Quote from: Z390 on Today at 07:54:31 AM

Quote from: Crypt0Gore on April 14, 2024, 06:13:23 AM

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

It's all part of the game, so very normal.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

I have the balls to do whatever I want, I have sold my cars and my properties to buy Bitcoin, and I am still looking forward to buy more Bitcoin, but do not forget that it will get to a point where you won't have a lot more to spend, I am up a lot because I bought my bitcoin using this money at 17k per one Bitcoin, and I am still up till today.

Even with DCA method it will get to a point where you won't be able to keep up, because we are humans, we have other things that we must do, my advice is people need to only do their bests and leave the rest, Bitcoin investment is not a do or die thing.

You don't have to risk all you have on Bitcoin, let's not forget that its easy to invest in Bitcoin but its not easy to be a long term holder, not all money deserves to be invested into Bitcoin, we got to live, we have responsibilities, if you have 0.005 BTC you are already a Bitcoin holder, even if all you have is $500 BTC you are still good.

Make sure you are investing what you can afford, and do not forget to live your life, we are all waiting for a new all time high today, but no one knows tomorrow, it is possible that not everyone will see Bitcoin reach a new all time high, let not having at all be the problem you should fix.

Bitcoin has now been more used as an investment, rather than a currency as such. I think you have the balls, if you actually did sell your property to buy Bitcoin.
Using the DCA strategy during the dip and during the pump seasons will make an investor more disciplined to get returns, but having to DCA for a short while and then sell won't assure much reasonable returns.
DCA is for long term investment, so while we experience the dip and anticipate the halving, let's not forget that now is the right time to invest in owning BTC as an asset before it becomes high and unaffordable for those with small income.