Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
EclipseXcrypto
on 30/10/2024, 08:02:05 UTC
Everyone wants to be profitable. But currently a pump in Bitcoin has shaken the thinking of about 60% of DAC holders. Those who started holding DCA at $38k now have a clear portfolio of around 50%. And they decided not to continue the DCA, but to dissolve it. If you can afford to run DCA, I'd say it's smarter to run DCA rather than lighten your portfolio. Because experts say to continue DCA hold till next cycle.


I believe for those people, they could still continue to buy every small DIP/discount now that it's becoming VERY obvious that Bitcoin is back to surging to ATH after another ATH.

JayJuanGee, is this the actual moment where we could truly say that Bitcoin will NEVER crash below $50,000 again?
But I'm not going to say it out of avoiding any "superstitious events". Cool

Quote

So let us wait for a maximum ATH of reality without thinking


That's probably going to be $300,000 per Bitcoin this cycle, and that's not my most bullish prediction.
It's tough to say for sure , the market (Bitcoin) is really volatile and it might seems Bitcoin has established a strong base. The future holds so many possibilities and who knows we might just be on the edge of greater heights.

Investors  should always take advantage of every moments that arise because those moments when you think prices are too high might turn out to be opportunities you wish you had seized and also Those dips can really feel like missed opportunities, especially when you look back and see how much the price has changed. The market is uncertain it can change rapidly and what seems like a peak today could be a stepping stone to even higher prices in the future.

Those who were hesitating to buy during the dip at $48k - $50k few months ago might be regretting now. It just shows how unpredictable the market can be, who would have thought that seeing Bitcoin below $50k again would seem like a distant possibility. Regardless of what bitcoin price may be, our steady accumulation puts our investments on the right direction because the future holds so many possibilities of which bitcoin holds a lot of potential