Nobody thinks this is a great buy opp?
he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.
That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled.
Classic error for newbies who think they can time, and then rally comes and they miss the ship
I think it does make sense to put an order at those levels in order to make sure that you buy it at the dip, but it would be smarter to have some spread across a lot of prices. Like do not have one for very little, I could put an order at 1k if it ever gets there, just in case, doesn't mean it I will get it.
So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.
Ah but you can just buy again!
So we have a dip now, I sincerely hope that with this the people who were holding out
for "the dip" have actually bought it after waiting and waiting and havent partaken
in DCA.
This recent dip was a perfect opportunity to buy cheaper Bitcoin and the chances of
sub $30k pricing will get les and less as we move closer to the halving and even the
six months prior tome frame.
People should realize this on which they should really be setting up those lines in regarding about selling point or target numbers for them to release their bags and would be having that another cycle or set of positioning
when the time comes that the market would really be making out some significant move. Due to unpredictability of the market then you cant really just make out that DCA method so easily even if you do have that
money or finances for you to be able to do such thing but due to movement and having those doubts that it might be getting to bottom even more on which this is something that we would really be assuming that it would happen and this is something that normal, even myself which i do make trades for how many years but when it comes to positioning then you would really be having doubts on taking up some action.
This is why it would really be always that wise to set up those lines on how low you could really be able to get low and would make out such movement because dont let yourself that waiting up too much
on which it might causes for you to miss out those opportunities for you to dive in but well every move or action be taken would really be that involved such risks.
