Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Promocodeudo
on 14/03/2025, 06:50:40 UTC
⭐ Merited by JayJuanGee (1)

Why are you going back to your nonsense talk about waiting for dips, or that we should be hoping for more dip?

There is no reason to wait for dips or to store up for buying dips that may or may not end up happening - especially for newbies.

Sure, if you have spent a cycle or two accumulating, like Wind_FURY , then maybe you can afford to wait for dips, yet I doubt that Wind_FURY ever did engage in a practice of buying bitcoin regularly, persistently, consistently, ongoingly and perhaps even aggressively, so perhaps Wind_FURY has not even been able to outperform a strict and straight-forward DCA strategy, since he seems to enjoy so much the employment and the marketing of a waiting strategy.  $24-$29k prices in October 2023 did not work out so well for you, Wind_FURY, since you were so busy waiting for $20k, so you failed/refused to buy BC in the $24-$29k prices in October 2023.

You're very much on point and I totally agree to the facts you've outlined, in as much I know that everyone has there  decision to make concerning any investment they has chosen, I think we should understand the way things are been done in the particular investment, let's not forget that every investment has a concept, what's is even buying the dip in the first place, that's waiting until the price of Bitcoin drops before one can buy right, when we keep emphasizing on DCA method of acumulation that helps investors to acumulate Bitcoin as much as we can consistently with the amount we can afford on a daily,weekly or monthly bases and hodl for a long-term, on a general note this method allows us to buy all the time both during the dip and the upsurge, we don't necessarily have to wait to buy at a particular market price, what if the price keep rising, will we still wait until it dips, for me anyone having this kind of mindset is not ready for bitcoin investment, I think there are things we shouldn't be saying if we are old folks in the said investment to avoid making newbies think otherwise  on how to invest.

For me I think there's no need to wait even as existing investor, investors can also keep investing slowly and steadily then plan to buy aggressively during the dip since is what they want, am not an advocate of waiting for the dip because I know what procrastination can do to an intending or existing investor that has a good plan to invest in Bitcoin but refused to do it when they have the zeal to do so.