Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
jrrsparkles
on 11/11/2023, 16:10:32 UTC
you must first eliminate the idea of buying when the market goes down.

This isn't contradicting the idea of this thread and the basic principle of being successful as an investor.

Or did I get your point in the wrong way?

Bitcoin may go down in the coming days which I agree with but as per my analysis we are still 1/4th range of its next ATH and we can expect the next ATH in a year so this is the best time if people want to buy Bitcoin waiting for the further correction maybe tricky in my opinion.
Not only can the price of Bitcoin go down in the future, but the price of Bitcoin can go up a lot in the future. But no one has control over the market so you can't say with certainty that the price of Bitcoin will decrease in the future.  

You think now is the best time to invest in Bitcoin but every time is the best to invest in Bitcoin. You might think now is the best time to invest because the market is positive and the market is bullish,

I am not saying this is the best price to invest but just reminding that we are at the halfway stage of the current ATH which is a sign that the price may start to surge at any moment so if that happens the price will start to bump in no time which means you can buy at the perfect low from now but at least if you buy at the current price there is likely to get atleast 300% returns at the peak of the bull run