Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
ginsan
on 18/02/2025, 20:53:22 UTC
⭐ Merited by JayJuanGee (1)
Although, accumulation of Bitcoin is a decentralize investment but irrespective of that the importance of market analysis in Bitcoin investment cannot be undermined because it motivate investors to have more passion for investment and help to have good understanding of Bitcoin investment or even trading.
Market analysis also enable investors to evaluate the performance of their investment to enable them make good decision that will enhance the efficiency of their investment to generate good return that will optimize the sustainability of their investment in the future.
So, considering the significant role of market analysis in trading and investment I will say that market nalysis is very important to both traders and investors.
I think there is no need to analyze the price when buying bitcoin, you want to invest for the long term you can buy it at the current price. No need to worry about the price because your goal is to invest, so in investment planning of course you will accumulate many stages of purchase if you invest with the DCA strategy.

Even with lump sum purchases there is no need to do price analysis because the main target is investing in bitcoin for the long term.

Your suggestion is not very good, because it will trigger concerns for novice investors because they think they have to be good at analyzing prices to be able to buy bitcoin even though it is not necessary at all in routine accumulation with DCA.
Don't equate it with traders because holders are winners, not traders.