Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
sotelorene
on 28/02/2025, 14:14:01 UTC
Today, the price of Bitcoin has fallen to its lowest level in the last 3 months. Bitcoin price has dropped below $80k today, so it's a great opportunity to buy the dip. Now that the price of Bitcoin is currently down, it can be called a test to identify long-term investors. Long term holders will try to buy more in this dumping. But short-term holders are in for a disappointment. Some short-term holders may sell.

However, the market conditions are not very good right now, but we have to believe that Bitcoin has good prospects in the long run. So we have to hold the investment for long term. So it would be wise to continue buying bitcoins with this dumpy DCA method.



Remember that Bitcoin is very volatile in nature so you saying that Bitcoin has fallen to its lowest level is wrong because it may or can still fall below what it is now but we don't know and wether it falls again or not, long term investor who understands Bitcoin will not be weary because it won't fall forever rather once it is okay, it will pump back again and who knows if it will give us a new all time high (ATH) and I think It will definitely give us once it bounces back. Saying the condition of the market is not very good right now makes you look like a trader because an investor won't say that rather they will be happy to see this kind of opportunity to dive in and accumulate more Bitcoin and store because this is the opportunity most investors have been waiting for and any who plays with this opportunity shouldn't expect this kind of opportunity soon again.