Quote from: Princess Leah on Today at 10:41:38 AM

Quote from: Rgram on Today at 09:42:15 AM

Just today, I read the title of this post again “Buy the DIP and HODL” and decided to go over the OP again.

You know, buying the DIP is a good strategy but, that’s a strategy for those that really understand chart analysis or have to go over chart analysis before buying. That isn’t what we often see from the content of many comments on here, it’s more about DCA which doesn’t require any analysis to buy but just funds that you can spare or invest with and some knowledge on where to buy and what wallet to save it in.

Thats why, i feel the “DIP” in this title, could it have been Buy using DCA and HODL… not my thread but just a thought.

I understand what you're saying dear, I've tough about it too and think that it could be misleading for newbies cause many of them would think this thread supports them to only buy when there's dip and hold just like the name implies, but if they pay attention to what we're discussing about they'll understand that they should judge the thread by it's title but focus on the content and important informations we're sharing here amongst ourselves.

Buying the dip is never for a newbie since they're just starting, the first thing every newbie must do is start with the DCA and try accumulate periodically and the newbie won't even bother about analysing the market to know when to buy but can do it anytime whether during dip or not so far their discretionary is intact.

You are right. Most new investors might think that you should buy the DIP and hold it.

But I think that any new investor starts investing without checking. Every new investor I have heard so far was so busy learning about Bitcoin that they missed out on many opportunities. Yet, they can't start investing. Investing in Bitcoin is a matter of trust. If someone thinks that Bitcoin will destroy us, no matter how much we explain it to them, they will never understand. But we see reality every moment. Bitcoin has not destroyed any long-term investor to date. But, the situation is different for traders.

I was watching BTC price at $121k yesterday. Today it has reached $119k. Should we still wait for the dip market? If we wait for that dip market, we will never be invested in Bitcoin. Because every moment of Bitcoin is a dip from the future. In short, Buy the DIP, and HODL means that if our financial situation is good, every moment is the time to invest. Waiting to invest here is completely foolish.

So if there is a new investor, I want to tell him. Don't waste time looking for the dip market, start investing now. Because every moment the dip is moving on the cotton of the future price.