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    Author Topic: Buy the DIP, and HODL!  (Read 192304 times)
    salad daging
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    January 01, 2023, 11:22:40 PM
    Merited by JayJuanGee (1)
     #1701

    Yes, that's right, DCA is the most appropriate strategy for my current investment strategy. for me the DCA method is indeed the coolest for long term investment, and the capital is only patient. while waiting for the right moment to take advantage.
    Most of us probably said it already, but the level of difficulty will vary. DCA is just one strategy that you can apply both in the short and long term, but if you believe now is the right time to buy everything then what's wrong with doing it.

    After all, it's not mandatory to do DCA all the time if in fact you have seen the bearish cycle is over where the bullish cycle has started. I don't care how much DCA I have done, but if the market has been looking bullish then I think I just need to spend all my capital in one buy ''lump sum". But for now, you can still consider DCA considering that the market is still in a bearish state, at least it's safe to spend 50% of your capital on every dip.
    Well it's not supposed to do DCA all the time but there is a time to buy with a little bigger capital after I thought this was still an opportunity while it was still bearish, but at the end of 2023 I got a bonus in a company and closed the book in my business of course that's all It has been calculated and I did a lump-sum on January 1st around $ 1,500 but for DCA it can still be considered moving forward I don't this is more chaotic because the capital is spent on a lump-sum of around 50% but it's all good enough after I saw the record in 2022.

    I think in 2023 we will not miss continuous buying because this is still in a fairly long bearish phase, even though there has been much speculation that recovery will still be quite difficult in my view and indeed the target this year is not to release bitcoin.



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