Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy every dip!
by
Wind_FURY
on 28/02/2023, 05:22:52 UTC
⭐ Merited by JayJuanGee (1)
I’m constantly buying when I’m able to. In a few years, the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.
A lot of people were saying the same thing when the price was in the $10-20k range, and look where the price is now. There's no telling how long this bear market (we're still in one) is going to last; just as a reminder, the previous one lasted for two and a half years.
The fact that we don't have the knowledge of when the present bear market cycle will last and also when the next all time high will be even though there is speculation of the next all-time high after the next bitcoin haven when that will be uncertain but since the block size and reward will reduce it a pointer that Bitcoin will become more scarce thereby forcing it to supply to be limited this will ultimately increase the value.

-talking about buying the dip, the present bitcoin price is still considered a dip price for many who are big bag holders and that are ready to invest in Bitcoin for the long term.
I present another debate. We may not know when the current bear market might last, BUT we know when the Golden Opportunities are to Buy the DIP, and HODL. We plebs have small/limited capital. It will definitely better for us if the time for Golden Opportunities are longer, giving us more time to accumulate Bitcoin.

I am not very comfortable with people cheering for down.. but surely, I cannot argue with the idea of taking advantage of down  - to the extent that any of us is really capable of recognizing and appreciating that we are currently down... which I believe that we are currently down.. but there are a lot of folks out there expecting and hoping for more down.. which may well end up being their mistake if they are not ongoingly and regularly buying at these prices, even if they have tight budgets, like you are suggesting to be the case for a lot of people (I cannot really argue with that either)... There are some folks who can easily afford to buy $250 per week, but they may or may not be doing it, and there are others who might struggle to invest $100 per week, and there are even others who might really have difficulties to scramble up $10 per week to invest into bitcoin, so of course, any kind of ongoing and persistent BTC accumulation strategy has to account for how much cashflow can be made available to invest regularly, aggressively and without over doing it.. including attempting to appreciate if we are still in a dip, which surely many of us longer time bitcoiners do consider any prices near or below the 200-week moving average (which is currently slightly above $25k) to be low in terms of current levels and also in terms of historical BTC price levels.


Hahaha. I'm definitely not cheering for down, I'm merely presenting a debate that the best Golden Opportunities to Buy the DIP and HODL are during bear markets. Because we can't control what happens next to the market, what we can do is look for the Silver Lining in each and every situation. The longer the bear market, the more time to find Golden Opportunities.

 Cool