Post
Topic
Board Bitcoin Discussion
Re: As a bitcoin enthusiast is every dip worth buying?
by
GbitG
on 30/03/2025, 20:45:20 UTC
_Snip_

DCA is a good strategy for long-term investment. However, if you want to make short-term profits, then there is no need to rely on DCA, because DCA will never give short-term profits. Those who are long-term investors always buy consistently and they avoid ups and downs. Also, since they have large capital, they can continue to invest for a long time. It is not so effective for short-term investors because they want to take their profits soon.
Yeah, that's absolutely right!!!
I agree with you. DCA strategy is a wonderful way to grab Bitcoin in a decent display. But we should need to understand that DCA is not too good for a short time period. Because we all know that Bitcoin is super volatile and every time it goes up and down, like make correction. So if someone is accumulating Bitcoin and wants to take a profit in a short time then apparently sometimes he would never be able to get the profit in short time due to correction. So that's why it's good to use DCA strategy for a long time with plans of Zero risk instead of a short term with a high risk.

Besides that, I will also tell you that long term strategy is good one rather than a short-term one because Bitcoin follow up the bullish track in long term like if you HODL your Bitcoin for 4-8 years then indeed you will get some decent profit with Zero risk.