Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Solokan
on 03/10/2025, 01:54:20 UTC
That is true, I think one of the most efficient way of buying bitcoin should be on a weekly basis, which is why I try every possible means to figure out my cashflow and try to adjust to my weekly expenses and to ensure that I’m able to buy and and maintain my consistency of buying on a weekly basis, and also I think focusing on regular buying of bitcoin is just more efficient instead of waiting for an unprecedented dip that would make us mix out on opportunities.
You are wrong, you are referring to DCA strategy. But DCA strategy does not work like that. DCA strategy is best for investing, but whether you do weekly DCA or monthly DCA depends on your personal situation or the timing of your salary. If you get paid monthly and you are comfortable with monthly DCA then monthly DCA is best for you. If you get paid on a weekly basis and you are comfortable with weekly DCA then weekly DCA is best for you. Basically it depends on your preference. There is no need to separate weekly DCA for you, focus on your preference in DCA.

You are correct, and this is very important for beginners to know because some of them think that they have to gather enough money before they can start buying bitcoin. As an investor that wants to accumulate bitcoin by using the DCA method, you are the one to know how to make it work through your plan and how you are going to accumulate more without any problems or anything that will affect your plan, you can decide to buy weekly or monthly, It all depends on your personal or financial position, the DCA method is the best plan for investors who want to invest in bitcoin to ensure that they can accumulate more bitcoin and hold it for a long time, rather than waiting for the price to decrease before buying bitcoin.

Yes, buying BTC once a week or once a month is certainly not a problem as long as you use discretionary income, because as long as we use discretionary income to buy BTC, we will certainly have peace of mind when investing in BTC, unlike people who buy BTC with borrowed money.

Indeed, the DCA method is the best method because it is easy to understand, and beginners will also quickly grasp this DCA method. Yes, that is one of the advantages of the DCA method because we can buy without looking at whether the BTC price is falling or not. However, in my opinion, we cannot look down on people who buy BTC without using the DCA system because the most important thing is to save BTC for the long term and buy it using discretionary income.