Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
red4slash
on 06/07/2024, 16:44:49 UTC
As for many as possible who have been claiming on buy the dip, this time is getting more interesting for them to exercise what they have always been expected, the bear is near and they have to buy the dip, anything can change at any time whereby you discover the market is no more bearish but instead bullish, but when we make an investment towards this time, then also hodl, we are going to be more productive in our investment in terms of profitability, bitcoin remains ever volatile and the interesting part of it is that you can invest today to discover that by tomorrow the market rises.

One major problem about those planned to buy the dip is that even when it dip they will still be expecting more dip and while waiting for more dip the market will rise again, for any one tat has what it takes to buying the dip buying every dip can be helpful without over doing it such that it will affect their other living expenses, while the buying the  dip offers buying more Bitcoin at a lesser amount of money, one can as well be buying Bitcoin anytime there is money readily available for investment.
This is where knowledge and learning become important. It cannot be denied that until now buying on the dip is still one of the strategies that is indeed possible to do when we adopt bitcoin. But in the end it is only one of several ways to adopt bitcoin and compared to buying on the dip it will be more worth it if we look for other alternatives such as DCA in the end. Not that buying on the dip is bad here because it can still be done but the drawback of this strategy is that in the end we are always waiting and hesitating to enter because there is an expectation when bitcoin goes down then there is a situation where we fight with our logic to buy because we expect lower prices which in the end the opportunity that has come is left unattended which in the end we fail to buy bitcoin because the momentum is released so by looking at this situation, buying on the dip is good but sometimes there will definitely be situations where we hesitate to buy which in the end it can be a regret.