Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Barikui1
on 16/04/2024, 17:26:43 UTC
...
Likewise with shitcoins which have impoverished many investors due to their collapse in the market, causing a lot of disappointment on the part of investors. Currently, I see that Bitcoin is no longer comparable to other assets because it really has a big rating and influence for many people after the ETF was approved. Now Bitcoin has started to correct again, which can be said to be a dip in price, so take this opportunity to continue buying before Bitcoin rises again at the halving moment.

The current dip in price more than correction and in my opinion it's due to the Geopolitical tension and investors cashed out some with the fear of wars. Ofcourse this is good time to buy Bitcoin and there is chance for further correction a little bit after the halving but sooner or later the price will start to surge post halving.

As the price of Bitcoin is depreciating in value due to the geopolitical tension going on in the middle east,  most newbies investors don't actually knows that they should only be thinking long term, and because they are only thinking of the present, they are selling off their holdings in panic, but I believe that anyone that truly believe in Bitcoin and is thinking long term,  will definitely still be holding by now.

Another thing is that, even as am accumulating Bitcoin through the DCA method, during such dip as this, I only sees opportunities to buy aggressively according to the level that it would not affect me in financing my day to day activities, and I believe that almost all experience Bitcoin investors are actually seeing opportunities in the declining market, unlike the newbie investors.