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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 137634 times)
Umulala-alala
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Today at 11:11:05 AM
 #16401

That's right, and this is what I mean. I say that because we have to think about ourselves as individuals so we don't hinder our basic goal, which is to start investing by accumulating Bitcoin when the price is favorable for us namely a market decline.
That is buy the dip strategy waiting for the market to decline before buying isn't good for you as a new investor or those who hasn't gotten to goal point that's there over accumulation point, as an investor who wants to grow a good amount of portfolio shouldn't be waiting for the dip before buying BTC accumulation should be done consistently using the dca strategy where you can be buying BTC either every weeks or months and hodl for long, it's traders who waits for a decline in price of bitcoin before buying so they could target when there will be a small in profit to take little profit which you can't still predict if the price will increase and decline more.
Buy bitcoin regularly if you have your discretionary income available and hodl for 4-10 or more not only when the price of bitcoin is has drop.

SPIDERMAN008
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Today at 11:17:14 AM
 #16402

Waiting for the dip before buying bitcoin is a terrible decision to make which is absolutely ridiculous considering that you can always buy bitcoin on a regular basis, I have been investing in bitcoin for quite sometime now, I have never appreciated the waiting game, I’m more interested in buying bitcoin on a regular basis, at a more sustainable price which is very well known by me, other investors who would mostly prefer buying the dip I don’t really see them as bitcoin investors, instead I feel they’re not investors they’re individuals who are mostly interested in quick and sudden profits because they would eventually want to sell their bitcoin.
There is no need to mention those who wait for the dip to buy without thinking about investing for a long time. They are not investors, they are traders. They make investment decisions by looking at the short-term price movement and waiting for the price to fall. Those who wait for the price to fall and do not invest, even if they buy Bitcoin, will sell it when the price increases a little in the short term. They cannot wait for long-term profit. My opinion is very clear that those who wait for the price of Bitcoin to fall are developed with a trading mentality from the beginning. They cannot hodl for a long time. They should not be mentioned as investors.

Zackz5000
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Today at 11:30:11 AM
 #16403

Waiting for the dip before buying bitcoin is a terrible decision to make which is absolutely ridiculous considering that you can always buy bitcoin on a regular basis, I have been investing in bitcoin for quite sometime now, I have never appreciated the waiting game, I’m more interested in buying bitcoin on a regular basis, at a more sustainable price which is very well known by me, other investors who would mostly prefer buying the dip I don’t really see them as bitcoin investors, instead I feel they’re not investors they’re individuals who are mostly interested in quick and sudden profits because they would eventually want to sell their bitcoin.
Buying regularly is indeed an effective strategy, but I think we can't blame investors who want to buy Bitcoin and wait for the price to drop because, in my opinion, that's also very profitable especially if they accumulate a large amount of Bitcoin like what's happening now when the market price is undergoing a deep correction. So of course, it would be very profitable if someone buys a lot at once. 
And aiming for instant profits is definitely a big mistake because to get the maximum benefit from investing in Bitcoin, we really need to be able to hold onto it for a long time.
One of the effective way of accumulating is the DCA strategy because you don't have to wait for the price to drop before you can start accumulating Bitcoin. Such people who waits for the price to drop even when they have an available discretionary income to get started immediately will blame themselves when they miss out not accumulating Bitcoin when the opportunity was there, while waiting for a drop in price the price might be increasing and at the time you can't accumulate Bitcoin again and become a no coiner because they planed for a Dip before they can get started, again even if the price drop it may not still be to their satisfactory price they may be waiting for more drop and it keep appreciating in price, something volatile can't be predicted so accumulate quickly when there is a discretionary income and hodl for a long time and stop focusing on quick profit making.

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