Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
348Judah
on 05/01/2024, 09:27:43 UTC
⭐ Merited by JayJuanGee (1)
Market now temporarily Crashed, Do Your Own Research (DYOR)
The market suddenly dumps so fast without any announcement that there is no opportunity for analysis. The market has re-corrected before buying the exact position you asked to buy in your screenshot. However, now is the time to invest in Bitcoin because the Bitcoin spot ETF approval date is this January.

There's a dump in the market earlier but it has also made a recovery by raising a strong resistance against the dip in other to maintain the pump in the market, we are now almost were we have been even though we aren't there yet, there's much to experience and also expect coming during this particular period because the market is likely to be more moving towards in this same direction before it reach another stage to pump it higher on bullrun, there have been speculations ongoing about the Bitcoin spot ETF approval to be one of the major factor to push the market a bit more higher before bullrun is introduced after halving.

If the Bitcoin spot ETF approval date is pushed back, then there will be another big correction in the market, then it will be a good time to buy Bitcoin. But before investing you must invest according to your own thinking and research.

Let's get this right, even if there's a change in Bitcoin ETF approval date not to be January again, there's still going to be high expectations on the Bitcoin market price because we are going to still experience the bullrun after halving, what we should ensure doing now is to make sure we are buying and holding as much as we could afford, there's a time coming that will be more appreciated than this after halving has taken place, every bitcoin holder will have a reason to smile.