Buy the DIP, and HODL!

[SOKO-DEKE]

This is another dip to buy again because the price is rising again. and the price right now is $114+k and it is in the green and the indication shows that it will hit $122+k again, those who were waiting can invest now and don't waste their time again but invest now that is still low.

It  show that this is another opportunity for buyers to accumulate bitcoin from this dip before the price will increase again, and the only thing that will make some investors not to buy in this particular price in the market, it  may be lack of fund which is the only thing that will stop such group of investors not to buy bitcoin now because the price has dropped down compare to the high price they have been accumulating bitcoin from, but from this indication, I don't think the bearish season is here already because the price will definitely hit $130k before the end of this year, and  whoever that will invest will not be waiting for low price to appear before they can invest on bitcoin than to start buying from any price and continue holding to witness the $130k that will hit the market soon.

Any investor that uses the DCA method to accumulate Bitcoin, the Dip is a time for them to front load or invest aggressively if they have been preparing for it but it is quite unfortunate that some folks don't prepare for this situation and greed will make them want to touch other funds that are not supposed to used to invest in Bitcoin and at the they began to have problem in there investment that is lack of knowledge. You don't have to work yourself out when you don't prepare for something because if you do you will definitely get into problem.

Somehow I believe we have enter the bearish season because the level of this Dip was really massive, check where the price of Bitcoin was and where it Dip to and for those that are still waiting for price to Dip more they are really wasting time because the price will surge from here soon.

It is just a little dip, and it’s normal. It is possible the dip is just for correction, so I don't know why you're saying that we have entered a bearish period. If that is the case, when Bitcoin reached $100K, why did it drop to the $80K range and still move to above $115K without taking much time, and later move to $120K plus?So, what I just want to say is it’s normal for Bitcoin to take a correction. When the bearish period starts, it will be hard for someone to know unless it continues dropping and drops to one level.What is there is how people keep predicting Bitcoin some months ago  that Bitcoin would drop to $70K  but by the end of the time, the prediction was made even while Bitcoin’s price was increasing.So, let’s stop predicting Bitcoin and just focus on accumulating by using the DCA method.

[Justbillywitt]

Somehow I believe we have enter the bearish season because the level of this Dip was really massive, check where the price of Bitcoin was and where it Dip to and for those that are still waiting for price to Dip more they are really wasting time because the price will surge from here soon.

If you think we are in the bearish season, then why are you expecting price to surge again? The level of this dip is not really that massive as compared to what happened when bitcoin dropped from $109k to about $73k thereabout, when the US government was talking about Tariff. Many people thought it to be the return of the bearish season but it wasn't. What  the market is experiencing now is just a mare market correction and not the return bearish season. The market is just taking a reset to gather momentum for another upward movement. So far $113k has been a major support, let's hope it doesn't lose the support region. But as long as bitcoin is still trading above $100k we are very much still in the bullish market.

[Lolipo]

HODL" in the context of cryptocurrency, is a term that originated from a typo in a cryptocurrency forum, but it's since become a popular slang term meaning to hold onto your cryptocurrency for the long term, regardless of price fluctuations. It's often used as a mantra by investors who believe in the long-term potential of their digital assets and are willing to weather market volatility. Some have even reinterpreted it as an acronym for "Hold On for Dear Life," emphasizing the importance of holding through market downturns.
Here's a more detailed explanation:
Origin:
The term "HODL" first appeared in a 2013 Bitcoin forum post, where someone misspelled the word "hold".
Meaning:
While initially just a typo, "HODL" has become synonymous with a long-term cryptocurrency investment strategy.
Buy and Hold:
HODLing is essentially the crypto equivalent of a "buy and hold" strategy, where investors purchase and retain their cryptocurrency with the expectation that its value will increase over time.
Volatility:
The crypto market is known for its volatility, with prices experiencing significant swings. HODLing is a strategy that aims to mitigate the impact of these fluctuations by focusing on the long-term potential of the asset.
Psychology:
HODLing can be seen as a psychological approach to investing, encouraging investors to remain calm and rational during market downturns, rather than making impulsive decisions based on short-term price movements.
Acronym:
While the original meaning was simply a misspelling, some have retroactively interpreted "HODL" as an acronym for "Hold On for Dear Life," highlighting the importance of staying the course during periods of market uncertainty.

