Well yesterday Bitcoin literally experience some dip , and I was excited ( because I see it has an opportunity to get myself some good quantities) while some individuals was out there selling their holdings, due to the dip which initiated some panicking. But I won't blame them though , because most people are just new in this space without any solid knowledge on how things work here , so due to that at any slight dip they would quickly sell with the fear that the dip may continue.
I think any body that sells in a slight dip is a person that bought it when the price was high and sell when it is low in other not to incure more loses and people who intend doing such are traders and not HODLers because investors or holder are not in much in rush to sell rather take advantage of the dip and accumulate more. That is why DCA still remain the best, because buying on each dip make a person confuse on when to buy but DCA doest care about that.
Even though at any chances the dip continues, it means you just got more lucky to buy the dip accumulating Bitcoin when there's decrease in prices. The reason most people do panic and endup making the wrong the decision, is because they have this habit of comparing bitcoin to other shitcoins they may have encountered, with the Idea that Bitcon may not recover from the dip like other shitcoins that experience dip without recovering back . Well the truth is that bitcoin ain't like those coin despite the dip bitcoin will always bounce back stronger.
It's only a newbie in the world of cryptocurrency will compear bitcoin to shitcoin. Shitcoin is just shit as the name implies. So we should be more careful on the type of coin we buy, hoping to get a good result in return
Sofar Bitcoin is the best coin in the world of cryptocurrency. From the first halving to the last halving it has created new ATH each and the 2024 halving we equally manifest it own. And no other coin has done what bitcoin has done and that is why it still remain the best of all. Just but and HODl.
No be for only dip and HODL we go dey talk about holding make we also carry am come local Board