Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Zackz5000
on 01/05/2024, 12:01:22 UTC
OK, the DIP is coming and it's NOW the time for YOU to PAY ATTENTION. For those who employ a DCA strategy, it's probably a good decision to start making your purchases bigger. For those who employ a Buy the DIP strategy, start placing your bids NOW. Currently, the 200-Weekly Simple Moving Average is at $34,200. Will it touch that line again? Probably not, but near that line has always been a good buying opportunity.

¯\_(ツ)_/¯
I see the DIP as an opportunity and advantage to accumulate more Bitcoin in your portfolio and hodl for a longer time.
The DIP is actually an opportunity most investor has been waiting for, right now I belive most investors that purchase Bitcoin at a higher price will be panicking and mumuring while those that understand the movement of Bitcoin as a potential coin that can skyrocket at anytime will use this opportunity to purchase more Bitcoin to there portfolio and HODL.