[Agbamoni]

I don't agree with you,  Bitcoin is still very much bullish in my calculations and nothing in any way to be considered as bearish, from $124k to where it is now is not much of the difference to call it bearish, what am saying is that I don't think we have entered the bear season, with this use DCA strategy investors will definitely catch a lot of dips by buying on different price points and intervals, buying the dip is not really something anyone should be worried about to the extend of using money not meant for investment to buy the dip out of greed I know this things happens but it is wrong.

You're not far from the truth. Many folks cannot spot the difference from a bearish season and price fluctuation. If they were newbies in Bitcoin that would be a different case but most of them are people who have witness many cycles in Bitcoin. Yet whenever the price of Bitcoin goes down a little, you see them talking bout bearish in Bitcoin. Its so annoying honestly. I was actually telling someone in a differ t thread, that the last Bitcoin when down it came back and broke a new ATH. Dont be surprised the same thing can repeat again. We are actually bullish in Bitcoin.

[Ricardo11]

I don't agree with you,  Bitcoin is still very much bullish in my calculations and nothing in any way to be considered as bearish, from $124k to where it is now is not much of the difference to call it bearish, what am saying is that I don't think we have entered the bear season, with this use DCA strategy investors will definitely catch a lot of dips by buying on different price points and intervals, buying the dip is not really something anyone should be worried about to the extend of using money not meant for investment to buy the dip out of greed I know this things happens but it is wrong.

You're not far from the truth. Many folks cannot spot the difference from a bearish season and price fluctuation. If they were newbies in Bitcoin that would be a different case but most of them are people who have witness many cycles in Bitcoin. Yet whenever the price of Bitcoin goes down a little, you see them talking bout bearish in Bitcoin. Its so annoying honestly. I was actually telling someone in a differ t thread, that the last Bitcoin when down it came back and broke a new ATH. Dont be surprised the same thing can repeat again. We are actually bullish in Bitcoin.

Such a mentality should definitely be abandoned, those who truly believe in Bitcoin, avoid all kinds of falling situations and survive in the long term.
Short-term fluctuations are just an opportunity to buy at a slightly lower price, so there is no reason to be afraid of it, but it is important to make decisions with more patience and responsibility.
Volatility is never something to be afraid of or afraid of, these are natural movements, so it should always be ignored. Only in the long term can the true power of Bitcoin be understood.

[Dictator69]

Off cause you don't need to go out and tell people you are a Bitcoin holder or investor that is insane because no one ask you but as a person, you should know your friends that are into Bitcoin investment and so whenever you guys are together and they are talking about Bitcoin and if they are traders, to some point you as a holder will come in to the talk and tell them the importance of holding Bitcoin for years and how secure and different it is from trading and if there is someone that haven't heard or doesn't have knowledge about holding for long the person may probably pick interest and I will want to know more that is life, you must not go out to preach Bitcoin to the world and the truth is whether you go out or not people will be aware of it Bitcoin because they always talk about Bitcoin on news and internet.

It is not only in Bitcoin people can plan evil against you or your family or relation there are people that are naturally wicked to the point they don't want the progress of other people and so even if it is another Investment you are doing and you are making progress they will still want to do same thing and as a prudent person one mistake you shouldn't make is telling people how much you have in your investment or how big your portfolio is.

This can change the whole idea of the topic because if we have friends who are also into trading then we don't have to fear them, we can tell them and we must tell them, because that's how ideas will get exchanged, I had people around me that I did not knew was into crypto but until I learn and heard them and joined their discussions at my work, I realized everyone know a little or more about crypto.

We don't have to preach bitcoin to anyone, it is at a point doing the preach for itself and you are right about wicked people they can't see the success of others they feel jealous too but that's another reason to hide our funds for security reasons, I think we should tell to the ones we trust the most, but among strangers we should be careful with what we say. I did not understand what you wrote as the first letter "Offcause" you meant to write of course I think, as Hewlet also wrote ofcause in his reply to me so I got confused as maybe this is a word I don't know of, two people are using it.

