Quote from: bitzizzix on Today at 02:23:03 PM

Quote from: Stable090 on Today at 12:18:58 PM

Quote from: uche6215 on August 20, 2025, 11:20:02 PM

This is another dip to buy again because the price is rising again. and the price right now is $114+k and it is in the green and the indication shows that it will hit $122+k again, those who were waiting can invest now and don't waste their time again but invest now that is still low.

I don’t know why some people are always targeting the dip when they want to invest in bitcoin. When am investing in bitcoin, I don’t even check bitcoin price at that moment, I already have a strategy which am using to invest in bitcoin which is DCA strategy, I have a specific period of time which am always investing, so even if bitcoin price is high or low, as long as it’s time for me to buy, then I don’t disturb myself targeting when the market is low.

Am not saying buying the dip is a bad idea, maybe when the market is down, and you having extra money to invest, then you can just do that, but you don’t have to be targeting the dip whenever you want to invest. Even when the market is down, some people won’t still invest in bitcoin, that’s just Dey reason why I don’t even disturb myself on people that say they are waiting for the dip before they invest.

Because those just starting out in investing generally only know that buying when prices drop is a good way to invest, this is similar to the Lump Sum strategy, which requires waiting for the price to drop before making a purchase, a common practice when first starting out. While there's nothing wrong with this strategy, it can potentially lead to panic when what they thought was a good price drop to buy actually happens when the price continues to fall. This panic stems from a lack of knowledge and understanding of the strategy being implemented, as well as a lack of knowledge about the potential and track record of the investment being implemented. It's crucial that when negative events occur, they know that they are temporary and will eventually recover. However, the fact remains that panic is always present because buying all at once when the price drops and when the price continues to fall will lead to regret and panic.
And DCA is indeed the best way to invest in Bitcoin or other volatile investments, because once we know and understand Bitcoin's track record and nature, choosing a DCA strategy is the right choice, and we can gain more knowledge over time. And what we do with the DCA strategy is to continuously make purchases regularly, weekly or monthly, in a fixed amount without paying attention to prices or market conditions and not hindering or changing the amount of purchases made consistently for long-term goals and in the long term will grow to be large and DCA is the safest, most comfortable and also worry-free strategy as long as it is for long-term goals.

This is not true, such similarities doesn't exist between buying the dip and buying with the Lump, they both have meaningful and common differences which should not be coalesce, it actually took me lot of time to comprehend this and know this strategies for their distinctive differencesand funtionalities, the Lump sum buying is narrowed to do with the investors decision to buy Bitcoin in terms of the huge available resources that he decided to use and buy Bitcoin right away without waiting or considering whether the market is in dip or not, the lump sum strategy is a strategy on it's own that is different from buying the dip although investors that have the necessary resources can combine the both strategies.