about the "buying the dip" statement.
Those no coiners will always panic and will not buy even if it falls down to $3k LOL
It's the nature of people who are too afraid to think out of the box.
Back in 2018 when BTC price was $19k plus some people thought it's too high, they waited for the price to drop. Then when market starts to panic and price dropped all the way down to $3.2Kish. Those same people were scared that if they aboard and what if price falls more.
Price started to recover and stabled around at $8k to $10k. The same group of people were thinking price will drop again and then they will buy. We had $13kish and they started to say price is too high. Then least year in early pandemic (March 20) when price dropped below $4k they got scared again and did not buy.
The price started to recover and crossed the last ATH and then a few days ago it was above $64k. Those group of people were thinking it's now too high. And now when it dropped below $50k, they must be thinking to let it go down more.
Long story short, these side liners will never be in the game but they will watch from the sideline. This deep is useful for people who are already in Bitcoin.
Yeah nice avatar @pooya87 😉