Currently the dip is going on, so we shouldn't be researching prices, we should be hoarding bitcoins. Because if we accumulate bitcoins now, we will benefit later because if we accumulate bitcoins now, we will be able to accumulate more bitcoins later. We will only think about how to accumulate bitcoins, because the price that bitcoins are now is what it was in the past.
So the Bitcoin price won't bother us, and we won't be bothered by it either. Because the price of Bitcoin will hit even higher levels in the future, it is most important for us to accumulate Bitcoins and plan long-term holdings.
What we have been experiencing is a temporal dip but as it stands now their has been improvement in the price and thats a good
sign of a rekindled hopehas anything serious happened that could be a course for alarm or that could make anyone loose hope in Bitcoin? The correction we saw is even too minimal and irrelevant to have made anyone lost hope in Bitcoin for any reason. If you where doing a monthly DCA of $100, what you saw as a correction wouldn't make any difference of more $5 to your advantage for buying below $60k or buying now that it's above $60k.
I feel that most of those that are complaining of the slight correction are people that haven't really made up thier minds to continue buying till they've reached a comfortable point and are just looking for a minor correction as an excuse to hook up on as the reason why they stopped buying or became inconsistent with thier buys.
from late last year till now the market has been in such a way that once it drops in the next few days or weeks it will rise, I think this should tell us that something is fishy and soon we will get to know the good news, as for me I always know that Bitcoin investment is a continuous process that is profitable in the long-term as such missing a moment is not an option for me and as far as I can afford little I will continue doing the needful.
having the basic knowledge of demands and supply tells you the factor that's responsible for the volatility of Bitcoin and once you've known that, there is no reason to become worried even when you witness a
Minor or serious bear or correction.