Post
Topic
Board Speculation
Re: Time to Hodl or buy the Dip?
by
Minor Miner
on 09/06/2023, 03:21:04 UTC
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 market is still affected by the negative news, but there is no guarantee that we will continue to drop below 25k, it's all just your prediction and some people seeing the negative news. In my opinion, don't wait, and if you are investing for the long term, buying now and using DCA is the most effective. Have you thought about the case that bitcoin will rise again from now on, and if you wait, you will miss a good buying opportunity? Bitcoin is unpredictable.