Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 30/08/2023, 00:09:33 UTC
Are you buying dips?  Are you DCA'ing?  Are you lump sum buying?  are you just waiting? or some combination of those?
Pray tell.
DCAing is my best options, Always better buying in these times than in ATH territory tho. I bought the dip last night and going to buy some more tonight. I know it ain't that much but I can't miss these bargain basement prices. At times every time I buy it dips a lot more. What I am just learning is to just buy much smaller amounts that way I am not losing as much as I was before, am not really bothered tho because am holding for long

For sure it is not easy to strike a comfortable balance in between holding some cash for just in case the BTC price drops more and making sure that you buy a sufficient amount in order to be content with the price going up rather than down.  If the price goes up and then you start to panic and to buy some more, you likely did something wrong, but those kinds of things can end up happening to anyone, even those who might be buying regularly and buying on dips, and then if the price bounces 10% or even 40%, then they end up feeling a kind of dread/panic about not having had bought as much as they should have bought when the BTC prices were lower.