Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy every dip!
by
CageMabok
on 29/03/2025, 15:36:20 UTC
⭐ Merited by JayJuanGee (1)
Start buying at timed intervals, On the long run you increase your stack and got less worries about the price. It will give ease of mind to not check the charts every x minutes ; )

Honestly it's not as easy as it may seems to buy the dip because one is afraid of having losses but I think it's preferable to buy the dip when it's close to a pump but regardless i go on with the mindset of always checking the charts every now and then, inorder to make sure that you ain't missing out on when you can be profitable.its just that I'm okay with this cause I'm doing this for long-term.

The option you mentioned is indeed not bad to be run by other people who do like to buy Bitcoin when the price is experiencing a price decline in the market. But the problem with such a thing is that it is not easy to find out the lowest point that you mentioned as the breakeven point because it is possible that after we buy at a certain price point, the price of Bitcoin can still go down again at the same time. So I also have a little conclusion in this case that if someone wants to buy Bitcoin without worrying about the conditions going down or up, of course he will still do it because maybe the Bitcoin he bought was to be saved into his own portfolio so that the amount could be more and also the person did not immediately sell it in the near future.

Meanwhile, for some people who may still be afraid to buy when the Bitcoin price is falling because they could lose in a moment, maybe that person only wants to trade with Bitcoin so that his own mind only thinks about small profits in a moment. In fact, if only he wanted to buy without fear and wanted to hold it for the long term, the potential for profit could also be much greater even though it cannot be ascertained accurately at the same time. Moreover, if someone has more time to continue to monitor the Bitcoin price chart in the market, of course that person should be able to have more courage to make a purchase because he already has more knowledge of the Bitcoin price that he has seen continuously in the market every day.