[Rockson1]

I don't agree with you,  Bitcoin is still very much bullish in my calculations and nothing in any way to be considered as bearish, from $124k to where it is now is not much of the difference to call it bearish, what am saying is that I don't think we have entered the bear season, with this use DCA strategy investors will definitely catch a lot of dips by buying on different price points and intervals, buying the dip is not really something anyone should be worried about to the extend of using money not meant for investment to buy the dip out of greed I know this things happens but it is wrong.

This is just the truth, where was bitcoin price in 2023, where is the price now, so because it retraced from $124k to this amount that we at presently some people feel that it is now bearish, what a high level of misunderstanding, this makes me think that some person are not actually accumulating bitcoin since they keep wondering about disturbing themselves about a recurring opportunity, if I may ask, was bitcoin meant to be stable, the person that thinks that bitcoin price is bearish, has he also consider what volatility is, for the sake of clarification and further understanding, people should know that even as we all hope see bitcoin to reach to another milestone in the future, it happen in gradual process not overnight, this is not time to complain because there's nothing to complain about we are still very bullish, this is time to buy more, this opportunity may not come again, so every one should buy buy and buy as long as we have what we need to buy with.

[Wind_FURY]

If you're in a bad mood because of the current price movement. - You have the DIP that everyone is waiting for to get more units of Bitcoin for the same amount of fiat.

  ¯\_(ツ)_/¯

If Bitcoin goes under $100,000 that's a good opportunity in my opinion. If it touches the 200 Weekly SMA? You're lucky. That's another Golden Opportunity, and that's a FACT. Although, Bitcoin might not touch that again for two years.

[Proty]

If you're in a bad mood because of the current price movement. - You have the DIP that everyone is waiting for to get more units of Bitcoin for the same amount of fiat.

  ¯\_(ツ)_/¯

If Bitcoin goes under $100,000 that's a good opportunity in my opinion. If it touches the 200 Weekly SMA? You're lucky. That's another Golden Opportunity, and that's a FACT. Although, Bitcoin might not touch that again for two years.

It is during the dip that most people do panic however they can utilise this opportunity to accumulate more bitcoin as long as the extra cash is there. I believe there are investors that may allow the current correction in the market to influence there decision. If bitcoin happens to reach 200 weekly SMA , it will definitely favour long term holders. it is mostly traders that do panic whenever there is market correction since they are into bitcoin to make quick profit , therefore instead seeing it as an opportunity of accumulating more bitcoin they become afraid.

[Joeboy]

Because you will notice that collecting Bitcoin according to the DCA method weekly will definitely reduce your additional expenses

Please I will like you to elaborate more on this, because I don't understand how collecting bitcoin using the DCA method weekly will reduce someone's additional expenses.  I would like to know those additional expenses you are referring to. Because to the best of my knowledge, buying bitcoin is also an expenditure which one has budgeted from his discretionary income. So what are those additional expenses that DCA will reduce for the investor?

Note: You know I am a newbie and I'm trying to learn as fast as I can.

Well when one makes use of  DCA strategy in accumulating Bitcoin let me say weekly basis, that person is automatically setting aside a fixed amount of money for Bitcoin before he or she even think of spending it on other unnecessary things. This habit lessens the chance of wasting that same money on unnecessary expenses that don't build long term value. We can say that DCA reduces additional expenses coz it enables one to prioritize Bitcoin savings over casual spending by channelling part of your income into something productive instead of letting that money slip away on things that won’t  really matter in the future to come.

Just think of it in this manner, without DCA, a person who has like $10k sitting in his account can begin to start spending it on irrelevant things like maybe outing buying of expensive item and gadget etc. But if he had already dedicated a portion of his money like let me say $5k for Bitcoin each week through DCA,  some of those “extra expenses( or irrelevant things) would never even happen coz he has already locked that portion into investment.

[MithiRM]

Well when one makes use of  DCA strategy in accumulating Bitcoin let me say weekly basis, that person is automatically setting aside a fixed amount of money for Bitcoin before he or she even think of spending it on other unnecessary things. This habit lessens the chance of wasting that same money on unnecessary expenses that don't build long term value. We can say that DCA reduces additional expenses coz it enables one to prioritize Bitcoin savings over casual spending by channelling part of your income into something productive instead of letting that money slip away on things that won’t  really matter in the future to come.

