Post
Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
Dr.Bitcoin_Strange
on 21/03/2025, 15:57:12 UTC
It may not matter a whole hell of a lot if you buy the dip or not, especially if you might be receiving an income every week, and then there can be questions about the extent to which you hold back some of your discretionary income in order to wait for price dips that may or may not end up happening.  Waiting for price dips likely puts a bitcoin investor in a wrong mentality, even  though surely there could be some psychological pleasure that comes from holding back some value for dips... while recognizing and appreciating that the dips may or may not end up happening. 

Some investors doesn't seem to understand this at all, I remember very well that you have side this before and it very important that while one is investing into Bitcoin, they just have to know the right thing to do so that they don't miss out or invest with the pressure of FOMO which could cause them some psychological problems.

What i mean by missing out is that, we already know that the price of Bitcoin can be unpredictable most of the time. It's possible that the price can be bearish and while some is waiting for the price to dip more before they purchase, they would be disappointed that price will begin to push up instead of dipping more. While some people too would be influenced with FOMO that they would buy up at a certain price and price could dip more. With all of those situations, it better for an invest to have all the knowledge that will help them to invest successful. The DCA strategy is a very great tool to employ while investing into Bitcoin, they will invest without tension, relatively to their income and also price movement.