While you are scared, El Salvador keeps buying the dip every day.
it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too
what are your thoughts on this Anon ?
Buying the dip has been a golden opportunity of buying more of a coin with the same amount that would have given a lesser amount of coin from it's previous high although, it shouldn't be seen as a primary strategy for accumulating Bitcoin but it should be a secondary strategy without over doing it.
DCA is a good strategy, but still, the timing needs to be right. If the market just entered a bear market and you started buying the dip then you will find yourself in a bottomless hole. Right now bull season is in our doorstep and the market can start rallying at anytime. This is the right time to buy the dip and every dip brings a new opportunity to increase your portfolio This can be really life changing if you can manage your risk and keep holding no matter what the market turns into.