Buy the DIP, and HODL!

[Smartvirus]

The DCA method is really good no doubt but we can't really say is the best and most profitable way to Bitcoin investment rather it can be seen as the best for those who uses that method of accumulating Bitcoin do you think those great investors actually use the DCA method now? And even if they use it I am pretty sure that it will only be few of them if at all they use it any method one chooses is best for the person not for everybody perhaps you can say is the cheapest or easiest way to go about Bitcoin investment.

I would like to know th category of investors that you refer to as great investors.

I’ll agree with you however not on the term that the DCA method to building a Bitcoin portfolio isn’t the best but, the idea that the best form of investing is subjective to individual investors. I’ll give you 2 instances but before that, let me remind you that, Bitcoin is very volatile and extremely difficult to predict on its price movement.
With that on your mind, let’s get to the instances

Whale investors don’t need no prediction on what price they might buy in at, although, a couple of them do look at the charts but, it’s not always necessarily the dip. They understand the concept of hodling and they eventually does hold, not minding what’s going on in the market because, they know it would rise.

Small and inexperienced investors often don’t know how to go about predicting the market and even when they get the hang of it, they tend to wait too long to invest because, you don’t get to nail the dip accurately and that could lead to loss opportunities.

DCA ensures you’re not making no mistakes or procrastination, you don’t get to predict the price and no opportunity is lost. All you need is patience and some other stream of income to support your hodling and add to your portfolio using DCA.

[Agbamoni]

But we can follow the market and make various predictions to understand the minimum price of Bitcoin can fall to USD so accordingly we can create many Dip positions and when the price of Bitcoin reaches that price we can buy Bitcoin according to our financial condition and ability to invest. And if we can hold them for long term then it will be very easy to make good amount of profit.

No matter what strategy you use if you can't hold bitcoin long term. In that case Bitcoin will not give you a very good return. so your main focus in investing in Bitcoins should be to hold Bitcoins for the long term

I know the method you mentioned is a very profitable method. No one will discourage you from buying dip. To buy a dip you have to wait until the specified time and the specified dip position is reached. Because of this many times you may fail to buy dips and may discourage you from investing.

I can tell you a method as simple as dip buying method. That way you can buy more dips and you can get more profit if you hold it for a long period. Instead of waiting to buy the dip, you can buy small amounts of regular bitcoin as long as the price remains below the new ATH. As long as it doesn't make new ATH you keep your investment and commit to long term. For example, the current ATH of Bitcoin is around $73k, that is, until the price of Bitcoin does not cross $73k, you should consider the price of Bitcoin as a dip and keep buying. When the price crosses $73k and creates a new ATH, you should stop your investment and try to go long. As a result if you start this method now your average dip buying price will be between $65k-$67k. Bitcoin is predicted to be worth $120k or more by the end of this year or next year. If you think you won't buy this savings before the sale, you can (potentially) sell for $150k even if you want to sell after 4 years. Where your average purchase price was $67k and your selling price would be $150k+, your profit would be more than the purchase price. Thus if you target another ATH and trade using the same method then after 4-12 years you can get 3x-4x profit.


I generally prefer the DCA approach, thinking about such an approach in relevant words and discussing it with you. Please correct any mistakes in this procedure.

Without any argument, buying below the current ATH can be considered as a dip and it is profitable as long as Bitcoin would break a new ATH someday. It is very realistic to assume that 120k$ can be the next ATH, just know that even a 1$ increase above the current ATH can still be referred to as a new ATH. When buying on dips there are things that are most importantly needed for an investor to keep in heart. Which is long-term. People may consider the long term to be a year, or two years but if you want a complete Bitcoin cycle for assurance on profits then a 4-year period is satisfying as long as we continue to accumulate within this timeframe and did not tamper out investment.

[Popkon6]

All original investors will want to keep their bitcoins for a long time.  That is why every investor should implement their plans, because investing must be planned. Although currently there is a massive dip in the Bitcoin market, as Bitcoin reached $70k, from where it has touched $64k. 

This is the gap that is created and the most success is possible if you buy the dip according to this gap. So every investor needs to have a separate fund in his investment list to buy bitcoin dips, and continue to invest in regular DCA method with other funds.

[avp2306]

Yes, price fluctuation is the nature of Bitcoin, Bitcoin has been a highly volatile coin since its inception. A look at Bitcoin's history shows how volatile it is, but no matter how much it fluctuates, from time to time Bitcoin shows a pump and breaks all-time highs. So fear not, no matter how much it dumps, in time it will definitely cross 120K with one pump. And at that time, those who panicked and sold holds during the dump will regret it. So believe in Bitcoin, and no matter how much the price goes down, you just keep buying and holding. Holding Bitcoin is risk free, and selling on fear is high risk. So hold without fear, there is no risk in holding, rather it will give you more profit.

We all know Bitcoin is a volatile currency. Price dumping and pumping are familiar forms of Bitcoin. Selling savings as they are dumping prices can be considered a bad decision. Investors need to be advised to be bold before giving any advice. The lack of courage to fear dumping can lead to regrets and potential losses. So if you dump the price of Bitcoin, it will definitely pump again, try to hold it instead of selling it out of fear.

You can only get feared for it if either you don't have experience to deal with those scenarios also you don't really believe that bitcoin will recover after there's a dump happened occur to this coin. If they can get valuable advice then its good to consider since it helpful somehow to create good decisions towards their planned accumulation. What's really important is to take action and start when they are ready to engage with bitcoin long term investment.

But consistent people to learn many things to help their investment would surely not afraid on the dumps, but rather they might look at it as opportunity. So if we see people got feared on pump and dumps well maybe its best to advice them on how they approach in those situation since for sure they could able to think about those words they receive and provably learn from it especially if they already started up their investment.

[Odusko]

All original investors will want to keep their bitcoins for a long time.  That is why every investor should implement their plans, because investing must be planned. Although currently there is a massive dip in the Bitcoin market, as Bitcoin reached $70k, from where it has touched $64k. 

This is the gap that is created and the most success is possible if you buy the dip according to this gap. So every investor needs to have a separate fund in his investment list to buy bitcoin dips, and continue to invest in regular DCA method with other funds.

There is no alternative to buying the dip if you want to make any headway in you bitcoin DCA practice, because it is only buying the dip that you stand a chance to gain from the market on time, and Also limit you chances of losing a substantial amount when you buy and hodle, although yeah bitcoin investment should be done with the long term approach also, so while setting aside your extra cash to buy up bitcoin at every upportuned chances, you should be ready to hold the bought bitcoin for a long period of time in other to have the chance to make a remarkable gains from you investment, so you need to practice patience and also be ready to risk the time no matter how long it takes, that is why we always advice that bitcoin investors should set at least a 5 years investment plans so that at least with in that time, bitcoin price should have move above a significant amount that is way ahead and above your bought price.

Investing in bitcoin need alot of decipline and knowledge, because is only with those two tools that you can be able to stand out among others and be able to take the right position at all time be it buying the dip and hodling for a while and selling to make the desired profits.