Re: Buy the DIP, and HODL!

it's not very difficult for Bitcoin to go from $25k to $30k.

Maybe it's not that difficult but we have seen what happened to bitcoin where even increasing the price to $29k seems difficult because there is a lot of pressure to stay at the bottom price. But if the time is right, the bitcoin price will definitely start to increase and reaching $30k or even $40k or $50k will not be difficult and may only take a moment.

Perhaps we shouldn't focus on the Bitcoin price movement right now, what should be considered is how well you're utilizing the opportunity by accumulating more, truly we no that Bitcoin is ranging within some levels, we shouldn't dwell on or trying to determine what the price of Bitcoin in the coming months will be because it can affect your psychology in times of accumulating were as you over invest believing your psychology that Bitcoin price will get to a certain price before some months as such making you invest more in other to accumulate huge before the months you believe that Bitcoin will get to a certain price reach, perhaps you could be affected financially if it doesn't get to the particular price, is obvious that Bitcoin price will spike soon as a result of the halving coming next year and could possibly surpassed the all-time high but nobody knows when is going to be, so we shouldn't allow emotions to cloud our accumulating psychology to invest aggressively there should always be back up plan.

Probably not, but I believe most of us plebs are always checking the price at every hour of every day. I wake up in the middle of the night and check the price. Hahaha.

Cool

But I have a question for all of you who regularly visit this topic. With the high probability of a recession coming in many regions of the world, do you actually believe that Bitcoin will not be affected by the crash of the legacy markets?

Plus if you do believe that a legacy crash will also cause a Bitcoin crash, wouldn't it be a good idea to wait for the DIP?

It doesn't need an answer. It's something for each of us to evaluate in our own "shower thoughts".

The uncertainty of the Bitcoin market seems to get me and most persons worried, I would say that statistically the percentage of person who dont trust the legacy market and those who do is at 80 - 20. No one is certain but we might experience a global crash in the legacy market in the coming years its crazy that the level of it might be high and I dont see it to go anytime soon.

I have more faith when I ventured into bitcoin than I do now but I am still in less doubt because with all these ups and down presently Bitcoin has still maintained its reputation, with this alone I am convinced and am not scared of what market crash, economic inflation, Political influence will affect Bitcoin. One thing I would regret if I do is to save money the traditional way because ill rather invest my money than let the bank do it for me.