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
I thought I was the only one... I was actually looking for the "DIP" phrase a month ago when it was newly changed , I thought it was moved at first until I learned it was just changed ... I mean c'mon it's a dip season we need something like before
"Buy the DIP"The original title was "Buy EVERY DIP, and HODL". That was during 2019 when it was absolutely obvious that it was safe to buy all DIPs with everything that you had - leave just enough money in the bank account for bill payments of course. I changed it to "Buy the DIP, and HODL" -
This was outstanding:
"Buy the DIP, and HODL" -Buying
Every DIP should be a choice but it's okay to
Buy the DIP and HODL.
I guess its not important to discuss about title change since it will not change anything nor contribute to the learnings of people. What's important in this thread is the discussion of people about their HODL plans also the methods and other suggestion that can help people to learn a lot of things about investment on bitcoin.
The current title of the thread is fine and I don't also see the need of changing it since maybe it will just confuse the readers especially if you name it Buy every dip and Hodl since newbies might think about that they should wait for the dip to accumulate since this is wrong thinking to do.
But if that's what majority wants then let it be, since we all know majority votes always win.
Buying Every dip and hodl?, To me sounds like we are only encouraging the buying of Bitcoin only when there is a dip. Then what has been the purpose of those strategies that've been discussed so far under this thread?. Just like you said, newbies might think, waiting to buy every dip is a smart strategy that the majority do. Even though Dip is a good thing to acquire more units of Bitcoin at a good price, but we should still understand that dips does not happen at all time. There are times when the entire market condition changes, and we begin to experience upward movements, then do we have to sit and wait for the next dip?. Except the op would want to keep changing the topic based on current happenings.