Does waiting for the Dip make a Bitcoin investor unserious

[Hardyrobust]

Why would an investor be waiting for a dip that is unprecedented, because you will not know when the dip is going to happen, probably you’re going to be missing out on good opportunities that would enable you to make a good decision when it comes to investing in Bitcoin.

However other opportunities are always going to present itself when you’re buying and accumulating bitcoin each and every week or monthly basis, which can be quite manageable for a long term purpose investment, especially when you’re investing for the future.

Waiting for the dip is actually a strategy on its own which we can't rule out because their are people who adopt the strategy and wait for the dip before investing. It's never bad buying the dip, what is bad is waiting out to buy the dip when you haven't already started your investment.
It's true when you're investing opportunities do come by and that way you can equally make use of any strategy to buy. Bitcoin. It's true buying using DCA is a good style of accumulating but waiting for the dip leads to waste of time and opportunity when investing. Whatever Strategy a person adopt in the end what matters is buying Bitcoin and owning some.bitcoin.

Every strategy has its pros and cons , likewise buying the dip strategy. There is nothing wrong for an investor to buy the dip when it occurs. As you said it is only waiting for a dip to occur before buying that's is precisely when it is wrong. Waiting for a dip to occur is a waste of opportunity because no one can time the market perfectly well. Bitcoin is volatile in nature and trying to time the market will only leads to missing out in market opportunities.

[B-BossMan]

Op, you are right that the DIP itself, no be say e good or bad, but all depends on who dey approach am and why them approach am, na waiting really matter be that. The beginners who no want buy any bitcoin and come dey waite endlessly for the perfect entry point,  a them dey really miss plenty opportunity for many years when them supposed accumulate plenty bitcoin, so even the investor wey don dey the game for long they decide keep some cash aside incase if the dip come later come at the process, then go use the advantages to buy more at the moment,but them no dey relayed on am.

Na why consistency still remains one of the most vital  whether you be beginners or experienced investors. However, if person they wait for the dip, no really make am unserious one,but unserious one be the person wey don make waiting for the dip as excuse and keep on delaying purchases, or even person wey dey fear too to invest na unseriou person. Investors wey dey continue accumulating bitcoin regularly and they also take advantage of the dip when e come and still be disciplined on that strategy na very serious investors be that.

[Felicity_Tide]

Does waiting for the Dip make a Bitcoin investor unserious

I honestly doubt that. Everyone can not take the same approach, and the same thing applies to Bitcoin investment.
There are those who see the lump sum technique as a smarter move, but the biggest problem with that is when to actually identify the dip itself. The reason why the DCA is often encouraged, is because it gives opportunities to those who can afford to set aside a discretionary income from their main income from time to time. It doesn't have to be as massive as someone who's planning on using a lump sum technique. The DCA technique is more of a gradual process than eventually pays off with time, though it demands consistency. But that doesn't mean that does who wait on the dip are unserious. They might just end up waiting in something that might take ages to come.

[Jamestown70]

Does waiting for the Dip make a Bitcoin investor unserious

I honestly doubt that. Everyone can not take the same approach, and the same thing applies to Bitcoin investment.
There are those who see the lump sum technique as a smarter move, but the biggest problem with that is when to actually identify the dip itself. The reason why the DCA is often encouraged, is because it gives opportunities to those who can afford to set aside a discretionary income from their main income from time to time. It doesn't have to be as massive as someone who's planning on using a lump sum technique. The DCA technique is more of a gradual process than eventually pays off with time, though it demands consistency. But that doesn't mean that does who wait on the dip are unserious. They might just end up waiting in something that might take ages to come.

Like you said, they might just end up waiting for something that might takes ages to come by, from my point of view, it sound so unserious, sure thing the dip is going to come by but how frequent will that be, let’s assume a guy wants to lump sum and he’s targeting the dip, then the market dip 10% to 20%, he decide he’s gonna lump sum with all the saved up funds he’s got at that particular entry price, eventually the market dip to 60-50% of it previous ATH, if you’re in that position what will you do?
I know there a guys that might split their lump sum funds into 3 or more section.

If I were in such position, I’ll prefer buying from start of the dip bit by bit until it changes trend to the upside in the stead of waiting until it has reach it rock bottom which I can’t predict.

[Zanab247]

Why would an investor be waiting for a dip that is unprecedented, because you will not know when the dip is going to happen, probably you’re going to be missing out on good opportunities that would enable you to make a good decision when it comes to investing in Bitcoin.

When you  don't have enough money to invest in BTC you can start waiting for dip to come before you can buy BTC and hodl, because there are some people that  don't have money to be buying BTC everyday than to wait for low price to occur before they can buy and wait for bull price  to occur before they can sell. As long you are active in the market it will allow you to be aware of bear market, because that is when majority of buyers use to visit market to use what they can afford to lose in BTC investment.

