Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
JayJuanGee
on 06/07/2024, 19:44:01 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.
Waiting for the dip is lack of proper knowledge on how to start your bitcoin journey as a newbie because it is the worst approach as a new beginner to start with. Bitcoin price movement is unpredictable and this is why buying regularly using DCA method as a new beginner will be a solid foundation to increase and build your business portfolio gradually. Whoever is lucky enough to see the dip and has the money to buy did not buy and is waiting for more dips is not serious to invest in bitcoin and will be poor at old age. This is because it is hard to know the bottom line of the dip and that is why DCAing regular weekly or monthly consistently will give you the chance to buy bitcoin even at the bottom line of the dip that is hard to know.

Whoever was waiting for the dip should be buying now and forget about more dips because you will still be profitable if you buy now and hodli for a very long time while you are still accumulating with DCA. Let's enjoy the dip while it last because we might not see this price anymore. Always use DCA method to buy to enable you accumulate more bitcoin because you are buying always with part of your discretionary income that has nothing to do with other of your financial expenses. If you have plans to reach your bitcoin target just stay focus more on DCA as a new investor and you will be surprised at the amount of bitcoin you will have accumulated within 4 - 10 years.
There understanding towards bitcoin investment is so low and commonly they think that bitcoin is all about buy at dip then sell high which is common for newbies. If they are always going after in this situation then provably that there would be a lot of opportunity to miss also there are more higher chance that they are embracing more larger risk especially if their mindset is for short term then they start to accumulate then the market suddenly falls for more. This situation always happen and lots of people lost their money due to this situation where they miscalculate everything.

You seem to be inside the exact wrong mindset that you are describing, since many newbies should not give any shits if the BTC price is falling and that "on paper" they are in negative territory, since if they are truly in their BTC accumulation stages, they would keep buying rather than getting worried or whining about their BTC holdings being in the negative.

The more true mistakes likely come when the BTC price goes up and there was a failure to buy enough, and yeah, some folks might not recognize those kinds of opportunity cost losses, but they happen all the time, and probably are the most common especially since an overwhelming majority of normies do not have even close to enough BTC, they are either no coiners or low coiners.. meaning that they are way under stashed in BTC and maybe they are not even trying hard enough to make sure that they are sufficiently/adequately prepared for UP given their financial and psychological status.

Market is unpredictable and those who wait for the dip is just taking wrong decision on their investment. If they just compare each situation,profit gains and losses for sure they will find everything not worth it on their side for taking those options. That's why its good for them to upgrade their learnings then proceed to long term investment since they provably can see more better result with less stress gained for doing continuous accumulation.

Yep this is what most people should be doing, which is persistently, consistently and ongoingly accumulating bitcoin within the scope of what they feel that they cdan reasonably accomplish in their budget.. and most people are not doing this.