Quote from: Dailyscript on October 03, 2024, 05:39:17 PM

Quote from: bubilas on October 03, 2024, 07:26:04 AM

In the world of cryptocurrencies, it is very funny that this phenomenon is new in the world, and all the experience that we have in this area is unique and new. And it is cool! It is like we are pioneers. And it turns out that because of this, no one can predict anything in terms of the course of the Bitcoin price. Of course, you can compare attempts to guess the price of Bitcoin with stock trading, but I believe that these markets and their laws are not similar at all. Therefore, everyone buys for their own personal reasons and sells for them.

However, I am not buying Bitcoin now. The title of our topic indicates DIP, and I expect this bottom a little later, and I will buy more Bitcoin then.

What is being discussed here is beyond more than just buying dip. You can choose to learn new things here and get ideas that will benefit you in your investment. The choice is all yours whether you choose to wait for the dip or not. However, the thread did not focus on waiting for the dip because it is a bad idea. You can buy the dip even when you using DCA or any of your preferred strategies to invest. If you have been in this thread for quite some time. You will notice that many do emphasize not waiting for the dip before you start investing because if you do so you may never see the dip for you to buy and that will leave you no choice but to procrastinate in starting your investment.

You may be thinking that buying Bitcoin now is too costly for you and you could buy it lower. But there is something you should know about the market. The price now can be considered to be a dip in weeks from now, months, or years. And you start regretting that you could've bought now when you can. All Bitcoin prices in the past, all of them are not considered to be a fair price for buying so it is now. The best time to start buying Bitcoin is now as long as you can afford some fractions and gradually you will see what you will have in a a year or two. And that is the purpose of this thread. Bitcoin has gone through these prices, $100, 10k, 20k, 30k, 40k, 50k, and so on. All of those prices were considered so high then while people were buying without looking at the price some like you waited for the price to go down more. Now look at it it's better than what it was then. The same thing is possible to happen. So either you start investing now or you live to regret it later. It's your choice to make, dont be forced.

After reading more replies in this thread I realized that the discussion here goes beyond just buying Bitcoin, and the main accumulation method is DCA. Thanks for your clarification and patience in explaining, it's a pity that not everyone can treat newcomers in this thread so well. Well, as far as I understand, the DCA method has an interesting aspect regarding the fact that if you buy Bitcoin every month, then all such investors will still have different results, because there are thirty days in a month and, for example, two HODLers will have different results due to prices.