Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Moreno233
on 10/02/2025, 06:21:28 UTC
⭐ Merited by JayJuanGee (1)
You are right when I first came to this thread I was actually mislead by the tittle as I thinking it was some kind of trading and buying when it is low and sell when it is high until I begin to understand it was not actually trading and buying when there is dip, with the rank Z_MBFM in this forum  he should have been able to know that this is not a trading thread or where to advice newbies to go into trading and also to buy shitcoins instead of accumulating Bitcoin but think he is new comer to this thread I believe he has learnt something today newbies who has also seen it now will not adhere to his misleading advises.
I think that we will continue to need to remind newbies to the thread, since there are so many people who get the impression of trading as soon as they see "buy the dip," yet at the same time, I think that the thread has a history in which "buy the dip" is the premise, and it even took the OP author (Wind_FURY) several years before he even began to realize that DCA is a  better strategy than buy the dip....and that is o.k. too.. since it seems to me that so many folks get lured into thinking that they need to start investing in bitcoin with "a good entry point," and so they do not even realize that waiting for a good entry point is not as good of strategy as getting the fuck started and start buying as soon as they can figure out if they have discretionary income.

In the end, some newbies are going to learn, and some  will continue with a trading kind of mindset that they have difficulties to shake...and if we are in bitcoin and if we are wanting to continue to talk to newbies, then we likely have to realize that many of them are going to gravitate towards wanting to talk about trading, gambling and even shitcoins, and so some  of them will come around and others will take  time to figure out that trading, gambling and  shitcoins are either inferior ways to treat bitcoin or to think about bitcoin in those kinds of distracted (and lack of focus) ways.
As long as the title of the thread would remain like that then expect that more new people would think about that what people discussing here is all about trading. That's why its somehow good that there are active people would remind them that what's better approach they could do and correct those wrong thoughts running in their minds.

But if the title will be change according to the topic discuss in this thread then maybe there's no misleading or confusing post will come here and people can easily could go here either to learn about Bitcoin investment and other strategy to use and will not talk about shitcoins and trading thoughts. There's ongoing discussion about changing the title but it didn't happen since many people think about its not important since what needs to pay more attention is those good points shared by people about Bitcoin investment here.
JayJuanGee made a very explicit explanation and I love what he said regarding the OP and the caption which is that the OP might not have learnt about the DCA method when creating the post and that is understandable. To me, the first part of the topic sounds like trading but when combined with the other part that is connected by the conjunction "and" it quickly shift from trading to long time investment. The only thing is that it suggest only one aspect of Bitcoin accumulation process which is buying the dip which is actually a very great method but with the introduction of the DCA method and its undoubted advantage, there seems to be more acceptance for it as it aligns with the personality of a lot of us following this thread.