Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Olatundespo
on 22/01/2025, 15:38:36 UTC
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.
I think if you have discretionary income you don't need to wait for dips because one day of time spent accumulating assets like Bitcoin means you will be behind by one day. Over time the value of Bitcoin will increase or decrease however you should continue to accumulate Bitcoin from discretionary income regardless of the value and it is a future strategic asset. Anyone cannot say for sure whether the value of Bitcoin will decrease or increase tomorrow we are just speculating. I think Bitcoin is still worth the dips and now in teenage.
In the DCA method of accumulating Bitcoin you don't need to look for dips with a microscope as you will keep buying Bitcoin from discretionary income every week or month as your portfolio will show average UP as a result of different price purchases. As you said some people who prioritize excessively. Some investors driven by emotion make decisions to buy Bitcoin without considering future backup funds could be misleading for them in the long run.