Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Sim_card
on 20/12/2024, 17:43:43 UTC
The problem is never being afraid of the recent decline in price, but the problem is not having something to throwing in. Though, we can never know the perfect time to get in, but I feel I've made my moves too early in the beginning of the week. Still following my strategy though, but damn, what an opportunity that would have make a perfect sense to be part of.
You shouldn't bother or worry yourself too much that you couldn't buy now that bitcoin price is on the dip because you don't have the money to do so. As long as you keep your bitcoin accumulation ongoing with your regular DCA, it is cool. Buying at the dip is for those people that have prepared for it by setting up a reserve funds to buy at the dip.

Those of us that have collected our Xmas bonus or is about to collect, there is a dip for you to take advantage of and increase your bitcoin stash with your extra cash.

I think we will see the market stable or bearish until the end of January 2025. If we follow the previous statistics, we may see a big pump in February or March.
Past history does not guarantee future performance, and if you look at this circle it's special from the others with the events that took place which helped bitcoin price to pump to $108k before the end of 2024. We might still see bitcoin price make a new ATH before your predicted time, because no one knows what will happen next in the market. Don't forget that Donald Trump inauguration will be on January 20th, we might see a new ATH before the swear in or after.