Post
Topic
Board Speculation
Re: Buy every dip!
by
red4slash
on 16/01/2025, 16:39:01 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.

Confidence and patience in hodling is a basic thing that must be owned apart from realizing that bitcoin is risky so that in the end buying will not be a problem for us because we are ready with long-term hodling as our goal is to invest in a longer period of time.

For the actual market analysis problem when our goal is long-term it is not a significant problem, not that I don't think this is important but in the end we don't need to focus too much on market analysis that occurs because indeed the focus we should have is only on buying when we do have more money and are ready to buy bitcoin. Because when we refer to the market analysis benchmark, in the end it will actually make us hesitate and even not make the purchase we have planned because we will feel that there will be a lower price so that in the end we will lag behind the momentum which results in us feeling sorry for not buying bitcoin when the situation does not match our expectations because bitcoin is getting higher.