The most important thing about market is that, make sure you save the money you will use to buy when the price of your choice occur, because it will encourage you to spend what you will not be afraid to lose in BTC investment because you have a good plan before approaching the market.

[Jamestown70]

Why would an investor be waiting for a dip that is unprecedented, because you will not know when the dip is going to happen, probably you’re going to be missing out on good opportunities that would enable you to make a good decision when it comes to investing in Bitcoin.

When you  don't have enough money to invest in BTC you can start waiting for dip to come before you can buy BTC and hodl, because there are some people that  don't have money to be buying BTC everyday than to wait for low price to occur before they can buy and wait for bull price  to occur before they can sell. As long you are active in the market it will allow you to be aware of bear market, because that is when majority of buyers use to visit market to use what they can afford to lose in BTC investment.

The most important thing about market is that, make sure you save the money you will use to buy when the price of your choice occur, because it will encourage you to spend what you will not be afraid to lose in BTC investment because you have a good plan before approaching the market.

To be honest, I don’t seem to buy your theory of guys who doesn’t have much fund to be waiting on the dip before accumulating bitcoin and sell when there is a bull run. It’s obvious your ideology is coming from a trader perspective but that’s fine because everyone has their options to make decisions that best suit them. But you’re making it sound as though a guy will remain broke or would not want to source for other source of income for a very long time which is not true.

As long as guys can be able to sort out discretionary funds then saving up and waiting for the dip that you really don’t know when it’ll come isn’t really a good idea, rather buying bit by bit when there’s available discretionary fund seems wise.

[NewRevelation]

Why would an investor be waiting for a dip that is unprecedented, because you will not know when the dip is going to happen, probably you’re going to be missing out on good opportunities that would enable you to make a good decision when it comes to investing in Bitcoin.

When you  don't have enough money to invest in BTC you can start waiting for dip to come before you can buy BTC and hodl, because there are some people that  don't have money to be buying BTC everyday than to wait for low price to occur before they can buy and wait for bull price  to occur before they can sell. As long you are active in the market it will allow you to be aware of bear market, because that is when majority of buyers use to visit market to use what they can afford to lose in BTC investment.

The most important thing about market is that, make sure you save the money you will use to buy when the price of your choice occur, because it will encourage you to spend what you will not be afraid to lose in BTC investment because you have a good plan before approaching the market.

To be honest, I don’t seem to buy your theory of guys who doesn’t have much fund to be waiting on the dip before accumulating bitcoin and sell when there is a bull run. It’s obvious your ideology is coming from a trader perspective but that’s fine because everyone has their options to make decisions that best suit them. But you’re making it sound as though a guy will remain broke or would not want to source for other source of income for a very long time which is not true.

As long as guys can be able to sort out discretionary funds then saving up and waiting for the dip that you really don’t know when it’ll come isn’t really a good idea, rather buying bit by bit when there’s available discretionary fund seems wise.

Why waiting when we have the DCA strategy at our door step? You may not buy big, but you can buy as you can afford. You may not buy always because you don't have, but you will buy consistently if you can always figure out your discretionary. Well, even if you don't have discretionary always due to lack of income and/or too much expenses, you can alwybuu when you have Discretionary. Waiting for dips will delay your moving forward and growing your portfolio. Just buy, always buy with just what you have.

[Mate2237]

Does waiting for the Dip make a Bitcoin investor unserious

I honestly doubt that. Everyone can not take the same approach, and the same thing applies to Bitcoin investment.
There are those who see the lump sum technique as a smarter move, but the biggest problem with that is when to actually identify the dip itself. The reason why the DCA is often encouraged, is because it gives opportunities to those who can afford to set aside a discretionary income from their main income from time to time. It doesn't have to be as massive as someone who's planning on using a lump sum technique. The DCA technique is more of a gradual process than eventually pays off with time, though it demands consistency. But that doesn't mean that does who wait on the dip are unserious. They might just end up waiting in something that might take ages to come.

That is correct, you see every one has their approach that they use, which is best for them. There are people that will continue to accumulate Bitcoin in small bits no matter the price irrespective of the market. To these sets of people they don't actually care about the dip or even a bull run. They are only concerned about investing and accumulating Bitcoin. While there are those who don't have the time and patience to do that accumulating Bitcoin in fractions.


I see nothing wrong in someone waiting for the dip to buy, especially if the person has money, buying in the dip even offer the individual the opportunity to buy in bulk. Buying in the dip comes with its disadvantages but I don't see anything wrong about it, if that is what the investor decides to use.

[Mr_Brilliant$]

Why would an investor be waiting for a dip that is unprecedented, because you will not know when the dip is going to happen, probably you’re going to be missing out on good opportunities that would enable you to make a good decision when it comes to investing in Bitcoin.

