Post
Topic
Board Bitcoin Discussion
Merits 9 from 3 users
Re: Don't Be scared Use this Dip as an opportunity to HODL more.
by
MAAManda
on 05/08/2024, 08:28:09 UTC
⭐ Merited by pooya87 (4) ,Husna QA (3) ,Pmalek (2)
Don't let FOMO put you in a position to panick and sell off your coins instead take this dip as an opportunity to HODL more coins by buying from scared HODLERS.

Condition A: I wanna have bitcoin, but the price is currently high (e.g. $60K per Bitcoin), maybe I'll look at it in the near future, who knows, I can buy it at a slightly cheaper price.
Narrator: In the end he didn't buy it and waited to get it at a slightly cheaper price according to him.

Condition B: Wow, now the price of bitcoin is going down because of some bad news, but I think I should still monitor it, who knows maybe I might get a cheaper price than the current price (e.g. $50K per Bitcoin).
Narrator: Look at this fool, he already got the conditions he wanted, but he still wants more.

Narrator: Now that the price of Bitcoin (BTC) is around $100K, I think he has already made a huge profit from buying Bitcoin.
Condition C: Dafuq!!! Why didn't I just buy it when it was $60K (Condition A), I don't care about $50K or $40K, what I wanted was Bitcoin, not buying it cheap.

Above is a short story about people who assess Bitcoin in terms of value in FIAT, whatever Bitcoin's price is now, it will not lose its value in the slightest, 0,2 BTC is still 0,2 BTC no matter how FIAT views Bitcoin's value. Make this price drop as a new opportunity for us to accumulate more Bitcoin (BTC).