Post
Topic
Board Speculation
Re: "Buy the dip" is only a strategy for losers
by
Wind_FURY
on 06/12/2018, 10:59:22 UTC

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost


I am quoting your post, and bookmarking it. See you in 2 to 3 years when Bitcoin is comfortably over the ATH of 2017 by a wide margin, ok? Cool

"Buy the dip" is something that will make the "fools" rich.


every year some newbie starts a topic like this and surely in a couple of months they all start crying about how they have lost the chance to buy bitcoin when it was cheap and regret listening to the FUD of some other bigger idiots like themselves.


Not every year, but in every stage when the market has arrived in the phase of capitulation.

Buy the dip!