Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Marvelockg
on 23/01/2025, 19:07:07 UTC
⭐ Merited by JayJuanGee (1)
What's happen if someone gets to wait and check the price of Bitcoin before he buy because looking at the price now, I think anytime from now the dip will come since everyone has been expecting the price to push as Donald trump's was sworn in buy he did otherwise by putting his coin at the forefront misleading so many crypto enthusiast.
The bolded statement you made is wrong. Donal Trump didn't mislead crypto enthusiasts. It was never a mandate or force for Bitcoin investors to buy any specific coin including the Trump coin. We know that investment in an asset is always a personal choice and every investor has the right to choose if they want to diversify into another asset aside from Bitcoin.

the thought process behind the statement he makes gives an impression of one that will gamble with his investment due to popular opinion or the news that he reads on the media. the fact is that if you start to anticipate a DIP just because of the whole $trump news, you will also face similar fate after investing and sell because of a popular sentiment that is shared by people at a set out time.

a real bitcoin enthusiast knows that there is more to bitcoin investment than the influence of trump on the market and like we have said countless times even before the inauguration, politicians are politicians. they do whatever works well for them and bitcoin strength has never been backed up by the statement of a president or a super person in global politics. for all i know, trump is not even a bitcoin whale and with or without him, bitcoin will continue to do better in the long run.
As for the dip you're anticipating, it’s important to remember that dips are not guaranteed and you dont know when it will come. Instead of waiting while timing the market for a dip, focus on having a structured strategy for accumulating Bitcoin over time. Whether it’s DCA or another strategy that aligns with your financial goals. That way, you’re better positioned for the long term, regardless of short-term price fluctuations.
bitcoin is practically a volatile asset and so expecting a DIP is not something that is so special because there are certainly going to be times in the future when there will be some form of market correction like what is obtainable with all other assets. only waiting for such period doesn't make one a wise investor and again, the same way the market correction is inevitable is the same way the future bull is inevitable and so, instead of only expecting a DIP and latter on a bull, why not have the plan of buying at the moment that are certain that you have the opportunity while holding it till the market gets bullish? when you are too serious about waiting for the best time to buy, it only means that you are a trader that is just after quick returns and nothing more.