Ninjastic
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Re: Buy every dip, and HODL!
by
Samlucky O
on 12/01/2025, 22:03:53 UTC
Quote from: George Edward on Today at 08:04:41 PM
Quote from: JayJuanGee on June 17, 2021, 11:46:41 PM
Quote from: DatKing on June 17, 2021, 10:04:37 PM
This is really my motto. I care about not missing any of the dip levels. And I think that it is really important for a HODLer. In the long run, I know that I will make a really good profit. I just need to keep being patient.

Devil is in the details DatKing, no?

It takes quite a bit of having a plan to be able to feel comfortable with your buy points on a 53% dip?

A lot of guys likely had bought most if not a lot of the dip into the lower $50ks and then maybe some got lucky and bought down into the $40ks, but probably a lot of dip buyers ran out of money early.. and then may have felt a bit bad in terms of whether they had bought enough of the dip or felt comfortable that they would have money to buy the dip if it continued to happend below $30k.. which so far we have not quite gotten below $30k - even though there are questions about whether the BTC price might dip below $30k.

What did you do?  Are you prepared if the BTC price dips more, such as below $30k?
You are  right, timing the market is impossible.  I used a DCA strategy, buying in stages according to my plan. I managed to add to my holdings during the recent dip, but I did not bet everything at once. Well  I still have some funds set aside, just in case we see a drop below $30k. 

You must really be a crazy dude for referring back to an old post that doesn't add up to a current discussion. Even though JJG may ask guys if they are  really prepared to buy Bitcoin if it  dip more such as $30k, I don't see that as a problem because as at that time Bitcoin price was at a staggering price of $40k $38k so there is a possibility that Bitcoin may fall to $30k or even $25k. Take a look at Bitcoin price as at the time JJG maade that post.

So whatever statement that was made back then was in respect to the current price of Bitcoin as at then  which can not be considered valid for now since Bitcoin can not fall below $30k. Any statement or quote of the past broght upon a current discussion is only a reference but not to be considered much important in prioril to new Bitcoin price. You sounded as if you wherw long dead and was brought back to life and acting as if life was waiting for you Lollz..