Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Jewan420
on 16/04/2025, 15:19:36 UTC
You don't need to emphasize on buying at the dip because that's not a good strategy in which you can use to grow your bitcoin portfolio in a fast pace over time. This is because it keeps you waiting in the ballpark for no reason and you will miss out the opportunity in the market of buying immediately and keep on increasing your portfolio with weekly DCA.
No strategy is bad for investment if the right person adopts the right strategy. For a new investor, waiting for a dip to buy is not a good strategy and this strategy can be harmful for him. But for a successful investor who has been able to achieve his goal and has been able to accumulate enough Bitcoin, the dip strategy is not bad if he wants to adopt this strategy. Because, he has already achieved his goal and accumulated enough Bitcoin, it is not important for him to be consistent in investing. If he enters the market during the dip, it will be a step to earn additional profits for him.

However, I think that such a decision is wrong for a new investor or one who is in the initial stage of investment. Because, first of all, you will delay investing, due to lack of consistency, you may move away from the investment journey, you will lose buying opportunities and it may take more time to achieve the goal. The biggest problem is the inexperience of newcomers with the market, this inexperience can easily scare a novice investor and lead to mistakes in timing the dip. From my point of view, a novice investor should not enter the dip strategy. I will play a neutral role in this regard for experienced and successful investors.