Post
Topic
Board Bitcoin Discussion
Re: "I'll wait for the dip!" - The Crypto Noob Cycle
by
Note3
on 04/07/2022, 11:21:42 UTC
*Bitcoin drops 10%*  -  "I'll wait for it to drop further"

*Bitcoin drops another 10%*  -  "it's going to drop more"

*Bitcoin drops another 10%*  -  "I'll finally buy at another 10% drop"

*Bitcoin drops another 10%*  -  "looks like it's going to drop further"

*Bitcoin drops another 20%*  -  "I'm not buying. bitcoin is dead"

*Bitcoin reaches the price floor, then rises slowly for months an months*  -  "I'll wait for the dip"



- repeat after every halving cycle -
And after that you will realize that you have lost an opportunity because BTC goes up and continues to rise, what you have to understand is that the price will not always go down and it won't always go up, don't think too wisely if you think you can guess the bottom correctly.