Quote from: goaldigger on June 08, 2023, 09:38:58 PM

Quote from: Youngkhngdiddy on June 06, 2023, 10:26:51 AM

With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

Wait for another signal as many indicators says that the price can still go down.
If you have your BTC right now then just hold it, and if you are planning to buy more wait for the price below $25k because it’s more possible to happen now. The market volume is very low, and the negative sentiment of the market are very strong, that could lead us into a more cheaper Bitcoin, so wait for this moment before buying more.

The bitcoin price is currently downtrend, I think there is still a possibility that the bitcoin price will reach 25K or more, so you have to be more patient to buy at the right price to get a good profit when the bitcoin price moves up again.
or you can do the DCA strategy in the current situation which I think is the right time and you can also increase your purchases when the bitcoin price continues to fall, and do it all for the long term because buying dips or DCA is very good, and also the best strategy for long term investment in bitcoin. But all of that does require patience and also strong belief to get very satisfying profits, regardless of market situations that are difficult to predict because your goal is only for the long term.