Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
I_Anime
on 03/05/2024, 17:24:24 UTC
This was my anticipation yesterday, i was triggered to invest yesterday when the price dip to $56k because to me that was the only time I could buy such dip again since btc has already hit the ATH of $75k and fall below $60k to about $56k I knowby the time it would reach the ATH again or above, my stash would have increased. Btc is so important that any slighted opportunity should not be left unused otherwise the next minute it becomes something of regret.
You have done quite the right thing by buying Bitcoin at that price after seeing the ATH range on Bitcoin this year. This means that you really make quite good decisions and carry them out quite seriously because when you consider Bitcoin it is a very important thing. Of course, it is quite common for you to take advantage of current opportunities which may still be underestimated by some people who don't really know about Bitcoin. Keep buying before Bitcoin returns to $60K this year because ATH on Bitcoin could happen twice this year.
Buying at the price of $56 was a good decision because bitcoin will definitely go up, bestcoin csn see the difference between when he bought and now. The price of bitcoin has increased and those who bought Bitcoin when the price was $56 recently it was never a bad idea  and to those that have been hodling even before now should not panick and sell out to the amount which was never planned for them. It is still a good time to still buy bitcoin and hodl because the price of bitcoin will go up more, it is possible their may be slight dip when hodling but these dips are not meant to remain, they are just opportunity to buy more bitcoin for the bull market.

That's why one shouldn't panick when there's any dip in market , instead one should focus on accummulating more Bitcoin quantities in their portfolio. because panicking will only lead to one making decisions that may endup affecting them negatively, like selling their Bitcoin in losses or when it haven't yielding any good profit yet.

JJG has been pointing out in the past that this is completely risky, and the majority of investors who have experienced losses in the market have been ShitCoin investors. What those who want to invest don't notice is that FTX and Lunacoin have been destroyed in the market and have left all investors facing losses. At that time massive investors also committed suicide so these things happen in 2022 if history is made. So every investor must remember that as a long-term only I think Bitcoin is suitable, and all other Altcoins are not suitable for long-term investment. So I will always recommend investing in Bitcoin and I myself have invested in Bitcoin and it is long term.[/quote]
That's why is not encouraging to hold any shitcoins, because most shitcoins are just pump and dump scheme, with no other purposes. And most shitcoins always endup with dip without having any hope of bouncing back. Not only that though even those who are using leverages, I came across a post on X formally known as Twitter, how an individual $1m got liquidated during the dip before this year
Halving and he made a statement that he may not survive this . So is better to accumulate yah Bitcoin without using leverages to be in a safer side so that you won't endup getting yourself liquidated, rather take your time and accumulate using any accumulation strategy.