Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Pi-network314159
on 29/02/2024, 10:27:50 UTC
Snip
so let me get this right, are you suggesting it's best to buy during a bullish period as this only to wait for another bullish period when the price would have torshed this  current $60k point? I know for those that have the ability to doing a ten to twenty year holding, it might be reasonable and okay for them but I feel it's best to buy during the bearish period so you don't necessarily have to wait forever before your holding yields a good profit.
There is no point saying that the best time to buy bitcoin is the bearish season. There are three options of holding which are dip and HODL, lump sum and DCA. For me DCA is the best option because waiting for bearish season to buy bitcoin is not a wise investment strategy. Because you might wait for internity and btc price may not fall withing your expectations.