Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Justbillywitt
on 28/02/2024, 06:43:41 UTC
Bitcoin halving event are usually followed by a positive price increase as the result of the fact that halving lowers supply with fewer Bitcoin in circulation and increase demand and historically it has been so , there is a believe that Bitcoin will reach a new ATH six months after the halving. Although most time historical data can only become a quide and all crystal balls can become cloudy meaning that what happened in the past may or may not happen in the future.
We should not only focus on the bull market that comes with this, we have to understand that during and after halving, there comes a highly volatile market season whereby you can experience both bull and bear within the same time, even though the bull will always prevail at the long run, but we must never forget on how it such clumsy with high volatility and we must be able to set a target or limit to the rate we may want to sell or buy in other not to miss out big opportunities during this period.  
We want to invest in bitcoin we should only focus on the bullish market so therefore I believe that those people who invest during the time the price of bitcoin is low that the people that make profit when the price go up so I will advise every beginner to invest during the time the price of bitcoin is low so that they will not experience any loss, to accumulate bitcoin, you have to wait experience having before you purchase bitcoin, so that you will not be victim when the price go down.

some people who invest in bitcoin always be rewarded of it when they experience bullrun, so I believe that it’s a good investors that know the actual time they can invest and make huge profits, in normal circumstances the best time to invest is during bearish seasons.


What are you saying? You are getting it all wrong. If this is your opinion or suggestion to beginners, then you are misleading them. Every price mark of bitcoin is probably a good time to buy bitcoin. Yesterday bitcoin was 51k and i woke up this morning to see it is now 56k. As of yesterday, many persons did not buy bitcoin because they feel the price is high and they are waiting for the dip or the price to low so that they can wait. Now today the price is 56k they ow wish they had bought the bitcoin yesterday.

Even at 56k is a good entry price. If you keep waiting for the price to go low, you will continue waiting till you are unable to buy bitcoin at all.  I would advise anyone that haven't bought or who is waiting to buy when it low to buy now. There was a lot of panic today after the price went up 10%. We have seen lots of troops buying bitcoin on Binance exchange. The fluctuation was massive today, which is a sign that bitcoin is moving to 60k. Unbelievers are now turning to believers, and you are still here waiting for the price to go low. You can keep waiting but don't advise others to do so. 

There is no regret if you bought bitcoin and the price gets low a little when at the long run it will surely exceed your threshold. You will only regret if you are into bitcoin for quick gains and that is not the topic of discussion here. Buying for the long run should be the priority.



You guys are still  getting it wrong, you guys should change your concept of what a dip is, a dip is any price under the last ATH of bitcoin and investing now is still a very good dip. Those that invested as low as 35k and you investing all of you bought on dip and what really matter isn't when you bought but how you hold, can you hold long enough to build 3nough compounding value on your portfolio.
I don't really think that bitcoin is still in dip as long as the price is below the previous ATH according to your statement. Bitcoin can't be making new ATH every single day or week. A bitcoin is considered to be in dip when there is a sharp drop in price, due to high selling pressure, resulting to down trend in price movement. Right now we can't say that bitcoin is in dip, as there is a positive sentiment in the market. Even while the previous ATH is yet to be broken, there is something called high high trend, if bitcoin is continually forming a high high trend, we consider bitcoin to be in bullish trend and not dip.