Re: Buy the DIP, and HODL!

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.

If the context is for beginners who have just started investing in bitcoin, waiting for the price of bitcoin to fall first before making a purchase is not the right choice. Because losing momentum will indeed be a risk that must be accepted by beginners who wait for the price to fall when they want to make a purchase. Therefore, for beginners who are really serious about investing in Bitcoin, and already have a lot of cold cash, it is best to invest immediately. However, if the context is an investor who has been investing in bitcoin for a long time, and already has quite a lot of bitcoin. Maybe waiting for the price to fall when investing in bitcoin I don't think is a big problem. Because basically that person already has a lot of bitcoin. So whether he wants to wait for the price to fall, or buy bitcoin at any time, I don't think it will be a problem. But it's different from a beginner investor who doesn't have any bitcoin at all. I don't think the beginner should think too much and buy the bitcoin straight away.

We cannot advise an experienced person who already has a lot of Bitcoin or has reached his point to buy immediately. There are two reasons for this, the first is that he is an experienced investor who has sufficient knowledge and a deep understanding of what to do when. We cannot give any advice to such a person if he does not ask for advice. Yes, an experienced investor can delay the time of buying and can continue to buy immediately. Because, he already has a lot of Bitcoin where he can enter the market at will and it will not have any negative impact.

being an experienced investor does not for any reason mean that you are shielded from making mistakes or that all the decision you make are always going to be the right ones and that you can't regret making certain decision. your experience in bitcoin investment shows when you are able to make decisions as an investor that is favorable to you and that you are able to stand your ground at the time others are selling because they are fearful of some market correction.

most of the big whales that have been invested for a long time are still buying and doing their DCA even though at several instances they have been in a good profit region and can easily think of selling to buy back. if they had done such, from your thought process on who is an experience investor, you will think that they have made a good decision and even if they regret their decision, you can never know that they have made a bad investment decision because they will never let you know. they are still holding and even buying more because of the basic principle that the higher the quantity of bitcoin you have accumulated, the easier and higher chance you have to be situated at a good profit point.