Quote from: ultrloa on Today at 10:07:44 PM

Quote from: Proty on Today at 09:30:44 PM

Quote from: Bigjoe33 on Today at 05:21:31 PM

...Buying the dip is not bad, but waiting for it(Dip) to come before you start your Bitcoin investment journey is the wrong approach here and we advise that you can start small with the DCA and accumulate Bitcoin...

There are different strategies that can be used for accumulating bitcoin and I believe that if each of the strategy is properly apply definitely will have a good result and if it is not properly apply then we are left with a poor investment. Therefore non of the strategies is bad , an investor can combine all the strategies but it shouldn't be wrongly apply. There is absolutely nothing wrong in buying the dip whenever it occurs but waiting for bitcoin to dip is something that will make us to miss market opportunities since no one can speculate correctly the market direction.

What's actually wrong their is you keep delaying your accumulation because you keep waiting for those dips.

If we look at the current situation of Bitcoin it already pass thru the dumps happened. If people keep waiting when the price is at $109k - $110k then provably they missed big time when Bitcoin price recovers at current price level.

That's why instead of thinking about waiting for dips because you can buy more Bitcoin. I'd rather choose to buy now and avoid being so technical since somehow my intention for my bought coins is for long term and I'm not aiming to get a quick gain since I think its risky also not totally worth to spend our time on.

Exactly and don't waste your time now waiting for Bitcoin to get more lower maybe at $100k before you buy, cause you don't know if by tomorrow Bitcoin will get up to $200k and by then you start regretting had i know. so it's advisable you buy now and start accumulating your Bitcoin and don't sell yet and it enables you accumulate more and more and you won't regret it again and having emergency fund that will help you out during any emergency so you don't touch your Bitcoin you already accumulated is what you also needed.