Quote from: Sobz on August 09, 2024, 01:40:06 PM

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.

The bitcoin market is for the wise and smart investors, investors that make good use of any opportunity that comes their way when other investors are scared of losing and selling during a dip, the smart ones immediately buy from them and add to their portfolio. In cryptocurrency, the value of a token continuers the decrease as more people sell off the token, as you sell more of your bitcoin as the market dips, you’re making it for other investors to get it at a more lower price to buy more. Having a knowledge on bitcoin is one part and applying the knowledge in markets uncertainties is another thing you should also be good at, because you’ll always not see the opportunity and will always blame it on someone, or the market, or bitcoin just to help compensate for your losses which is not appropriate and could have been avoided earlier by applying the right approach to it.

Quote from: Kelward on Today at 09:08:24 AM

The main reason why we buy the dip in Bitcoin is because it's a long term investment and the longer you hodl it your return on investment will keep increasing. It's a volatile asset and that means that it's price will always pump and dump because of the forces of demand and supply,. But the uniqueness of Bitcoin is that it's pump will always be far greater than it's dump on the long term, leading us to see new ATH prices in the future. During price dip is the best time to buy Bitcoin and hodl it, don't worry or panic about it's fluctuations on the short term, focus on bull run when price will skyrocket. Ofcourse the best strategy for buying Bitcoin is doing DCA method, by this you'll keep buying for the long term and your ROI will keep increasing.

Coming to a point where you’ll want to use the dip to buy bitcoin or use the DCA method to buy bitcoin is not something you should be contemplating on which to go for. They are both good methods of accumulating bitcoin and both have their advantage and disadvantages over each other. You should always look at the advantageous aspect of each when wanting to use any of the methods to accumulate more bitcoin. DCA should be a method you’ve already employed and have been using from the time you decide to start investing in bitcoin. Overtime, when the dip arises, you can now take advantage of that to buy more when you have maybe some reserve funds to get more of the bitcoin during the dip. The dip comes in handy and sometimes one may not have the resources needed to buy at dip, so trying to balance them up is now left for you without inconveniencing yourself.