Re: Buy the DIP, and HODL!

A few days ago, there was or was a big fall in the Bitcoin market. At that time, many people told me many things and I have heard many people on this forum say that maybe the price of Bitcoin will not increase anymore. At that time, I had no words to say.

Reading your your personal experience on the Bitcoin price movement in recent time, I totally understand where you’re coming from. It's great to see the price bounce back, but I think it's worth investigating into why this really happened. Bitcoin’s recovery wasn’t just proof of faith like you meant to say in your submission rather it was driven by things like renewed institutional interest (ETF inflows), shifts in macro liquidity, and tightening supply of Bitcoin in the crypto market. Long-term holding makes sense, but it’s also key to understand that volatility is built into Bitcoin’s design. Instead of reacting emotionally, I think it's better to analyze and study these dips whenever they happen. Rather than framing it as “Bitcoin proved everyone wrong,” I think we should look beyond the short-term price movements and focus more on the underlying factors that drives Bitcoin price over time.

Is that necessary? No in my own opinion, am talking about the bold words in your statement.
It's not necessary to analyze the dip or whatsoever, just buy once your discretionary income is ready, no time to waste, if in the process of accumulating either weekly or monthly and their is a dip in the market, that's the best time to buy aggressively, only if you have the financial leverage to do so, but if you don't have a backup fund to do that, just focus on your buying weekly or monthly, because the key aspect of accumulating Bitcoin is the ability to finance your daily expenses easily, anything that makes you struggle to finance your daily expenses, it's become a threat to your holdings, that's why you should only buy aggressively during the dip if you have the financial leverage to do so, but if you don't have just move on with what you are doing weekly or monthly, their is no cause for alarm.

In my opinion I don't really think it is going to be a good practice for anyone to consider their level of aggressiveness as a result of market condition, our level of aggressiveness should be centered or based on our income that is available for investment at any given time because if we consider aggressive in terms of the market condition like the dip a lot of forks will definitely buy more than their budget and start struggling to meet up other Important expenses. Whether dip or no dip forks should be aggressive with their investment without over doing it.

Just like as I said in my previous post that aggressiveness is not only apply during the dip, this is something we should do without regarding the market value so far as one have enough discretionary income. And yes" I think the level of aggressiveness can be based on income that's for most guys. Because most guys may not be earning a decent amount in their job, for this reason is going to be a little bit hard for them to load thier discretionary income, and of which is not advised for an investor to
Engage him/ herself into buying aggressively when his discretionary income is not in the right shape. Because this can easily make one discretionary income to run dry within a short period, at this point an investor will start struggling to build back his discretionary income, and this is going to delay your investment journey. For me I think is advisable for someone who does not have enough discretionary income not to engage himself into aggressive buying of bitcoin, is not a must that every investor will be aggressive. which ever way you know is easier for you so far as you are sure of achieving your goal of course that's the most important thing, is just a matter of time and patient.