Buy the DIP, and HODL!

[Sim_card]

I think it is still happening slowly.

For those who invest in Bitcoin, I'm sure they don't care about the current price correction, hasn't it been proven for a long time that Bitcoin prices are always able to recover and even always soar higher.
I see that the correction that is occurring is the impact of the recent halving and will increase drastically in the next few months. I am quite optimistic about this so there is not the slightest panic about what is happening now.

On the slowly part, well Bitcoin has just dropped to around $57k. That’s to say, we really into the slow correction but, it’s not going to go below $50k speculatively after reviewing the chart.
There was a support level around the $60k price make and once broken, the market seemed to be ready for a down trend and based on the data available, we had a consolidation market about $50k price mark around mid March and this point set the pace for a pump. I think that would act as support and would be maintained in any eventuality but, here we are with another point to take our buys as, the coin really is in its low right now for the most that depends on that for a buy.

The price of bitcoin dipping shouldn't be our worries or concern because we are long term hodlers, and not willing to sell in the next bull run or too soon. This is why we should see the price dip as an advantage to buy bitcoin in a discount price in order for us to keep on accumulating, especially those of us that are in our accumulation phase. The moment I saw that bitcoin price dropped to 59k yesterday, I bought $100 worth of bitcoin. This is because I have been saving for the dip, just like what JJG use to advise on this thread.

This will not stop me from my regular DCA which I do weekly. I still have more funds which I saved for the dip and I will be buying again by tomorrow, I just want to see the price difference before buying again, with my reserve funds for this, instead of buying all in once yesterday. Newbies and those who were crying that bitcoin price was expensive at 65k should use this opportunity to buy bitcoin, amd hodli for long. Tomorrow might be too late.

[Mayor of ogba]

Dipppp this is what most of us as been waiting for this is an glorious opportunity to purchase or Stash more Bitcoin in yah portfolio and HODL,  by now alot of folks will be in the state of panicking which won't do any good . While those of us that understand Bitcoin and it's potential will take grab this opportunity to buy more expecially those no coiners and low coiners, this is the time to increase the rate of your accumulation, be as aggressive as you can so that when the bull run begins you will also smile and testify Like others.

You are right that this is a good opportunity to accumulate bitcoin because the price is low at the moment, but we should be careful how we use the word aggressive so that those who are new to bitcoin investment do not aggressively buy bitcoin with all their money. Since I'm accumulating bitcoin for the long term and will not be selling it in the coming bull market, I will stick to my DCA strategy so that I will be able to solve my unforeseen problems whenever they arise. But that doesn't stop the investors, who have enough liquidity, from seizing this opportunity and purchasing more bitcoin at a low price.

[Wind_FURY]

Dipppp this is what most of us as been waiting for this is an glorious opportunity to purchase or Stash more Bitcoin in yah portfolio and HODL,  by now alot of folks will be in the state of panicking which won't do any good . While those of us that understand Bitcoin and it's potential will take grab this opportunity to buy more expecially those no coiners and low coiners, this is the time to increase the rate of your accumulation, be aggressive as you can so that when the bull run begins you will also smile and testify Like others.

OK, the DIP is coming and it's NOW the time for YOU to PAY ATTENTION. For those who employ a DCA strategy, it's probably a good decision to start making your purchases bigger. For those who employ a Buy the DIP strategy, start placing your bids NOW. Currently, the 200-Weekly Simple Moving Average is at $34,200. Will it touch that line again? Probably not, but near that line has always been a good buying opportunity.

¯\_(ツ)_/¯

Yeah that's true , but we can't actually tell if the dip may continue and all that . But the right thing to do now is to take action and keep accumulating because anything can happen anytime 

That doesn't matter, because if you're objective was to DCA higher yesterday, then it's definitely better to DCA with larger bids today. In my personal opinion our objective should be to buy higher units in Bitcoin which can only be achieved by buying DIPs. You don't actually have good market timing because as plebs, we're not hear to buy the bottom. We simply want some discounts to buy more units in Bitcoin.

