Quote from: Sobz on September 14, 2024, 05:13:09 PM

Quote from: Ambatman on September 12, 2024, 09:45:02 PM

Let's be honest
A person who's only concerned about the dip should be considered a trader
An investor doesn't just wait for the dip
They have a target and a plan in making their investment.
Pick a project(Bitcoin) you trust with a great future and accumulate rather than waiting for dip to sell the top.
Yes once the dip comes buy not because is a dip but an opportunity to get cheaper especially if you have the spare funds.

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Whoever thinks the dip is only the right time to invest in bitcoin can never invest bitcoin

That might not actually be the truth technically, in the sense that some people might be ignorant about some certain things in life. Not that they don't want to learn new ways of doing things but they lack the opportunity to learn at that present time. That being, there are actually people who think like that out there, who once had such thoughts in the past, and went on to still become successful Bitcoin investors. It was later along the line that they began to realize that there actually better ways of doing things when it comes to Bitcoin investment.

Most of us are privileged to be in a forum like this that we have access to knowledge that's shaping our investment decisions and Bitcoin awareness. So I think sometimes we have to consider the possibilities of others who are not as privileged as we are. People who only make Bitcoin deposit to their portfolio when they see a reasonable dip in the market let's say 10 to 20% dip. Still they are holding bitcoin for long term. That they are doing it that way doesn't make it the right thing to do, but I'm just using this illustration to let you know that there's every possibility that people who think like that can actually invest in bitcoin and hold for long.

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the dip will also be a threat to hodl bitcoin.

This statement is not true, and I quite disagree with you. The dip can never be a threat to holding bitcoin, because there is actually a strategy of bitcoin investment that's known as buying the dip. I don't see how the dip will be a treat of holding bitcoin. Someone who see the dip as a threat to holding bitcoin, don't actually have the mind to hodl Bitcoin for long term. The person is just looking for opportunities to be making little bucks from Bitcoin trading. Someone who is really interested in holding bitcoin will see every dip that comes along the way as an opportunity to keep adding more to his portfolio, in line with his constant DCA weekly or monthly.

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Some people believe the dip is good for them to buy bitcoin but also see the dip as bad to their investment.

This is basically the characteristics of most Bitcoin investors. People derives joy when they can actually achieve more at reduced price. But they won't be happy seeing that the market is down But they have also forgotten that the market is equally giving opportunity to others to come in. Especially to those who are of the opinion that bitcoin price is currently too high for them to come in.

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To be able to hodl and be successful in it one needs to grow the mindset to see the dip as no harm, it is only an opportunity to buy bitcoin.

That's why long term investment is encouraged for all level of investors. I'm quite aware that long term investors actually see Bitcoin the way you described it here.