Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Dr.Bitcoin_Strange
on 18/08/2023, 10:49:09 UTC
Bitcoin crash, don't panic, we are still expecting a buy dip, I will try to enter at the current lowest price.

It's not a problem when the price returns to bearish, it's an opportunity to accumulate more bitcoins at a discount with this we still have time and continue to buy at the lowest price. Take advantage of the situation that exists only for Bitcoin to be a good choice.

You are meant to have set your buy orders while you wait for the dip to go down. One can wait to buy at a lower price, and the market can just begin to recover again. Some weeks ago, I was just giving an example of someone who expected to buy Bitcoin at $25k, but after their desired price was reached, they still decided to readjust the order so they could buy at $23k. It could happen that the price does not drop to the new expected level.

Although I usually set my buy order before hand, recently I have had no buy order. Just yesterday I saw how the Bitcoin price was behaving, and I decided to set an order to buy at $25,500. Surprisingly, to me, it got executed. Even if the price goes a bit low, at least I took advantage of what I consider a price dip yesterday.