Quote from: Raflesia on Today at 02:06:48 PM

Quote from: DubemIfedigbo001 on Today at 03:09:51 AM

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Moreover it is not really advisable to only invest in bitcoin when there is dip, it will definitely make us not to accumulate as much expected,

Correct, it can even inculcate the trading mindset into a low-coiner and further encourage the speculative mindset on a no-coiner which can lead to lack of action and he may end up not even investing at all. Consistency and dedication is needed to attain success in your ongoing accumulation journey

Whether it is recommended or not I guess it depends on everyone's purchasing strategy. Is only buying when the price is down wrong? of course not because it is not a mistake even though maybe for those who buy DCA things like this are a little wrong but it is not a mistake because it is valid when we try to buy just because bitcoin is down because it is also another method that can be used apart from DCA.

All have their own plans in the accumulation of bitcoin and that does not mean when they make purchases just because they are not with the same method as us it is a mistake because for me whatever the method of purchase is still very good as long as the goal is the same as buying bitcoin for the future. Regardless of whether it is DCA, Buy dip, Lump sump it doesn't matter, what is wrong is those who always talk about bitcoin with a lot of theory but they don't try to buy.

It is not wrong to accumulate bitcoin whenever there is a dip or market correction however it will be unwise for a no coiner or a low coiner to be waiting for a dip or a desire dip before starting accumulating bitcoin because the investors stand at disadvantage of missing out market opportunities.A low coiner oughto to focus more on accumulating bitcoin continuously, persistently and aggressively if the need arise and the DCA strategy offer investors morespecially a low coiner the opportunity of accumulating bitcoin on regular intervals as this strategy will make it possible for a low coiner to be able to build up his portfolio.