Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Hewlet
on 19/01/2024, 07:40:57 UTC

Yes, for bitcoin investors looking to take advantage of the bull market, the current dip is indeed a great opportunity to jump in and buy. I tried checking on the exchange earlier, it turns out that Bitcoin has experienced a price decline again. Even though it's not very deep, this is the right moment to buy bitcoin. Although we don't yet know whether the price of bitcoin will fall further or not. But in my opinion, don't wait for prices to drop again. Because it could be that a few days later the price will rise again and it will be difficult to reach the price at the current point. Because as you said, the current price of bitcoin is difficult to predict. Therefore, it is better to take advantage of the existing momentum, rather than having to wait.


you know, I find this actually funny.

The mindset of a matured investor is quite different from that of average person out their and I guess that this is one of the big difference between the rich and the poor.

Do you know that their are people that would not want to invest into bitcoin at the moment because they might feel that bitcoin price is going down? But real investor knows that this is the perfect time to buy the DIP as the next thing that will certainly happen is a rise in the value of Bitcoin.  Talking about the if it is necessary to wait for the price of bitcoin to go down the more before buying, I guess it's the procrastination tendency that is at work here, how are you certain that the price of bitcoin would go down past this level? As long as it is certain that the value of bitcoin will go up past it current value now, then this is the perfect time to buy the DIP.