Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 12/11/2024, 03:42:11 UTC
Newbies at the moment might be thinking "what if" I know that's what most will be thinking and no  doubts the market is more in a upward trend but that's not the focus , it's always been so the what if a retest shouldn't be a concern unless you're in for a gamble .
What I'm just going to say is "same way you have the 'what-if" --negatively, think about the "what-if" --positively aswell".
I doubt that newbies need to extensively read the thread in order to participate in the thread, yet sure it helps that they at least read through some of the posts rather than just asking vague and basic questions that appear that they have done shit all besides saying that they "thought about the topic." 
The thread is straight forward  even from the topic but the topic is currently " Buy the dip and hold" so there should still be some stuffs to learn about holding  small dips can be bought also , all  price entries are not bad .

Yes.  You need to figure out what you are going to do, and if buying the dip fits into your own situation.

According to your forum registration date you have been in bitcoin for about a year, so do you consider that you have accumulated enough bitcoin to change away from a DCA strategy or a persistent, consistent and ongoing accumulating of BTC through buying?   

If you have a lot of discretionary income you have more various ways to divide it up, and if you get lump sum amounts of extra cash coming to you then you also have more options regarding how to treat those lump sums.

Why don't you describe a hypothetical of someone who has been in bitcoin for a year and try to describe a situation in which it would make sense to employ any kind of a waiting strategy rather than a buying right away strategy?

You sound distracted by price, and you have only been in bitcoin for a year?  Or did you start out with a lump sum investment into bitcoin?  I still have troubles imagining scenarios in which you should not be mostly just consistently, persistently and ongoingly buying BTC.

What are your current plans in regards to how much dollars you are planning to hold aside for waiting or buying on dips that may or may not end up happening?