Quote from: Rabata on Today at 11:33:05 AM

Quote from: Odohu on August 01, 2024, 09:03:23 PM

I think the market just offered us another opportunity to buy, buy and continue to collect more Bitcoin at a very reduced price. This does not come as a surprise to me though because I expected some corrections from ending of July to August but this will begin to change as we approach September, a month that is always seen as a positive month for Bitcoin. Both those using the DCA method and buying the dips have the chance to take advantage of the drop in price. This is not the time to panic but time to take actions that is intentional.

Yep, every dip is an opportunity for Bitcoin holders. Those who take advantage of that opportunity will be ahead of the expected run in Bitcoin. There are many who look for dips but not everyone gets the chance to buy from that dip. Since there is no advance information when this dip will occur, there is no option but to wait. Currently there is little dip in Bitcoin price. This time for investment must be taken lightly. The big difference between an experienced and inexperienced investor when it comes to Bitcoin investing is that an experienced investor tends to capitalize on any dips they find, while an inexperienced investor looks for more dips. The most profitable investors who focus on doing DCA. They give utmost importance to Bitcoin Accumulation at any stage of bullish and bearish.

Yeah its good if they catch up the dip, but actually its not really necessary for bitcoin holders to do since sometimes it will just bother their focus especially for following their plans. Since imagine you keep waiting for the dip but it didn't came since bitcoin keeps recovering. That situation will totally destroy the investor focus and they might think about selling their bitcoin its because they afraid to accumulate again since the dip might crash them. This scenario made me think that people waiting for the dip to accumulate is not actually totally committed on the investments they are entering and maybe they came here because they are hyped with the idea that they can earn for long term. But they cannot handle it well since they don't have enough patience and easily got freak out by negative sentiments spreading that's why they usually lose.

Its important for long term investor to think about buying even if we are in bullish or bearish situation since this could help them get a lot of bitcoin which can be useful or could able to give them good profits in future.