Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
BigBos
on 01/07/2023, 22:15:50 UTC
Possibility or not for Bitcoin return back below $30,000 due halving time almost close, I don't have ideas what have to do right now between reinvesting or sell and buy back later when bitcoin has chance back to lower price.
According to me one should only follow DCA to get rid of this issue. Because it is impossible to know whether the price of Bitcoin will increase or decrease  within next few days. But if one deserve of this period as a dip and prepares to buy bitcoin as much as possible it would be better decision. Moreover if the market comes below $30,000 there is nothing to worry. Because we can see a big movement in Bitcoin soon. Generally investment is risky but I will continue to buy bitcoin even if the price of bitcoin goes down a bit according to the current market conditions.
Regardless of anything like this it depends on each individual perspective I think.
DCA is possible but when they want to wait a little longer and buy when it is correcting and below then indeed it can also be done.
Everyone has their own strategy in this regard, but buying bitcoin is a certainty if you really want to invest here because even if you buy at $ 30k, it's not wrong if you really want to invest, although sometimes wanting the price below is something that can't be avoided. .