...you might actually have some expected price dip before you can buy which means you won't buy any if your expected dip price didn't show up, well there is a strategy which you can use to accumulate Bitcoin without necessarily waiting for a dump before you can accumulate, the DCA strategy helps to accumulate Bitcoin at any price level you can buy as you can afford gradually every weeks or months and hodl for long this will make increase your Bitcoin portfolio overtime rather than waiting for a dump.
...Which helps to collect Bitcoin slowly at an average price over time, only through this strategy you do not have to be stressed during investment, you do not have to be confused by market fluctuations, but rather the portfolio becomes more stronger in the long term through DCA compared to other strategies. So first make your financial situation stable and decide to do DCA, do not wait for the dump and keep depositing regularly, this will give the most effective results in the long term.
If Stable090 has been active in this thread I don't think he'll male such statement, that's something we've talked about on several occasions and corrected people with such impression, you guys did your best to correct his wrong statement and I urge newbies that would come across it to disregard it when they see it, cause the implications of waiting comes with several missed opportunities you could be waiting for Bitcoin to dip at $70k so you'll see a good buying opportunity but it would end up doing otherwise take a few correction and go beyond $100k, now that's a wasted opportunity cause you could've achieved something using the DCA than waiting, that strategy is there for a reason and very profitable one for that matter but I wonder why some folks still disregard it cause they want to buy Bitcoin at cheaper rate, therefore they choose to wait and buy the dip, jokes on them.
Well I think someone who have that sense of understanding about bitcoin that can come into this space and say that waiting for a dip is the best strategy to invest in bitcoin are actually looking at the thread topic, but they misunderstood the concept of what is happening here, Sometimes I think having a basic knowledge of what Bitcoin is all about and how to go about Bitcoin investment is very important for newbies and people who are also interested to invest in Bitcoin, actually buying a dip isn’t bad when the opportunity presents itself, it can actually help to accumulate more for people who aren’t so grate in financial efficiency, but where it’s a problem and a challenge for people interested to invest or accumulate by waiting for a dip
isn’t badis totally wrong
and a bad idea, because you loose a lot of opportunities by waiting for something that you didn’t know when it will happen, so what if it doesn’t happen will you continue to wait and loose opportunity. Well I must say that people who think in such a way and have the intention of waiting for a dip before investing and continuous accumulation are not ready to invest in bitcoin and they might end up being a spectator instead of an investor.