Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Futurexxx
on 22/01/2025, 07:12:30 UTC
⭐ Merited by JayJuanGee (1)
I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin

Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.
Although there is nothing wrong in waiting to buy the dip if you have discretion income to buy at any given time. Or if you are combining other strategies. The only problem one can face is only focusing in buying Bitcoin dip without consedering other investment strategy. Because there is alot of people that only want to buy bitcoins when it is dip as a main priority and forgets to buy through DCA, in such situations such person can be considered missing opportunity.
The major point is to buy once the money is available, and you may decide to buy aggressively during a dip if you have the financial leverage to do so, but if you don't have the financial leverage to buy aggressively during a dip, it would be better you just respect yourself and keep to your level of buying only when the funds is available, so that you wouldn't have to be in any tight Conner that may compel you to consider tempering with your holdings, so in my own opinion buying the dip is very good, but waiting for it is what is bad, because that dip you are actually waiting for may never come again, and in the process you may miss a whole lot of buying opportunities that may have been utilize in increasing your stash of Bitcoin, so it's very important to buy Bitcoin once the funds is available, but if their is a serious dip in the market, you can equally buy aggressively only if you have the financial leverage to do so.

Buying during a dip isn't a bad idea, it totally depends on you buying power.
If you cannot buy due to a low financial prowess then waiting for a dip isn't so bad ,
but the only problem with waiting for a dip is that.
Bitcoin price is skeptical, so it just might no reach the amount you have in mind.

If you are busy waiting for the dip and it's not forth coming how can you increase your stash of Bitcoin?
Don't you know that by waiting for a dip you might miss a whole lot of buying opportunities, and opportunity that would have been used to add to your stash of Bitcoin if you had bought it regardless of it price, so my guy, it's a terrible idea to be waiting for the dip in my own opinion, because the dip you might be waiting for may never come again and your stash of Bitcoin will remain the same with adding up because you fail to buy when you should.
Do not forget that we are still in the early days of Bitcoin, so it still has the capacity of doing 10x to 20x or more of it current value in like 10 to 20 years time from now, so why waiting for the dip now that it's very cheap?
Use your time wisely because time is very important.