Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Zackz5000
on 07/08/2025, 13:14:18 UTC
⭐ Merited by JayJuanGee (1)
Somehow this statement resonates to me as though you're promoting buying only the dip? It isn't advisable to buy only because the market experienced a correction, It's important as a no coiner who has discretionary income available to set an accumulation target and  continue to buy bitcoin regardless of the market condition. The goal is to have a good stash of bitcoin and reach your target or even surpass it on the long run and not to buy when the prices are low since this is the actions of a trader and not a real investor. When you buy consistently, your periodic buying would still cut across the dip and you end up buying when there is a price correction. If you are very much interested in lump summing on the dip, you can do well to save like 20% of your regular buying amounts consistently and with the discipline of not diverting it in other matters and when your desired dip presents itself you would have saved up a good sum to lump sum and buy the correction as you wanted while you continue buying consistently to reach your Accumulation target.
Buying the dip is not a bad strategy per say but from my experience, it is not optimal to buy only at dips, you will miss a lot of opportunities or likely make mistakes in the process when you stay aside to wait for dips before you buy. Recur that most times we only notice the bottom of the market when it has already happened because there is no perfect way to determine when the dips will happen.

Therefore, buying the dip should not be applied in isolation. You can continue buying with the DCA method and just set small portion of your funds aside to buy should there be a dip. Through this approach, you will get your accumulation objectives fulfilled no matter what happens in the market.
Conscious application when investing in cryptocurrency is very important even though you are trying as much to buy the dip. A lot of cryptocurrency traders are just buying blinding even when they have little fund to invest in cryptocurrency.
Why are you using such vague term cryptocurrency in this thread whereas this is Bitcoin we are discussing in this thread and not cryptocurrency before you get newbies confused and mislead them into puting there money in shitcoins which he could regret why taking such decision, also cryptocurrency has been use to scam many investors so people are careful not to invest into untrusted coin so when making an statement regarding to cryptocurrency be specific since we have several coin in that vague term for there is no harm calling Bitcoin Bitcoin and shitcoin shitcoin so people can get a better understanding of which investment you mean.