Quote from: Y3shot on Today at 08:38:34 AM

Quote from: Promocodeudo on July 09, 2024, 08:32:30 PM

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.

You must not wait for the market to go dip before buying bitcoin, any one waiting for the market to go dip it means the person doesn't understand how bitcoin works. If eventually the markets goes dip it is a good thing to buy and never to miss the opportunity but waiting for the market to go dip can be seen as greed, lack of understanding because you can't predict the market. It is possible when one buys the market can even than what you expected, and the increase is a gain. When you buy bitcoin their will always be an increase, I don't see any reason to wait for the dip to occur to buy bitcoin. One thing I know for sure is that the dip is something that should never be miss when it occurs and should not be a reason why one is waiting for to invest in bitcoin first because it is unpredicted.

That is the truth. It is not possible for anyone to predict Bitcoin's price. There are some set of people who are always trying to predict the price of Bitcoin, but the truth is that they are just guessing the price of Bitcoin is due to various things happening around the world, such as inflation or fighting Between two countries. However, they are always getting it wrong many times. Bitcoin is not controlled by anyone, so I wonder how someone can just predict the direction of Bitcoin. Bitcoin's value is a decision of many people, as people are buying, others are selling. The truth is that nobody can accurately predict how many people will buying Bitcoin in a particular month or year and applicable to selling so to know whether the price is going down or up.

So, the best thing for someone who wants to invest in Bitcoin is to not always wait for a dip because it can make them miss the opportunity to invest at the right time. Instead of waiting for a dip, people should consider using the strategy of Dollar Cost Averaging (DCA), by buying a fixed amount of Bitcoin weekly or monthly. I believe that method will provide the opportunity to buy at different prices instead of continually waiting for the market to dip.