Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 01/05/2024, 18:32:08 UTC
Today the price of Bitcoin has dropped quite a bit, already this Bitcoin price has dropped to $57,364.91. It is natural that many people will panic at this moment. But those who are true Bitcoin investors, will see the price of Bitcoin right now as another great buying opportunity. We should make proper use of this opportunity, those who can survive now, will succeed in the future. Focus your mind on holding, invest as much as possible and hold. without that money, May you live your daily life well, Don't waste that money, put it to good use i.e. invest in bitcoins. holding until the price of Bitcoin reaches a peak, and keep investing and holding until your expected portfolio is built, don't pay too much attention to the price and don't think about selling. Your goal should be holding only. Look at the dip as a buying opportunity and continue holding as much as possible using the DCA method.
In my opinion, one of the best opportunities is to hold on and keep buying because as long as you make a purchase but you are not strong enough to hold it then you are not the characteristics of someone who invests in the long term. The decline after the halving is quite natural and we can even compare the correction that occurred in the previous halving with this year's halving. As Op said, it is very appropriate that now is the right time to buy aggressively because when a correction occurs that is the opportunity we have been waiting for.

When a price reversal occurs where the price is corrected every day, the right step is to buy gradually without missing this opportunity. Of course, in theory, many people are panicking about the current situation, which in my opinion is not really ready for changes in market conditions. For this reason, to be a true holder, we need a strong mentality and not to panic when prices fall.