Re: Buy the DIP, and HODL!

Are we considering $66K a dip now?

I don't think $66k is the deepest as the price could decline further. Moreover, the price now shows no signs of increasing again. Everything can still happen, so prepare for something worse than now.

The price may continue declining until it is time for the halving. After the halving, the price will go sideways until people get bored waiting. Only then will the price increase slowly from up to down.

When people don't think much about the price of Bitcoin, that's when the price of Bitcoin can start to increase rapidly.

You're right .... US spot-Bitcoin ETFs have been trending lower this week. Bitcoin is down 10% as of Tuesday morning from its peak in mid-March. Apparently the price may have this downward trend until the halving. The amount of digital assets around the world continues to decline at a significant rate. Although I wouldn't compare bitcoin to any other currency. But it doesn't seem like the price of bitcoin will drop as much as you said. But golden opportunities have arisen for small investors like us. During this fall period we can increase the level of DCAing to double the rate which in the long term can increase the profit like buying dips and cycle growth rates.

you know we can't always jump into conclusions whenever bitcoin goes dip a bit at a particular week and then change our opinion when it suddenly goes high again. It's been regularly reiterated that you only know that you're in a dip or bull market after the season has past and then the price of Bitcoin iether goes high or comes down. What was looked at in the past as an ATH would later become a seriously dip and that has been how the system worked till we have the current ATH that will in the future become a dip. Know that event will always play out to either increase or decrease the value of Bitcoin every week and we've seen how Bitcoin has looked a bit stable from the range of $68k to $70k for almost a week after which we are anticipating a serious surge that will probably lead us to $100k or above. The issue is that when you spend all your time looking at what particular price is a DIP or which isn't, you're indirectly putting yourself in an unnecessary pressure and you're looking like some that's in search of quick gains and not some one that's ready to HOLD long enough.

These analysis are all speculation that may or may not happen out the same way we assume it will and exception of people that might have reached their accumulation goal and have excess reserve that can go into buying during special dips, it's never too necessary to look at $66k as a dip or not. What you're after is that you are able to buy up as much as you can and not get into the thought of slowing down on your accumulation because you want the market to go further dip than it current price. It was just few weeks ago that we saw a new ATH but it doesn't make any serious difference to someone that still has a long way to go in his stacking and has probably two or more to comtine stacking and is never thinking on selling anytime soon. The goal is to continue buying in line with our DCA routine and maybe increase our the amount we will use in buying during special dips but overly being concerned about which particular price is a dip or not wouldn't make any difference at all.