Just think of it in this manner, without DCA, a person who has like $10k sitting in his account can begin to start spending it on irrelevant things like maybe outing buying of expensive item and gadget etc. But if he had already dedicated a portion of his money like let me say $5k for Bitcoin each week through DCA,  some of those “extra expenses( or irrelevant things) would never even happen coz he has already locked that portion into investment.

Look I get what you're trying to saying but tbh I think your kinda oversimplifying it? Like yeah DCA can help with discipline but it's not some magical solution that stops people from overspending.If someone has $10k and they're the type to blow it on random stuff, they're probably gonna find other ways to waste money even with DCA. It's more about mindset than just having a system, you know? Plus your example doesn't really make sense $5k weekly for Bitcoin?? That's like $260k a year dude, most people don't have that kind of money lying around. You ain't gonna find those people easily either

And here's the thing that bothers me DCA can actually make people more careless with their remaining money because they feel like they're already being "responsible" with their investment. It's like when people eat a salad then think they can have dessert because they were healthy earlier.
Also Imo, what if Bitcoin tanks? Then all that money you "saved" from buying gadgets is now worth way less. At least with a gadget you actually get to use it and enjoy it. I'm not saying don't invest, but acting like DCA automatically makes you financially disciplined is pretty naive if you ask me.

[Humblevirus]

This is another dip to buy again because the price is rising again. and the price right now is $114+k and it is in the green and the indication shows that it will hit $122+k again, those who were waiting can invest now and don't waste their time again but invest now that is still low.

It  show that this is another opportunity for buyers to accumulate bitcoin from this dip before the price will increase again, and the only thing that will make some investors not to buy in this particular price in the market, it  may be lack of fund which is the only thing that will stop such group of investors not to buy bitcoin now because the price has dropped down compare to the high price they have been accumulating bitcoin from, but from this indication, I don't think the bearish season is here already because the price will definitely hit $130k before the end of this year, and  whoever that will invest will not be waiting for low price to appear before they can invest on bitcoin than to start buying from any price and continue holding to witness the $130k that will hit the market soon.

Any investor that uses the DCA method to accumulate Bitcoin, the Dip is a time for them to front load or invest aggressively if they have been preparing for it but it is quite unfortunate that some folks don't prepare for this situation and greed will make them want to touch other funds that are not supposed to used to invest in Bitcoin and at the they began to have problem in there investment that is lack of knowledge. You don't have to work yourself out when you don't prepare for something because if you do you will definitely get into problem.

Somehow I believe we have enter the bearish season because the level of this Dip was really massive, check where the price of Bitcoin was and where it Dip to and for those that are still waiting for price to Dip more they are really wasting time because the price will surge from here soon.

For a real investor, your focus should be on how you will continue building your portfolio, not whether we are in a bear market or a bull run.Thinking too much about market phases especially bear markets can lead to the mistake of trying to time the Bitcoin market, which is a very wrong idea.when people think the market is bearish, they often expect Bitcoin to dip. This leads to setting price targets, waiting for lower prices before buying. But this kind of mindset isn't healthy for investors especially early investors.

Instead of worrying about whether we are in a bear or bull market, investors should focus on long-term goals. Constantly thinking about bear markets can discourage people from investing, even when prices drop and opportunities appear. Long-term thinking and consistency matter more than market timing.

[Muba20]

If you're in a bad mood because of the current price movement. - You have the DIP that everyone is waiting for to get more units of Bitcoin for the same amount of fiat.

  ¯\_(ツ)_/¯

If Bitcoin goes under $100,000 that's a good opportunity in my opinion. If it touches the 200 Weekly SMA? You're lucky. That's another Golden Opportunity, and that's a FACT. Although, Bitcoin might not touch that again for two years.

The purpose of investing in Bitcoin should be changed, we should consider the current decline in Bitcoin as an opportunity. The price of Bitcoin is relatively low in the current market. Those who are doing DCA will benefit the most from this market. And those who are waiting for the dip are expecting temporary gains, with little chance of increasing their holdings in the long term. Those who decide to buy Bitcoin after the price of Bitcoin drops below 100k are investing based on luck, while those who are doing DCA are consistently moving towards the implementation of the goal. Who wants to see themselves at what level will depend entirely on themselves.

