Re: Don't Be scared Use this Dip as an opportunity to HODL more.

Quote from: Mia Chloe on August 05, 2024, 07:46:32 AM

For persons who trade many would check out on charts and be of the opinion that the market is dipping to likely mitigate some fair value gaps and Order blocks left behind from the most recent bull runs.
For alot of persons, including those who are new to bitcoin, panicking is inevitable and if you really want to HODL I think it won't be necessary. Don't let FOMO put you in a position to panick and sell off your coins instead take this dip as an opportunity to HODL more coins by buying from scared HODLERS (be a smart trader lol I mean be a SMART HODLER Grin

) .
I Suggest you sit back and watch the dip fade off.

Your thread is very comforting especially for new investors in Bitcoin who have heard that after halving comes bull run. Many of them that have not researched or been told about how Bitcoin works will definitely panic when they see the value of their Bitcoin diminishing on the Blockchain. Many will rush and sale at lose to recover some of their funds thinking that the dip will continue happening while experienced hodlers will use the opportunity to accumulate more. Correct knowledge of Bitcoin is very important for every hodler. If not for the knowledge that I've acquired about Bitcoin volatility, bull and bear seasons I would've been panicking now because this is my first circle experience.