Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?
The best time to buy coin is during dip, because we can have a huge coin because it is still cheap and affordable, the problem is most of the newbie investors didn't want to buy when the price is cheap maybe because they are afraid that after they buy it will continue to fall or there are some reason, emotions, money as capital, etc., that is why many people always have a regret when it come to investing.
This is the main reason why the DCA strategy was suggested and brought up as a strategy to buying BTC and with this strategy, you won't have to worry about if the market is in a dip or the the market is bullish .
Although if you experience a dip at the early stage of your DCA then you might experience a slight impact on your accumulation too but as time goes on and you increase your stash then a dip will not show a difference in your accumulation rather it will continue to serve as an opportunity to buy more just as it has always been ...
Then you need to know that Bitcoin is not just any kind of coin that could be compared to shitcoins which can dump forever once they experience a minor dip and considering the current value of BTC for you to get a nice ROI the you must be willing to HOLD for long .