We who do not understand the Bitcoin strategy properly are afraid. Many people sell during market uncertainty, fearing market volatility, but experienced investors rather buy DIP. When the price drops, they invest according to the opportunity and hold it patiently. DIP does not just mean holding, it teaches us an economic lesson. Start small with Bitcoin every week, DCA consistently and hold patiently.
Just as we have always advised, every dip market in bitcoin is an opportunity to buy at discounted price, and in this forum we understand and apply that strategy at every point that bitcoin have a dip market, those that have left over cash flow alwa2take opportunity to buy at discounted price.
Like last week when bitcoin was at a heavy correction trend and the price correct back to around $101k+, but correctly this market has recovered back heavily.
But we should know that no every dip would be that final on which we know that this would be able to test out on how deep your pocket would be if you do make out that DCA method. There's that instances that the dip goes even more dipper. Also, not all people would be having that kind of mentality that they can be able to do such dca method because the primary enemy on this one would be your emotions and this is something that you do need up to look into. There's no way that you cant be able to determine as you do go forward on dealing up with this market. On the moment that you had started out and having that kind of positivity on making easy money with this market then this isnt for you. Dealing up with volatile space is never been easy because it will be that playing out with your emotions and with your mindset on which we know that this isnt something that so simple and would be resulting into tons of mistakes if you are that being impulsive.
On the moment that you do gained up sufficient experience and knowledge then it will be that having that kind of advantage towards a certain trader. You cant just that make yourself that being that thinking just only for the positive ones and neglect out the potential negative that could happen. DCA might sound that so simple but on the moment that you are trying out to execute it then it would be just that too hard for you to tell whether you should be buying already or you would be waiting up for more dip because we do know that tons of instances we are that being faked out on which just like been said that the dip gets dipper on some scenarios on which you cant be able to avoid sometimes that the market might go down even more and you are just that trying out to wait for some pullback or reversal. If you are a holder then these things wont be an issue because you can anytime just simply hold your position after you have bought after a dip.