Re: Buy Buy Buy or Sell Sell Sell?

There is nothing wrong with your description of your strategy, which seems to be a combination of buying on the dip and DCA, yet you have ONLY been registered on the forum for a year, and so are you saying that you have been employing your strategy for longer? Did you get involved in bitcoin before registering on the forum?

It is good that guys share their strategies based on experiences which might help other forum members to figure out it they might want to tweak their strategies or maybe to disagree with your strategy, if it might seem that you are describing strategies that might not be as great as you seem to be making them out to be.

For example, beginner bitcoin investors may well not be in a good position to be overly employing buying on the dip rather than just buying regularly, persistently and consistently. Surely if there are situations that you have a lot of discretionary income or you have various other resources to draw upon, then you may well have more options than someone who might be solely relying on his income and who also might still be in the process of building up and maintaining his emergency fund (and other kinds of back up funds).

I totally agree with you here. There is nothing absolutely wrong when an investor chooses to combine buying on the dip, and DCA.

Yes it may be right that when an investor decides to make these two together in DCA and Dip, it may not be wrong but whenever an investor is looking forward to buying only during the dip, this will certainly create misconceptions about the progress of his investment. So in my opinion, whether the investor is small or larger, it should be focused on buying Bitcoin Immediately or regularly in a straight way, then try to take the opportunities in the market. In fact there is a saying in our country that people accept pitch at low prices or even for free. In fact the true essence of this proverb for us is to get more for less, that is make good use of the opportunity and here it is my purpose to mention that we will purchase Bitcoin at a low price but it is necessary to maintain DCA in investment.

We all know that the best way to invest is the DCA method, And specifically for Bitcoin investing, only the DCA approach can create the greatest potential in the long term. That's why it is never good to invest only by waiting for the DIP price, or to invest only aggressively. Because price fluctuations never go as expected, the price that an investor waits for may never come, so instead of waiting for the right price, the best investment strategy is to plan a series of investments in DCA, and besides, buying more bitcoins by exploiting the market upswing correctly, it creates more profit potential.