Quote from: Sled on Today at 01:20:16 PM

Quote from: bitcrystal on May 03, 2022, 11:08:51 PM

there is nothing to be afraid of as long as you are a bitcoin enthusiast, investor, long term hodler. bearish times are the best for you to buy, you buy at different zones with DCA technique. you can never get the exact bottom so buying early and at ever lower low no matter how small, you are in for good profits anytime the market structures changes to the upside.

The old-timers will think that way but for newbies? Worries could be in their heart and minds. They (newbies) still have doubts about buying the dip and this not be the best option for them. But neither we blame them nor urge them to buy simply because they don't survive due to their emotions. Newbies aren't familiar with this DCA technique, so I don't expect them to use this or even have the interest.

Anyway, buying the dip is very common, yet it was risky. And for those who are impatient people, I'm surprised if they will take this opportunity.
As for the market moves in the sideways, the more we are careful to make decisions especially if we are in trading.

I agree that buying the dip is not something for which newbies are prepared, after all even if it is a great strategy the amount of time that you could need to hold those coins can be very long as it could take a lot of time for the bull market to materialize.

And if to this we add the inexperience and the desire to make money quickly that most newbies have then this is not a good strategy for them to implement, and in that case it is better for newbies to simply take it slow and do nothing during an important decrease in the price and instead wait until a recovery is already underway.