Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
jaberwock
on 15/03/2023, 20:40:24 UTC
We have seen that a few years ago, lots of crypto companies or others have influenced the price of bitcoin so that it plunged more than what we imagined at every moment and even reached the lowest price. regret when we listen to FUD that bitcoin will die when it crashes like last year when ftx crashed many people ran from the market because of that incident. the thing that makes me proud even though the amount of bitcoins I bought was not that much but buying in the $15k area is always medicine when there is a decline at a higher price.
I don't feel hopeless even though lately bitcoin has fallen quite extreme, even though last month's DCA I was at $24k but it doesn't make me panic because I still have the bitcoin that I bought at $15k and I plan to keep the bitcoin, and to become history the luckiest in my life.
well you can be said to be lucky if you can buy bitcoin when it falls to 15k $ but here the possibility of bitcoin falling even deeper is still happening, but if you intend to keep it for the long term as you said, you don't need to worry anymore, stay calm.
BTC did fall on that level last time but I won't say those people who availed it are lucky. They are just patient by some extra percent to be able to wait for that price and maybe they have the courage because others don't believe that the price will continue to $15k as the dumped that happen is already massive.

As of now, I don't see that deep fall you are talking about but what I can see right now is a recovery though I am still aware that we are at $23k last time and then we fell down to $20k but it wasn't deep enough IMO. Hodling for the long term is still the best policy here in crypto and solves all the issues that we are facing such as the dips and the crashes.