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Author Topic: Dips are temporary but Bitcoin is forever.  (Read 467 times)
avp2306
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May 18, 2024, 07:41:37 AM
 #61

There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.
Investors who really knows how bitcoin works does not seem the dips of bitcoin as problem but an opportunity to grasp and leverage on. In my own terms bitcoin dips are discounts that bitcoin gives to us in order for people to hold on to it and make a good profit out of it.

Bitcoin is one of the assets that have amazed me so much, it gives everyone the opportunity to move from one social status to a other in a matter of time, if only one can take the responsibility to handle his or her assets then they will make good profit of bitcoin.

But instead they look those dip as opportunity to increase their balances to stake for future or when the time that bitcoin recovers they could also earn with it. But the problem is people always look at it in negative ways that's why we see that once there's negative news release what commonly happen is bitcoin price dump since a lot of people got panic. We could also see that after the price recover they regret their decisions on why they sell so this should be a learning experience for those people still continue to doubt about these situation since bitcoin dumps are really temporary but the strength of bitcoin and also its popularity will remain.

Bitcoin is the greatest asset what people should have since for this coin they would really have a great chance to gain some good amount of profit especially if they spend a lot of time to know more about it and invest bitcoin for long term.

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Hypnosis00
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May 18, 2024, 08:06:24 AM
 #62

When we have fate, we never think about its end but if we are uncertain, worries are always in our mind and even when we try to be calm, it still bothers us, and we lose confidence.

That is why not all are able to understand the situation because they don't like the volatility of the market in the first place. Some think that buying at a dip is a wrong move but do not know that this is the right time in a volatile market.

Investing in Bitcoin is a big challenge for impatient people and a reason why even though it is proven that this is a profitable investment, many still disregard the opportunity.


fullhdpixel
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May 21, 2024, 12:21:54 PM
 #63

When we have fate, we never think about its end but if we are uncertain, worries are always in our mind and even when we try to be calm, it still bothers us, and we lose confidence.

That is why not all are able to understand the situation because they don't like the volatility of the market in the first place. Some think that buying at a dip is a wrong move but do not know that this is the right time in a volatile market.

Investing in Bitcoin is a big challenge for impatient people and a reason why even though it is proven that this is a profitable investment, many still disregard the opportunity.
People who lack knowledge tend to become impatient investors because they don't understand what is happening and when they see the prices dropping, they start to panic because they feel they are going to lose money when the reality is different. After all, the market is volatile and when a market is volatile, assets in it will go up and down from time to time. So you are right that it is a big challenge for such people to make investments in Bitcoin or cryptocurrencies in general.

Dips and corrections are opportunities for those who understand the market because they know if they buy during these times, they can sell later when the prices go higher and get some profit, but again, those who don't have enough knowledge wouldn't understand this and will think dips are a bad thing.

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Ishicryptic
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May 21, 2024, 01:16:38 PM
 #64

There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.
Having knowledge and experience of how Bitcoin works is important for investors that wants to hodl it for a long term, it will help the person not to panic unnecessarily when there is a price dip. Bitcoin is volatile, so price dip is necessary so that there will be a price correction before it will start to pump, and because Bitcoin has a limited supply, the forces of demand and supply will always make the price to pump and dump. During price dip is the best time to buy Bitcoin because after that it will experience pump, and during bull run, price will reach ATH and become more profitable. So every dip because price will always reach new ATH.
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