Re: Buy the DIP, and HODL!

what matters in bitcoin investment for long time is your decision, because I know very well that if you have the mindset to accumulate your bitcoin you will leave your bitcoin stay as long as you want, but a process whereby you don't have don't have the mindset to accumulate bitcoin you will not have a decision of keeping your bitcoin for long-term, theirs no maintenance in keeping your bitcoin to anytime you like, keeping bitcoin long time or not keeping for long time is your decision.

A good mindset is to buy with a DCA strategy, manage financial traffic well, then investment will be easy to plan for the long term. Work hard and find additional income to be able to buy more aggressively or accelerate our investment targets.

When investing for the first time, of course, doubts must be eliminated. We must focus properly on what we want to target in investing in bitcoin. If we target the accumulation of 1 BTC in the next 2 years, of course we must focus and find additional income to support the smooth purchase so that it is not hampered by a single stage.

Investments should be done in such a way that investments are never burdensome to us. When we can invest to meet all our needs or needs, we will not feel investment pressure and we will be able to succeed by planning that investment for a long time in a relaxed way. When it comes to investing I think some proper planning is necessary before starting, everyone has a different investment plan like how long he will hold his investment as well as how he will manage his investment. If investment can be planned in this way and if that investment can be done according to DCA investment strategy, then I think this investment strategy will be an effective investment strategy for the investor on the one hand and this investment strategy will help the investor to make long term investment. At present most of the investors are seen investing using DCA investment method so undoubtedly this investment method can be considered as an effective investment method.

Dca strategy is not the only strategy for accumulating bitcoin and the fact that an investor is using dca strategy does not stop him from making use of the other strategy. An investor can combine two of the strategies or all while accumulating bitcoin. He can be doing dca and still buy the dips when it occurs and also do lump buying when extra cash arises. So I believe none of the strategies are ineffective since an investor is not refrain from making use of the other strategies while using dca.

We mostly discuss DCA strategies here because it is relatively simple and a good way for people with low incomes to plan for their Bitcoin savings with discretionary income. Sometimes they can take advantage of single purchases during dips in price. It is like adding extra to their regular bitcoin accumulation.
DCAing method will collect Bitcoins on a regular basis, thats like building a habit for you. This is not the only way to save Bitcoin. You can build bitcoin stash with lump sum buying if you have floating cash. This method is a modern strategy for accumulate Bitcoins that is long-term. The main reason why the DCA strategy is popular with relatively small investors is that this method entices you to accumulate Bitcoins even if it is very small and for the long term. Another important thing is that the investment is largely risk-free and you should invest the amount that you can afford to lose.