Now I'm curious to know the sentiments of other people waiting for the dip if they are really accumulating at this situation. Fear towards more dumps provably spreading and if we could see lots of statements saying that they wanna buy more because they already see a perfect opportunity which they are waiting.
Some got panic in this situation since we can't deny that this current dump can really bother us especially if we look our portfolio.
So what's best for now is to continue their accumulation and just ignore the panic done by lots of people. If they can accumulate that's good since for sure that those dump is just temporary and they might struggle to see bitcoin touch at $50k level again if bitcoin price recover.
What are you prepared with reserve funds to buy now it is time for DIP because bitcoin has fallen 20%, if there is no then continue weekly accumulation maybe that's the best way for middle people like us.
Who doesn't panic, everyone will panic seeing their portfolio falling deep, but then again investors the goal is not now this is not the end of everything, surviving will be better even the 4-year plan for hodl is still long then it can be to get through the current situation.
What is panicking now is that traders are going "long".
An investor will remain safe, will not be liquidated if he does not sell.
Hold on! Buy now.
Great words, I do think we are going to see some dips in the near future (because of the geopolitics, US news about the job market (we already felt that, but there can be more to it), and much more, the elections aren't done yet as well), and this should be seen as an opportunity, for all people involved. Spot will lead the way, in my opinion, and the red I am seeing now won't stop me and my course of action. It's our nature to panic when the ship starts shaking, however, those who are brave enough and go with the sea waves enjoy their place under the sun.