[FinePoine0]

Dipppp this is what most of us as been waiting for this is an glorious opportunity to purchase or Stash more Bitcoin in yah portfolio and HODL,  by now alot of folks will be in the state of panicking which won't do any good . While those of us that understand Bitcoin and it's potential will take grab this opportunity to buy more expecially those no coiners and low coiners, this is the time to increase the rate of your accumulation, be as aggressive as you can so that when the bull run begins you will also smile and testify Like others.

You are right that this is a good opportunity to accumulate bitcoin because the price is low at the moment, but we should be careful how we use the word aggressive so that those who are new to bitcoin investment do not aggressively buy bitcoin with all their money. Since I'm accumulating bitcoin for the long term and will not be selling it in the coming bull market, I will stick to my DCA strategy so that I will be able to solve my unforeseen problems whenever they arise. But that doesn't stop the investors, who have enough liquidity, from seizing this opportunity and purchasing more bitcoin at a low price.

If you have savings then you should not invest with full money, as the price of bitcoin is going down a lot in the current market so investing at this time will definitely bring success in investment. Preparing for a bull market now is the best time to grow your investment by investing regularly. As the Dip is currently underway, investing in Bitcoin now should wait. So only one can be patient by making regular weekly or monthly investment because the time is right to invest for long term.

[Zackz5000]

OK, the DIP is coming and it's NOW the time for YOU to PAY ATTENTION. For those who employ a DCA strategy, it's probably a good decision to start making your purchases bigger. For those who employ a Buy the DIP strategy, start placing your bids NOW. Currently, the 200-Weekly Simple Moving Average is at $34,200. Will it touch that line again? Probably not, but near that line has always been a good buying opportunity.

¯\_(ツ)_/¯

I see the DIP as an opportunity and advantage to accumulate more Bitcoin in your portfolio and hodl for a longer time.
The DIP is actually an opportunity most investor has been waiting for, right now I belive most investors that purchase Bitcoin at a higher price will be panicking and mumuring while those that understand the movement of Bitcoin as a potential coin that can skyrocket at anytime will use this opportunity to purchase more Bitcoin to there portfolio and HODL.

[laijsica]

OK, the DIP is coming and it's NOW the time for YOU to PAY ATTENTION. For those who employ a DCA strategy, it's probably a good decision to start making your purchases bigger. For those who employ a Buy the DIP strategy, start placing your bids NOW. Currently, the 200-Weekly Simple Moving Average is at $34,200. Will it touch that line again? Probably not, but near that line has always been a good buying opportunity.

¯\_(ツ)_/¯

I see the DIP as an opportunity and advantage to accumulate more Bitcoin in your portfolio and hodl for a longer time.
The DIP is actually an opportunity most investor has been waiting for, right now I belive most investors that purchase Bitcoin at a higher price will be panicking and mumuring while those that understand the movement of Bitcoin as a potential coin that can skyrocket at anytime will use this opportunity to purchase more Bitcoin to there portfolio and HODL.

DCA strategy is now going to be a chance to buy more BTC at dips prices, which is an advanced ideal investment for every investors. Those who are staying a level of maintenance of their holdings. Even those who take a chance to accumulate BTC through DCA and further increase the accumulated amount. Be strategic to increase and hold bitcoins as expected. Continue stacking for a long time until the desired circle is filled. If you are freely accumulating aggressively then panic will not work because you are in the DCA method and continuing. Let it happen before its prices and the final time come and more than the skyrocket thoughts.

[Ricardo11]

OK, the DIP is coming and it's NOW the time for YOU to PAY ATTENTION. For those who employ a DCA strategy, it's probably a good decision to start making your purchases bigger. For those who employ a Buy the DIP strategy, start placing your bids NOW. Currently, the 200-Weekly Simple Moving Average is at $34,200. Will it touch that line again? Probably not, but near that line has always been a good buying opportunity.

¯\_(ツ)_/¯

I see the DIP as an opportunity and advantage to accumulate more Bitcoin in your portfolio and hodl for a longer time.
The DIP is actually an opportunity most investor has been waiting for, right now I belive most investors that purchase Bitcoin at a higher price will be panicking and mumuring while those that understand the movement of Bitcoin as a potential coin that can skyrocket at anytime will use this opportunity to purchase more Bitcoin to there portfolio and HODL.

