Another DIP buying opportunity might be coming! I'm not sure how low, or if this correction continues to fall under $40,000, but buying some Bitcoin with any sort of discount should definitely be "greeted" with open arms. Don't miss the opportunity!
Buy the DIP, and HODL!
The market is now at $41000 but there are many investors who are waiting for the market to come below $40K. If investors pledge to come below 40k then they might miss out on investing now. The market broke out of the barrier of $41K and went down, but the market did not last long, and soon the market went back above $41K. There isn't much difference between $40K and $41K when it comes to long-term investing. If a person invests one bitcoin the dollar difference will be one thousand dollars but most investors will not invest one btc at the same time. If under $40k is a good time to invest then I would say $41k is not a bad time to invest either. Investors invested $30K $40K and a maximum of $48K.
Investors have invested step by step but no one has done wrong by investing. Those who bought bitcoins during relatively high prices will probably sell bitcoins at relatively high prices, there will be demand to sell as much as to buy. Those who are waiting for the investment of forty thousand dollars can invest according to the current market if they want. I hope that your investment opportunity will not be missed.
It wasn't like that for me to begin with:
Let's say I have a $1000 reserve fund, it will remain undisturbed until I need it again in another emergency.
When you start investing, you will start from scratch, no need to take $300 from the reserve fund.
Let's say I start again from $20/$50/$100 per week/month depending on income, well then this will be more for me practically this investment will continue to grow while I still continue to do DCA all the time so the emergency fund remains safe while the investment is still running until now.
When there is already a reserve fund, you will feel very safe when other things are needed, now it only remains for you to play how aggressive the level of DCA is every week it also depends on you managing it well if 30% of the monthly salary is invested in bitcoin I think it is more than enough while the rest you can use in your expenses even you can add 5% to the reserve fund, but for me it is enough if the emergency fund is enough to last for 6 months.
Reserve money means not spending that money all the time and spending that money for extra needs. Amount of money for investment is different and reserve currency is different. The investor will use the reserve currency when he is unable to invest regularly. For example, an investor is regularly investing $50 or $100 every week or every month, but due to excessive demand for money, it is not possible for that investor to invest that amount of money at that time every month or week, then that investor will get the benefit of investing by using money from his reserve. Thus, after investing from the reserve currency, when the additional financial needs of the investor are met, he can make up the amount that he used for investment from his reserve currency later.
Although most investors do not keep reserves in their investments, it is definitely necessary in their investments. If you suddenly stop investing after investing for a few days, then you no longer have the same mindset to invest later. That is why it is very important to keep money in reserve so that the investment mindset is maintained properly and if you keep a reserve, the investment will definitely be much stronger.