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Buy the Dip and Hodl, that's the only way. Someone who saw it at 98.5k would think it will fall further as even the media predicted further fall before returning above 100k.

I know you are saying to buy the dip and hold is the only way because of the name of this thread, but do not be deceived by the name of this thread. Buying the dip is not the only way to achieve success in bitcoin investment, and since the name of this thread is to buy the dip and hold, you shouldn't focus only on buying the dip because it will delay you from starting up your bitcoin investment since nobody is certain if the dip will happen today or tomorrow. Since you are a lower coiner, you should focus more on accumulating bitcoin with the DCA strategy so that you would be at an advantage of consistently accumulating bitcoin anytime your money is readily available, which will allow you to accumulate more bitcoin than someone who is using the buying the dip strategy.

Especially for a newbie, planning an investment by buying dips will not be a good plan. Waiting for the dip while inexperienced and newbie will only make you lose buying opportunities. An experienced investor will stay out of this discussion, because he knows when to do what and what action will be right for him. But buying dips for a newbie is just a reason for delay. I never advise a newbie to buy dips, because this advice will only keep a newbie away from investing and maybe he will be deprived of investment.

When you are new or inexperienced in investing, I will advise you to invest in the DCA strategy. DCA gives you the opportunity to invest without any delay and allows you to enter at all moments of the market. You do not have to be experienced or wait for the right time to invest in this method. There is no specific time to invest in DCA, whenever you have investable money, you can buy and hold it for a long time. To buy a dip, you have to watch the market and wait for it to buy, which is a waste of time.

It is not just wrong for newbies investors alone to wait for a dip before they buy, even veterans too, it doesn't matter wether you are a newbie investors or not, it is absolutely wrong to wait for a dip before making a purchase of Bitcoin especially when your stash of Bitcoin is not good enough to wait, those investors that has gone far in their accumulating journey can have the leverage of waiting for a dip, but it's not ideal, because they know that they can miss a lot of buying opportunities too, but due to how far they have gone in their accumulation of Bitcoin, it wouldn't be much of a disaster but those that are just getting started, those that has less or no stash at all, waiting would really be a terrible idea.

So the best thing to do wether you are a newbie investors or a veteran investor, is to buy Bitcoin regardless of it present price, but if in the process the price dip further, you can buy aggressively only if you have the financial leverage to do so, but waiting for the dip is what I really don't find encouraging.

I totally agree with you waiting for the Dip is wrong for both newbie and old investors who wants to increase their portfolio and doing this won't only make an investor miss some good opportunity to invest rather it will make an investor to spend longer time in accumulating their Bitcoin. However, in my opinion instead of an investor to wait for Dip simply because they have some tangible Bitcoin in their wallet I will still suggest or if I am the one I will still be investing using the DCA but as much as my initial way of... While I still prepare for the Dip I think with this an investor won't miss so much opportunity, funny enough some investors who wait for the Dip sometimes when the Dip comes is either they won't have enough money to buy or they won't even invest at all because the Dip comes unexpected.

In a more precise way, buying the dip shouldn't be a primary accumulation strategy for those who has a long way to go in their bitcoin accumulation journey, yes of a truth it can offer buying more Bitcoin with the same amount of money used as compared to buying from it's previous highs hence, it can be seen as a secondary accumulation strategy in your ongoing primary strategy if you are readily prepared for it with a reserve funds and there is nothing absolutely wrong with it, but yeah it can become problematic when you get carried away all in the name of attempting to buy the dip and used the money that is not is meant for investment to buy Bitcoin. As for me, I have decided that it is best I remain focused with DCA to enable me to maintain and sustain the original plan.

Focusing on using one strategy for a long time in your investment journey is based on your own personal assessment if you can maintain it consistently without finding it problematic later on. Maintaining one strategy such as using the DCA strategy is good since you can still be presented with the opportunity to buy at DIPs but it will be more advantageous if you have reserved funds to acquire bitcoins more at DIP prices instead of focusing only on accidental buy during your accumulation using the DCA strategy.