Re: Buy the DIP, and HODL!

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it is patience and consistency that pays off in the crypto space.

Hopefully, none of us are so retarded as to be buying shitcoins and to consider shitcoins as an investment. That would not be smart..

Quote from: LGD2Business on August 25, 2025, 09:02:19 PM

Quote from: l99l on August 25, 2025, 05:47:41 PM

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears Cheesy

Bears have always been beneficial to me. I'm not in a hurry at all. I understand that long waits can test one's patience, but aside from all the worry and stress, these corrections are very beneficial for Bitcoin's rise.
These corrections remind me that Bitcoin needs to continue to perform better in the future.

Everyone loves buying cheap coins. Grin

If Bitcoin drops a little more, it will reach a good buying point. I still think we haven't seen the peak yet. We will hit a new all-time high in the winter months and then enter a prolonged bear market. It's essential to accumulate as much BTC as possible from the DIP before this new ATH. However, it's also important not to miss the ship. I think the 109k price is suitable for entry. It's necessary to continue buying in stages. As long as we don't see below 100k, the positive sentiment will continue for me.

How do you know that there will be a prolonged bear market? Sure, you are presuming some kind of a blow off top, and surely some kind of a blow off top would cause a prolonged winter to make more sense, but we still hae to see at what level our top reaches. If we reach only something in the range of $130k to $140k for our top, then do you still think a prolonged winter would be justified in those kinds of circumstances? I think that you ave a lot of presumptions in yout thinking, even if you might end up being correct with your overall sentiment of BTC price direction.

Exactly Sir, no one can be certain of the market so it stil falls on probability. It can only be possible to predict accurately if Bitcoin wasn't decentralized nor volatile in nature but since it is, then our prediction of the bear market can only be based on presumptions. However prediction of when they will be a bear market is mostly a common habits by traders who probably will waits for the dip before buying with an aim to buy Bitcoin cheaply. Since his prediction of the next bear market is based on presumptions then there's no way he can outsmart the market .
However I think investing for the long term is the best approach towards Bitcoin. Whether there's a bear season or not,it doesn't bother you since it's not the main concern. The main concern or focus as a Long term investor isn't the market but continuous accumulating bitcoin for the long term.