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Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Taskford
on 27/05/2025, 10:38:46 UTC
⭐ Merited by JayJuanGee (1)
waiting for bitcoin to dip before making a buys is not a good way to approach bitcoin, since you already have your discretionary income I we advice you start accumulating bitcoin using the DCA method and hold for long term instead of waiting for dips, because it will delay your investment junney, unless you want to tell me that your focus is not long term holding which is also a wrong approach towards bitcoin, because bitcoin is not other shitcoins that you should garbage in and garbage out, bitcoin is a store of value with potential returns so your focus should be long term holding and not short term.

Waiting for Bitcoin to drop in value before making a purchase is myopic in my own opinion because the value of Bitcoin right now is very cheap comparing to how much it might get up to in ten to twenty years time from now, so why wait before buying?
Don't you know that by waiting you might miss a whole lot of buying opportunities because you will think that the price will go deeper, and mostly you will get discouraged in buying at all if the value started adding up from there, so the logical thing to do now is to buy as soon as possible once your discretionary income is available either through the DCA accumulating strategy or through the lumps sum strategy which I am very confident that it's a move you will never regret in years to come.
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This is what should people need to think about if its really worth to wait for a dip before buying. Since by it means that the market is unpredictable it already show that waiting for that situation is somehow a bad decision to take especially that there's no guarantee that they can really spot that situation in their desired that. If that dip they are waiting for didn't happen for sure that they miss a lot of opportunity also time.

That's why its always been advisable to buy now if they are going for long term investment for Bitcoin since for sure that they won't have any regrets for doing it especially that if they see their acquired Bitcoin's is growing.

But for sure they would realize that situation if they use DCA strategy since this provably would make them ignore the dip but rather they take advantage to buy at whatever price since they would know its important to look at the bitcoins they could currently get rather than guessing about on when the dip would came.