Re: Buy the DIP, and HODL!

Quote from: Bravut on July 15, 2024, 06:50:34 PM

Quote from: Akbarkoe on July 15, 2024, 05:30:45 PM

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Let's stop arguing for a moment, we see that bitcoin is back up to $63k it is a very fast price reversal by bitcoin after experiencing a price drop to below $55k.

Congratulations to some people who may do DCA at that price level will be very happy for you, yesterday was scared because it had a lot of market fud that affected bitcoin to decline, Holder is winner and DCA is always a very sharp sword to get prosperity with bitcoin.
Maybe it will be a DIP to reverse the bull market again.

Well well well,your narrative is more of a Traders perspective, besides because price pump doesn't mean you project or attach emotions to that, this thread have being talking about long term view also DCAing which i believe you can't justify with just a pump, saying those who DCA at that price level are happy shows you trynna view it like they traded it from that price level.
DCAing is a continuous way of accumulating Bitcoin of which wether we accept or not results gonna be random.

Let Bitcoiners and Investors learn to move and accept the market not being emotionally attached because of a pump which relatively affect them when there is also a dump.

This thread of more of informative opinions with a long term view of the Market as we invest and not Price tracking or Trading narratives.

Well said mate, literally looking at the chart he presented mean he's monitoring and tracking the price of Bitcoin which is not supposed to be the concern of a long term hodler. Donno why some people becomes so scared when the price is falling but that shows the stigma of short term investors or traders and our interest in this thread is mainly to keep accumulating without minding the fluctuations in the price of the market. Whether the price of Bitcoin pumps or dumps that is not the concern of every long term hodler as our major objectives should be on how we can accumulate consistently and acquire huge portfolio. Always targeting the market at different intervals can only result to unrest and being emotional all the time because if the price pumps they feel happy about it but when it dumps there mind skips as if the price isn't gonna bounce back again. We all should know that the price of Bitcoin will continue to experience corrections at some point so whenever a DIP happens, we should see it as an opportunity to buy more at a DIP price instead of feeling moody about it.