Quote from: cryptomaniac_xxx on March 04, 2021, 09:13:54 AM

Quote from: ethereumhunter on March 04, 2021, 07:30:01 AM

Quote from: mapsfly on March 02, 2021, 02:43:46 PM

Every dip is a 'buy the dip' signal

I agree with this. But unfortunately, we can not always get the right time to buy at the dip as we can miss the time. But as long as we can buy at the dip, we do not have to worry unless the price is still going down. But if we have more money, we can buy back again at the other lower price to reduce the average price of buying bitcoin. However, if we feel that it is hard to find the dip, we need to learn more to find that time, so we will be able to buy bitcoin at a low price.

Buying the dip means that for every drop in the price, you should get yourself inside the market. If the price goes up, then good for you, if the price continue to go down more, then you can continue your buying spree. You don't need to time the market because it is very difficult, but be a wise trader. DCA an other strategy that has been proven overtime is the key to continue to stack sats in our wallet.

But we do not have to enter the market if our analysis telling that it is not the right time because not every dip will be the best time to buy as that can be a flash dip that can happen in the market at any time. You can still analyze before deciding to enter the market, so you do not have to buy every dip, but you will have a chance to buy at a low price. Yes, stacking the satoshi will be the key if we want to have more and more bitcoin to sell it when the price rises higher.