Quote from: adultcrypto on Today at 07:59:05 PM

It is looking like a lot of people are mixing things up as regards what a dip is thereby making it complicated. It is not supposed to be that way. During the period of ETF approval, Bitcoin rose sharply to over $49k before the retracement started and price declined to around $39k, a $10k drop in price. This is a good example of a dip but it does not have to go that low before anyone buying the dips should start taking advantage of the discounted price. Under this scenario, an aggressive investor who have already set aside funds for buying the dips would have started buying already when price dropped to $42k and lower. You must not get the bottom where the price will turn and start going up as that is irrelevant, you are only focused on buying at discounted prices.

I apply the DCA method but I sometimes also buy the dip when I have surplus funds after setting aside my emergency funds and that of my basic needs with my DCA running smoothly unaffected. So buying the dip should not be complicated as many people make it seem because it is a nice way of accumulating Bitcoin in addition to the DCA method.

planning purchases that they often put off will make them hesitate to press the buy button. Yes, in an effort to dispel doubts, of course they are better off implementing the DCA strategy as most of us have done. Yes, for example they were waiting for the price of $39k and a few days ago Bitcoin experienced a correction to $39k but they were still hesitant to buy and of course they missed a moment to buy on dips. For this reason, don't hesitate in every decision to buy because the price will not be at the same point and will definitely change in a matter of minutes.

After all, we are buying bitcoin for the long term so why is there any hesitation in continuing to buy. Yes, if they had known about bitcoin earlier, I think they would also have been hesitant to buy because the nature of doubt is very difficult to eliminate in their minds if they have no certainty in their every action. So if we are not good at reading charts, it is better to just buy regularly, whether every week or every month, because to find the cheapest price, of course, buy regularly.