Quote from: Justbillywitt on Today at 06:21:42 AM

Quote from: As-Soon-As on October 23, 2024, 11:08:37 PM

Quote from: Greyhats on October 23, 2024, 10:09:57 PM

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.
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.

This is one of the most lame post I have seen for a while now. You are sounding as if bitcoin is operating according to your timing and you can control the market at your own will, to know the right day and time to buy the right dip. Lol..You ain't even sounding as if you are speculating, rather you are talking with all boldness that there will be another dip on the 25 of this month. If you possess this power, you would have become the richest bitcoin investors in the world by now. Which one is the right dip if I may ask? You have to be plain when making use of certain words because we have newbies and learned minds here, so don't confuse yourself. Bitcoin dropped from $69k to about $65k and you think that's not dip enough, in a bullish month like October. And you are waiting for the right one according to you. And to make things worse, you even gave a time for that to happen? So you are trying to tell us now that any price that bitcoin will be tomorrow will be what you call the right dip? Going by your little brain. Another thing is that your emergency funds isn't meant for buying the dip, because the dip is not an emergency.

I actually commend you for for putting him in his place, no one is certain of what tomorrow brings, so he shouldn't be saying what he said, and to me, they are all wrong.

Then as on the aspect of waiting for a dip before making a purchase of Bitcoin, I really do think it's a wrong strategy of accumulating Bitcoin because by waiting for the price of Bitcoin to go deeper you might miss a whole lot of buying opportunities that presents itself, so it's best to buy Bitcoin now regardless of it current price, because we are still in it early days, it's still very cheap considering how much it's going to be in like 10 to 20 years time from now.

And as for the emergency funds, bro you were actually spot on when you made it very clear too him that it's not meant for investing, it's only purpose is to serve as shield against anything that will make you temper with your holdings, not for investment of any kind.

Then lastly, concerning the statement I made bold, I actually don't think it's necessary, you don't have to be abusive when correcting someone, I believe that we all are still learning and correcting him was actually the best thing you did, but abusing him in the process is actually not nice.