Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
SuperBitMan
on 20/12/2024, 14:48:28 UTC
⭐ Merited by JayJuanGee (1)
I think some people really get emotional for a while when they don't have more money to accumulate bitcoins. Amid the current major correction, this should be a valuable opportunity to buy and accumulate. Unfortunately, some of them may not have spare money that can be used at times like these. Buying when prices are dip is a good strategy, but buying when prices are dip of dip is always better, which means DCA makes it possible.

I don't know how low the price will correct today, but I don't think it will go lower than $95k. Recovery is expected as soon as this panic subsides and today's close is expected to be over $99k. In the last 24 hours, the price has fallen by 4.5%, this is not always considered a bad thing by those who can take advantage of the opportunity.

The price of Bitcoin is at 97k and there is nothing to worry about this small correction. Bitcoin is fully bullish and it won't stop it's upword trend in near future.

Those who already have accumulated bitcoins can wait for market to settle. There is no need to panic if you are out of cash since bitcoin gives lots of opportunities to buy. If you haven't bought any bitcoin then entering bitcoin at current price will be a bit risky.

This are wrong advise I disagree with you, firstly it's wrong telling people who are already in Bitcoin accumulation journey to wait till Bitcoin settle if I may ask settle for what exactly, Bitcoin having a dip didn't start today it's part of Bitcoin growth people who are already accumulating Bitcoin should continue, infact this is an opportunity for them to accumulate more Bitcoin with less price since there's a dip and not for them to wait.

You are wrong for saying if someone haven't bought any bitcoin then entering bitcoin at current price will be a bit risky, I totally disagree with you because there's no best time for someone to start accumulating Bitcoin, if you see now as a bad time to start accumulating Bitcoin then you really don't understand Bitcoin and how it works and you have no idea about Bitcoin and it's history growth.