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Topic: Buy the DIP, and HODL! - page 606. (Read 122360 times)

member
Activity: 980
Merit: 62
April 17, 2019, 02:11:15 AM
#3
Buying every dip is easy to say, but difficult to identify the dip (for me at least!)

Every time the price of bitcoin drops I am afraid of the point that it is going to stop or it will be ongoing for a long time. Looking at charts and trying to make my TA sometimes prove me wrong!
legendary
Activity: 1806
Merit: 1521
April 17, 2019, 01:42:22 AM
#2
Society is still pretty skeptical of Bitcoin, which is a good thing. It means we're still in the early adoption phase and we probably have a couple more of these cycles left. Once it becomes obvious to everyone, it's unlikely to keep repeating. At that point I expect the trajectory to change. Either we'll enter a bearish supercycle and adoption will wane, or we'll enter the vertical phase of an S-curve and price/adoption will rise much faster than ever before.

In the S-curve scenario, I think 8-figure USD valuations for BTC are possible, and probably a lot sooner than most people around here would expect too.
legendary
Activity: 2898
Merit: 1823
April 17, 2019, 01:07:48 AM
#1
You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle, https://twitter.com/misir_mahmudov/status/1118243131584065537

Always zoom out if in doubt, https://bitcoin.zorinaq.com/price/
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