Topic: Don't Be scared Use this Dip as an opportunity to HODL more. - page 3. (Read 1941 times)

Older cryptocurrency investors will read this post as a reminder to why they are still HODLING BTC despite the current market situation of which is the dip.
I always believe holders have more to gain by HODLing BTC until it is most favourable to liquidate or diversify this portfolio.

I understand the current trend is for investors to take advantage of a newly launched coin after a pump, just for immediate profit, and this makes me understand that some coins like BTC is better at HODLing for future wealth guarantee rather than for quick profit during pumps or dips.

When the investment understanding of bitcoin is not good enough to recognize the correction process then someone will panic and that is a common thing that happens, where today bitcoin is corrected at a lower price, maybe in the next two days it will strengthen at a higher price.
The process that occurs in bitcoin is indeed quite difficult to predict so this asset is considered so speculative but if someone understands the journey of bitcoin then corrections and recoveries are something that often happen.

It is better to learn to be a smart HOLDER who takes advantage of opportunities to make purchases when there is a decline and remains calm to hold the bitcoins that have been collected because in fact the market will gradually find recovery.

If they panic then they won't be thinking that the dip is an opportunity to get more instead they will start to sell what they have to avoid more loses when the truth is that they can obtain more until it is time to earn profit in the future when the price increase but if they didn't panic then they will surely take your advice seriously and acquire more to hodl. This is more likely to happen if a person have extra money to buy more because if a person doesn't have then hodl and not acquiring more would be the only thing they can do.

People will always be afraid of what they don't understand, which is why they don't take your advice seriously. They look at the dip as a positive thing for their funds, and the only thing that's running through their minds at that moment is how to stop losing, with the belief that "it's better to lose little than lose all trying to recover what has already been lost."
 
forgetting the fact that as long as you hold your coin strong, it will only be a matter of time. Whatever amount was sliced out of the worth of their holding will be replenished as soon as the market starts to recover and the price reaches their buying point. It's just a matter of time.

 It can be seen from the way they adopt Bitcoin, they cannot be consistent in holding their investment and prefer to sell it in anticipation of their fear of the losses they will face, on the other hand those who understand and are experienced take advantage of this moment to continue to survive and keep their assets, and they take this opportunity to DCA to pocket more of their assets and this is always done by investors who understand the flow of their investments.


 The correct assumption is that now is a good time to hold and see the development of the decline that is slowly fading and will see the movement of the graph going up, and continue to make purchases when the value is still in decline, just keep watching and waiting for the next increase in value.

Being skeptical about the volatility of bitcoin is indeed indebt doubtful to less than average earners to just embrace buying at the Dip because we mostly have the same sensations that about the speculated advices that we should always invest what we can afford to loose. So cordially, the less than average earners literally don't have spare money to afford in loosing but thought could be courageous enough to undertaking risks in investing on bitcoin because they trusts the risk on bitcoin is to buy and hodl patiently and also take maximum charges of their funds securities.
So, buying at the Dip has been the best against profiting when bitcoin finally pumps of which the dip would come and go just as the price will also rise and fall. Smartly buying at the Dip and hodl is a techniques that scarry investors may really not know about.

The dip has always been an opportunity for us to make money from the crypto market from the difference in the price of Bitcoin. Bitcoin has been moving in an up and down movement for months now and we always have the opportunity to invest in the price differences when the price of Bitcoin drops down making investors to buy more holding it till when the price of Bitcoin would go bullish for bigger profits especially for those that have large holdings in the market. People that have bigger holdings are the ones that tend to make bigger profits from the market with ease.

Sometimes people might have a different meaning to what we think, and if is about bitcoin have little effect on the economy then he as a wrong conception because he should check the market cap and she how much is in the total market cap that is cool cash money is circulation because people keep buying so the market is not just static, it it as also empowered people.


And the issue of bitcoin affected when ever their is a news is normal and it happens to physical products and if that is one reason that will discourage people from investing into bitcoin then I don't think they are ready to invest because if they understand how business works that should not be a problem to them because when the price is down that is when they are suppose to even buy till will the price recovers.  People that understand business should not panic because of price.


Satoshi will definitely be proud of what is going on because even without him things are till in other I know he should be satisfied. And everyone is doing their best to invest, their is no were you go to now that you won't here about bitcoin, bitcoin have a lot of futures to make money except if the person is not interested that is exactly how it works you make money from assets.

I do believe your points are valid. So the main thing going for it is the trust.. Apart from the investment path of thinking. Thanks for your opinion, appreciated!

Well, it's not only people who see gold as that investment they should buy though. In fact the main reason for such a big rise over the past couple of years is not the regular people. The main reason is that the governments and banks see it as a safe investment and always buy it at large quantities making the price go up like this.
Otherwise regular people combined don't purchase that much gold and it is difficult and risky for them to store gold.

When I first noticed it back on October 2022 price was barely $1600. I pointed this out in that topic as well, how countries like India and China have been silently accumulating gold. A couple of months later when I pointed it out again price was $1800 and rising while many people were in denial.
Today gold price sits on $2400+ because of exactly what I said more than two years ago: governments and banks are buying gold because of increasing global tensions.

