Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
BitBakerr1
on 06/02/2025, 14:25:53 UTC
During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC
https://www.talkimg.com/images/2025/02/05/e36uw.jpeg
Link: https://www.ft.com/content/f964fe30-cb6e-427d-b7a7-9adf2ab8a457

I responded so your image would be visible.

I am not sure if any of us has to believe in BTC.. that sounds like religion.

It is good to have a plan and then to try to stick with our plan, and ongoing buying of bitcoin seems like a good plan. 

I personally prefer weekly buys rather than daily buys, but surely I can understand that if a guy is still early in his bitcoin journey, he might initially establish his position with daily buys.

but the Bitcoin DCA method is most useful on a weekly basis,


You are wrong here the DCA strategy is not just useful for people who are accumulating weekly it is also useful for those accumulating monthly, there are people who receive there salary monthly and they can also use the DCA strategy and it will be so useful to them, in DCA strategy when ever you receive your salary is when you can accumulate be it weekly or monthly using your Discretionary income.
Or do you think those who are accumulating weekly accumulate more than those who are accumulating monthly if that's your thought then you are wrong what determine more accumulation is the amount and not day's you may be accumulate weekly using $50 then 4 weeks in a month gives you $200 and I can be accumulating monthly using $300 I'm still accumulating more than you do.