Quote from: laspol65 on Today at 06:41:46 AM

Quote from: Btcdeybodi on Today at 02:49:45 AM

Quote from: Xun hu on January 16, 2025, 12:12:07 PM

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.

Why timing the market if you are investing for a long term? Sure, DIPs are potential buying chances but it does not mean you have to wait for it just because you want to buy bitcoin at cheaper prices. A long term hodler is not interested in the price of his buying point because his target is mostly to build his portfolio and meet his accumulation target. If he has reached his accumulation target, he can then check if he can still over accumulate more or just leave it at the level it is then he can be able to know if he will need a DIP to happen before considering accumulating more because by that time, it will not be a problem to him since he have already reached the satisfactory level of his accumulation.

Different people use steps in different ways, but I think that once a dip is bought in the Bitcoin market, it takes a long time for the next dip to occur. But I think that whenever a person buys a dip, that person immediately gets the time to fund for the next period, and if he wants to buy bitcoins at any rate weekly or monthly in the DCA system, he can certainly do so, but he must be patient to buy each point. have to do And to sustain it for a long time requires considerable time and patience strength and capacity to take risks is most important.

Nobody can tell when a dip will come or when it will last. This is why a new investor should forget about buying the dip and focus on building his bitcoin portfolio bit by bit with DCA method where you have the opportunity to buy bitcoin every week or monthly with consistent and persistent irrespective of the price of bitcoin since you are on a long term journey.

Not taking the risk to invest in bitcoin is riskier than taking the risk to invest in bitcoin. This is why it's better to risk it and invest in bitcoin since it's a good asset worth throwing some value into and grow it overtime with the right amount from your discretionary income. Have a target and stay focus on achieving your goal. Emergency funds is needed to survive in your bitcoin accumulation journey.