[yixichloro2xx]

If you're in a bad mood because of the current price movement. - You have the DIP that everyone is waiting for to get more units of Bitcoin for the same amount of fiat.

  ¯\_(ツ)_/¯

If Bitcoin goes under $100,000 that's a good opportunity in my opinion. If it touches the 200 Weekly SMA? You're lucky. That's another Golden Opportunity, and that's a FACT. Although, Bitcoin might not touch that again for two years.

True words. People cry about dips but those are the exact moments that make the difference in the long run. Every time Bitcoin touched the 200W SMA in the past, it turned out to be one of the best buying chances. If we get anything close to that again, it’s not a reason to panic, it’s a gift.....Under $100k in the future will look just like $20k or even $3k looks to us today. Cheap. The only mistake is letting emotions stop you from stacking when the opportunity is right in front of you.

The purpose of investing in Bitcoin should be changed, we should consider the current decline in Bitcoin as an opportunity. The price of Bitcoin is relatively low in the current market. Those who are doing DCA will benefit the most from this market. And those who are waiting for the dip are expecting temporary gains, with little chance of increasing their holdings in the long term. Those who decide to buy Bitcoin after the price of Bitcoin drops below 100k are investing based on luck, while those who are doing DCA are consistently moving towards the implementation of the goal. Who wants to see themselves at what level will depend entirely on themselves

Good take. DCA is definitely the smartest way to build a position because it doesn’t matter what the market is doing, you’re always stacking. Most people waiting for the perfect dip usually end up with nothing because the market never moves exactly how they expect.......Still, I wouldn’t say dip buyers are only relying on luck. When Bitcoin does crash hard, those who step in usually get rewarded big in the long run. The real challenge is nobody knows when that bottom will come, so steady DCA with a bit extra on deep dips is probably the best balance.

I don't agree with you,  Bitcoin is still very much bullish in my calculations and nothing in any way to be considered as bearish, from $124k to where it is now is not much of the difference to call it bearish, what am saying is that I don't think we have entered the bear season, with this use DCA strategy investors will definitely catch a lot of dips by buying on different price points and intervals, buying the dip is not really something anyone should be worried about to the extend of using money not meant for investment to buy the dip out of greed I know this things happens but it is wrong.

This is just the truth, where was bitcoin price in 2023, where is the price now, so because it retraced from $124k to this amount that we at presently some people feel that it is now bearish, what a high level of misunderstanding, this makes me think that some person are not actually accumulating bitcoin since they keep wondering about disturbing themselves about a recurring opportunity, if I may ask, was bitcoin meant to be stable, the person that thinks that bitcoin price is bearish, has he also consider what volatility is, for the sake of clarification and further understanding, people should know that even as we all hope see bitcoin to reach to another milestone in the future, it happen in gradual process not overnight, this is not time to complain because there's nothing to complain about we are still very bullish, this is time to buy more, this opportunity may not come again, so every one should buy buy and buy as long as we have what we need to buy with.

Exactly, this is the point that many people miss, bitcoin was never designed to move in a straight line up, it goes up, it pulls back, then it goes higher again, that is the natural movement. If anyone thinks a retrace from 124k down to where we are now is the end, then that person never understood volatility in the first place.

Instead of complaining, this is the time to focus, because these dips are the same opportunities people were praying for when price was pumping. Tomorrow when bitcoin moves to another milestone, the same people will still regret not buying when it was low. The truth is simple, we are still bullish and every pullback is for accumulation, so if you have the chance to buy now, just buy and keep stacking.

[Jewan420]

The purpose of investing in Bitcoin should be changed, we should consider the current decline in Bitcoin as an opportunity. The price of Bitcoin is relatively low in the current market. Those who are doing DCA will benefit the most from this market. And those who are waiting for the dip are expecting temporary gains, with little chance of increasing their holdings in the long term. Those who decide to buy Bitcoin after the price of Bitcoin drops below 100k are investing based on luck, while those who are doing DCA are consistently moving towards the implementation of the goal. Who wants to see themselves at what level will depend entirely on themselves.

