Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
DubemIfedigbo001
on 03/02/2025, 16:11:35 UTC
⭐ Merited by JayJuanGee (1)
i bought the dip
who else?
I guess a lot of folks in here are accumulating bitcoin with the DCA strategy, and I believe they just want to be accumulating bitcoin with the DCA strategy for the main time so that they will not be carried away by the dip into investing in bitcoin in a way that they will find it difficult to sustain their bitcoin for the long term. I believe before what you called the dip will be over, the DCA strategy will still allow a lot of folks to take advantage of the market and accumulate bitcoin. There's nothing wrong with you buying the dip since you were able to figure out it will not stop you from solving your daily expenses. Buying the dip is really good because you will accumulate a reasonable amount of bitcoin with less money.

Yeah you are right, buying during the dip is not a wrong thing to do what is wrong is waiting for the dip, now that Bitcoin is $100k waiting for it to come down below $100k will delay your investment so using the DCA strategy will be more better, right now I know some set of newbies are now waiting for Bitcoin to dip below $100k but you may be wasting your precious time because it may never happen and even if it happens the margin will be very small and still making a waste of time, using the DCA strategy will still give you the opportunity to accumulate when ever there's a dip.
As at the time of your typing Bitcoin was 94k+, it rise to 96k around 3 hours ago and barely verified 99k less than 30 minutes ago. So far, in 48 hours or more, I don't think Bitcoin has crossed 100k, so there was a considerable dip within the last 24 to 48 hours.

You're right when you are against newbies or people that's not accumulated considerable amount of Bitcoin to wait only for the dip to purchase Bitcoin, but anyone who've planned to buy the dip alongside consistent purchases really had a good chance from Sunday to buy yet another dip and increase his portfolio by a bigger quantity at a lower price.