If you bought Bitcoin around April 10, you bought the DIP. In just 3 weeks, Bitcoin has gained more than 30%. 74k worked as a solid support. We had a nice rally in April, and it continues. Let's see if 100k will be crossed again. Regardless of the price, keep accumulating Bitcoin weekly. There will be a dip and a peak. But the important thing is to increase the number of coins in your wallet.
Yeah pal, you nailed it. Buying around April 10 was definitely the dip 30% in just a few weeks is crazy. That $74K support held up strong too, and this rally in April has been solid. If this momentum keeps up, $100K isn’t far off.
I really agree with what you said about stacking Bitcoin weekly, no matter the price. That’s basically DCA just being consistent. It takes the stress out of trying to time every move perfectly and helps you build your bag over time.
Only thing i will add is that people need to stay patient. The market moves in waves there’ll be more dips, no doubt. But the key is staying focused on the long term and not getting shaken out. Your point about just increasing how much BTC you hold is 100% facts.
Patient and consistency is just the primary thing for an investor in Bitcoin. I don't actually allow the downtrend of the markets to be a major concern for me so that I don't get distracted, because sometimes the fluctuation of the markets can be very discouraging especially for a newbie, instead of monitoring the markets price of Bitcoin,I prefer to channel my energy and focus promptly on my accumulation pace,thereby gradually increasing my rates of buying bitcoin weekly and consistently without overstepping my financial limits. its certain that Bitcoin will continues to grows in value overtime and tha t'why s it's not all considerable to be focusing our attention on the current price, because it will surely grows beyond that value but instead,stashing more coins into our portfolio should be our major concern and primary focus and while patiently Hodling for the long term.
The sooner an investor can accept the investment issues as you do, the easier it will be for him to invest. Investors usually make their investments difficult, I am telling you how they make things difficult here.
Suppose an investor invests in Bitcoin and within a few days after investing in Bitcoin, the market changes negatively and with the negative change, that investor gets very excited and gets excited and sells all his investments. This will show that a negative perception will be created towards his investment, but when he needed to be patient, he did not have patience. There is volatility in the market and the market can go down and up again, but the investor invests, but there are still some investors who cannot accept the downward volatility of the market. All these investors should always trust the market and do not worry too much about the market when the market goes down relatively a little. Because the Bitcoin market has reached this stage through ups and downs.
Now think about how much regret those who invested in Bitcoin long ago but sold their investment due to temporary instability are having now.
One should plan for the long term with investment as well as be patient and wait. Hopefully, success will befall an investor with the combination of all these things.