Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Tonimez
on 01/10/2025, 09:37:55 UTC
I think that everyone would prefer to buy BTC when the prices are lower, yet the main problem is not being able to know when the prices are going to be lower, and it tends to be much better to just buy regularly, persistently, ongoingly, consistently and perhaps even aggressively in order to just get as many bitcoin as soon as possible (within the scope of a guy's budget), rather than being whimpy about it and/or taking chances in order to try to get BTC for lower prices that might not end up happening.  Sure, if lower prices happen, then they happen, but there is no way to really count on them happening.
This seems a bit counterintuitive to me, as not everyone will want to buy Bitcoin even if the price is low, because buying or investing in Bitcoin is a personal decision and there are various factors involved. Such as personal risk tolerance, financial goals, and market volatility. If everyone liked to buy Bitcoin at a low price, then maybe in the past when Bitcoin was under $100/400 dollar, many people would have jumped in and filled their bags with Bitcoin, likewise no matter what the current price of Bitcoin is, those who lack accurate information and awareness about Bitcoin will not purchase Bitcoin at a low price. Moreover one should not be eccentricity at all with Bitcoin investments because there is no way to expect when the dip will occur in the Bitcoin market. So Why should we wait for a dip market?
One thing that we need to understand is that humans are always the same even though we aspire to change people's view about same fact over the time. Bitcoin volatility has been in existence as long as bitcoin itself and same phobia it creates today amongst investors has been the same back in the days of $100 to $1k and more or less. Same people who could not invest when it was $100 out of fear would rarely accept investing now that it is $116k. These group of investors when they finally sneak into bitcoin investment, they mask their procrastination with waiting for Dips.

Some investors who were intentional bought bitcoin at a very cheap price and HODL all along, others bought at that low price but immediately they felt they had a profit on it, they sold it off and never bought back because bitcoin couldn't Dip to their choice price while others could not invest out of fear and panic back then and even now.

Waiting for Dip is a waste of time. One of our great men here noted that he has stacked up his wallet amounting to a cumulative cost per bitcoin of $6k per bitcoin in his wallet; when bitcoin is already at $116k. There are facts around to prove to the faint hearted how workable it is to buy consistently by any of the strategies but not waiting for the dips which may never occur. HODLing is as crucial as buying the bitcoin, so buying bitcoin should be strictly by discretionary income. You can improve your accumulation speed by periodic aggressive buys probably when you have additional discretionary income and/or lower price too. Newbies should get their way around bitcoin straight and don't allow FOMO ruin your financial future freedom.