When you  don't have enough money to invest in BTC you can start waiting for dip to come before you can buy BTC and hodl, because there are some people that  don't have money to be buying BTC everyday than to wait for low price to occur before they can buy and wait for bull price  to occur before they can sell. As long you are active in the market it will allow you to be aware of bear market, because that is when majority of buyers use to visit market to use what they can afford to lose in BTC investment.

The most important thing about market is that, make sure you save the money you will use to buy when the price of your choice occur, because it will encourage you to spend what you will not be afraid to lose in BTC investment because you have a good plan before approaching the market.

To be honest, I don’t seem to buy your theory of guys who doesn’t have much fund to be waiting on the dip before accumulating bitcoin and sell when there is a bull run. It’s obvious your ideology is coming from a trader perspective but that’s fine because everyone has their options to make decisions that best suit them. But you’re making it sound as though a guy will remain broke or would not want to source for other source of income for a very long time which is not true.

As long as guys can be able to sort out discretionary funds then saving up and waiting for the dip that you really don’t know when it’ll come isn’t really a good idea, rather buying bit by bit when there’s available discretionary fund seems wise.

Like, me self I don’t even support that trader mentality when it comes to Bitcoin.. Trying to wait for perfect dip so you can buy low and later sell high sounds good, but the truth is nobody really knows where the bottom is.. Before you know it, you are still waiting while the price has already moved..

Bitcoin should be approached more like an investment than a trading asset.. If you have discretionary income, just keep accumulating over time without stressing too much about short term price movements..

[Cgrexp]

Why would an investor be waiting for a dip that is unprecedented, because you will not know when the dip is going to happen, probably you’re going to be missing out on good opportunities that would enable you to make a good decision when it comes to investing in Bitcoin.

However other opportunities are always going to present itself when you’re buying and accumulating bitcoin each and every week or monthly basis, which can be quite manageable for a long term purpose investment, especially when you’re investing for the future.

Waiting for the dip is actually a strategy on its own which we can't rule out because their are people who adopt the strategy and wait for the dip before investing. It's never bad buying the dip, what is bad is waiting out to buy the dip when you haven't already started your investment.
It's true when you're investing opportunities do come by and that way you can equally make use of any strategy to buy. Bitcoin. It's true buying using DCA is a good style of accumulating but waiting for the dip leads to waste of time and opportunity when investing. Whatever Strategy a person adopt in the end what matters is buying Bitcoin and owning some.bitcoin.

Every strategy has its pros and cons , likewise buying the dip strategy. There is nothing wrong for an investor to buy the dip when it occurs. As you said it is only waiting for a dip to occur before buying that's is precisely when it is wrong. Waiting for a dip to occur is a waste of opportunity because no one can time the market perfectly well. Bitcoin is volatile in nature and trying to time the market will only leads to missing out in market opportunities.

Saving or waiting for the price to drop is probably the worst way to buy Bitcoin. However, there may be situations where it makes sense for people who have already bought a large amount of Bitcoin at a certain price and want to hold onto some of it as a hedge in case the price of BTC drops further after buying at a certain price. Some people may also find it beneficial to hold onto some of it to supplement their ongoing DCA practice. For example, if they are buying $30 per week, they may instead want to buy $25 per week and then hold onto $5 per week for the specific price drop. So, if they are buying $5 per week and still not making $100, they may want to consider whether they need to reconsider their allocation to buying during the drop or whether they want to increase the amount each week.

[Tinubu]

Why would an investor be waiting for a dip that is unprecedented, because you will not know when the dip is going to happen, probably you’re going to be missing out on good opportunities that would enable you to make a good decision when it comes to investing in Bitcoin.

When you  don't have enough money to invest in BTC you can start waiting for dip to come before you can buy BTC and hodl, because there are some people that  don't have money to be buying BTC everyday than to wait for low price to occur before they can buy and wait for bull price  to occur before they can sell. As long you are active in the market it will allow you to be aware of bear market, because that is when majority of buyers use to visit market to use what they can afford to lose in BTC investment.

The most important thing about market is that, make sure you save the money you will use to buy when the price of your choice occur, because it will encourage you to spend what you will not be afraid to lose in BTC investment because you have a good plan before approaching the market.

The dip is there for investors to take advantage of not to bring their moral down. All these while the price of bitcoin has dropped, we have heard rumors of institutions buying bitcoin in bulk. some countries buying for their reserve. Wise investors also are rushing the market because we may not see this price anytime soon, in case the price start sky rocketing back up. Those that fail to buy now should kiss this current price goodbye.

