Re: Buy the DIP, and HODL!

we are lining up 🆙 for some dip prices.

maybe we drop under 81k very soon 🔜

Definitely the best time to buy the DIP and HODL because after this resistance the price is forming now, the next move might be huge. The problem with some folks is that they will be waiting for the price to DIP more before they buy, before you know it the price can start skyrocketing again and could take a long time before we see another DIP price again.

The market is experiencing constant market fluctuations, and most investors can't wait for the price to reach $100k again. Due to how the market caught most investors unaware when the DIP happened, some of them may have set $100k as selling price point but the real investors will not be moved to sell a dime till their target is met.

You are correct. Most of the crypto investors are waiting for Bitcoin to dip in price further before they invest in Bitcoin, not knowing that the price of Bitcoin has been fluctuating for some time now and maybe the dipping price Bitcoin can reach before it begins to skyrocket. The moment it starts doing that, I am sure it won't fall to the price it was before it mooned.

However, at this time of the market, wise investors are riding on with their accumulation of Bitcoin through the DCA strategy. They are not relenting from it because that serves as the key to successful profits of Bitcoin

The category of people that wait for the Dip are traders and unserious investors, traders will hardly wait for the price of Bitcoin to Dip to the point they feel it is okay for them before they will buy reason because they have a plan of selling off when the market appreciate which can be very dangerous because you wouldn't know if the market has dipped finish and so if you have the mindset of buying to sell back soon you might be disappointed because the market might still Dip even more after you have bought it that is why it is good to buy and hold for a long period of time so that all these movement don't disturb you. If you can not invest when you have money to invest, even if the price dip more you won't still invest because you will still be waiting for more dip again.

There are also some serious investors who have accumulated their bitcoin portfolio close to their target or in their maintenance stage, those investors prefer buying at the dip because they see no reason buying bitcoin regularly with DCA as a brand new investor should be buying. They have already passed the stage regular DCA buying every week. So what they do is that they have a price that they set down so that if bitcoin dips to such price, they will buy a certain percentage and if it dips below again to a lower price level, they buy with a certain percentage again just like what phillipma1967 is doing because he's an OG investor with a good size of bitcoin.

It's if you are a low coiner or a no coiner that buying the dip is not good for you to use as your only strategy because you might end up not buying when there's a dip because those people waiting for the dip do have a price target at heart which bitcoin might not reach since no one can predict the market or a dip might not even come when they have more the funds. This is the reason why as a new investor, you need to set up a reserve funds which can give you the opportunity to take advantage of the dip and buy cheaper to increase their bitcoin portfolio while their regular weekly DCA is ongoing with consistent and persistent.