Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
AirtelBuzz
on 08/10/2024, 11:32:28 UTC
⭐ Merited by JayJuanGee (1)
There are two things involved when one Procrastinate to buy bitcoin, you may think the price will come down the way you wish in the future but it can come to your surprise the price will even increase more compare to before and when you really want to buy you may not have enough fund with you to buy because of so many other things you need to meet up with.
This may be why investing in Bitcoin is tempting to buy immediately. As per your point if a person thinks that bearish season might be the best for bitcoin investment, if they are constantly waiting for this opportunity they will buy bitcoin at low price. It appears that the market is suddenly bullish causing them to fail to buy Bitcoin as they sit for that opportunity. The time they foolishly waited for never comes, leaving them with nothing but regret when they see the price of Bitcoin rise to great heights.

We may all have heard of the company MicroStrategy, MicroStrategy CEO Michael Saylor commented that,
MICHAEL SAYLOR: “There’s never a bad time to buy Bitcoin. https://x.com/SimplyBitcoinTV/status/1843313462384202077?t=d7faaaO5AEZKqggb34NN9g&s=19

That is, if we see the increase in the price of Bitcoin and say that maybe now is not the best time to buy Bitcoin, on the other hand, seeing the dumping situation in the market, we can think that maybe the price will be more dumping. This tendency should be removed from us. So that we are eager and eager to buy bitcoin immediately.