Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Obim34
on 01/11/2024, 16:49:01 UTC
People look at the value of Bitcoin for a number of reasons.  Paying attention to the Bitcoin market does not mean that recruiters sell Bitcoins.  Checking daily prices means finding a very good time.  This reduces the stress of long-term holders and increases common sense and motivates them to invest in Bitcoin, as well as they can relate to market dynamics. Bitcoin market is very volatile in nature, it can go up in a short period of time and fall in an instant.
Kindly explain what you mean by RECRUITERS? Whether we like it or not there are people who keep selling part of their Bitcoin, as soon as they hit profits or probably the milestone which they hoped on. Bitcoin has been for about 15 Years and these set of investors are likely beginning to take their profits, an investment that has lasted for about 7 Years+ is due to take profits and if they like, then nothing should stop them.

DCA has made it a lot easier going through various emotions of checking prices and finding the right one to begin the purchase, at some points you might miss out purchasing at a lower position because you wanted something below what you had. Specifying a direct interval to  purchase your investment is likely to save up stress, increase the potentials of holding longer without zeal of having enough and make good use of Bitcoin volatility to get more profits.

People look at the value of Bitcoin for a number of reasons.  Paying attention to the Bitcoin market does not mean that recruiters sell Bitcoins.  Checking daily prices means finding a very good time.  This reduces the stress of long-term holders and increases common sense and motivates them to invest in Bitcoin, as well as they can relate to market dynamics. Bitcoin market is very volatile in nature, it can go up in a short period of time and fall in an instant.
For people who like to Buy the Dip and Hodl, I think they will not be too affected by the very volatile Bitcoin market conditions because in the end they can also be very happy when they see the Bitcoin price almost touching a new ATH level again at the end of this year. We can all imagine how happy those who are still holding Bitcoin until now who may have bought it at a lower price at the end of last year are. And I think for now there are not many people who are stressed except for people who have already released Bitcoin into the market in large quantities at a slightly lower price.
The purchased DIP of that investor might turn out not to be the absolute DIP through the whole bearish season and this always be the calculation of those who prefer the DIP and Hodl, nevertheless it is also a recommended strategy that can aswell be done by those who consistently DCA, just taking advantage of the DIP and possibly looking to have a larger portfolio than only the DIP kind of investors.