Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Kelward
on 01/09/2025, 16:55:20 UTC

That's how it seems like because with the small knowledge I had in technical analysis, you can see that Bitcoin has formed a head and shoulder chart pattern on the weekly timeframe, which is a very strong sign that it might even dip to $94k which we have the next strong support, but am not counting on that in my accumulation, because what I just have to do is to add more money to my reserve in other to buy aggressively if it eventually happens because that's a lifetime opportunity that may never come again because after that big pullback, the upward momentum will continue, but before then, keep on accumulating through the dca accumulating strategy in other no to be left behind bro if the dip never came as expected, since nothing is certain in the market.
It is how it should be, focus on the DCA strategy no matter where the technical analysis is pointing to, it is traders that should worry about that because they're all about short term goals. If your goal is to continually buy and hodl for the long term then dip shouldn't make you to panic, as a matter of fact it should be opportunity to get a little bit aggressive with your buying. If you can top the funds that you use to buy Bitcoin from your discretionary funds without causing damage to other budgeted funds then you should do it. Every dip should be an opportunity to increase your buying so far you can afford to do it.