Post
Topic
Board Bitcoin Discussion
Re: As a bitcoin enthusiast is every dip worth buying?
by
BenCodie
on 14/04/2025, 13:43:08 UTC
Many will say DCA is their strategy. This DCA strategy of a thing is only for those who  have huge capital or an amount that is sufficient for them to ignore and possibly has other sources of income in that the can choose to neglect what ever the market does and focus on their other stream of income.

I completely disagree that DCA has anything to do with capital. If you have an income, you can allocate any percentage to DCA, regardless of how much that income is. The key is to find the balance that will allow you to hold what you are buying for a long period. If you buy too much, you might be forced to liquidate it lower/sooner than the ideal timeframe.

Now for an average investor, one who is hoping to take profit soon, I don't mean those who have enough to spare.  It's best we don't lead people into regrets and pains with our contributions. Not everyone can afford to buy at intervals.

Everyone can afford to buy at intervals, not everyone is willing to sacrifice to do so/put money away for so long.

As we all can see for the past two to three months the market has not chosen a direction, it is neither buying or selling and some persons are waiting to take profit it price rises a little. So my question is judging by the range market we currently experience is it every dip and average Bitcoin investor should buy?

Price is irrelevant to one who sees the bigger picture.