DCA strategy is now going to be a chance to buy more BTC at dips prices, which is an advanced ideal investment for every investors. Those who are staying a level of maintenance of their holdings. Even those who take a chance to accumulate BTC through DCA and further increase the accumulated amount. Be strategic to increase and hold bitcoins as expected. Continue stasking for a long time until the desired circle is filled. If you are freely accumulating aggressively then panic will not work because you are in the DCA method and continuing. Let it happen before its prices and the final time come and more than the skyrocket thoughts.

Today the price of Bitcoin has dropped quite a bit, already this Bitcoin price has dropped to $57,364.91. It is natural that many people will panic at this moment. But those who are true Bitcoin investors, will see the price of Bitcoin right now as another great buying opportunity. We should make proper use of this opportunity, those who can survive now, will succeed in the future. Focus your mind on holding, invest as much as possible and hold. without that money, May you live your daily life well, Don't waste that money, put it to good use i.e. invest in bitcoins. holding until the price of Bitcoin reaches a peak, and keep investing and holding until your expected portfolio is built, don't pay too much attention to the price and don't think about selling. Your goal should be holding only. Look at the dip as a buying opportunity and continue holding as much as possible using the DCA method.

[Y3shot]

Diversifying is a good idea, but measures need to be taken before venturing into any investment or business. That can be met if after taking partial profit from your bitcoin holdings, ensuring not to offset your Bitcoin accumulation process and account, you use the profits to invest into a prospective business you have knowledge of this will help to balance your goals too. Though there is no guarantee that such business will yield more in the early phase but overtime it will be worth it. This is the best approach for me on how to use some of our profits made.

Also ensuring a reinvestment into your Bitcoin holdings.

someone is 20 years late if he only has 1 source of income now, there are many ways to make money now as long as you are willing to work hard for it, i myself have an investment in bitcoin which i have been doing for the last few years, although not consistently but every several months i continued to buy and sell the bitcoin that i had, as a result my portfolio rose 30% ^{(plus my payment in the signature campaign)} since i first decided to invest in bitcoin.

apart from investing in Bitcoin, i also diversify my investment in several assets, such as gold and property, but i plan to sell several percent of my gold investment to buy Bitcoin.  Actually, diversifying investment is quite challenging, especially when the assets we own move quite wildly.  Don't put all your money in 1 basket, this is what i remember.

With bitcoin having a one basket is better. You may be thinking of how you can diversify your investment into others thinking that you are doing the right but trying to put yourself in trouble. So far as cryptocurrency is concerned I don't really believe in diversifying into other coins not just to let all my eggs not to be in the same basket, I prefer to have all my investment in bitcoin than to invest in coins that I'm not sure of because I know that altcoins are always not reliable.  
Bitcoin is the best cryptocurrency you can invest in and I don't see why one should think of other coins that are trying to imitate bitcoin as alternative investment. Diversify in cryptocurrency can also be seen as risk taking because the more baskets that you may be thinking of going into is even more risky than bitcoin.

[Miles2006]

I think it is still happening slowly.

For those who invest in Bitcoin, I'm sure they don't care about the current price correction, hasn't it been proven for a long time that Bitcoin prices are always able to recover and even always soar higher.
I see that the correction that is occurring is the impact of the recent halving and will increase drastically in the next few months. I am quite optimistic about this so there is not the slightest panic about what is happening now.

On the slowly part, well Bitcoin has just dropped to around $57k. That’s to say, we really into the slow correction but, it’s not going to go below $50k speculatively after reviewing the chart.
There was a support level around the $60k price make and once broken, the market seemed to be ready for a down trend and based on the data available, we had a consolidation market about $50k price mark around mid March and this point set the pace for a pump. I think that would act as support and would be maintained in any eventuality but, here we are with another point to take our buys as, the coin really is in its low right now for the most that depends on that for a buy.

