Re: Buy the DIP, and HODL!

It all depends on intention, not just a budget allocated specifically for Bitcoin investments. There are also people who have a substantial monthly income but have no intention of investing in Bitcoin, so they are not considered investors because their intention is not Bitcoin. Meanwhile, people who do intend to invest in Bitcoin will usually continue to strive within their own capabilities while finding ways to continue doing so more consistently under any circumstances, including the current situation.

I am more confident that Bitcoin will rise again this month, and its price has now exceeded $110,000, which is quite good for those who still accumulate Bitcoin purchases weekly. So, let's just carry out the ideas we have individually without having to worry about people who don't believe in Bitcoin because Bitcoin adoption is increasing so the potential for growth will always be there.

Everything must be coordinated, and planning from the start is certainly a key factor. Therefore, we need broader knowledge to determine which investment options are best.

Regarding the strategy we use to accumulate Bitcoin, I believe we have full authority over that and know best what's best, based on our income and ability to set aside funds for investment. The best approach right now is to use the DCA method.

The current Bitcoin price hasn't fully recovered, with no significant movement in the past few days, so I'm still pessimistic about a major increase.
However, personally, I prefer the current price; I think we can buy more for the future.

The price of Bitcoin is still relatively low compared to the future. However, this year the price of Bitcoin has not fallen much, nor has it gone up. However, it has been observed that it has reached an all-time high. However, the price of Bitcoin has been relatively stable for the past few months. There are still many people who are holding Bitcoin, but the holders are now many rich people. Or large institutions. And taking advantage of this price increase, many people who have invested in Bitcoin for the last 10 years or have been investing regularly are selling it at this time. Maybe that is why Bitcoin is available in the market. And because there are institutions and people to hold it, those Bitcoins are being sold. That is why the price is not rising much.

Many new investors have short-term plans for investing in Bitcoin. It can be said that they expect quick profits, but Bitcoin has long-term benefits. However, to achieve this in the long term, your existing knowledge and experience are very important because the price of Bitcoin will fluctuate. However, if you are new, you may be quite scared, so you need to always be aware of the long-term path to investing.

Also your adopted strategy is important when making your investment plan, the strategy and financial status you apply will determine how far you can go in your investment either long term or not.
There are some folks that are very eager to invest but don't have discretionary income to start with yet they go as far as borrowing money to start investing which is very wrong to start with, how do you now expect that person to fund his continuous investment when the interest is increasing and no other ways of income, in that way when the pressure from the loaners comes, he ends up selling his investment prematurely because he has not properly planed for his investment before starting, if he had been able to figure out his discretionary income from whatever he had and adopting the DCA strategy to accumulate and hold it little by little until he his very stable financial he would not have ended up loaning that will make him fall out the investment on time