Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
SuperBitMan
on 24/10/2024, 13:02:48 UTC
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.


Buying during the DIP is definitely a good idea, But Not everyone can buy during DIPs. Everyone has their  choice of investment strategy and their own approach, its important to stick to what aligns with your aims and the available funds at your disposal for accumulation. A lot of folks prefer the DCA method to accumulate consistently because it saves you from market timing stress.
Yeah buying during the dip is a good idea however one should not wait for a dip to happen before he or she can start there Bitcoin accumulation because waiting for a dip is a waste of time and it will delay your accumulation journey, have you asked yourself what if a dip don't happen or what if it happens in the next 3 to 5 years.
Is better you use the DCA strategy and start accumulating weekly or monthly and then if you have a reserved funds you can decide to use it to accumulate more Bitcoin when ever there's a dip however before using your reserved funds for that make sure you have an emergency funds and float funds so as to help you when you are in need of financial assistance in other to prevent you from dipping hands into your Bitcoin investment.