Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Taskford
on 02/05/2024, 07:57:15 UTC

Dipppp this is what most of us as been waiting for this is an glorious opportunity to purchase or Stash more Bitcoin in yah portfolio and HODL,  by now alot of folks will be in the state of panicking which won't do any good . While those of us that understand Bitcoin and it's potential will take grab this opportunity to buy more expecially those no coiners and low coiners, this is the time to increase the rate of your accumulation, be as aggressive as you can so that when the bull run begins you will also smile and testify Like others.
You are right that this is a good opportunity to accumulate bitcoin because the price is low at the moment, but we should be careful how we use the word aggressive so that those who are new to bitcoin investment do not aggressively buy bitcoin with all their money. Since I'm accumulating bitcoin for the long term and will not be selling it in the coming bull market, I will stick to my DCA strategy so that I will be able to solve my unforeseen problems whenever they arise. But that doesn't stop the investors, who have enough liquidity, from seizing this opportunity and purchasing more bitcoin at a low price.

If you have savings then you should not invest with full money, as the price of bitcoin is going down a lot in the current market so investing at this time will definitely bring success in investment. Preparing for a bull market now is the best time to grow your investment by investing regularly. As the Dip is currently underway, investing in Bitcoin now should wait.

I wonder why you would suggest for people to stop investing on Bitcoin now just because of the price drop, however it seems you are expecting more serious dip before you can invest, actually is a very wrong idea because this could cost you to miss accumulating Bitcoin while you can also one of the things you should also understand about Bitcoin is that you can hardly predict it movements because right now it may seem bearish but the next moment it will start increasing, so don't misunderstand the Bitcoin price movement now to become more dipper, so the early you start accumulating Bitcoin the better chance you would have.

I think what he mean is all of their money since its not really advisable to do since instead of you will be fine even if the market collapsed you will get panic on situation since all of your money is there and get afraid for certain possibilities that you have a chance to lose. Much advisable to invest only the amount you afford to lose since any situation will occur for sure will be tolerable to the investor since this is just the spare money used for investment and they can focus on their goals since there's nothing to worry about on some situations currently happening in the market.

Right now instead of getting panic on the dump people can continue to accumulate since their aim is for long term and not for short term trades. If they got afraid for sure they will be the loser in the long run.