Quote from: Tmoonz on Today at 08:14:46 AM

Quote from: Samlucky O on Today at 05:52:47 AM

Quote from: Tonimez on December 21, 2024, 09:20:35 PM

Buy the Dip to me is only an anthem for Newbies who are still buried in fear and indecisions.

Buy the dip is not only an Anthem for the newbies but for all investors who need to accumulate more or mitigate the opportunity of any slighted dip. Even the aspect of fear and indecision is also applicable to both old and newbies bitcoiners or investors. The Anthem is a reminder to all, both the faithful bitcoin Hodlers and the FOMOer and other categories of people like traders who may still have doubt about bitcoin. Because surely as we speak about bitcoin important and it's future, many people still have doubt and sell at a sligthest dip instead of buying more. So I will say the word buy the dip has no specific direction but a reminder to all to buy and Hodl since we are still at bitcoin early stage. Of course most people will still be swimming in the pool of there decision of selling at any sligh dip but it's up-to them. But the fact remains that those who are dedicated and focused, has a price at the end of the tunnel, since the road to success is not for everybody.

By definition if a dip simply refers to a decrease or fall in price of an asset how does buy the dip even become an anthem for newbies who are still buried in fear and indecisive? Any one who is still skeptical about an asset will not attempt to buying it on seeing the price in dip, anyone who is still very indecisive with fear about Bitcoin will never invest and even if they do there investment decisions will be made based on emotions of negativity which is very wrong, buy the dip is not an anthem for newbies who are still buried in fear and indecisive neither is it an anthem for any investors but rather it creates an an avenue of buying Bitcoin in lesser price when compared to buying from previous high which is simply an added advantage, buy all the time should be an anthem for all investor. Perhaps a newbie investor shouldn't even be making investment decisions based on the market conditions.

I thinking investment on Bitcoin should be based on trust and believe on the potential of the coin, Bitcoin over time has shown great potential and that's what newbies willing to investment on it should capitalise on, as a newbie you don't go into such investment with emotions or double minded about the future outcome cause at some point with such mindset the newbie could get frightened by a dip and take profits when their investment is not due, Bitcoin having a long-term investment plan is meant for those who understands and believes in the potential of the coin giving them profits in future for Instance, Saylor keeps buying regardless of being uncertain about the future but he's seen the outcome of the coins growth in different circles and believes that it would do better in future and that's why he's more into buying the asset than selling, it's that believe that would help him maintain discipline and achieve his long-term goal, such person wouldn't entertain emotions and take profits anytime soon, that's what newbies, not only newbies but every investor should emulate. However It has been stated countless times that people who only wait for the dip before they buy would end up missing out on lots of accumulation opportunities and that's just it, Newbies shouldn't be waiting for a dip before buying Bitcoin.