Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
ginsan
on 23/01/2025, 21:07:20 UTC
⭐ Merited by JayJuanGee (1)
DCA has proven to be better to use if we have planned a long-term investment in Bitcoin. If I choose a budget of 50,000 dollars, of course I will set it to buy every week as much as $126 per week and will spend 7 years buying regularly with 395 planned weeks. Such purchases will increase btc ownership more than buying at once because in 7 years we will buy bitcoin at any price.

that's just an example, but with the initial budget we will not feel burdened by our daily income if we have plotted it in general. But it can be adjusted to be more aggressive or faster and it only requires adjustments in the accumulation stage that is carried out.

If you can manage or allocate funds from the initial stage, of course our steps are only to execute routinely or directly set the automatic DCA on the exchange.

The advantage of DCA does not look at the price, up or down we still buy it and there is no worry about the decline because the decline is a better opportunity.