Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 21/12/2024, 07:21:03 UTC
With the holidays being here I don’t think people have a lot of dry powder to throw at the market right now. A shame because I don’t think we’ve seen the high yet for this cycle. It does seem like a possibility that this could be the last chance you will get to buy Bitcoin below $100,000 for possibly several years.
But $100K has been a worth high value to boost about especially for those who has earlier invested and has been holding up to this price of $100K 😁.

I duly agree with you that buying at $100K might be a welcomed opportunity for accumulators and beginners because with the anticipation of Bitcoin future market, there will be those to regret why they never bought at $100K but was hoping for a dip because they could buy.

So with the fear and excitement of what is coming ahead, the FOMO therein should not be about selling off but to hold so that we don't missed out the future trends.
Otherwise, $100K could be that Dip to buy and as the plebs got no choice than to buy and hodl
Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.
Even though bitcoin is a little bit high now, it is not yet expensive, so many investors can accumulate it with the DCA strategy and still accumulate a reasonable amount of bitcoin if they are consistent in accumulating bitcoin, so stop spreading panic so that the newbies in the house will not be discouraged in accumulating bitcoin. We have seen bitcoin achieve a new all-time high of $108,135, so seeing bitcoin at this current price is a giveaway price that any investor who has enough money will like to buy bitcoin now because nobody knows if bitcoin will be at this price again. And if there are investors who listen to your advice and wait for bitcoin to go below $97k before they can accumulate bitcoin, they will be living in regret by now because bitcoin has increased to $98,608 as I am writing this post.