Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 11/12/2024, 04:45:25 UTC
Buy and HODL only the REAL Bitcoin, BTC, BTC
Wind_FURY don't you think that this is the right time to change the subject to "Buy Bitcoin and HODL" because i don't see the price of Bitcoin DIPPING anytime soon considering the fact that $100k has been reached, and the price may not DIP below $90k because since it got to $100k, there has not been any major corrections which means that a lot of investors are still holding their Bitcoins. Moreover, at the price of Bitcoin now, we can't call it a DIP price anymore because it's damn expensive, if a DIP will happen it will be after this bullish cycle and we enter into a bearish market, maybe until then you can change back the topic to "Buy the DIP and HODL.

I know that since Bitcoin has gotten to $100k, the next rally is $1M which is to say that anyone who buys Bitcoin now still bought at a cheaper price but it may take a long time before the $1M milestone will be reached.

Your suggestion hardly makes any sense.

This thread was started during an upwards trend in the price, so the suggestion back then was to buy any dip that happens, while the TC price was seeming to trend up, and in fact between the beginning of April 2019 until the end of June 2019, the BTC price went from $4,200 to $13,880, so it is was quite a ride during the first three months of this thread.

Even if we are in price discovery territories, there can always be dips, yet anyone brand new to bitcoin should not be focusing on buying dips, but instead focusing on buying bitcoin regularly, persistently and consistently,. whether it dips or not for the next 4 years or more.

There are always going to be contemplations from newbies how they engage in their BTC accumulation strategy, including questioning themselves whether they should wait to buy dips or to just buy regularly, and surely many of us might not even necessarily agree in regards to which BTC accumulation strategies to follow.. while at the same time, it seems a bit schizophrenic to be changing the name of the thread based on BTC market dynamics or perceptions of market dynamics.