Since I've been accumulating my Bitcoin for a long term, I'm not worried about the recent dip in Bitcoin price. I'm happy because I will seize this opportunity to continue accumulating more Bitcoin at a low price. I hope this dip will last for a week so that I can use the money I kept to buy Bitcoin when there is a dip to accumulate more Bitcoin.
The recent price drop is indeed very important to take advantage of, especially for those who are trying to collect more Bitcoin at $41K. Because I think the current decline will not last too long in Bitcoin because there are still some good influences for the next price increase this month even though it happens more slowly. However, I believe that the price decline will not be that long in Bitcoin, because the influence of the large number of buyers can also be a real factor in the next price increase which will make the market turn green again this month.
Here we will hold Bitcoin for the long term, here we will determine the price by following the DCA method of investing for the long term. If we buy bitcoin at current price of 41k, again if bitcoin price is 44k we will buy here as usual. We will average between these two prices and thus save our investment.
It is your complete misconception that we don't care about short term investments. You don't know every investor's plan or what every investor is planning with his investment or what is in his mind but you don't know. You can say whatever is on your mind or what you have planned. It is an investor's sole decision to hold that investment.
Here we only express our opinion and discuss the things which are right and the method of investing which will make investment easy and long term investment or what can be done by long term investment. We are only discussing here but someone's personal matter but we cannot decide. I think investing in DCA method is reliable for you, many may not like this method, it's a personal matter.
We never think of short term investment, more long term investment the more we can grow wealth. Evolve your thinking, ditch short-term investments, and embrace long-term investments.
We cannot prohibit anyone from investing like this. You are directly telling us to never invest in short term plans. With your words like this, if an investor refrains from investing according to his wishes and invests according to your words, and if he is not satisfied by investing according to your words, will you take responsibility for that investment? It is not necessary for you that an investor must invest in you for a long period of time. If you are not in favor of short term investment then you can discuss long term investment.
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 40k price level has been tested for several times, and the more often the price kisses or visits a support or resistance level, the weaker the level becomes, so I think we have right now another great opportunity to buy more Bitcoin, So, I have set some market orders way down to $38k should the price continues to dip down because $38k is another important level of support for the Bulls to fight, to try to push the price back up to continue the trend.
You placed an order at $38,000 which means you will start investing when the Bitcoin price is at $38,000. You have placed an order at $38,000, now the price of Bitcoin is slightly above $40,000, that is, the price of Bitcoin is not far from your order, but the main thing is whether Bitcoin will break the support of $40,000. If there is a strong support at $40,000, Bitcoin will keep going up again after hitting $40,000 and your investment will never be complete. You confirm with us how you are investing, if you want to invest a lot of money at once you can wait up to 38 thousand dollars or if you think you can hire a small amount without investing a lot of money at once. In that case you can start your investment even from this market condition. It is often said that there is no point in stressing over small price differences when investing in a long-term plan.
In the long run, your purchase price will never have that much difference in future value.