Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Queentoshi
on 19/01/2024, 16:10:06 UTC
actually with the Bitcoin ranging between $40, 854 and $45k is actually the right moment to take advantage of this great opportunity by starting accumulating immediate because if you can remember sometime ago when the Bitcoin was moving similarly as what is doing now such as ranging between $22k to $26k and most investors refuses to take advantage of the price thinking it will drop more before they could start buying and before they realizes themselves Bitcoin has moved to $30k and they were still thinking it will fall until they saw Bitcoin at $45k+ that's when they no that they actually missed a good buying opportunity, however is not actually late for them to start accumulating Bitcoin because it has presented another buying opportunity for them because it has falling from $45k down to $40,854 now so perhaps they should stop expecting more dip and start buying because there is every chances that the next move of Bitcoin will actually be positive one and also considering the upcoming halving there is a great possibility of Bitcoin surpasses the All-time high and creating another one, so let's stop waiting for dip before accumulating.
Any new investor to Bitcoin who would like to invest right now while the price is at $40,000 and above, and the person is financially capable will have to show extra commitment by dedicating a higher amount of money to DCA so they can catch up with the number of people that have already invested. Waiting for a dip means wasting more time when you are already not early, and that is not wise. With the consistent strategy of DCA, you will not need to care so much about the price of bitcoins before you invest.