Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Obim34
on 22/01/2025, 12:08:40 UTC
I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin

Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.
Although there is nothing wrong in waiting to buy the dip if you have discretion income to buy at any given time. Or if you are combining other strategies. The only problem one can face is only focusing in buying Bitcoin dip without consedering other investment strategy. Because there is alot of people that only want to buy bitcoins when it is dip as a main priority and forgets to buy through DCA, in such situations such person can be considered missing opportunity.
In fact, waiting to buy DIP is never a good strategy, because the market does not always dip as expected, Bitcoin's movements are always unpredictable, so the DIP you are waiting for, it may never come.
There are many who, while waiting for DIP, refrain from buying when the price increases and ultimately lose the opportunity.
This is why it is always recommended to invest using the DCA strategy for Bitcoin investment. If you invest continuously for a long time using the DCA strategy alone, then Bitcoin can be accumulated at an average price.
Along with this, if you keep the necessary "emergency fund" and "reserve fund" ready, By Keeping DCA consistent, You can buy DIP at the right time with reserve funds. Which will increase your portfolio in a better way. Which can bring much more profit in the future.
So invest using the DCA strategy and move forward consistently towards long-term goals. Only by holding for a long time can you increase your chances of profitability much more.
Don't say never, i am in for accumulating through DCA but i won't condemned those who use the DIP approach moreover irrespective of their difference they still at last pull out good sum of profits only that one might not be lucky enough to gain as much as the other. In some case, an investor that purchase the DIP can basically get more in profit than the person that DCA. DCAing and making huge profits depends on the capital, time interval and how lucky the price of Bitcoin should DIP occasionally, if the price of Bitcoin should consolidate longer at a specific price then go further to make ATH, those who had bought earlier at the DIP will be counting on more profits.

Both strategies can be applied together, if Bitcoin should make the ATH this year, it will be unfavorable to purchase huge amount at that moment, it's a common reasoning for every investor but just for the sake of keeping the investment process investors can keep to DCA in smaller amounts then within the price fall taking us to the bear market, there should be an increase in how much spent on buying, to some extent if the price should fall down enough and the investor seem alright with the dip he can eventually choose to buy the DIP, it's all about being smart and able to initiate buys to make the most.