Quote from: lionheart78 on Today at 02:20:47 PM

When there is a dip in the price of BTC, it is always a good thing to hodl and a better idea to buy the dip. One of the major reasons is that the Bitcoin market is cyclical and if Bitcoin is currently at its downtrend, it is a good moment to buy to maximize profit when the market shifts to an uptrend.

Now looking at the current phase of the Bitcoin market, we all know that halving is less than a year from happening, and halving is one of the catalysts for the Bitcoin uptrend or Bitcoin bull run. If we buy today, we might get a huge profit when Bitcoin uptrends and rallies to its now ATH. All we need to have is patience to wait for the time to come after buying at the current market dip.

True, this is a great way if we already have bitcoin, so now it is more appropriate to hold on than to sell it because of panic, but your good idea is to buy at a time of decline, this is always recommended for bitcoin investors, so when it is corrected again it is right to buy when the trend is down because this opportunity will be quite good if you buy on a scale with DCA or a lump sum.

Many are waiting for this event with the halving that will occur in less than a year now, maybe thinking that it is getting closer to the halving the market will not show any reaction in the middle of 2023 but we don't know what surprises will come with the bullish trend so we have to wait but at least we must be prepared with bitcoin which is invested from its lowest price.