Buy on dips should not always be the case, why not concentrate in buying when you are ready, must it be on dips, people should know that bitcoin is an asset no matter how dip it goes, it has never stop giving people hope of shifting to positive position, I think everytime is an opportunity in bitcoin that's why continues accumulation is the best irrespective of the price any day any time.
Yeah, obviously, bro, this is true that Bitcoin is always gives you the opportunity to buy because Bitcoin is highly volatile and their price movements are not always the same.
I mean, Bitcoin always provides opportunities for investors to participate in it. When Bitcoin rises, it does not mean that the price went up and will not fall again, that is, it will not give you an opportunity to enter again, but Bitcoin gives you good opportunities every time you take an entry. This is our example. It is clear that when Bitcoin was 37k in 2022, no one expected that the price of Bitcoin would go to $16,625.08 on January 1, 2023. When it actually happened, everyone was surprised.
So it means to say that Bitcoin always gives you the opportunity to take entry.
You can always participate in bitcoin, but it does not meant that at any particular time that any of us is considering entering bitcoin that there is going to be any advantage in waiting and/or that an "obvious" entry point will present itself.
There is an expression that it likely pretty close to being true, and that is that the best time to enter bitcoin was yesterday, and the second best time to enter bitcoin is today.
In other words, the mere fact that the btc price has historically dipped and/or provided unexpected dip prices does not mean that it is going to happen to the degree that any of us is going to clearly and unambiguously be able to recognize such dip as an entry point.
If anyone believe that the drop in price of btc is temporary and the fundamentals of the asset are still strong you might consider buying at the lower price.Take some time to research about this further and historical price movements. This can help you make a more informed decision about whether to buy, sell, or hold. can be taken advice from investment professionals or experienced traders about btc.
You have misunderstood the person that you quoted.
A newbie, don't need to be making research about the price movement of bitcoin history before he should buy bitcoin or need to wait for the dip before he buys. This is because all those things are waste of time. A newbie should should only know the basic knowledge of bitcoin, check his income and make out plan on how much that he can use to invest in bitcoin, that will not affect his other expenses, after he must have kept his emergency funds. The the left over money should be used to start investing in bitcoin weekly or monthly using DCA method, and hodli for a very long period of time.
DCA method is easy to cope with, because it gives you the opportunity to buy bitcoin in a comfortable way without pressure, and you will also have time to plan for other things. You must important thing is that you get into bitcoin Asap and continue to grow your bitcoin portfolio bit by bit by being consistent and persistent in accumulating bitcoin.
You don't need to start talking of selling at the beginning of your investment journey, because it shows that you are gambling and will run at loss, with little or no bitcoin in your portfolio, and you are not investing but trading. This is why before you start your bitcoin journey, you must consider investing in a long term, so that you can use that period to noture, grow and build your bitcoin portfolio to your bitcoin target. When you sell in your accumulation stage, you will not be able to achieve your bitcoin goal and you will lose focus on your bitcoin long term investment journey.