Quote from: Tom Ronald on February 12, 2025, 02:36:14 AM

Quote from: Gooner0 on January 22, 2025, 06:39:01 AM

A lot of people feel it's best to buy Bitcoin during a dip, others feel quite the opposite.
But the fact is there is no Best time to buy in the market, but rather a right time for you to buy!

Buying during a dip yes is quite strategic but you'll also miss a lot while waiting for a dip.
Everyone should buy according to their financial capabilities, if you don't have much to buy, and decide to wait for a dip is alright, and if you are financially capable to buy at anytime it's still alright.
N/b you cut your coat below your size and not according, if you want to be a success!.

Even though you make more profit from buying the dip, there’s no reason for an investor to wait for the dip before buying, the dip might never happen so why waste time when profits no matter how small can be made. Also, who would think the opposite that it’s best to buy the top. Just like you said there is no best time to buy because it can be bought at any time. Another strategy is buying at a specific interval, through this compunded profits can be made.

Yep, definitely we can make a sustained profit from the dip, but here we didn't have any idea that when the Dip would come. If someone doesn't have the skill to predict when the dip will come or which is the best time to buy, then I think he should do DCA because in this strategy you don't need to dig too deep, like you don't need to study the market dynamic, sentiment, etc. And the second advantage is that you will continue to accumulate Bitcoin in your assets instead of sitting and wondering when the dip will come, etc.

If we talk about the real Dip, I have understood from my experience that the Dip does not occur in a short period of time. We people think that Bitcoin will Dip within a small time period, like after a few months, but in fact Dip happens in a cycle of 2 to 3 years, just like Bitcoin did a sustained dip in the previous bear, which was actually real dip.

And those who have bought into it are real opportunity grabbers I mean, they are real investors. So we have to buy at the right spot like real investors.