If you're in a bad mood because of the current price movement. - You have the DIP that everyone is waiting for to get more units of Bitcoin for the same amount of fiat.
¯\_(ツ)_/¯
If Bitcoin goes under $100,000 that's a good opportunity in my opinion. If it touches the 200 Weekly SMA? You're lucky. That's another Golden Opportunity, and that's a FACT. Although, Bitcoin might not touch that again for two years.
True words. People cry about dips but those are the exact moments that make the difference in the long run. Every time Bitcoin touched the 200W SMA in the past, it turned out to be one of the best buying chances. If we get anything close to that again, it’s not a reason to panic, it’s a gift.
....Under $100k in the future will look just like $20k or even $3k looks to us today. Cheap. The only mistake is letting emotions stop you from stacking when the opportunity is right in front of you.
Under $100k in the future will look just like $20k or even $3k looks to us today. Cheap. The only mistake is letting emotions stop you from stacking when the opportunity is right in front of you.
The purpose of investing in Bitcoin should be changed, we should consider the current decline in Bitcoin as an opportunity. The price of Bitcoin is relatively low in the current market. Those who are doing DCA will benefit the most from this market. And those who are waiting for the dip are expecting temporary gains, with little chance of increasing their holdings in the long term. Those who decide to buy Bitcoin after the price of Bitcoin drops below 100k are investing based on luck, while those who are doing DCA are consistently moving towards the implementation of the goal. Who wants to see themselves at what level will depend entirely on themselves
Good take. DCA is definitely the smartest way to build a position because it doesn’t matter what the market is doing, you’re always stacking. Most people waiting for the perfect dip usually end up with nothing because the market never moves exactly how they expect.......Still, I wouldn’t say dip buyers are only relying on luck. When Bitcoin does crash hard, those who step in usually get rewarded big in the long run. The real challenge is nobody knows when that bottom will come, so steady DCA with a bit extra on deep dips is probably the best balance.
I don't agree with you, Bitcoin is still very much bullish in my calculations and nothing in any way to be considered as bearish, from $124k to where it is now is not much of the difference to call it bearish, what am saying is that I don't think we have entered the bear season, with this use DCA strategy investors will definitely catch a lot of dips by buying on different price points and intervals, buying the dip is not really something anyone should be worried about to the extend of using money not meant for investment to buy the dip out of greed I know this things happens but it is wrong.
This is just the truth, where was bitcoin price in 2023, where is the price now, so because it retraced from $124k to this amount that we at presently some people feel that it is now bearish, what a high level of misunderstanding, this makes me think that some person are not actually accumulating bitcoin since they keep wondering about disturbing themselves about a recurring opportunity, if I may ask, was bitcoin meant to be stable, the person that thinks that bitcoin price is bearish, has he also consider what volatility is, for the sake of clarification and further understanding, people should know that even as we all hope see bitcoin to reach to another milestone in the future, it happen in gradual process not overnight, this is not time to complain because there's nothing to complain about we are still very bullish, this is time to buy more, this opportunity may not come again, so every one should buy buy and buy as long as we have what we need to buy with.
Instead of complaining, this is the time to focus, because these dips are the same opportunities people were praying for when price was pumping. Tomorrow when bitcoin moves to another milestone, the same people will still regret not buying when it was low. The truth is simple, we are still bullish and every pullback is for accumulation, so if you have the chance to buy now, just buy and keep stacking.