This is a good time for DCA investors in particular to buy at low prices. I think it is a good idea to be aggressive during this time if you can afford it. But it should be within your means, nothing in excess is good. So try to use this time wisely and plan for the long term. I am not saying anything for short term investors here, if they are expecting big profits then they should definitely accustom themselves to long term planning.

[Finebone]

If you're in a bad mood because of the current price movement. - You have the DIP that everyone is waiting for to get more units of Bitcoin for the same amount of fiat.

  ¯\_(ツ)_/¯

If Bitcoin goes under $100,000 that's a good opportunity in my opinion. If it touches the 200 Weekly SMA? You're lucky. That's another Golden Opportunity, and that's a FACT. Although, Bitcoin might not touch that again for two years.

The purpose of investing in Bitcoin should be changed, we should consider the current decline in Bitcoin as an opportunity. The price of Bitcoin is relatively low in the current market. Those who are doing DCA will benefit the most from this market. And those who are waiting for the dip are expecting temporary gains, with little chance of increasing their holdings in the long term. Those who decide to buy Bitcoin after the price of Bitcoin drops below 100k are investing based on luck, while those who are doing DCA are consistently moving towards the implementation of the goal. Who wants to see themselves at what level will depend entirely on themselves.

this is why I think the dca accumulating strategy is special, because you will have to buy at every price interval, and you might decide to be flexible while dcaing, what I mean is that while accumulating through the dca accumulating strategy, and their is a dip like this, you may decide to buy aggressively if you have the reserve funds to do so, sometimes you will invest according to the discretionary at your disposal,not mandatory that it must be a certain amount, but the key thing is that their is consistent accumulation of Bitcoin through the dca accumulating strategy, so focusing on the goal of building your stash is the real deal here.

[Miramax12]

This is another dip to buy again because the price is rising again. and the price right now is $114+k and it is in the green and the indication shows that it will hit $122+k again, those who were waiting can invest now and don't waste their time again but invest now that is still low.

It  show that this is another opportunity for buyers to accumulate bitcoin from this dip before the price will increase again, and the only thing that will make some investors not to buy in this particular price in the market, it  may be lack of fund which is the only thing that will stop such group of investors not to buy bitcoin now because the price has dropped down compare to the high price they have been accumulating bitcoin from, but from this indication, I don't think the bearish season is here already because the price will definitely hit $130k before the end of this year, and  whoever that will invest will not be waiting for low price to appear before they can invest on bitcoin than to start buying from any price and continue holding to witness the $130k that will hit the market soon.

Any investor that uses the DCA method to accumulate Bitcoin, the Dip is a time for them to front load or invest aggressively if they have been preparing for it but it is quite unfortunate that some folks don't prepare for this situation and greed will make them want to touch other funds that are not supposed to used to invest in Bitcoin and at the they began to have problem in there investment that is lack of knowledge. You don't have to work yourself out when you don't prepare for something because if you do you will definitely get into problem.

Somehow I believe we have enter the bearish season because the level of this Dip was really massive, check where the price of Bitcoin was and where it Dip to and for those that are still waiting for price to Dip more they are really wasting time because the price will surge from here soon.

It is just a little dip, and it’s normal. It is possible the dip is just for correction, so I don't know why you're saying that we have entered a bearish period. If that is the case, when Bitcoin reached $100K, why did it drop to the $80K range and still move to above $115K without taking much time, and later move to $120K plus?So, what I just want to say is it’s normal for Bitcoin to take a correction. When the bearish period starts, it will be hard for someone to know unless it continues dropping and drops to one level.What is there is how people keep predicting Bitcoin some months ago  that Bitcoin would drop to $70K  but by the end of the time, the prediction was made even while Bitcoin’s price was increasing.So, let’s stop predicting Bitcoin and just focus on accumulating by using the DCA method.

You are right on this, Dip is another solid purchasing opportunity, at $114 and increasing the signs, it is gearing up for another breakout. Waiting for the perfect slow might mean missing out completely , if you have been on the sidelines now the time to accumulate before it pushes toward that $122k + the only real barrier for most investors now is access to funds not the market conditions. Historically those who waited too long missed the wave , based on the momentum $130k by a year end is not far fetched at all. the strategy is simple buy , hold an ride the wave. timing the actual bottom is not as import as being in the market before next  the run

[I_Anime]

If you're in a bad mood because of the current price movement. - You have the DIP that everyone is waiting for to get more units of Bitcoin for the same amount of fiat.