Considering previous price and pattern is not guarantee cause it might likely turn out to be true or incorrect but regardless there's no need panicking, although there's no restriction for what's going to happen with bitcoin price movement, it's likely previous price during this season might not go as plan if considering the mindset of using previous pattern now. From my thought I considered bitcoin dip during the $68k range, this is the time to accumulate more as we've always see threads and people asking when to buy but if people like this fail to buy now what's the point making noise about bitcoin dip, I also see the dip as an opportunity to buy more aside my target cause it's a way of covering up for buying so late.

[Pi-network314159]

Diversifying is a good idea, but measures need to be taken before venturing into any investment or business. That can be met if after taking partial profit from your bitcoin holdings, ensuring not to offset your Bitcoin accumulation process and account, you use the profits to invest into a prospective business you have knowledge of this will help to balance your goals too. Though there is no guarantee that such business will yield more in the early phase but overtime it will be worth it. This is the best approach for me on how to use some of our profits made.

Also ensuring a reinvestment into your Bitcoin holdings.

someone is 20 years late if he only has 1 source of income now, there are many ways to make money now as long as you are willing to work hard for it, i myself have an investment in bitcoin which i have been doing for the last few years, although not consistently but every several months i continued to buy and sell the bitcoin that i had, as a result my portfolio rose 30% ^{(plus my payment in the signature campaign)} since i first decided to invest in bitcoin.

apart from investing in Bitcoin, i also diversify my investment in several assets, such as gold and property, but i plan to sell several percent of my gold investment to buy Bitcoin.  Actually, diversifying investment is quite challenging, especially when the assets we own move quite wildly.  Don't put all your money in 1 basket, this is what i remember.

With bitcoin having a one basket is better. You may be thinking of how you can diversify your investment into others thinking that you are doing the right but trying to put yourself in trouble. So far as cryptocurrency is concerned I don't really believe in diversifying into other coins not just to let all my eggs not to be in the same basket, I prefer to have all my investment in bitcoin than to invest in coins that I'm not sure of because I know that altcoins are always not reliable.  
Bitcoin is the best cryptocurrency you can invest in and I don't see why one should think of other coins that are trying to imitate bitcoin as alternative investment. Diversify in cryptocurrency can also be seen as risk taking because the more baskets that you may be thinking of going into is even more risky than bitcoin.

You are right in what you said, diversification is not all about Investing in altcoin which you have explained. But I don't think investing all your fund in bitcoin is the best option. Diversification does not necessarily mean investing in altcoin but there are other things that has volatility like land and many others, but since this thread is not talking about those other assets, we are actually concentrating on bitcoin and investment strategy. but that doesn't mean we should invest all our fund on it, or invest under pressure. Always invest the amount that will not affect you or invest what you can afford to lose. Btc investment is for the patient minded, tolerance and determined people, who are ready to face the challenges of ups and downs. When you don have the principles to control yourself duringy this bearish period, you may end up selling at lost. Let try as much as possible to do the right thing at the right time. Btc is the best investment but let us not overdue it.

[Mayor of ogba]

Dipppp this is what most of us as been waiting for this is an glorious opportunity to purchase or Stash more Bitcoin in yah portfolio and HODL,  by now alot of folks will be in the state of panicking which won't do any good . While those of us that understand Bitcoin and it's potential will take grab this opportunity to buy more expecially those no coiners and low coiners, this is the time to increase the rate of your accumulation, be as aggressive as you can so that when the bull run begins you will also smile and testify Like others.

You are right that this is a good opportunity to accumulate bitcoin because the price is low at the moment, but we should be careful how we use the word aggressive so that those who are new to bitcoin investment do not aggressively buy bitcoin with all their money. Since I'm accumulating bitcoin for the long term and will not be selling it in the coming bull market, I will stick to my DCA strategy so that I will be able to solve my unforeseen problems whenever they arise. But that doesn't stop the investors, who have enough liquidity, from seizing this opportunity and purchasing more bitcoin at a low price.

If you have savings then you should not invest with full money, as the price of bitcoin is going down a lot in the current market so investing at this time will definitely bring success in investment. Preparing for a bull market now is the best time to grow your investment by investing regularly. As the Dip is currently underway, investing in Bitcoin now should wait. So only one can be patient by making regular weekly or monthly investment because the time is right to invest for long term.

