Quote from: BD User on Today at 01:58:38 PM

Quote from: Sticky Bomb on Today at 01:40:19 PM

Waiting entirely for the dip to buy Bitcoin is a lazy man's investment practice for a low-coiner and no-coiner. For me it's lack of seriousness when you should display commitment towards your accumulation journey. Lazy practices brings lazy results and that's why the no-coiner might never have Bitcoin after a long time because they keep speculating and don't take action and a low-coiner continues to make little or no progress in his accumulation journey since he's gambling with Bitcoin at a time he should be investing with commitment and dedication.

Waiting for a price drop to start investing is the biggest mistake a person can make and makes him lazy. He even gives in to procrastination and misses out on market opportunities. By waiting for a price drop or dip, you will only miss out on buying opportunities and delay reaching your goals or you will not be able to start your journey towards your goals. It is still better to start investing and be consistent in any market situation without focusing on the market, even better for you if you can ignore the price list and focus yourself on consistent buying.

People who wait for the Dip before they start investing or buying are traders because it is obvious there intention is to buy low and sell when the price goes up which sometimes the market will not even dip to that amount they want it to Dip and this is unlike Bitcoin investors because while they are expecting the Dip they are busy accumulating using the DCA method which is termed and recognize as the best strategy which allows both poor and rich to buy and hold Bitcoin for a long period of time as that is the best approach ( long term) because if you are not holding for a long term you are already making a financial mistake because Bitcoin is suppose to give you profit in a twinkling of an eye.