Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Shadiq
on 31/07/2024, 17:10:34 UTC
⭐ Merited by fillippone (1)
I'm thinking of the situation from the current price level. Because if Trump does create a Bitcoin Strategic Reserve on 2025, and that does start a Domino Effect of adoption, then I believe the next large DIP will be in a price that surged to something higher - to the DIP of $150,000. If that's true, then why should we wait for a DIP from the current price?
Well, the market is unpredictable right from the beginning but if anything can influence the price of Bitcoin it really means that now is the perfect time to keep on accumulating Bitcoin aggressively because from this current price range, accumulating up to 0.01BTC (or more) right now would not be bad (depending on the investor actually). So that ones Bitcoin skyrocket to $150,000k there will be a lot of profits on our portfolio.
However, it would be better if an investor take the advantage of the DIP, no matter how how much Bitcoin DIPs it's important to see that as an advantage to buy more, because no body knows if the next bear will be another ATH. There is no much risk on Bitcoin investment, the only thing I see as a small risk is just the fluctuations of the price, but I have believed that in as much as Bitcoin is concern, no matter how the price is low it will definitely increase again.
Yes, price fluctuation is the nature of Bitcoin, Bitcoin has been a highly volatile coin since its inception. A look at Bitcoin's history shows how volatile it is, but no matter how much it fluctuates, from time to time Bitcoin shows a pump and breaks all-time highs. So fear not, no matter how much it dumps, in time it will definitely cross 120K with one pump. And at that time, those who panicked and sold holds during the dump will regret it. So believe in Bitcoin, and no matter how much the price goes down, you just keep buying and holding. Holding Bitcoin is risk free, and selling on fear is high risk. So hold without fear, there is no risk in holding, rather it will give you more profit.

We all know Bitcoin is a volatile currency. Price dumping and pumping are familiar forms of Bitcoin. Selling savings as they are dumping prices can be considered a bad decision. Investors need to be advised to be bold before giving any advice. The lack of courage to fear dumping can lead to regrets and potential losses. So if you dump the price of Bitcoin, it will definitely pump again, try to hold it instead of selling it out of fear.