Post
Topic
Board Speculation
Re: Buy every dip!
by
aoluain
on 15/11/2023, 19:43:14 UTC
So here we are today presented with the theme of the thread which I was holding out
for, a perfect "buy the dip" time. The market is $35500 down from ~$37200. This is
what I have been waiting for.

And if it dips further I'll buy again at a further discount. Some people will say there isnt
a whole pile of difference between the two in $1000 but if accumulation is the goal and DCA
practiced all the little savings add up to something worthwhile.

In the whole scheme of things, there is not much of a difference between $35,500 and $37,200-ish.  It is not even quite 5%, and surely it might not be worth the risk to be fucking around with those kinds of waiting, especially if you are still low on BTC.

And surely ONLY a month ago we had bitcoin in the upper $26ks and the lower $27ks, so if you had been regularly stacking, then there should not have had been much cash build up in one month unless you might have had been unduly sitting on cash because you were overly waiting on dips lower than $25k or whatever reason that you might not have had been buying a month ago.

Another thing is that you have been a forum member for more than 6.5 years, so surely you might well have the luxury to be fucking around with waiting for dips if you have largely already been stacking for 6.5 years.  So even a relatively aggressive and consistent stacking of $100 per week since your forum registration date would have caused you to spend $35k, and you would have had stacked 4.3672 BTC (which would be nearly $159k.. which is more than 3.5x in profits).. .. and surely anyone who might have been stacking longer might be able to reach a stage in which they might set themselves up for various buying on the dips, but sometimes there still might be needs to continue to buy regularly, especially if you might still feel that you do not have enough BTC to be waiting for BTC price dips that may or may not end up happening.









So as of now Bitcoins market price is back up to $37,518.

if I'm not mistaken we just experienced a "dip" and this thread if I'm not mistaken
is all about the "dip", I'm not going to read through the 204 pages to find out if a dip is
conditional or has to be over a certain percentage. This is a perfect example of what
the thread title is about.

"no, no its ok I dont want that 4.6% discount, I'll purchase at the higher price, thanks
all the same"


please dont try and theorise over my Cash earnings, I have bought and sold over the last
6.5 years and also over the last 6.5 weeks.