Quote from: Fara Chan on Today at 12:55:59 PM

Quote from: Xun hu on Today at 12:12:07 PM

Quote from: harizen on April 17, 2019, 08:53:10 PM

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Buying during a dip requires confidence and patience. Analyzing market trends is key, but remember, even strong trends can reverse unexpectedly. When aiming for long-term HODLing, every price point can be seen as an opportunity. Instead of focusing on short-term fluctuations, it's about trusting your strategy and seeing dips as potential buying chances rather than setbacks.

If the goal is to HODL for the long term, of course there is no need to worry about short-term price fluctuations or having to take the time to wait for a decline first, especially if you have to have a certain level of confidence to be able to buy. Because most Bitcoin buyers at this time are people who have indeed gone through some education and the best advice from several people who are already knowledgeable about Bitcoin so that they themselves have begun to be confident in buying Bitcoin and implementing HODLing in the long term because they already believe in Bitcoin.

So every buyer must have a goal that they have planned and if the goal itself is to store for the long term, of course the person does not have to target a price drop in order to be able to buy. Because he can also buy at the current price and can immediately continue buying again when it is decreasing so that the amount of Bitcoin he will save will be greater even though he bought it at a different price.

Are you suggesting that a newcomer should wait for a decrease in Bitcoin's price before starting their investment? It seems there may be a typing mistake in your statement, as it implies that waiting for a price drop is recommended. You should be cautious here to avoid misleading new investors or forum members, as they might learn something wrong.

If you intentionally suggested that one should wait for a price drop before starting to invest, I must disagree with you. Waiting for a price drop is a waste of time. If you already have reliable income sources or alternative income streams and are fully prepared to invest, there should be no delay in investing because of a price drop. The target price you have set may never come, and in waiting, you might end up wasting time and resources. If Bitcoin’s price keeps rising instead of falling, will you not invest? Or will you be happy to lose the opportunity of buying at a lower price compared to future prices?

Since you are investing with a long-term plan, you should not wait, no matter what, if you are capable of starting your investment. After gaining basic knowledge, there should be no further delay in your learning or investing. The longer you wait, the more opportunities you will lose. By being tempted by small profits, you may lose track of your investment plans.