Re: Buy the DIP, and HODL!

Quote from: WhoYouCantKill on Today at 06:13:28 AM

Quote from: Churchillvv on Today at 03:56:36 AM

Dips are for buys

Don't know where we are going but still trying to wash of the hands that are weak in the market so don't be that week hand buy and become stronger 💪.

I guess this is our last cheap for 2024.

This thread title still remains buy the dips and Hodl..... where is the dips??? Huh

now is the dips

Investors (especially the newbies) always are advised against having to wait for a dip before buying, waiting for a dip before deciding to by could be known as attempting to time the market, which is a very wrong approach for an asset/market as volatile as Bitcoin. Bitcoin investment requires a consistent approach rather than a waiting approach.

When you buy from the dip, it will make you to concentrate on high price before you can sell to earn profit from the market, which is the reason why newbies are advise to buy from the dip if they want to earn something big from BTC. Don't forget that all figure are not equal in this industry, meaning, we have different categories of Rich people in this forum and they have different amount of money they are using to buy BTC either daily or when the dip is around the market, which you can choose anyone you want to buy your BTC but the majority of people buy BTC during the dip season and hodl for long years are higher than those people that are buying BTC daily.

Are you trying to advise newbies or investor to be buying BTC on the time, even though the price is very high in the market? I don't think that is a good advise to newbies or investors because they will not going to survive in that strategy, and those investors that survive in that strategy are those that are financially buoyant and they are ready to continue buying to accumulate BTC.