Quote from: Miles2006 on Today at 09:22:29 PM

Quote from: SOKO-DEKE on Today at 03:40:43 PM

Quote from: Rabata on September 28, 2024, 12:02:38 PM

When Bitcoin dips in the market, it will be seen as an opportunity for some. But if one waits only for that dip he may not find that dip. Investors need to remember that it doesn't matter if Bitcoin dips or not if the intention is right. Those who want to increase their Bitcoin accumulation will definitely be able to increase their Bitcoin accumulation in the long run if they keep accumulating Bitcoins regularly. Investors should keep in mind that many investors have failed to deposit their bitcoins just by waiting for the dip. Since you never know when bitcoin will go up and when it will be bullish, the best strategy is to accumulate bitcoins not dips.

Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.

Bitcoin investing requires consistency and regular buy so when people centralize their thought on buying the dip only doesn’t sound okay. Buying bitcoin dip is okay but we don’t know when the dip will come and what will happen to our financial status during the period, holding fiat just because of bitcoin dip is only reducing one chance of benefiting since fiat don’t have much value compared to bitcoin. I love the dca strategy because it can be used during the dip at any time gradually accumulating bitcoin till when there’s enough to buy dip, As mentioned before bitcoin investment requires long term planning for better portfolio.

Usually people got hook on the idea on the idea that bitcoin investment is pretty basic like they are just going to buy at the dip then sell and high price then get a profit. But technicalities speaking those situation they are looking for is not actually always possible. If they are looking for those situation then its like they are doing a risky game in trading.

If they just look for other more opportunity they can avail on bitcoin then provably that they could figure out for themselves that there's more better than trading which is holding. Bitcoin is good for that and it proves for many years already that people hold their bitcoins gained from it and those who trade without good knowledge or usually lose their money. Consistency and strong belief is important since without having this there are certain events that could change our minds so learning thru the whole process is important since this will give the investor huge chance to succeed on his long term planned with bitcoin.