Quote from: Greyhats on Today at 03:57:18 PM

Quote from: Wind_FURY on Today at 03:46:37 PM

The only people who's probably very happy with the current Bitcoin price movement are the DCA buyers and Buy the DIP bidders, because they are currently getting more units in Bitcoin for the same amount of fiat that they will be using/have available.

¯\_(ツ)_/¯
If in doubt, then always zoom out. Sit on your hands/don't panic.

still struggling with topic name change, still feels wrong

True dat. Me too.

It seems to me that there was no reason to change the title of a thread like this that had been running for more than 5 years and had "buy the dip in the title" from the start.

I personally believe that "buy the dip" is not as good of a technique as DCA (especially for beginners), but buy the dip is still both a valid talking point, a valid practice, it can be especially employed during situations of lump sum buying and front-loading of an investment, and buy the dip is something that a lot of those in their BTC accumulating stages will weigh and question what they should be doing and whether or not to wait for dips before buying.. and in the last two weeks, there surely has been some decently sized dips that could be taken advantage of.. even though none of us are really going to know how deep the dips are going to go or how long the dips are going to end up lasting.

Quote from: GigaBit on Today at 03:59:16 PM

If an investor is able to have a good knowledge of Bitcoin then he will never trade Bitcoin for short term. Because they know that Bitcoin will go through bearish and bullish cycles.

Mere changes in the BTC price direction does not change bitcoin from being in a bullish to a bearish cycle, and we are not going to know exactly when the market might convert from bullish to bearish.. and then same is the change from bearish to bullish... .. even though so far bitcoin has tended to have 4 year cycles.. so even now when we are in a correction, we are likely still in a bull market.. but we likely are not going to know for sure until several months down the road.

Quote from: GigaBit on Today at 03:59:16 PM

If Bitcoin loses a lot of its value for some reason, they will still hold their emotions. Because they know that after a period of time bitcoin will be able to regain its position. Those investors in Bitcoin investment lose their wealth who fail to hold their emotions who get busy selling Bitcoin on a slight decline. While Bitcoin's temporary decline may seem like a disappointment to some and some others are holding at that moment.

'

Surely long term holders will continue to hold during correction periods and sometimes buy some more, but if their stash is decently large, they might ONLY HODL.. and they might need the correction to get to a certain level of extreme before they will justify (authorize) themselves to buy more.