Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Btcdeybodi
on 16/03/2025, 20:41:17 UTC
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.


Although true, that would also depend on a person's psychological "proclivities" because there is definitely a non-zero chance that some people have already sold with a loss believing that the cycle is "truly over" if they have bought Bitcoin near recent ATH. HODLing is not easy for us unsophisticated plebs, in fact, it's painful to see our life-savings with a 20% or 30% loss.

BUT there's no absolute "correct path". Wait for the DIP or DCA are both good paths to invest in Bitcoin, but it's the HODL that truly matters.

Hodling requires a lot of patience before profits can be achieved so if an investor cannot be patient to withstand market fluctuations it may lead to losses by selling when the price is low due to fear of the price crashing further. Even if an investor bought Bitcoin at the peak and it never come back stronger again in that cycle, while not wait for another cycle to get the profits since it is almost becoming a tradition that the price of Bitcoin is likely to increase pass the previous ATH in every cycle. Waiting for the price to DIP before buying doesn't seem like a good strategy to me instead using the DCA strategy to cover up buying during DIPs will better.