Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Aanuoluwatofunmi
on 20/10/2023, 17:39:05 UTC

But however those people that sees every slightest price peak of Bitcoin and decided to sell some of there holdings are perhaps not a holdlers but could be reffer as panic sellers who is uncertain about the Bitcoin future and decided to take some profits.

Panic sellers, in my view, are individuals who sell because they're afraid of potential price drops.
Those who panic to sell when you looked at it you will know that they basically belong  to short term investors and short-term investors they are only after to gain and they don't want to take chances of losing, sometimes they regret their actions base on they sell their coins without target. And I believe they sell under durance because they are not sure of the market also have short sight of the market.

That is why they do sell on pressure, if you don't know of bitcoin investment you will be scared of the market and you be panic to sell out your bitcoin so that bearish market will not take advantages of you, sometimes when you want to invest in bitcoin we should not be scared of getting loss of the investment, because we can't predict the features of bitcoin, but concentrate on how to learn and understand the features behind the market so that we will not buy dip and sell when the price go more deeper.
As the market is showing signs of bullishness, the quick sellers are already in panic mode and preparing to sell. They will most likely miss the big moves that is likely coming if everything goes as in previous years where halving is close.

Unlike the short term sellers, those who buy and hold for long will be more aggressive now knowing that there is a possibility that the market will be shifting upwards and never to come back any time soon.

Those of us using the DCA method are not disturbed my the recent market rise, no panic whatsoever, just buying and following the plans.

We are not in the bull market yet, we are just warning up with this recent pump on the market, should anyone release yet then they must have been a short time holders or most likely trader, being were we are currently does not mean there may not be further bears ahead, it may only be minimal, this is a call for more investments than ever because we are still not yet where we are going to.

The market sentiment is going in favour of long term holders when we have fully launched into the bullrun next year after halving, we have to wait and hold until then, $68,000 should be our first target before the next expectation on bullrun for a nee all time high in favour of every long time bitcoin holders, this also means that we are still in the dip, buy and hold for the time to release get unfolds.