Dip is setting up nicely , so get ready for it.
soon to go under 80k
Prepare extra money to buy during the Dip because it's now.
It seems that the bearmarket will come sooner than expected bullrun --- but in this dip we will own more BTC as the price continues to fall.
Just don't panic if you're an investor - it's time to buy more.
It is probably time to not get overly excited. If you are a newbie and you are investing into bitcoin for a fairly short time, it is likely better that you don't fuck around with trying to change your actions, and just buy regularly whether it is weekly or otherwise. Sure some guys might try to time their weekly bitcoin buys, but there tends to be no real advantage to be fucking around trying to figure out if there is a dip or not or to hold back waiting for more dips that may or may not end up happening.
Sure there are some guys that already invest 100% of their bitcoin investing budget on a weekly basis, yet there might be some other guys that hold back portions of their budget, such as 25% for the purpose of buying dips, yet I also see no reason to overly get excited since if you are a guy who has been holding back for buying on dips, you likely already have set your various levels for buying at various points, and surely you can really have no ideas in regards to how long the dip is going to last or how low it is going to go, so hopefully whatever systems that you have in place take out any reasons for you to be getting emotional about your bitcoin buys or for you to justify holding back too much cash for buying dips that may or may not end up happening. If you are buying weekly and you do not have any special funds set aside for buying dips, then you are likely going to catch some aspect of the dips just through your regular bitcoin buys.
Yeah, I believe it’s probably just best for newbies to keep things pretty simply with their accumulation process, by just sticking to a simple and regular accumulation schedule, it could be on a weekly basic or whatever interval that sits well with them and works for them. Because trying to time the market or waiting for a DIP to come first before you make your buys can be a really stressful approach and may as well not pay off most of the time.
Even those who are considered to be experienced in the investment business who manages to keep aside some part of their funds for buying the DIP still may not be able predict just how long the DIP may take before it eventually comes, or how long it’ll last or how low it’ll go when it eventually comes. So it’s kinda like you’re just chasing shadows or some ghost that you’re not exactly sure where it is or where it’ll be. And that’s why it’s always advised for investors to have a more solid plan in check in order to avoid certain situations where you’ll end up mixing up emotions with your investment or your accumulation.
If an investor is regularly buying at every market condition, they may likely catch some DIPS along the way as they invest, which is a very important and major advantage of consistent buying through the DCA strategy, you get the chance to take advantage of different market conditions without necessarily having to wait for it. Even without putting aside some kind of a special funds kept aside for buying DIPs, you’ll still end up benefiting from it. The key is always to stay consistent with your buys, sticking to your budgets and goals, and by all means, avoid to get caught up in the loop of attempting to accurately time the market.