I would really like to add to my Link, Ondo, and Render bags but don't have any dry powder. I was thinking about selling a little BTC to do this. I'm in massive profit in BTC, and considering selling $20k worth to do so.
Anyone else considering this? Just looking for feedback as nobody i personally know is in to crypto.
I'm so happy for you to have made it big with investing in Bitcoin. There is always a great potential in BTC when compare with altcoin. I won't advice you to withdraw such a huge amount of money for altcoin. There are still more to win if the money is left in BTC towards the next bull run.
Buying during the dip is one of the ways we can make fast profits from the market without any more of panicking.
There are other strategies we can use to invest in Bitcoin but the best is for us to buy the dip so that we can sell when price goes up.
We buy when the price is low and sell when the price is high. That is a simple strategy for accumulating Bitcoin and many are still taking such strategy for granted. It is certain that the price of Bitcoin is going to continue the bull and the only way we can make money is when we accumulate enough.