Ninjastic
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Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 30/01/2025, 22:38:20 UTC
Quote from: Makus on Today at 08:48:28 PM
Quote from: ginsan on January 29, 2025, 08:54:54 PM
It seems very contradictory in the accumulation journey if we just started investing in bitcoin with DCA strategy and quickly switch to another strategy then such a decision will make you inconsistent throughout the long-term accumulation planning.

If we just started investing in bitcoin then we must be able to maintain initial strategy until the next 5 years and after that we can change the strategy that may be more aggressive or buy dips.

Indeed bitcoin investment requires lots of patience for you to be able to hold for a long period of time but, I disagree with your point which says you'll  have to want  for 5 years before you could switch strategies. Well individually we can accumulate as much bitcoin as our financial muscle could carry and that also implies that we could use the strategy that best suits us. The fact that DCA works really great for you doesn't mean someone else can use lump sum, buy the dip or combination of two or more strategies to accumulate bitcoin. What matters most is that you are accumulating at your own pace without stressing other needs. DCA is undoubtedly one of the greatest strategies i have come across but that doesn't mean it will work for everyone thesame way. Some persons due to realization of missed opportunities in the market after they have been educated about bitcoin they might initally start with DCA strategy but when they have done some deeper research and have become more enthusiasts about bitcoin they may decide to put in all their fiat savings at once by using lump sum and continue with DCA from their monthly wage.
I support all the ideas that you have conveyed in your post. I argue in my post, where long-term planning is generally a period of 10 years. So Focus 5 years to reach the initial stage with routine accumulation with the DCA strategy, another 5 years can be used if you want to change the strategy and it all depends on how the investor assesses the sustainability of the investment that he has gone through in the first 5 years. If he feels more comfortable following up the next 5-year period with DCA then that is a decision that he has thought about and also the duration of 5 years of investment will not make us satisfied, of course the accumulation target will continue until it reaches 10 years.

Generally, a person's income cannot be predicted, they have a lot of side income if they want to work harder, but from here investment is not like that, investment requires a perfect cash flow every week in order to invest consistently without missing a single purchase stage.

Well, strategy adjustments can be made at any time or in the 2nd, 3rd or 4th year and all of that must be thought out as well as possible so as not to interfere with long-term investment planning.

I think some people might want to see large amounts of btc ownership in their portfolio directly so they are willing to buy at once and they also continue to buy every week or every month.

For me, seeing investors flocking to invest in bitcoin has shown quite good strength for changing their thinking towards a more advanced or more modern direction by choosing to invest in bitcoin.

Quote
UPDATE: Bitcoin wallets holding at least $100 have grown 25% in the past year, reaching nearly 30 million.

This reflects an influx of new participants into the market, signaling renewed interest and optimism for #Bitcoin, according to Binance.



Source : https://x.com/Cointelegraph/status/1883673778305065144?t=-WfIxN32Ufv4wGpDmf18FQ&s=19