Post
Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
MusaPk
on 09/03/2025, 17:17:27 UTC
None of us can decide the exact buy the dip parameters for another person or even how much a person might allow his buy on the dip fund grow.  Any guy could create parameters that he does not let his buy on the dip fund grow to any larger than $500, or some other amount that he believes might be causing him too many opportunity costs... and I am not even saying that any newbie needs to have any kind of buying on the dip funds, yet some newbies will feel better to both maintain a buy on the dip funds, yet at the same time, to recognize and appreciate that there is a certain amount of value for bitcoin newbies to be dedicating a certain amount of their funds towards buying bitcoin all of the time, no matter the bitcoin price, and perhaps employing such buying no matter what practices for at least a whole bitcoin cycle and perhaps even a cycle and a half or more.

There is value in terms of not overthinking matters, and just putting a system in place, yet there is also some value in regards to trying to be creative in tailorizing systems that help newbies to feel better about what they are doing and perhaps build some gamification that makes the whole thing fun, even while the whole thing is also helping the person to be building self-sovereign kinds of wealth that he might not have had otherwise had opportunties to build... especially since he can invest very small amounts such as $10 per week or he can invest larger amounts, such as $100, $500 or more, or he can also make his weekly amounts flexible in a way that he is continuously buying bitcoin, yet not getting himself into trouble financially based on his taking money from places that he might otherwise need for his expenses and/or other financial obligations that he might have.. .which also might fall in the category of entertainment and keeping others happy too (whether family or some other kinds of business and/or social arrangements that a guy may well need to maintain).

But DIP doesn't mean that price will keep going down and we have the opportunity to 'Buy on DIP' in every consecutive passing week. If we see Bitcoin price for last one month then in last month Bitcoin price has taken few dips and price has also gone up. See the price pattern, it has gone below 95k and also went above 95k one time. So if someone is going to follow 'buy the dip', not only he has to keep cash ready but also have to keep an eye on price that how much dip it has taken from the base value or is there no dip at all. If someone is following DCA then he is surely free from all this hassle.

If you refer newbie as person who is new to Bitcoin and is accumulating Bitcoin for the first time then for such person 'buy the dip' means waiting for price to go down, which in turn means waiting more to invest in Bitcoin. Such person must not wait for price to go down below a specific level rather he must keep investing as long as he doesn't have decent amount of Bitcoin in his portfolio. After that he can follow this 'buy on dip' strategy.

All of us can manage extra cash from you weekly or monthly income that we can invest in Bitcoin. If we invest today, only then we can have something in our hand tomorrow, don't forget that with time our financial requirements increases. It's up to us as an individual that we take step of investing into Bitcoin or keep spending extra cash on extra things that can be avoided.