I'm all in on bitcoin, but since I'm not financially stable, I depend on my monthly salary to accumulate bitcoin with the DCA strategy when I receive my salary. I have other things to take care of, so I don't want to be concerned with buying the dip because I don't want to be carried away with it and touch the money I kept for emergencies. Tomorrow I will be paid my salary for last month, and I will accumulate bitcoin with the DCA strategy. I already have guidelines that I'm following in accumulating bitcoin with the DCA strategy, my goal is to hold my bitcoin portfolio to the expected year I want to sell and also live a comfortable life while accumulating bitcoin.

[Uhwuchukwu53]

Dipppp this is what most of us as been waiting for this is an glorious opportunity to purchase or Stash more Bitcoin in yah portfolio and HODL,  by now alot of folks will be in the state of panicking which won't do any good . While those of us that understand Bitcoin and it's potential will take grab this opportunity to buy more expecially those no coiners and low coiners, this is the time to increase the rate of your accumulation, be as aggressive as you can so that when the bull run begins you will also smile and testify Like others.

You are right that this is a good opportunity to accumulate bitcoin because the price is low at the moment, but we should be careful how we use the word aggressive so that those who are new to bitcoin investment do not aggressively buy bitcoin with all their money. Since I'm accumulating bitcoin for the long term and will not be selling it in the coming bull market, I will stick to my DCA strategy so that I will be able to solve my unforeseen problems whenever they arise. But that doesn't stop the investors, who have enough liquidity, from seizing this opportunity and purchasing more bitcoin at a low price.

I agree with you mayor dippp is good opportunity for any intending buying but whoever that have intensions of accumulating for long term without diverse means of income really need plan when on how he/she buy now, because if you take because of dip and over invest it will destroy your holding as many challenges may face you which you can't endure the holding.

Over buying should properly be considered mostly anyone who lack this income because when you exceeded what even your emergency fund can Carter it become a problem that will damage the investment and destroy the Long term investment.
What many need now is moderation why entering the market proper planning because anything lack moderation may really  end up lossing the primary objective.

[tiCeR]

...

Don't put all your money in 1 basket, this is what i remember.

There is no reason to diversify for the mere sake of diversifying.  Maybe you heard that idea of diversifying from a shitcoiner?  or perhaps from someone who was trying to sound smart, or sell you something?  Do you believe everything that you hear?

Surely if you have accumulated a year or more of income/expenses worth of investments/savings, it might start to make sense to diversify.. but the mere proposal to diversify for the mere sake of it, just because it sounds good (or smart) does not make a whole hell of a lot of sense, especially for someone who might be in his earliest stages of building his investment portfolio or if he has a small disposable income and he is only investing $10 a week or some small amount (even $100 per week is not very much), then you want him to divide that $10 per week into smaller lots.. .. think about how dumb that sounds as a blanket statement... .but yeah, once you get to a certain size, then some diversification might start to make sense, and perhaps adding one asset at a time.. maybe every 1 or 2 years add a new asset.. .

but no need to rush into diversifying into anything that might not make sense (especially something like shitcoins, which would be gambling rather than investing, but some folks might consider shitcoins to be amongst the only practical things to buy, which might not be a good idea.. but people have to decide for themselves)... but yeah the traditional assets of property, equities, bonds, commodities, cash/cash equivalents, seem to be part of what you are doing.. which is not necessarily wrong, but not necessarily a good idea for everyone depending on the totality of his investment portfolio and how it might already be divided up.

Ok at least this guy is talking about different asset classes. The best shitcoiners are those who talk about diversification while they mean to not put everything into BTC, but diversify across several cryptocurrencies, which in 99% of the time (if not 100%) is of course bullshit. The hope probably is to catch this one mystic cryptocurrency that does not dive as hard when BTC dives a lot. But I am sure everyone who tried that couple of times should know by now that it doesn't work out unless someone gets lucky for some reason. Problem then is that they think they outplayed other market participants instead of just being lucky.

think about how dumb that sounds as a blanket statement...

That is the issue. Doing something for the sake of doing something, this makes me smile because there are indeed people (maybe everyone knows one guy) who'd rather drinking water for the same of drinking water, yet you got to remind them of drinking a glass of water when they once again complain about a headache because they don't drink enough. I think some people in a very similar fashion follow these blanket statements. However, especially when it comes to investing, the list of individual factors to consider could be very long.

