I'm very pleased with this your statement, will i said that you red my mind because you have just spoken my mind relating to accumulating of Bitcoin journey and wait for dip, and it is a message to all investors that has not started buying or accumulating Bitcoin should start now that Bitcoin is cheaper because in years coming who knows what Bitcoin will in the market, so buying and selling should not be your option.
Investors who are just starting their accumulation in Bitcoin, should not think about buying and selling in the current period. What should be on the mind of those who are just starting their accumulation is to increase the amount for a longer period.
Those who think about buying and selling at the same time are not actually investors rather they are called
traders.I just wanted to point this little one out so that we know the difference. Investors buy Bitcoin and hodl more many years while traders are those who buy and sell within a short interval of time and in their mind they are thinking of buying and selling at the same time.
I will not say that the current price of Bitcoin is cheap. For most beginners who are not from companies or governments, the current price of Bitcoin is considered expensive. So it is very natural for people who want to invest in Bitcoin to start thinking about some speculation. The problem will only last a while until they understand and learn some things that can convince them to immediately collect their Bitcoin gradually.
Anyone starting his investment in Bitcoin and develop the mindset that Bitcoin is not cheap will definitely have problems continuing the investment because rather than being very motivated to buy as his finances can carry, he will be there regretting why he did not join earlier. I was in this situation before until I convinced myself that it was not a good thinking pattern because I can buy whatever amount I have now and keep buying more and holding for several years ahead. I'm sure that when Bitcoin got to $1k, there were people that complained that it was too expensive, same goes for when it got to $10k, $20k and even $50k. Now we are confronting the $100k range and the same statement persists, don't be surprised that when Bitcoin gets to $200k and $500k and even $1m, the same statement will still be in people's mouth. Sincerely, that statement is truly boring to me especially now that my experience with Bitcoin is getting better.