Quote from: Derekfunds on Today at 10:54:06 PM

Quote from: Btcdeybodi on Today at 06:04:23 PM

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Quote from: Agbamoni on Today at 12:27:01 AM

I don't know why some folks are blind to see that Bitcoin presents us with a lot of opportunities, one that rarely comes. Yet, they don't take the chances when it come and at times, they are not prepared which is why they are still far from their goal. Although it shouldn't be a problem as they buying on dips is not actually the primary method of investing. It is only a backup method to aggressively reach our target faster.

What do you think about the dip last 2 weeks did you take advantage of it my friend?

Bitcoin has been trading over 100K earlier this year and at that time people wished that they could buy it if it reaches 80K or 90K but when we dip, no one is willing to buy. The reason is that there is too much fear in the market and it is all created by plan so that the retailers don't accumulate the dip but rather sell in these times. Retailer has been taught wrong that crypto is a quick rich scheme, it is not. Its pay only if you can hold the Bitcoin BTC with patience.

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What you ought to know is that people will always make procrastination and will always make excuses why they didn't buy Bitcoin. How can someone who saw the price at $100k but felt that the price was higher and waited for the price to reach $80k before they buy then when the price hit $80k they begin to fear that the market will not rise again which made them not to buy at the price they wish to buy in the past. Anyone who owns Bitcoins and sells as the price is DIPPING, that person is the biggest coward of the century. Why will someone buy Bitcoin and Hold then sell when the price is low. Bitcoin is not a coin that someone will buy and start making profits immediately and it's not a Ponzi schemes that promises large profits within a short time, it's only in the long term that the profits can be achieved.

This is the part that most persons has failed to understand that is why some people make mistake in there investment and the earlier people understand and know that Bitcoin is not a get rich quick or a Ponzi scheme the better for them. Anyone who is actually serious to invest in Bitcoin won't wait for Bitcoin to first Dip, anyone who is waiting for Dip when he or she have not invested before is showing a trading behavior because if they buy during the Dip they will want to sell when the price appreciate but an investor who is serious will invest regardless of the state of the market using the DCA method.

I agree with you waiting for the dip and procrastination before buying Bitcoin shows lack of unseriousness to Bitcoin investment and that is why it is adviceable to use the DCA strategy for bit by bit accumulation, or do we say it's due to lack of funds and if it's, that is why it is adviceable to have your emergency funds that will be used for actual emergency and reserve funds that you use for any kind of extra expenses