You sound so confusing because at the beginning of your post, you said that anyone who patiently invests in bitcoin with the DCA strategy will be successful, and at the end of your post, you said that only those investors who can buy the dip will be successful, which simply means that you don't really know how bitcoin investment works. Buying a dip is good, but it doesn't guarantee success in bitcoin investment, and no strategy guarantees success in bitcoin investment. For you to be successful in bitcoin investment, it solely depends on how you invest in bitcoin because you can't be investing in bitcoin with the DCA strategy in such a way that you will be struggling to sort out your daily expenses and expect to be successful in bitcoin.
Generally no investment strategy is guarantee to make our investment successful but it is good that we put in some good investments practices which i see is the general point of our conversations in light of all that we have been discussing here, and that is the reason why any investor should only follow up his or her investment within his or her general circumstances and goals and not just as a must of doing what others are doing, all approaches must be tailor down to suit you as investors while hoping for the better future, we have to prepare for the worst that may or may not happen.
Left for me, being successful in bitcoin investment is not about the strategy an investor use or how much the person invested with and overtime, being a successful investor, to me is how patient an investor can be, patience is the only guarantee that one's investment or goals towards their investment could be achieved, it is said that Bitcoin investment requires investors to hold for long-term and regardless of other important things like capital, steady income, DCA strategy and so forth, the main thing that would keep an investment going for 5 to 10 years or even more is patience, if an investor lacks it then it would be quite difficult to meet their goals or succeed in their investment journey. So whether one does the DCA, Lump-sum or even if they decide to buy the dip you'll still need patience to achieve your aim of investing.
You have said it all in relating to investment, that patient is the only solutions for an investors to achieve his goals when it comes to Bitcoin,
i know that self discipline should come along with patient, because any investors that doesn't have self discipline in him can never be patient enough to wait till when the dip will finally happen, if any investors doesn't have self discipline to be patient enough no matter the strategy he may decide to use, you will finally see the such investors will be tempteded to always making use of short term investment, so Bitcoin is all about having the mindsets of waiting for longer term since Bitcoin is all about the future investment, we should never be in a hurry to trade or sell off Bitcoin,
i believe that with functioning of this thread many investors will be learning something new on how to go about his investment, likewise me.
POPOLUV, I don't think that you are learning something new because you are not taking to corrections that buying at the dip is not the best strategy because it keeps you waiting without knowing your direction. You have been corrected over and over again and you keep on making the same mistakes. Is it that you don't read what you are been quoted on or others response.
I don't want to have that kind of patience to wait for the dip to come before buying because it's not fun waiting. I will rather be eager to buy bitcoin with DCA regularly every week to grow and build my bitcoin portfolio for 4-10 years and above, because when you are waiting, you are limiting your chances of accumulating enough Bitcoin and changing your financial status to the next level in future.
I expect that next time, you talk about DCA method which is getting started immediately with your discretionary income and start building your portfolio with consistent and persistent weekly regular buying overtime. With DCA, you are also buying at the dip and you ars open to various price opportunities in the market
One thing about this POPOLUV is that i believe he doesn't read through when he is been quoted to know where he is getting it wrong or right he still believe that since the title of this thread is buy the dip and hodl that one must first wait for the dip to occur before accumulating Bitcoin because I have seen somany members here giving him the right direction to go but his not catching it up even as you Ruttoshi has corrected him now he will still repeat same thing next so to me it shows that POPOLUV is not learning or taking correction at all.
What is the need always waiting for the dip before accumulating Bitcoin when you are suppose to accumulate Bitcoin consistently as a new investor using the DCA strategy and make sure you have accumulated enough or more than enough bitcoin to your portfolio for 4-10 years and hodl before you can even choose to wait for the dip before accumulating since you have gotten what you wanted.
To be honest waiting before accumulating Bitcoin is not a good strategy @POPOLUV.