Waiting for a dip before buying is never a good way to go about your Bitcoin accumulation wether you a veteran investor or not, because by doing so you may miss a whole lot of buying opportunities, if you have gotten to that over accumulation status and you feels like their is no need for consistent investment in Bitcoin, then it's ok, but if you haven't gotten up to that level of over accumulation stage, you have no reason to wait for the dip because you will be wasting valuable opportunities to add up to your stash that has been stagnant due to waiting, so in my own opinion, waiting for the dip before buying is never a good way for any Bitcoin Investor that hasn't gotten up to that over accumulation status.
I agree with you because Bitcoin is an asset that does not require waiting for a dip. In my personal opinion, it is not reasonable because waiting for it may not be invested at some point. I myself was foolish by waiting for a dip. But now I understand and am buying according to my ability. Bitcoin is an asset that is now being compared to gold. Gold is available but Bitcoin is not available. The demand for things that are in low supply is high. That is why the demand for Bitcoin is increasing day by day.
We have to accept that Bitcoin liquidity is still growing abnormally and it is currently seen that this currency is crossing all-time highs. As you mentioned, Bitcoin's popularity is increasing due to its limited supply, but I'm mentioning a few more reasons for its increased acquisition. As it
is the first to provideprovides protection against inflation
even today everyone can see that Bitcoin is gaining traction as an investment medium. Moreover it is noteworthy that during this time, countries and organizations are recognizing this valuable resource in their economies.
However at the moment it is true that Bitcoin critic consider it reasonable to compare it to gold. We all know that Bitcoin is already an emerging store of value and it turns out that it has limited supply
it can, even
be seen thatanother neat feature of this
currencyemerging resource is that sometimes behaves as a risk-
onfree asset and sometimes as a
risk-offrisky asset.
This $10 Quintillion Discovery Shows Why Bitcoin Is Better Than Gold