Quote from: Jewan420 on Today at 11:27:21 AM

Quote from: Barikui1 on Today at 09:02:28 AM

In as much as am not a fan of waiting for the value of Bitcoin to dip before making a purchase, that doesn't mean that buying the dip makes you a short term investor, don't you know that their are so many Investors out there that are very close to the end of their accumulation journey, they no longer buy on a regular basis again, because they have that leverage of waiting to buy during the dip.

Waiting for the market to fall does not make you a short-term investor, but it does make it look a bit like trading. Yes, there is nothing wrong with a person who is on the verge of his goal and waiting to buy a dip or he is not procrastinating. However, these sentences can be confusing for a newbie. It is really a newbie investor who can misunderstand this sentence and waste time analyzing the market before buying and can wait for the market to fall. I mean, during the conversation, it is not necessary to mention the subject of an experienced investor here. Because an experienced investor is not here to learn. So it is better for a newbie to see waiting to buy a dip negatively.

From my point of view, for an inexperienced investor to stop the continuity and wait for a dip is absolutely the wrong approach and inappropriate thing to do. In this way, he may move away from investing or become a trader or a short-term investor tempted by short-term profits. This can even apply to an experienced investor. Although experienced investors are outside my scope of discussion. Still, I do not recommend waiting for a dip for an experienced investor or an inexperienced investor if you have not fully achieved your goal. You are completely free to buy after achieving your goal.

Buy the DIP and HODL, any smart individual investing in bitcoin will definitely want to do this, and they won't be wrong to do so, since buying the dip is a strategic approach to the market, it also need a strategic mind to follow up on it, veteran investors who already have substantial amount of bitcoin stashed away will most likely decide to wait for a dip before making purchase and they can also buy when ever they want to, but a newbie waiting for the DIP before making purchase is not advisable, a newbie should try to accumulate as much bitcoin as possible regardless of the market value at that time, as long as the money used to make the purchase is discretionary, and they can do without it.