Re: Buy the DIP, and HODL!

I I'm assuming that you are referring to buying the dip and if that is the case, it's obvious you are missing an important ingredient of that method of Bitcoin accumulation. Buying the dips does not mean sitting idly and waiting for price to drop neither does it forbid the person from apply other methods to buy Bitcoin while still setting aside some funds with which to buy should price drop below a set target.

There are many investment strategies and you can choose one strategy that works for you or combination of some strategies with different parts of your investment capital. If you don't want to have headache, you can simply use DCA, but if you afford to follow up the market and want to find better prices you can wait for dips. Time the market, find the bottom (best price) are difficult so "Buying dips" is good if you apply this strategy for one part of your investment capital. I still think your main capital part should be used with DCA strategy, not with "Buying dips" strategy.

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You can buy with the DCA method with some portion of your capital and keep a small portion for buying the dips. This is what I understand as effective way of buying the dip.

I agree with your customized strategy because dips can happen or not and in a bull market, dips can occur after a long time like several months of bull run. So waiting for dips in a bull run does not always give you better entry prices.

Waiting for a drop is never the right approach. This will make you miss out on buying. You think that if Bitcoin reaches $90,000, I will buy. If it doesn't, then you have missed out on buying. You can continue to buy consistently using the DCA method, so you can buy at all levels. If you want, you can set aside some money to buy aggressively.

Even though you are a newbie, you seem to be well versed in the DCA strategy. While waiting for a dips is a good idea it can also have a different meaning for Bitcoin accumulation and can lead to situations where you may not get the amount of price decline you expect. The volatility of Bitcoin price entices investors to invest more and DCA method is good for those investors. If you observe the attitude of those guys who waited for the dips Bitcoin price was near $90k a week ago and they were expecting to buy after it reached price of around $80k, but after a week Bitcoin price crossed $100k and is likely to increase further. Those guys may have the current attitude to buy Bitcoin if it is at $90k or near it. Every time they miss the opportunity to accumulation Bitcoin and blame their own luck. Those investors who continue to accumulation Bitcoin the DCA method regardless of price are examples of patient and intelligent investors.

I have read your post over and over again but yet to get your point exactly and you confused me the more when you said that the volatility of Bitcoin entices investors to invest more how?. And I was wondering and asking myself if you actually know what is volatility because volatility in Bitcoin price is a variation and this means that the price can go up and it can also come down so how will this behavior entice investors to invest more?. How wish you said the Dip entices investors to invest more then it would have make but volatility NO.

We have said this several times that whenever one wants to invest in Bitcoin he or she should invest regardless of it price by using the DCA method and at same time be saving up money which will be used to double our investment when there is Dip, the Dip always drive both investor that has saved up money and the ones that haven't and anyone who haven't saved up money should let the Dip go else they get themselves into problem.