If someone is in a position that allows them to take risks because there are barely any other obligations, in my opinion a lot depends on how well that person understands the asset. If someone - let's say a technical geek - in 2010 had a very deep conviction that BTC has a bight future, I don't see a reason why that person should diversify a lot at all. Maybe that someone has no clue about real estate. I think then either learn a lot about real estate or stick to the assets you understand (or believe to understand, nobody's getting this perfect all the time).


But since this thread is more about the DIPS and HODLING, I am wondering how many BTC gamblers (not HODLers) are shitting their pants that we will soon see 20k again and they are trying to gamble instead of hold. It looks like some action for the newcomers and the daytraders, but the long term HODLers here probably don't even care for a second when BTC goes from 70k to 55k.

[Notalony]

Dipppp this is what most of us as been waiting for this is an glorious opportunity to purchase or Stash more Bitcoin in yah portfolio and HODL,  by now alot of folks will be in the state of panicking which won't do any good . While those of us that understand Bitcoin and it's potential will take grab this opportunity to buy more expecially those no coiners and low coiners, this is the time to increase the rate of your accumulation, be aggressive as you can so that when the bull run begins you will also smile and testify Like others.

Not everybody will be  smiling when the bull run will begins, those low coiners can never smile at seeing a bull run because they will be making purchases at a higher price although that shouldn't be much of a problem if only they can be consistence with their DCA either weekly or monthly but generally, those that will mostly be smiling at maximum are those that already have a good and sizeable worth of Bitcoin up to a reasonable amount which at that point it will only become a decision of whether to sell part of their investment or not, and at the same time they may also not be making purchases on regular basis any more while seeing the market in an upward trends but may decide to buy at a dip, what am trying to say is that everybody can be talking about the bull run but not  all is going to maximize the excitement that comes with a bull run.

[Marvelockg]

Don't put all your money in 1 basket, this is what i remember.

There is no reason to diversify for the mere sake of diversifying.  Maybe you heard that idea of diversifying from a shitcoiner?  or perhaps from someone who was trying to sound smart, or sell you something?  Do you believe everything that you hear?

Surely if you have accumulated a year or more of income/expenses worth of investments/savings, it might start to make sense to diversify.. but the mere proposal to diversify for the mere sake of it, just because it sounds good (or smart) does not make a whole hell of a lot of sense, especially for someone who might be in his earliest stages of building his investment portfolio or if he has a small disposable income and he is only investing $10 a week or some small amount (even $100 per week is not very much), then you want him to divide that $10 per week into smaller lots.. .. think about how dumb that sounds as a blanket statement... .but yeah, once you get to a certain size, then some diversification might start to make sense, and perhaps adding one asset at a time.. maybe every 1 or 2 years add a new asset.. .

but no need to rush into diversifying into anything that might not make sense (especially something like shitcoins, which would be gambling rather than investing, but some folks might consider shitcoins to be amongst the only practical things to buy, which might not be a good idea.. but people have to decide for themselves)... but yeah the traditional assets of property, equities, bonds, commodities, cash/cash equivalents, seem to be part of what you are doing.. which is not necessarily wrong, but not necessarily a good idea for everyone depending on the totality of his investment portfolio and how it might already be divided up.

Ok at least this guy is talking about different asset classes. The best shitcoiners are those who talk about diversification while they mean to not put everything into BTC, but diversify across several cryptocurrencies, which in 99% of the time (if not 100%) is of course bullshit. The hope probably is to catch this one mystic cryptocurrency that does not dive as hard when BTC dives a lot. But I am sure everyone who tried that couple of times should know by now that it doesn't work out unless someone gets lucky for some reason. Problem then is that they think they outplayed other market participants instead of just being lucky.

Luck in itself shows that such a person is gambling and not making any investments and no one invest into Bitcoin hoping he gets lucky in his investment. Luck is for traders and those investing in altcoin and it's very much same as gaymbl. The reason why people talk about diversification is because they are so into asset that they don't even trust and juat want to try there luck out.

