Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
BITCOIN4X
on 27/02/2023, 16:06:33 UTC
⭐ Merited by JayJuanGee (1)
~Snip
Although a little late but it never hurts to enter at $23K, why did I say too late? because we know that before the current price increase, bitcoin had been hit by negative issues and the effects of an increase in interest rates by the FED, and causing the price of bitcoin to go down and even fall below $19K, but I actually see many of the members here are hesitant to enter the market at that time and many of us even believe that the price will go down more, but in fact now the price of bitcoin is actually returning to the bull path even though it's still not strong, but it's better to enter the market to buy bitcoin now and keep it for a period of time certain as you say before returning to regret when the price goes higher.
It's never too late, but maybe they weren't buying on the low end. But what's the problem, I don't think there is because you and others can buy bitcoins anytime and at any price you want. As much as possible, that's just the best advice I have to share, but you have to be hold it and accept the risk for your investment to pay off in the long term.

$23K is not too late, the reason is we are still very far from bitcoin's previous ATH where currently bitcoin still maintains its decline at -66%.