buy the dip and hold is perfect at times like this, the price of Bitcoin is down -60% from ATH,
and altcoins have fallen more than -85% from ATH, of course this is a good opportunity for long-term hold,
because when the bullish season has started, then the profit you have will be very large, so just hold the altcoin you like
I also thought it was a really good idea, so I still make some purchases on coins that I like including buying Bitcoins. but some people are still afraid to buy and hold the coins they like and also don't want to be patient waiting for the next bullish season to come Because I personally am still very sure that the next bullish season will definitely come again although it is impossible to predict when that time will come.
I am also the one who bought some coins including bitcoin, and after buying it forget it. We'll wait when it goes up again, I believe in this way we will be able to get big profits because the price of the coin is now down or low, very suitable for long-term investments.
right now it is very suitable to buy and invest long-term, but what if you have bought at a high price when the Bitcoin price is still at $50k?,
I hope that for all it is better to avoid long-term holding, because cryptocurrencies are very risky.
Just keep buying.. and if you are scared, then buy $10 per month rather than $1000 per week... We are talking about a matter that involves deciding how much to buy (in the even that you are scared) rather than whether to buy.
That is especially true if you bought at $50k, then you should be excited as fuck to buy at $23k or $24k if you had already been buying at $50k .. just figure out the proportions that make you comfortable rather than getting scared into inaction.
buy the dip and hold is perfect at times like this, the price of Bitcoin is down -60% from ATH,
and altcoins have fallen more than -85% from ATH, of course this is a good opportunity for long-term hold,
because when the bullish season has started, then the profit you have will be very large, so just hold the altcoin you like
I also thought it was a really good idea, so I still make some purchases on coins that I like including buying Bitcoins. but some people are still afraid to buy and hold the coins they like and also don't want to be patient waiting for the next bullish season to come Because I personally am still very sure that the next bullish season will definitely come again although it is impossible to predict when that time will come.
I am also the one who bought some coins including bitcoin, and after buying it forget it. We'll wait when it goes up again, I believe in this way we will be able to get big profits because the price of the coin is now down or low, very suitable for long-term investments.
I don't know how many times it is needed to be repeated that we are not talking about shitcoins here. The same principles of buying the dip does not necessarily apply to any of the shitcoins.. .. that's a separate analysis and none of us should be assuming that it is good to buy any shitcoin.. just because we are talking about the ideas of buying bitcoin on either the dips and/or on regular basis during these kinds of uncertain BTC price times..