Instead of diversifying your portfolio hoping to get whatever profit you're looking out for from other assets, isn't it better you divide your funds into different amount and probably front load with some amount while if the amount you have is much, you can keep others out for the purpose of buying during the dip.

think about how dumb that sounds as a blanket statement...
 


But since this thread is more about the DIPS and HODLING, I am wondering how many BTC gamblers (not HODLers) are shitting their pants that we will soon see 20k again and they are trying to gamble instead of hold. It looks like some action for the newcomers and the daytraders, but the long term HODLers here probably don't even care for a second when BTC goes from 70k to 55k.

regardless of whatever opinion any speculator holds and even if at the end of the day such speculation end up playing out and Bitcoin DIPs to $20k, it will only affect them negatively cause for those of us that understands the importance of DIPs, we already know that such opportunities only presents itself just to enable us to stack up a good chunk of bitcoin at such DIP and not for us to get afraid and sell off our Bitcoin due to fear that it might get more bearish. But let's not get it all twisted to assume that Bitcoin will ever get to $20k, Such times have past and whoever have sold part of his holding and is waiting for such dips before buying back will be damn supprised when Bitcoin goes all high before even getting anywhere close to $50k. Note that what's happening now with Bitcoin price getting bellow $60k isn't anything to be concerned about and the only reason why it looks like a big deal for those that haven't probably looked at what played out in previous circles is due to the fact that we just hard an ATH before the halving which made a lot of people to become too positive that Bitcoin will never get below $60k before it gets to $100k but looking at past circles, Bitcoin often experience this kinds of DIPs before it even get bullish some months after the Bitcoin halving.

[ginsan]

Today the price of Bitcoin has dropped quite a bit, already this Bitcoin price has dropped to $57,364.91. It is natural that many people will panic at this moment. But those who are true Bitcoin investors, will see the price of Bitcoin right now as another great buying opportunity. We should make proper use of this opportunity, those who can survive now, will succeed in the future. Focus your mind on holding, invest as much as possible and hold. without that money, May you live your daily life well, Don't waste that money, put it to good use i.e. invest in bitcoins. holding until the price of Bitcoin reaches a peak, and keep investing and holding until your expected portfolio is built, don't pay too much attention to the price and don't think about selling. Your goal should be holding only. Look at the dip as a buying opportunity and continue holding as much as possible using the DCA method.

In my opinion, one of the best opportunities is to hold on and keep buying because as long as you make a purchase but you are not strong enough to hold it then you are not the characteristics of someone who invests in the long term. The decline after the halving is quite natural and we can even compare the correction that occurred in the previous halving with this year's halving. As Op said, it is very appropriate that now is the right time to buy aggressively because when a correction occurs that is the opportunity we have been waiting for.

When a price reversal occurs where the price is corrected every day, the right step is to buy gradually without missing this opportunity. Of course, in theory, many people are panicking about the current situation, which in my opinion is not really ready for changes in market conditions. For this reason, to be a true holder, we need a strong mentality and not to panic when prices fall.

[Roseline492]

Dipppp this is what most of us as been waiting for this is an glorious opportunity to purchase or Stash more Bitcoin in yah portfolio and HODL,  by now alot of folks will be in the state of panicking which won't do any good . While those of us that understand Bitcoin and it's potential will take grab this opportunity to buy more expecially those no coiners and low coiners, this is the time to increase the rate of your accumulation, be as aggressive as you can so that when the bull run begins you will also smile and testify Like others.

You are right that this is a good opportunity to accumulate bitcoin because the price is low at the moment, but we should be careful how we use the word aggressive so that those who are new to bitcoin investment do not aggressively buy bitcoin with all their money. Since I'm accumulating bitcoin for the long term and will not be selling it in the coming bull market, I will stick to my DCA strategy so that I will be able to solve my unforeseen problems whenever they arise. But that doesn't stop the investors, who have enough liquidity, from seizing this opportunity and purchasing more bitcoin at a low price.

If you have savings then you should not invest with full money, as the price of bitcoin is going down a lot in the current market so investing at this time will definitely bring success in investment. Preparing for a bull market now is the best time to grow your investment by investing regularly. As the Dip is currently underway, investing in Bitcoin now should wait.

