Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Shadiq
on 20/01/2025, 17:38:31 UTC
You are right sir JJG, let's just imagine when Bitcoin was  90k plus and someone was busy waiting for it to drop to $80k before accumulating, I strongly believe that now Bitcoin is $100k plus he or she will be regretting, why wait for something that is still growing to come down, when you are walking and you see an eagle in the sky, waiting for it to come down before you continue your journey will surely delay your journey, you don't have to delay your Bitcoin accumulation journey by waiting for it to dip.
This is certainly a matter of regret for those who had the opportunity to buy when the price was around $90k or $91k, but waited for further price reduction. They completely wasted that time and missed out on buying Bitcoin. With a dollar-cost averaging (DCA) strategy, you would never miss an opportunity to buy. You could have bought at $90k, and if Bitcoin had dropped to $80k, you could have bought then as well. But perhaps you couldn’t buy at either of these prices. There’s no guarantee that you will ever be able to buy below $100k in the future. The best approach to enter the market at any price level is through weekly or monthly DCA. If you are able, there should be no delay in investing. By delaying, you will only waste time and lose buying opportunities.