Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Dailyscript
on 12/01/2024, 22:53:54 UTC
⭐ Merited by JayJuanGee (1)
Now just to wait for a dip to hodl, and I right?

Feels like we've been starved of dips since March 2023, when price corrected from $25K to $20K, which was an incredibly tasty dip. Since then, we've had $30K to $25K that barely reached -20%.

All I can say is that I'm looking forward to more dip buying in the near future. Hopefully 2024 will be better dip buying experience than 2023 was!
Unfortunately, those who did this are probably in tears because some of them will sell and take their losses while some will still be holding hoping things will turn around.
I taught this thread is about buying the Dip and Hodl? So why would they regret it if their intentions were to buy bitcoin and hold it for so long? Only those who went in for the quick gains would be disappointed. Any investor who is reasonable enough knows he is buying more Bitcoin because of what the price will be at the end of the year or in the next five years. I believe so many people were smart enough to understand that Bitcoin will not follow the hype of the approval of the bitcoin ETF to move high. In a logical sense, we were expected to see an increase in the price of bitcoin to about $50,000 after the announcement. But bitcoin is not a shitcoin it maintains its pattern and would surpass that price at the right time. I am expecting that before the week ends, it will go up to $50,000.