Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
salad daging
on 18/08/2023, 17:36:39 UTC
⭐ Merited by JayJuanGee (1)
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.
Not setting orders when overnight bitcoin fell I bought at $26K it was already a low point and a good "buy the dip" IMO.
I waited for the dip price for a long time but this time due to the market going down, I made an entry at that price, it doesn't matter if you get a buy order at $25.5K but at the price you bought it is enough for me, even though it's not about short-term profits but I want to accumulate to reach 1 BTC a little more, the current hope is maybe 30% for the portfolio to touch 1 BTC.