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 can really say with certainty if bitcoin will not dip more or if the price may go up after the $81k.However I will not advise any investor to be waiting for a desire dip which may or may not occur so the best option will be to use some percentage of the money intended to buy the desire dip to buy the recent dips in that way we not totally miss out .An investor can decide to use either %5, %10 or %20 of the money intended for buying the desire dip to buy at any dip while the remaining percentage can be used whenever the desire dips occurs .in this way the investor won't miss in buying bitcoin at any given dips all in the name of waiting for a desire dip which may not occur.

You are really making a very big point here, as a good Bitcoiner you will wait till when Bitcoin will be dips before he can buy the dip and hodl, Bitcoiner will always dream to buy buy buy buy dip and hodl, also make use of dollar cost average where one or two investment will be keep aside as an emergency fund so that he can still maintain the Long term investment.

Who told you that a good bitcoiner will first wait for bitcoin to dip before buying? That person is a gambler and not a good bitcoiner because a good bitcoiner will always buy bitcoin at all time using the dca method to buy bitcoin because with the dca method you can buy constantly regardless of the price, while waiting will slow down your bitcoin process you won't have enough bitcoin to your portfolio so you should stop using the buy the dip method and go to dca method so you that you can be buying regularly with your discretionary Income and hodl bitcoin for 4-10 years without selling.

Waiting for a DIP before buying is not recommendable even though some folks employs the idea of waiting for a DIP in order for them to lump sum but since there is probability of a DIP happening, it is better to buy at any price point then when a DIP happens you can still by more bitcoins and add. Often times, we have analyzed the reason why we shouldn't wait for a DIP before buying because it takes an investor backwards in his accumulating stages such that at a time when you could have gotten enough bitcoin and reach your desired target of accumulation, you will still find yourself accmulating and it can even be at a time when the price is extremely high but if you had started earlier you may not have been caught in that state of accumulation. An investor can decide to target a DIP when he must have gotten a sizable portfolio because by then he may no longer be using the DCA strategy.