  ¯\_(ツ)_/¯

If Bitcoin goes under $100,000 that's a good opportunity in my opinion. If it touches the 200 Weekly SMA? You're lucky. That's another Golden Opportunity, and that's a FACT. Although, Bitcoin might not touch that again for two years.

Exactly I don’t literally feel sad whenever there’s dip because I have to buy more , and the price dropping down or going up is in my advantage both side .

But still buying more will assure you of a better profit in a long run if one have small amount of BTC he or she won’t gain much if bitcoin endup surging more but when one have enough stash he or she will endup with some nice profit in a long run

Congratulations buy the dip on your 1k+ reply . Wow we have come this far .

[laspol65]

The purpose of investing in Bitcoin should be changed, we should consider the current decline in Bitcoin as an opportunity. The price of Bitcoin is relatively low in the current market. Those who are doing DCA will benefit the most from this market. And those who are waiting for the dip are expecting temporary gains, with little chance of increasing their holdings in the long term. Those who decide to buy Bitcoin after the price of Bitcoin drops below 100k are investing based on luck, while those who are doing DCA are consistently moving towards the implementation of the goal. Who wants to see themselves at what level will depend entirely on themselves.

This is a good time for DCA investors in particular to buy at low prices. I think it is a good idea to be aggressive during this time if you can afford it. But it should be within your means, nothing in excess is good. So try to use this time wisely and plan for the long term. I am not saying anything for short term investors here, if they are expecting big profits then they should definitely accustom themselves to long term planning.

Currently, there is a big dip in the price of Bitcoin, this opportunity will be lost at any time, so to retain the opportunity, every investor should definitely keep buying Bitcoin. So that they have been achieving the DCA method for a long time, and have formed an emergency fund, some of the investors should buy Bitcoin dips. However, I will not force them to buy Bitcoin, the investor should buy the dip as much as he can afford.
The price of Bitcoin has been corrected in the market, an opportunity has been created to buy Bitcoin, they are being purchased according to the DCA method. As a result, people who are spending this time foolishly should  neglect that money and use it to invest in Bitcoin.

[Grace333]

This is another dip to buy again because the price is rising again. and the price right now is $114+k and it is in the green and the indication shows that it will hit $122+k again, those who were waiting can invest now and don't waste their time again but invest now that is still low.

It  show that this is another opportunity for buyers to accumulate bitcoin from this dip before the price will increase again, and the only thing that will make some investors not to buy in this particular price in the market, it  may be lack of fund which is the only thing that will stop such group of investors not to buy bitcoin now because the price has dropped down compare to the high price they have been accumulating bitcoin from, but from this indication, I don't think the bearish season is here already because the price will definitely hit $130k before the end of this year, and  whoever that will invest will not be waiting for low price to appear before they can invest on bitcoin than to start buying from any price and continue holding to witness the $130k that will hit the market soon.

Somehow I believe we have enter the bearish season because the level of this Dip was really massive, check where the price of Bitcoin was and where it Dip to and for those that are still waiting for price to Dip more they are really wasting time because the price will surge from here soon.

I do not really get your point here bro, because calling it a bearish season just because of a dip feels a bit off to me…. Bitcoin has always had those pullbacks, but they do not automatically define the whole market cycle as bearish… Sometimes can be just normal volatility doing its thing, and we tend to overcomplicate it by trying to attach a big label to every move haha...

And that is what I have always wondered, why do traders like complicating things so much? Should the focus really be on chasing dips or waiting for that perfect entry, when in reality the best plan is proper DCAing? I mean, a pullback might give investors a better price, sure, but if you are only focused on timing dips, you will always be stressing over every move…

The whole point of Bitcoin investing is sticking to the plan and building consistently. For me, I would rather stay disciplined with my DCA strategy than waste energy debating whether this current dip means bearish or bullish season. If your conviction in Bitcoin is strong, the noise of massive dips and season calls should not really shake your approach….