Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 12/12/2023, 21:57:12 UTC
You are correct sir

From the market direction it has proven and broken all indications that we are no longer in bear or having to say from Odohu that we are going to witnessed any dip currently, even though there will be, it could just be a market correct which I know won't go below $29k if at all it would go... This is not possible even though we can say that BTC is highly volatile but that doesn't mean that is a flip flop, there could be a little sideways movements but this won't entirely affect or effects the entire direction of bitcoin price to start dipping down in a way to go against its principle as they said " That we have the Bull and Bear season" Which we are currently on the bull run compared to where the price was right in the beginning of this year or do I say last year yet the market didn't disobey its principle.

It can be tempting for the price but there isn't a way the price would go against how its designed and configured, even though there are any kind of news that may hit the market so hard but that doesn't mean it would instantaneously changes its direction to bear sign or having to go below $29k although any thing is possible over here but with the fate and believe I have so far in bitcoin progression and the history never seized to repeat itself.
Take advantage of the opportunity if the market changes quickly like what happened in the past two days when from $44k it fell to $41k. Enter gradually at every price that you think will be touched because the market is difficult to predict because it may rise suddenly and fall suddenly. I'm not good at reading charts, so I don't care about prices when accumulating Bitcoin because with DCA we will get a price that is cheaper than our planned target.

Why wait for the news because it will make you regret it later because if you expect something to happen with the news then it will disappoint you. Just enjoy every dips in buying and Holding for assets for your old age. Arrange your investment planning as best as possible and hopefully we can hold the BTC that we have purchased through DCA for long term.