Some weeks ago when I visited this thread it was named buy bitcoin and hodl but now it's back to buy the dips and hodl, what exactly is going on?
is there a confusion on what to consider the thread. I certainly prefer buy the dips and hodl.
It's just a change in the title which can be said to not have a big impact on the discussion, but if you are someone who prefers buying on Dip and Hodl, of course you can visit this thread every time you enter this forum. Because now I see that Bitcoin is experiencing a price decline that is slightly worse than previous months, so you can prepare yourself to buy on the Dip and hold it until you find a more appropriate time when you want to release it again into the market. Because I was also preparing myself to be able to buy on the Dip again when I saw the price drop today.
A change in the title doesn’t affect the discussion alright but, it could be miss leading as a few users including myself often looks for this thread in order to keep up with the discussion as close as we could and participate just as much and should it come by a different title, having to find an adjust would pose a different challenge.
I was greatly surprised on the direction Bitcoin took as at yesterday and even more so today when I looked at the charts. Just on Tuesday, it showed a bullish formation on the rise and as at today, it’s dipped even below $58k and now at $67k. This kind of breaks the hearts of those whom might have been expecting a price appreciation, waiting to take profit but,
For someone who have got a long term plan on investment and looking to buy, the red candles is a go green.
I think this calls for a rethink for short term investors to look towards a more distant long term plan and pitch their tent.
I don't think anyone who has been a dedicated follower of this thread is actually concerned about the bearish market condition. Infact it is a perfect time to execute one of the buying strategies that's often discussed in this thread. Looks at the name of this thread and relate it to the current market condition and you will understand that we have been equipped for moment like this. We don't care about those people that their heart is broken right now, according to what you said above. It is not our problem. We shouldn't focus more on other people's problem. Our major concern should be making the most out of this opportunity that present itself, because opportunities like this don't come very often.