps looking at the price of Bitcoin consistently and having this fear of what the price would be next then he is constantly timing the market. And timing the market is wrong.


Lol, sometimes I wonder where they get this impression  from that with bitcoin you and of all strategy the DCA you should be afraid of volatility of the market. Volatility  in the first place is a gift and the reason Bitcoin  keep soaring higher unlike stable coins  which can be a fixed price for a long period  of time, and even loss value due to inflation.  Maybe bro thought Bitcoin has thesame feature as some of those shitcoin and scam project or he may probably be thinking short term investment.  I'll advice you take some time to go back to bitcoin price chart right from genesis block till and tell me what you see. Well it's a good thing you came to the right place to spill out your understanding so you can be helped. DCA is so far one of the best and reliable strategy used to accumulate bitcoin irrespective of the amount  you want to buy as long as you do it at your own pace, you could do your DCAing weekly, 2x a month depending on your ability without running out of cash for other important needs. And may also want to know about securing an emergency fund which could also be separated alongside your DCA but in a fiat form, so you don't get to use your bitcoin accumulate should in case an emergency need arise.