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Board Beginners & Help
Merits 2 from 1 user
Re: Are you still buying?
by
imamusma
on 09/06/2023, 20:47:07 UTC
⭐ Merited by The Sceptical Chymist (2)
I don't know so much about bitcoin  but I know that a core bitcoin believer see s this period as one of the best because it helps them to buy more in the dip and they always want to buy more bitcoin  at every stance they get to buy it.
Buying bitcoin and accumulating them on dips is the best advice, but you may need to adjust your strategy so that your plans for building a portfolio are less likely to be losing out than winning. I mean, you can still consider implementing DCA when you want to accumulate bitcoins, so as well as your portfolio growing you will get a much better low average purchase price.

They don't need to spend $1m a day on bitcoins on an accumulation plan, but you can combine those strategies to get low prices on every dip. This is a good time to do this, so you need to be experienced enough and also have good financial standing to carry out this plan.


Whoever is scared to buy bitcoin  now thats its still in the dip, isn't a core holder but maybe a seasonal holder who wants to .ame profit at every spike movement of the market.
Experience will set them apart, and therefore budget will also influence your plans.