Post
Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
Joy- maker
on 17/03/2025, 09:25:00 UTC
Another thing is that forum members who have been stacking BTC for one or nearly two cycles, like you, would have more luxuries to potentially wait to buy rather than just buying BTC regularly, consistently and persistently and not to be considering if the BTC price is dipping or not, especially if they are either a no coiner or the consider themselves as a low coiner, someone who still does not have enough bitcoin.

One more thing for those who are already into Bitcoin for sometime, such people will also love to go bullish when price goes down like the dip we are having now. We saw Bitcoin price going up to 109k and staying around 100k for a longer duration before falling to current price. Though price has gone down at the moment and we can say we are having dip but we can't say whether it's the bottom or we still have to see more decline in price. Nevertheless this price (which we can say is part of DIP), is a good scenario for anyone waiting for DIP to buy.

Essentially without the DCA method, those who buy bitcoin dips in excess have a higher income.  Because we mainly invest in Bitcoin considering the source of income, unique person's income is high so they can buy dip with more money.  However, priority should be given to emergency funds before buying a dip, because no matter how experienced a Bitcoin holder is, if they do not have emergency funds, they will face great challenges in keeping their investment for a long time.
  So no matter which way we buy Bitcoin, it is most important to adopt strategies to sustain Bitcoin investment for a long time.

yeah you are correct no matter which way we buy bitcoin, it is more important to adopt the strategies that will help you sustain your bitcoin investment for the long run of 4 to 10 years.
In my opinion I think the DCA strategy is best strategy to apply when accumulating bitcoin, for it we enable you to buy bitcoin with consistency, because you are buying bitcoin with your discretionary income after you must have settled your needs and your expenses for the week or for the month.

But I still ask myself why are investors with low income are not sticking to this DCA strategy that  enable them buy bitcoin with consistency? Should I say it's greed or lack of knowledge someone should please and this question.