Quote from: JayJuanGee on Today at 07:13:01 PM

Quote from: aoluain on Today at 09:56:05 AM

Look at the market today compared to where it was last week it is down $10k it presents a perfect
opportunity to get some FIAT into Bitcoin during the dip. Dont wait to try and time the absolute bottom,
be thankful of the discount which is presented now.

It just goes to show that the Bitcoin market always presents corrections and dips for everyone and anyone
to divert more FIAT. DCA can be practiced anytime and can be doubled up when there is a dip.

Interestingly I have been told yesterday that the ETF's generally dont buy during a dip, they apply typical
traditional market sentiment to the Bitcoin market and would see the current dip as a "Major Crash",
Anyone else hear about that? I wonder do they fear that the market could fall even further?

First off, BTC does not always present opportunties to buy on a dip.

Second, ETFs have to buy BTC to reflect the quantity of shares their clients have bought, so they cannot choose when they buy in any way that is different from what their clients want.. and so in that regard, their clients can be quite varied in terms of their preferences, whether individuals, institutions and/or governments.

If this is true then the ETF doesn't have that much power from stopping customers from selling too or have any influence on how long they can Hold, if it should be short term or long term, I read tag the price of bitcoin on ETF are almost the same with the real and actual price of bitcoin, meaning that an investor buying through ETF still has the same or equal opportunity to hold his bitcoin for long and still benefit from it rather than just following the crowd for short term investment.