Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Yaunfitda
on 31/12/2024, 06:02:53 UTC
Because in essence, a true bitcoin investor does not look at the current price of bitcoin or when they make a purchase. Because they know that bitcoin is an asset that has great potential in the future. So based on this sense of trust, bitcoin investors no longer hesitate to continue investing their money in bitcoin without looking at the price when buying it. So the person who is waiting for bitcoin to fall to $35K, I think he should be informed about this, if he really wants to be a bitcoin investor, and not a trader.

In my opinion, if buyers who already understand the great potential of BTC in the future will be relaxed in putting their money to buy btc either in regular or large amounts, but timing is also needed to get a reasonable price periodically. For a drop of up to 35K as said by his friend @Proty, it may sound funny and in my opinion that number will never be touched again unless large hodlers sell their assets massively in the past continuously for a long period of time.
There are a lot of investors who had that kind of mindset, doesn't want to buy but FOMO in the last minute with the price is $100k++. And then when the price is at a discount, jus like today, at $92k, still they wont' even buy and wait for the price to decline even lower. And that what's separate smart investors from pure speculators, smart investors take the chance and buy in dip and hold. While speculators buy in dip and then make some money by flipping BTC. As for the $30k, yeah, it will be funny if we fall down so hard with the current sentiments that we have. Trump will be inaugurated in few days and this could influence the price again and we might see the price going back to $100k or even higher or even a new all time high.