Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Publictalk792
on 08/08/2024, 01:56:10 UTC
The bitcoin market have been generous to investor this year both those using the DCA method and those buying the dips, none have been left behind and all of them have had the opportunity to buy as much bitcoin as the desire. As of this moment, I don't this moment I don't think there is anyone that will feel left behind yet unless those still sitting in the fence or those weak hands that panicked and sold when the market started correcting. Those are the true losers that might end of regretting when the market is fully recovered. I will continue to maintain my DCA method to take full advantage of this golden opportunity the market offered us again to buy bitcoin around $50k, a price I thought we had passed and was not coming back to. The market behavior also made me realized that the mistake people make trying to predict the market is really a terrible and unnecessary one. The focus should always be to buy and HODL and allow the market develop accordingly
Yes I also think bitcoin market has been good to investors this year. Both people who invest little at a time and those who buy when price is low have been able to get bitcoin. But people who sold when price went down or are still waiting might be sorry later. I think it is best to keep investing little at a time and holding onto bitcoin instead of trying to guess what market will do. This way we can benefit from long term growth of bitcoin. Right now the price is around $57k which is a good time to buy.