I wonder why you would suggest for people to stop investing on Bitcoin now just because of the price drop, however it seems you are expecting more serious dip before you can invest, actually is a very wrong idea because this could cost you to miss accumulating Bitcoin while you can also one of the things you should also understand about Bitcoin is that you can hardly predict it movements because right now it may seem bearish but the next moment it will start increasing, so don't misunderstand the Bitcoin price movement now to become more dipper, so the early you start accumulating Bitcoin the better chance you would have.

[promise444c5]

I've  been following  up the recent posts by investors, I noticed it's  mainly on the  DIP in the market and I come into conclusion  that  most of this investors are short term investors and not to confuse them as holders, they are investing  just to get their short term ROI  probably in hurry to get into the bull run profits.

I've  said this in one of my comments  recently that this current dip is what really separate  short term investors and long-term investors,  one group sees it as a means of getting more opportunities,  the other group see it as a loss, the way you see it judges your category .

Thus, this is the main reason we will continue  to experience  dip until  the price is finally corrected (so we cannot really force them to hold we can only advice them to Hold  ) .

When we finally enter the bull run, we will be having another old+new short-term investors and as well as long term investors (maybe new entries) coming back to the game and the FOMO will definitely increase , it just the tradition  .

[Tmoonz]

Dipppp this is what most of us as been waiting for this is an glorious opportunity to purchase or Stash more Bitcoin in yah portfolio and HODL,  by now alot of folks will be in the state of panicking which won't do any good . While those of us that understand Bitcoin and it's potential will take grab this opportunity to buy more expecially those no coiners and low coiners, this is the time to increase the rate of your accumulation, be as aggressive as you can so that when the bull run begins you will also smile and testify Like others.

You are right that this is a good opportunity to accumulate bitcoin because the price is low at the moment, but we should be careful how we use the word aggressive so that those who are new to bitcoin investment do not aggressively buy bitcoin with all their money. Since I'm accumulating bitcoin for the long term and will not be selling it in the coming bull market, I will stick to my DCA strategy so that I will be able to solve my unforeseen problems whenever they arise. But that doesn't stop the investors, who have enough liquidity, from seizing this opportunity and purchasing more bitcoin at a low price.

Yeah that is correct, there is absolutely nothing wrong in sizing this opportunity by buying aggressively without over doing it, it is only when you over do it that it will becomes problematic to your investment journey where you may have tampered with the money meant for emergency or money for your basic needs to buy Bitcoin. However, this is where the reserve  funds plays an important role for sizing the opportunity of this kind after knowing how much of the discretional/disposable income you have.

I see the DIP as an opportunity and advantage to accumulate more Bitcoin in your portfolio and hodl for a longer time.
The DIP is actually an opportunity most investor has been waiting for, right now I belive most investors that purchase Bitcoin at a higher price will be panicking and mumuring while those that understand the movement of Bitcoin as a potential coin that can skyrocket at anytime will use this opportunity to purchase more Bitcoin to there portfolio and HODL.

The murmuring and panicking on seeing Bitcoin making a downward trends is only associated with those traders whose aim are only to maximize short term profits or probably those who are still indecisive about the potentials Bitcoin holds but a real Bitcoin investor must have been well prepare for this and will take advantage of it by buying aggressively without over doing it.

[HelliumZ]

OK, the DIP is coming and it's NOW the time for YOU to PAY ATTENTION. For those who employ a DCA strategy, it's probably a good decision to start making your purchases bigger. For those who employ a Buy the DIP strategy, start placing your bids NOW. Currently, the 200-Weekly Simple Moving Average is at $34,200. Will it touch that line again? Probably not, but near that line has always been a good buying opportunity.

¯\_(ツ)_/¯

Bitcoin bounced back to $56500 today creating a substantial opportunity for Bitcoin investors. As Bitcoin broke the $60,000 line and dropped to the $56,000 line, Bitcoin may fall to $50,000, making it a good time to invest for Bitcoin investors. For those who invest using the Dollar Cost Averaging (DCA) method, this is considered a dip market enough to invest in.