[SPIDERMAN008]

Does waiting for the Dip make a Bitcoin investor unserious

I honestly doubt that. Everyone can not take the same approach, and the same thing applies to Bitcoin investment.
There are those who see the lump sum technique as a smarter move, but the biggest problem with that is when to actually identify the dip itself. The reason why the DCA is often encouraged, is because it gives opportunities to those who can afford to set aside a discretionary income from their main income from time to time. It doesn't have to be as massive as someone who's planning on using a lump sum technique. The DCA technique is more of a gradual process than eventually pays off with time, though it demands consistency. But that doesn't mean that does who wait on the dip are unserious. They might just end up waiting in something that might take ages to come.

I agree with you. In the case of Bitcoin investment, it is more logical to start by following the DCA method than waiting for an uncertain dip. DCA helps people to invest consistently, reduces stress, and creates opportunities to invest with a small amount, so opportunities and time are not wasted. Even if the price of Bitcoin decreases, there is no stress felt mentally because the amount is small and since the investment is made from discretionary income, there is no need to spend that money on any necessary work. It can be held for many years. Therefore, it is more important to start investing in Bitcoin. Waiting is always foolish. Even if you start investing with a small amount, at least you will not have to remain a no coiner for a long time.

[IjawMan]

When you  don't have enough money to invest in BTC you can start waiting for dip to come before you can buy BTC and hodl, because there are some people that  don't have money to be buying BTC everyday than to wait for low price to occur before they can buy and wait for bull price  to occur before they can sell. As long you are active in the market it will allow you to be aware of bear market, because that is when majority of buyers use to visit market to use what they can afford to lose in BTC investment.

When an investor decides to closely monitoring and waiting on the dip before he can buy it simply means he is planning to buy in bulk, lump sum that requires big sum of money. You do not need enough money to DCA with bitcoin investment but where you need that enough money is in waiting for the dip cause it is expected that you are buying with big amount that why you waiting.

There is a big gap with when you have the money to buy bitcoin using the DCA strategy but not willing to use that strategy, and when you do not have the money to equally DCA but claim to be waiting for the dip for you to buy.

If dew to financial handicap you can not afford dca-ing what hope do you have buy in lump sum during the dip?

[icebar]

Why would an investor be waiting for a dip that is unprecedented, because you will not know when the dip is going to happen, probably you’re going to be missing out on good opportunities that would enable you to make a good decision when it comes to investing in Bitcoin.

However other opportunities are always going to present itself when you’re buying and accumulating bitcoin each and every week or monthly basis, which can be quite manageable for a long term purpose investment, especially when you’re investing for the future.

Waiting for the dip is actually a strategy on its own which we can't rule out because their are people who adopt the strategy and wait for the dip before investing. It's never bad buying the dip, what is bad is waiting out to buy the dip when you haven't already started your investment.
It's true when you're investing opportunities do come by and that way you can equally make use of any strategy to buy. Bitcoin. It's true buying using DCA is a good style of accumulating but waiting for the dip leads to waste of time and opportunity when investing. Whatever Strategy a person adopt in the end what matters is buying Bitcoin and owning some.bitcoin.

Every strategy has its pros and cons , likewise buying the dip strategy. There is nothing wrong for an investor to buy the dip when it occurs. As you said it is only waiting for a dip to occur before buying that's is precisely when it is wrong. Waiting for a dip to occur is a waste of opportunity because no one can time the market perfectly well. Bitcoin is volatile in nature and trying to time the market will only leads to missing out in market opportunities.

No one knows what the lowest price of an asset can be. That is why waiting for the price to fall is the same as not buying. If someone waits for the price to fall to buy, then I will definitely be worried about his investment. There are many investors who have lost their investment opportunities by waiting for the price to fall. If someone waits for a further fall to buy Bitcoin instead of buying at 59K, then he has not been able to invest in the current conditions. He will definitely have to wait longer. If the market turns bullish from this situation, then the waiting period will be longer. But those who invested at 60K and not 59K will definitely benefit if the Bitcoin price gradually rises and if that does not happen, they will be able to increase their Bitcoin portfolio.

[Jubilee58]

Waiting for the dip is not really a sign of us seriousness on the side of a bitcoin investor after all their is a slogan that we should buy the dip, and sell high. However, it is advisable not to wait for bitcoin to sip in price more especially as a long term investor. The reason is because not every investor will be conscious enough to monitor the Bitcoin market to know when their is a dip or not, and sometimes it is possible that on the cause of waiting for the dip, another thing or an emergency might take that money that you are supposed to use to purchase your bitcoin more especially if you don't have regular income.

Bitcoin is always recording new all time high in every bull season, so even when you don't buy the dip, there is every possibility of making good profit in the next bull season, and this is the idea that makes bitcoin investing very outstanding, and making investor to invest regardless of market season.