Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Futurexxx
on 30/01/2025, 14:35:28 UTC
I don't really get the point on why we need to monitor the market while its not actually price is not your main concern while accumulating.

We can do DCA without following the market trends since whatever price is good enough for us to accumulate. It will just bother bother people so better not to pay attention on the market and just pay more attention on your next accumulation.

Usually traders are the one who follow market trends also those people scared enough to accumulate and what they always want to buy at the dip which is actually not always possible to happen.

Consistency is really important here and we don't need any other technical things to consider before buying since we can do it anytime we want.
Assuming the market is positioned towards an downtrenc with repetitive cycle of lower candles pointing downwards wards and then comes a spike that pushes this candle to face upwards. As an experienced investor even with your DCA approach you won't want to buy because it is obviously a bull trap.

Every investor will want to get the best price no matter what. I still stand on the ideology that all investing strategies need monitoring even DCA else an investor with a strategic DCA approach will always make better ROI compared to an investor who just applies DCA blindly
You are practically talking like a trader here, can't you see that we aren't buying into this shit you are talking off?

Why would I be analyzing the market before making a purchase when utilizing the DCA accumulating strategy?
The value of Bitcoin is too cheap now comparing to how much it might get in the future when it has gone up to a million dollar or more, so the earlier you understand that the goal is to build a very good stash of Bitcoin the better, because that's what going to determine how profitable and successful you are going to be in the future, don't expect me to be messing around waiting for a retracement before I buy, no, that's not the perfect way to build a very good stash of Bitcoin.