This is going to be an opportunity for new investors that he might have been waiting for with his short capital. There are also many who are within the DCA who may increase their buying. Everyone should be inclined to buy on dips otherwise you will walk away from huge profits. You should definitely buy bitcoin from dips as it may be short term and soon turn bullish.
Currently the market is in a very bad condition. Right now it doesn't look like the market will pump up anytime soon, I think Bitcoin will take some time to pump up. But we should always look at every dip as a last chance, no matter how long the dumping is, we should always think that this is the last chance and buy. Because once the market starts pumping it will touch all time highs. So don't expect the price to drop further. Start buying now. And continue to DCA.
Yes, I agree to what you are actually saying here bro, the value of Bitcoin has been declining in the past few days now, and as it stands, most newbies investors are panicking, some are even selling in a loss, while some are just in a panicking state, but we that are quite knowledgeable and experience should only sees it as an opportunity to buy more, either through the DCA accumulating strategy or through the lumps sum method if you have the financial leverage to do so.
And secondly, we that are long term holders, we shouldn't be bothered anytime the price of Bitcoin declined, because due to the potential of Bitcoin, it's more safe and more rewarding if you are actually a long term holder, it's only those people that can't hold for long that will should be bothered, because they are expecting a quick return which is not forth coming, so in essence is that, the current price of Bitcoin is an opportunity to us that are only thinking long term, because it's an opportunity to buy more.
Well said, Bitcoin is good for a long term investment goal with investor that understand her value and the need to hodl without fretting, or panicking.
I want to correct something, the value of Bitcoin is not declining, rather her price is declining or dropping or bearish so far, if Bitcoin value was declining none of us would have the intention to keep hodling in spite of it dipping now. In essence we should always know the proper and right term to use in other to avoid confusion or pass false information.
Value of Bitcoin is different from Price of Bitcoin.
That's quite a very notable correction mate, I mean it's very easy for someone to get the both concepts mixed up or use 'em both interchangeably without even realizing they are in fact making a mistake, since the both concepts ( price and value of Bitcoin) are quite related but in fact also quite distinct terminologies.
For purpose of clarity, when talk about the price of bitcoin, we are referring to what bitcoin currently costs or the price at which people are currently buying , which isn't really stable due to some reasons.
While the value of bitcoin refers to both the inherent value of the asset as well as its usefulness, which includes its roles as a means of exchange, security, governance, and store of value.
To be further precise, the price of bitcoin refers to what it currently costs to purchase it, whereas the value of bitcoin depends on the rationale behind the purchase.
It's critical to comprehend this distinction in order to have a more better and transparent perspective on Bitcoin's long-term significance as well as its potential.