Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Dailyscript
on 16/03/2024, 07:11:38 UTC
The market is diving lower and the opportunity for human capital has been created. Those who were waiting for the dumping market, the dumping market is here, now you can invest from the dumping market. I increased the investment using the DCA method and waited for the dumping market to invest by buying more bitcoins, currently in the dumping market I made myself invested if the market dumped a little more I would buy bitcoins and hold it. Maybe this is the last dumping before the bull market so no one should miss this dumping market to invest.

Perhaps someone has elaborated about this but I'm not satisfied with his statements, hence I will have to buttress or initiate some points.

In as much as Bitcoin price has been fluctuating for days now and perhaps we could call it a price correction. as you said it's an opportunity to grab more stash of Bitcoin but I would consider such statement as a short sighted one or probably a short term investment, which you have to buy as a result of fomo. But if genuinely you want to keep investing in Bitcoin then the little dips we saw was a mere advantage to hold more stash of Bitcoin, it could serve as a discount to any one buying to hold.

But obviously for people who aren't interested in a short sight Investment wouldn't be bothered woth the dips or fomo to grab more stash because they have the DCA method of investment that allows them to buy Bitcoin at any give time.

Referring to those waiting for Bitcoin price to fall before they invest, are there still people like that? after all the time spent here? well if there are people waiting to purchase Bitcoin when the price falls then I think they are not in a long term investment, they are only driven by the profit Bitcoin will give them within the bull run.
I smell regret for those who will not buy now. Bitcoin is trying to give those who have been reluctant more and more opportunity to bag more they have now if there is money. For me this is point in the market i aggressively buy in as much i am still dcaing. The whole point of the dca is to ignore the market price. Truly we should just continue dcaing no one knows if this is a top or bottom or just like what everyone is saying that the market is correcting itself. That is bullshit, correcting or no correcting we should buy it doesnt stop us from buying.

It would have made more sense to stop buying if we know when the price will go down but unfortunately no one knows what will happen in the market. But there is something certain in the market, once bitcoin exceeds some level in the market it never hoes down to that price ever again. Keep buying till 2024 is over.