Re: Buy the DIP, and HODL!

I believe that it will be a laughable week.

There will be those people that projected that the bull cycle "is over", who change their opinion to "Bitcoin will surge to ATH" next quarter. Cool

What we plebs need to focus is to ignore the news/predictions/forecasts. Focus on the Bitcoin Weekly Chart with the 200-Weekly Simple Moving Average. Buy during those moments when the price of Bitcoin is near, touching, of UNDER that line. ¯\_(ツ)_/¯

If you are new, you likely need to buy all of the time for a whole cycle - and sure, it becomes problematic if a person comes into bitcoin at or near the top of a price peak in which the BTC price might be several times higher than the 200-WMA... so those kinds of newbies may well have a dilemma regarding their buying of BTC... yet if they are new and they are either a no coiner or a low coiner, they will probably need to get started buying bitcoin consistently, persistently, and ongoingly and perhaps they can make decisions regarding how aggressive that they are able to be in their bitcoin buying while they are making sure that they have decently good cashflow management practices in place and while they already have their sources for bitcoin buying already set up.

For a newbie or a no coiner that is starting to accumulate bitcoin , when the price of bitcoin is several times higher than the 200WMA ,the best strategy to use is the DCA strategy and they are to focus more on continuous accumulation of bitcoin.So the market movement shouldn't be there concerned but rather continuous accumulation of bitcoin, the DCA strategy the effect of volatility will be reduced since they are buying at different prices and the newbie investors should have a good source of income and set financial goals to avoid unnecessary expenses that may affect his regular accumulation using DCA.

Yeah dca when over the 200 wma

and buy the dip when under 200 wma

last I looked we are at 44.2k for 200 wma

So a $usd a day dca for now

with a 5000 buy if we dip to 44.1k