Post
Topic
Board Speculation
Re: Buy every dip!
by
Futurexxx
on 16/01/2025, 12:57:27 UTC

Always buying at the considered dip requires extra ammos. This will be tough for an average bitcoiner.

What makes people refrain from doing buying action during every dip is confusion and doubt. Analyzing the current trend is one of the recipes in making a speculation which will result on next strategy. At most of the cases, if we say today is downtrend, it will be the case that will lasts for long period. But sometimes, people doesn't think of other way around that even how powerful a trend is, it can be reversed anytime.

So what to do now? Trust your judgement if it was properly analyzed. After all, if the purpose is really to HODL for long, people can considered every price level as dipping level*.
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.

This sounds like trading too me,  because a true Bitcoin investor don't need to analyze market trends or even be paying attention to candle sticks chart  pattern, and secondly, what strategy are you talking off as a Bitcoin investor?
Try to take this your trading to the appropriate board because as a Bitcoin investor we actually don't need trusting any strategy, all we need is to buy once our discretionary income is available, and have measures in place so that we can hold successfully, such as having a source of income and an emergency funds so as not to fall back to our holdings anytime any emergency needs arises.