Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Sobz
on 09/08/2024, 13:40:06 UTC
⭐ Merited by JayJuanGee (1)
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
Absolutely adultcrypto, the market has been full of opportunities for accumulating Bitcoin with all the market movements happening. It has been rewarding both DCA'ing and those buying the dips. But some folks refused to view it on this manner they prefer to complain or some people focus on the negative thoughts during dips instead of seeing the opportunities presented in the market for investors DCA'ing and those buying the dips. Trying to predict the market is very stressful, that's why Sticking to a DCA strategy especially when the market behavior is very unpredictable. Buying and HODLing bitcoin is the best way to go, it allows the market display and unfold different circumstances why you stay focused in accumulating and increasing your holdings  believing in the potential growth.
For those who sells their bitcoin out of fear when the market falls it means the market is not for them. If everyone decides to hodl bitcoin when the market dips bitcoin may become scarce for investors to buy more to hodl, atleast when the market goes dip we have investors who are ready to sell to investors who are ready to always take advantage of the dip of the market.  Buying bitcoin and hodling it is a good investment plans that is why investors who have the understanding of buying bitcoin won't allow the opportunity to go of their way. I don't blame people who sells their bitcoin when the price falls, this happens because no better understanding of bitcoin. Accumulating bitcoin to hodl us for those that understands bitcoin better and not for people that are trying to make quick profit.