Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
arwin100
on 03/09/2024, 10:14:24 UTC
⭐ Merited by JayJuanGee (1)
Waiting for the bitcoin dip is never a good thing to do because we saw how bitcoin disappointed so many investors who were waiting for it to dip to $10k before they could invest in it. If any investor is much concerned about buying the bitcoin dip.

Any investor waiting BTC to return to $10k mark before he buys, is just wasting their time and to me will have to wait even longer as Bitcoin is not going back to its past. What some investors lack is planning and to me they don't understand how BTC investment works. Why wait for such a dip, when you could buy BTC continuously using the DCA? You can also wait for the dip while doing the DCA and once an opportunity comes In the market, not necessarily the $10k you buy as many as you can afford at that time.


This is dumb thoughts of people that they really see those kind of downfall. That $10k is so dip and provably that we will not see this price to reach by bitcoin. We are not  moving backwards since bitcoin gather a lot more acknowledgement that this is good asset to acquire and it became a legal tender in one country so they provably waste their time for waiting in that situation. But its their money they are the one can decide if they want to invest now or not.

But for sure they might get disappointed if they see bitcoin hit another historical ATH since those people who doubt like them would provably try to remember those times that they still doubting to acquire . That's why its important for those people who doubt or doesn't have confidence to spend on current level to track good discussion and opinion since for sure that there's lot of learnings to get from peoples advice towards what's best thing to do if they want to start their bitcoin long term investment plan. Its not really necessary to wait for $10k dip since right now they can act and start their investment.