Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Samlucky O
on 24/10/2024, 02:45:12 UTC
⭐ Merited by JayJuanGee (1)
Hope everyone bought the dip, might be the last time we see 65k for a while!

Due to lack of funds and dip wise my investment did not come due to which I could not purchase. But I have my dip purchase date on 25,10,2024, because the emergency fund I had is very small. 
Are you presuming to use emergency fund to buy bitcoin? I guess what you mean is discretion because emergency fund is not for investment but regularly set aside for unfuseen circumstances. And Morover buying the dip should not be fixed as you said that you have your date. What if bitcoin doesn't dip that day or that week? Buying the dip as far as I know has no fixed date but could be bought anytime there is dip provided you have discretion fund readily available.

So currently could not buy this 65K dip at most, only 2 more days will be available so I can buy the right dip at the right time.
There is no point regretting on missing out on a particular dip because dips never end. Surely more dips will come and may even come at your advantage than the previous. Sometimes we regret to have missed a dip of -%10 today not knowing that it might dip by -%15 tomorrow. Since bitcoin is volatile there is no need to worry much if previous dip has passed or not.