Re: Buy the DIP, and HODL!

The purpose of investing in Bitcoin should be changed, we should consider the current decline in Bitcoin as an opportunity. The price of Bitcoin is relatively low in the current market. Those who are doing DCA will benefit the most from this market. And those who are waiting for the dip are expecting temporary gains, with little chance of increasing their holdings in the long term. Those who decide to buy Bitcoin after the price of Bitcoin drops below 100k are investing based on luck, while those who are doing DCA are consistently moving towards the implementation of the goal. Who wants to see themselves at what level will depend entirely on themselves.

This is a good time for DCA investors in particular to buy at low prices. I think it is a good idea to be aggressive during this time if you can afford it. But it should be within your means, nothing in excess is good. So try to use this time wisely and plan for the long term. I am not saying anything for short term investors here, if they are expecting big profits then they should definitely accustom themselves to long term planning.

Well in as much as DCA is one of Best strategy to buy Bitcoin does not mean it should be replaced for an opportunity to buy the dip. Currently this is the best time to buy the dip. any investor that has enough discretion fund should just buy the Dip while on the process should adopt the method of DCA since no strategy should be left behind as all works together for the growth of our portfolio.. this opportunity will help an investor to stackup more Bitcoin stash to his wallet and it will help you build a sizable wallet in the long run.

One of the reasons why the DCA strategy is the best strategy for Bitcoin is that it is suitable for buying regardless of the price and there is an opportunity to accumulate a large stack in the long term, regardless of your income level. That is why it is important to have a discretionary income and mental preparation. Buying dips is a favourite time for any investor but you have to spend a lot of time in the market to select the actual dip price but there is a high probability of not getting the right buying price and the amount of funds kept for Bitcoin investment is more likely to be spent in a differently/to waste. That is why keeping a continuity of buying Bitcoin in the DCA strategy and holding it for the long term can be an impressive strategy for you.

It is also a suitable for those low income investors whose income is low and they dream of owning a fraction of Bitcoin. He can fulfill his desires with any amount of discretionary fund per week/month. He should renounce the habit of overspending on himself to maintain his goals in the long term and to secure his future financial solidity.