Quote from: Silikiem on Today at 09:24:32 AM

Quote from: LGD2Business on Today at 05:33:18 AM

The whole point is to buy at the DIP. That's why we buy when the price drops.

Your statement here is likely going to contradict and mislead most especially the newbies who are new to the league because it seems as though you’re trying to advocate or perhaps advise that they should only buy when its dip and from my experience in bitcoin investment I get to understand that as a newbie waiting for the dip before you accumulate bitcoin is a wrong investment strategy in the sense that you might end up waiting for that perfect dip and it may not occur and you end up not even accumulating bitcoin and most people go as far as abandoning their investment ambition because they’re yet to see a perfect dip that they want . Rather than waiting to buy during the dip as a long term investor whose initial strategy is focused on the long term goals of continuous or Perherps persistent accumulation of bitcoin and hold, one can accumulate bitcoin at any time no matter the price using the DCA method of accumulation, all what is needed is to figure out a discretionary income to buy with either on weekly or monthly basis and gradually build up your portfolio. That time you’re waiting to buy the dip would have been used to gradually accumulate reasonable amounts of bitcoin using just a discretionary income and gradually build up your portfolio and If also along the line as you are accumulating bitcoin and the dip presents itself, it will only be an added opportunity to acquire more and further increase your portfolio for the long term goals.

Quote from: LGD2Business on Today at 05:33:18 AM

If you're not going to buy at 110k, then at what price will you buy? This may be your last chance to buy, because the cycle is not over yet and there is a high probability that we will see a new ATH.

I don’t think there’s a time set aside for the perfect time to buy bitcoin, and there’s no last chance of accumulating bitcoin as a long term investor. For a long term investor with a long term strategy of consistent and continuous accumulation of bitcoin and hold, All what is needed is to be able to figure out a discretionary income to use and accumulate bitcoin at any price and at any given time.

The whole point or concept he was replying to was to advise against waiting for a specific price in the dip. You have to read and understand the whole concept of ones reply and not just pick a line and capitalise on it while understanding it wrongly. Waiting is always a wrong move and talking about the last chance, in your course of waiting for a further dip, price might start rising and you wouldn't be able to invest because you were waiting for a dip price and it'll be a missed opportunity and if you eventually buy you'll be buying at a high price than you would've if you didn't wait. The goal is to increase your portfolio and waiting slows down the process. The Dip is always a good time to buy, buy aggressively if you're able but continue to accumulate after.