Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
sotelorene
on 23/12/2024, 05:56:40 UTC
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 want to believe the name Newbie is affecting them and I want to also believe that to an extent they don't still understand the market or the potential of Bitcoin. Some newbie view or see Bitcoin as other cryptocurrency coin that once they dip or fall they won't go up or increase again and this is what is making some of them to be skeptical and indecisive and again some newbie are not interested in holding for years they are interested in investing and making profit the next day which is not what investment is all about I hope they wake up one day and see what Bitcoin holds in the future.