Post
Topic
Board Speculation
Re: Buy every dip!
by
Mayor of ogba
on 02/04/2025, 22:48:59 UTC
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.
Most of your posts that I have read, you always talk about waiting for a dip to happen before an investor will invest in bitcoin, but as a low coiner or no coiner, you are not supposed to be carried away on only investing in bitcoin through the buy-the-dip strategy because you don't know how many dips will happen in a year and how many times you will buy bitcoin since you are so interested in buying bitcoin only in the dips, and it will deprive you and delay you from accumulating a reasonable amount of bitcoin because you will be less active in accumulating bitcoin. As a low coiner or no coiner, you should focus more on investing in bitcoin with the DCA strategy so that you can be accumulating bitcoin consistently without waiting for a dip to happen, and if a dip eventually happens during your accumulation stage, the DCA strategy will still give you the advantage to buy the dip and benefit from the market, which will allow you to build up your portfolio gradually.
I'm overwhelmed and short words, you have just given the best advice in a cool manner that i amend my wrong view of always wait for the dip to eventually happen, from today my focus will base on how to accumulate Bitcoin, by using dollar cost averaging strategy.
You are welcome. You are in your learning process, and since the price of bitcoin is a bit high, it is normal for you to see buying the dip as the right strategy for a low coiner or no coiner to use when investing in bitcoin, but it is not the suitable strategy for a low coiner or no coiner. The DCA strategy is the perfect strategy for a low coiner or no coiner to use when investing in bitcoin. Just concentrate more on your learning process and read more of the posts that have been posted here to thoroughly understand the importance of the DCA strategy in bitcoin investment.