Post
Topic
Board Nigeria (Naija)
Merits 3 from 1 user
Re: Why buying Bitcoin in the dip is not always the best
by
Merit.s
on 18/07/2025, 13:30:18 UTC
⭐ Merited by CryptopreneurBrainboss (3)
setbacks
Dips May Not Always Recover

Bitcoin price can remain low for  as much time as possible  or even experience a longer time period It's important to be aware that not all dips are followed by a recovery and that there is no guarantee of future performance examples was when the price of Bitcoin fell from $20,000 in 2017 to $3,000 in 2018 a dip that lasted over a year which affected alot of investors which where only concerned about catching in on the short price fall to make some gain if you buy the dip too early you might be stuck for a months or even a years as the case may be depending on how long the dip may last.
I disagree with you on this. Why you go say bitcoin price no dey always recover, you come use example of the past when bitcoin fall to 3k from 20k. That na bear market and na the bear market be the best time for any investor to accumulate bitcoin because he cheap well well. I no know whether na traders you dey talk to or investors, because none of these two set of people go see the dip come leave am, dey go buy bitcoin for the peak price.

My broad, do wetin go work for you, because even though, you dey use DCA dey accumulate your bitcoin as a long-term investor, you go still buy for the dip because na continous buying you dey do.

This advice no be for people wey don accumulate enough bitcoin to the point say, them no won DCA again, such people na to buy for the dip go favor the pass.