What could be your actions if you were told about the dip

[Mr_Brilliant$]

Na why knowledge dey crucial for everything wey dey do.Wetin dey lead to panic and dem dey sell at loss na because say dem no know say bitcoin price correction dey take place,the decline in price no be permanent rather na temporary drop,after this moment bitcoin price go skyrocket.First thing first,why pesin go use him money wey him suppose use meet up him basic needs take invest in bitcoin,all those scenarios dey always end in the negative part.Na why as a responsible investor whether new or old e dey advisable to invest with your discretionary income alongside get emergency funds incase emergency occur you no go dip hand put for your investment.

Na just the truth be this, most people dey panic sell because dem nor understand say correction no be the end..  Bitcoin no dey go up straight, e get pullback..

And true true, nobody suppose use money for important things like rent or feeding invest..  Use discretionary income and try build your emergency fund too.  With that, you no go sell at loss because of pressure.

[Odohu]

Omo if I receive intel say this bear season go come now and I dey sure, I for sell all my Bitcoin when the price been dey above $100k and keep the money to buy them back around $70k, that na free 30% profits be that. Just that person no dey know some of this things, you go only know when e don happen already. Another thing be say even if person been tell me, How I wan take believe am, e for hard me to believe since me been no dey reason to sell.

[Antotena]

I know say this dip we dey experience today many of us no really reason am say e go come so easily, and of course people wey dey system for long know say anything fit happen at anytime but them no really believe am say e go happen so soon. But if them ring bell say this month or from last month ending we go begin experience serious dip wetin you for do with your investment? You for quickly sell am dey wait for the market to drop so that you go buy plenty Bitcoin or you go just hold your Bitcoin as e dey for your wallet tight? I wan know because as it e be so, person wey dey close to me don dey already regret why him no sell when the market hit 126k because him dey expect say the market go cross that price na why him still dey hold but unlucky e no help am for any reason so him dey seriously lose money and e dey also panicked to dump am so that him fit cover up small money Join.

Wetin una think, make him dump or hold knowing say him dey lose about nearly 50 percent of him Investment. Make una shuck mouth for this matter.

Make I burst your head. This market dy very unpredictable.

Everybody get him ways wey him dy use dy plan their investment. The first mistake wey I believe your guy did be say, him no make plans about him Bitcoin investment. First plan should be, do you plan for long term or plan for short term. If he plan for long term and actually bought Bitcoin at all time high or close to all time high like you said, this downfall in price should not even bother him, what goes up must surely goes down but Bitcoin do the opposite, what goes up always goes up.

On the other hand, if he plan to hold for short term and he went in at $126k, then he has made a fatal mistake but there is nothing to worry about. What he is seeing right now is unrealized loss, if he refused to sell there is nothing that is going to affect his Bitcoin because 1 Bitcoin is always 1 Bitcoin, he should hold it until the price return back to another new all time high, very soon it's going to happen. What he need now is patient and that's it.

[Josefjix]

I don talk am plenty times say people wey dey come new in the space dey give oldie profit, those wey panic (weak hand) sell dey give strong hand profits, na so the market don dey for long and na so e dey be normally.

If your friend panic sell, e go worry am later somewhere in life, him go remember when Bitcoin was down and then regret when Bitcoin will cross $127k and above. We have seen many regretting and it's not new anymore.

Let him keep it if he has other source of income for survival.

[Stable090]

I know say this dip we dey experience today many of us no really reason am say e go come so easily, and of course people wey dey system for long know say anything fit happen at anytime but them no really believe am say e go happen so soon.

If u don Dey crypto space for some time, u suppose know say pump and dump fit happen anytime, so person mind suppose dey. E dey painful say u go see ur money Dey go down if dip Dey happen but u no get choice, and if that kin thing Dey happen, d only thing wey u go fit do at that moment na to just hold ur coin, no even talk say u wan sell am, na why if we wan invest in bitcoin, then make we use money wey we no go use for long term, make we no use money wey we go Dey use chop on a daily basis. If u Dey crypto space, make u just expect say anything fit happen at any moment.

But if them ring bell say this month or from last month ending we go begin experience serious dip wetin you for do with your investment?

If I Dey profits already, na to sell my invest hold my money now, if e drop now na to buy am back, but person no fit know say dis kin thing go happen. If to say I get alert, I for don Dey find money keep since, as e Dey crash I Dey invest.

[Smartvirus]

As someone who has being in the cryptocurrency space for a while and have learnt that the market cannot be accurately predicted, should anyone come at me with such information, I’m more likely going to ignore and just watch the whole thing unravel because, I no go believe am until e clear for my eye. By that time, w don Dey too late or maybe the dip don set finish just as e be now. So, if you no Dey buy like this or you Dey actively sell at this time, that’s simply the actions way you go take regardless of the information way you get.

[icebar]

If it was known in advance that a dip would come, then of course everyone would have sold their assets and waited for the dip, but it is never possible to know in advance. Many people can make good guesses, but those guesses are not accurate. When the price is expected to fall, it increases, and when its price is expected to be bullish, it decreases. And the investor has to invest in this uncertainty. Whether to sell or hold if the price increases will depend on the knowledge of the investor. For those who have problems with such a principle, I think that if he invests for the long term without panicking, he will definitely benefit. If he does not panic in the fall or decrease of the market, and reviews the market with prudence, then the investment will definitely be profitable.

[Crytohillss]

If it was known in advance that a dip would come, then of course everyone would have sold their assets and waited for the dip, but it is never possible to know in advance. Many people can make good guesses, but those guesses are not accurate. When the price is expected to fall, it increases, and when its price is expected to be bullish, it decreases. And the investor has to invest in this uncertainty. Whether to sell or hold if the price increases will depend on the knowledge of the investor. For those who have problems with such a principle, I think that if he invests for the long term without panicking, he will definitely benefit. If he does not panic in the fall or decrease of the market, and reviews the market with prudence, then the investment will definitely be profitable.

Market has a way of respecting anyone who thinks they have figured it out,  if observing dips were that easy every one would be rich by now. The fact is patience and discipline beat predictions almost every time investment is not about reacting to every swing it is about having conviction and sticking to a good strategy.