Here's the million dollar question: how can this perception change in favor of bitcoin? We already know it is so much easier and a lot less riskier to store bitcoin compared to gold. Bitcoin also provides utilities that gold can not.
And yet, so far we only have El Salvador that is serious about its bitcoin investment at government level.

Yeah, gold is just a standard for people currently (especially the older generation), and that's okay, it's just the truth about it. Maybe, someday, this will change

I don't think so either. But I believe the way bitcoin reacts to different global economic events could change.

Right now whenever there is economic hardship, global tensions, etc. people tend to start buying gold. As it is clear from gold's performance over the past 3 years that global tensions constantly went up.
Why aren't they buying bitcoin as well? This is the question we should ponder. I think people still see bitcoin as being too risky despite its potential to be that actual safe haven. For good reasons too, bitcoin is still volatile with weak hands who panic sell easily. If these two issues are solved, we may start seeing a different reaction.

Experience does matter and this  would really be that helping you out on handling yourself towards this unpredictable market on which we know that when it comes into this aspect then it would really be just that hard for you to handle it out specially if you are really just that new. Opportunity is indeed here and it is really just that basing up on how well you do make yourself making up decisions. Its true that we are really just that humans and we arent that knowing everything on which there would really be things that we dont know and its normal that you would be committing out mistakes and errors on the time that you would be making up such engagement. It would really be that normal that before you could really be able to have that good grasps on everything then it would really be something that makes you that pass all those challenges along the way.

It would really be just that normal that on the moment that you've seen that the market made out some dip or correction then you would really be that definitely having those considerations on taking up some buyback,
but since not all woudl really be that comfortable on doing so then this is the moment that they would really be missing out such opportunity. It would really be just that a matter of choice and risks taking
when it comes into this aspect on which not all would really be having that kind of approach on things which you would really be that definitely be hesitating on the moment that you would be having
such kind of approach on things.

The influence is already there, and the damage caused by FOMO and wrong information is so bold enough to see. In fact, the adoption is not big and strong yet, but we still feel the impact of it. How much more when the majority are already into crypto? That is somewhat more volatile than what we have experienced today.

But I don't think that is enough for us to worry about because we strongly believe that there is always a recovery and a price pump with every drop. We have that faith because the market has already shown it, making us confident that bitcoin will stay and grow.

Well, that was a shocking move from Bitcoin and the majority of the analysts and investors haven't anticipated any such move in their analysis. A lot of new investors panicked and sold their BTC holdings to mitigate their losses, but the experienced investors saw an opportunity to fill their bags with some more coins. Such things are common in stocks and these panic situations provide an excellent opportunity to buy the coins at a much lower rate.

This is the suggestion every investor should follow when it comes to crypto investment. HODL is the ideal choice in this situation. If you wait for a couple of days, things will settle on their own.

FOMO isn't even what's stealing peoples coins this days, its the market condition, many people are leaving, judging from those around me, they are tired of holding and I as a person did expected this to happen, things are getting harder right now and surviving is the new dream, since Bitcoin isn't pumping anymore people prefer to look away, some are already predicting that the bull market is already over, this made me remember the Covid year, everything got boring before things start changing again.

Those who fear the waves of the ocean will never find a promised land in the end

You have a point actually because the interest of people in the third world countries towards Bitcoin has increased a lot and as time goes more adoption will be taking place, though just like you explained I also observed the same thing because two major factors are one of the reasons why there are so much adoption from the third world countries into Bitcoin such as poor economy and depreciation of there currency and of course during that kind of situation people will always look for a better alternatives to secure there money and since Bitcoin is one of the most or rather the most reliable digital investment that could yield a lot of profits if being hold for a longer term so they started seeing Bitcoin as the only way to keep there investment secured and at the same time hoping for a higher profit.

That comes with experience and time, when you face this situation long enough time you become better at this and it's easier to wait it out, it is not a big deal. We are just humans, we do not have limitless will or understanding and sometimes we make mistakes which is totally normal, and I feel that to be the most normal thing ever. I think it's quite clear that we are going to end up with something that will not be getting any big deals out of the situation at all.

So what I would like to mention right now is that if we end up with time, and we do not leave crypto quickly, then eventually we will become better investors. It's rare that someone keeps staying here and keep learning and still become a bad trader, most people end up being here long enough and they become a good investor and the results show itself. This should be easy enough to see, check anyone who has been here for more than five years and check their results and you will see that those people are doing fine. Which is why we should expect better results in most cases, it can't be that low.

Using this words together in the same sentence Significant little effect sounds absurd but when you think about it, the idea begins to make sense.

Bitcoin is a decentralized cryptocurrency, I don’t think it has changed from being one just because the price is affected by news. Like other trading assets, Bitcoin follows the law of supply and demand. Negative news can cause investors to panic and sell their coins. In short, circulating news can have an influence in the market as buyers and sellers are more likely to follow the trend than trade against it.

Satoshi had his dream for creating Bitcoin. He’s gone and now it’s up to the bitcoin community to decide what to do with Bitcoin, they can choose to use it as a store of value, trade it as an asset, use it as a currency or do all of the above.