Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
promise444c5
on 09/07/2024, 23:08:50 UTC
⭐ Merited by JayJuanGee (1)
buying when the market is dip is the right approach for an intending and existing bitcoiner but if you can't wait till the market dips, buy the liitle you can to avoid  squandering the funds meant for the said investment.

For a newbie buying the dip shouldn't be their main focus, just DCAing their way into profit is the right approach...Fine! Dips can be bought along with the DCA plan without any hinderance if there's a disposable funds for it without neglecting emergency fund,for example now is a good time to Buy the Dip but with DCA newbies don't need to worry about any dips because it covers either " Dip  or not " market.
Quote
You don't expect a newbie that does not understand how the system works not to be worried about the price of Bitcoin
I'm used to saying this a newbie should ask his/herself  that I'm I in for a long term or short term ( the down won't hit hard at some point)...