Topic: Don't Be scared Use this Dip as an opportunity to HODL more. - page 4. (Read 1939 times)

Yeah that's quite a nice prediction.
The fact is although bitcoin wasn't meant to be affected by global world events and economic conditions, because of decentralisation which was satoshi's dream for the coin, we just can't prevent it. Bitcoin has become too adopted and big of a currency that it now has its significant little effect on the world economy and vice versa the world economy also has its impact on bitcoin.

I really don't think it would be possible to make bitcoin immune to economic conditions and shifts simply because the more Adopted bitcoin becomes , the stronger it's effect on the corresponding economic market.

It is true that those who do not have a strong will will find it difficult to maintain the assets they have invested and this is of course due to their lack of understanding of this investment so that they will not maintain the assets they have collected when they see the price conditions continue to decline, but when they have understood well of course they will take advantage of the declining conditions by trying to collect these assets so that they can enjoy the benefits when the price increases again and to be able to survive in the long term of course we must really use funds that we do not need for needs in the near future because if we use funds that we cannot hold for a long time of course this will be very difficult when we see the price conditions that continue to decline and we have to take it in any condition of course this will harm us.

         -      These things that you mentioned, mate, I can somewhat relate to, and there is also the truth that it is possible that this is what other communities may think when it comes to the price that is happening with Bitcoin. So if there is an opportunity, let's take advantage if we already have Bitcoin to buy.

Let's not expect too much from what we think will actually happen, because if we expect too much from it, it is for sure that usually it will not happen. Let's not wait for it to happen to us to repent in the end.

Am sure you’re wondering why they still come to you for advice after not taking it last time, It’s easier said than done my friend.

This post is simply spot on the fact that this has happened times and times again is testament to the longevity of Bitcoin as an asset, Enough to see this as what it really is an opportunity to everyone especially to holders.

This is not the time to scurry away selling your Bitcoin but rather figure out a way with the help of the DCA and other methods to acquire more Bitcoins.

I am not shocked about the bitcoin price fluctuations, a real investor of bitcoin should be prepared for anything and use every opportunity the price change brings to his own advantage. While the serious ones are busy buying coins to hodl for more profits in the future, the unserious ones are busy selling off their coins

I can remember before the halving, there were lots of pressure about buying bitcoins as there might not be any favourable opportunity again to buy. This current price we are seeing now shows that no time is too late to invest in bitcoin and there is no need for anyone to pressure himself into buying when they are not financially capable to. As long as the money is there, every price change is an opportunity.

Bitcoin investment will always be for the strong who are capable of withstanding the pressure that's comes with the price volatility.

The point was that if you have stablecoin reserves that you can use for trading or for additional purchases in case of corrections. Of course, if you have spent everything you had and are now completely in bitcoin, then doing anything makes no sense, now you just need to wait for the bull run. And when bitcoin reaches 100k or something like that, make a decision, either sell and wait for a bear market in order to buy even more bitcoin, or not sell but continue to hold bitcoin, but then you need to be prepared for the fact that a bear market will come and the price of bitcoin will most likely drop significantly.

By the way, another very important question is whether it is so safe to store funds in stablecoins in a bear market, new articles often appear about the fact that more addresses with USDT are frozen, and with quite large amounts, so bitcoin still remains one of the safest assets for storage.

It was hard to imagine that Bitcoin would go below $50,000 in such a short period of time. But while that unexpected turn of events was a bit of a disappointment for new investors, it certainly created an opportunity for those holding Bitcoin at that moment. In just a few hours, Bitcoin was bullish again. Those who were able to buy at the time benefited from holding. And in such cases the investor must pay attention to his emotional issues. There are some investors or holders who may not be able to hold due to the small price drop of Bitcoin. They weaken their holdings in the long run. Being a strong holder requires holding bitcoins in any situation. Opportunities will never come easily so it is necessary to take the opportunity by taking risks.

The act of FOMO as a course of Dipping in the Bitcoin market is the right statement of market sentiments.
Some Investors actually deviates from their investment plans due to speculations that opts them to jump over to have views on the market chart cap.

Then, even investors bargained on ling term investments would be threatened to break off from their goal, sudden jump out selling of their coins like... Oh no, I never expect expected the market was going to Dip any longer or to a specific value such as the $50K -$60K with an expectation mainly focused on anticipating of a bull-run.

True or false rumours will come that tendencies for Bitcoin price to Dip more is possible.
Unfortunately that such investors fails to understand that it is an opportunity for them to buy more and hodl to accumulate more of values while anticipating for the bull-run where they would catch up with their investment goal.
Perhaps... Investors how can investors be so biased that they could buy at the Dip and expects sudden market rise?
 
Furiously why you frowns over such markets nature, some others are happily buying so, hodling has always seem the best option for but Short and long term investors. Patient is always virtue of explorers.

I think people with weak morale can never hodl Bitcoin. Only those with a strong will, can invest in Bitcoin and wait for a long period of time and get good capital out of it. When Bitcoin goes dip, the golden opportunity to hold the investment comes to many investors and most people don't miss this opportunity, but they take advantage of it. However, an investor should employ as much money as he can afford to increase his retention rate by investing in Bitcoins. We have seen Bitcoin prices dump a lot last week and come down to around $48k at the time they invested, they are now much more capitalized. Holding Bitcoin for a long period of time can yield more capital, so all investors consider it best to hodl it for a long period of time, investing from deeper areas of the market.

What he means is: if you don't have fiat or stablecoins, how can you take advantage of a market correction to own more bitcoin? If you don't have fiat or stablecoin, how will you buy and own bitcoin? As a smart investor, we should have at least 30% fiat or stablecoin reserves in our account and the purpose of that is to take advantage every time the market corrects. No investor is foolish enough to hold stablecoins with the intention of holding and profiting from them.

It is often said that every time the market drops sharply and those with USDT are the winners because they have the opportunity to buy bitcoin at a much lower price than us, so do not underestimate the role of stablecoins.

Whales and institutional investors bought the hell out of that dip!

The problem is that sometimes when talking about dips, there is always the doubt that occurs where the end of the decline will occur, which makes us mess around with finding the right point to maximize purchases when the decline occurs.
This becomes a situation that ultimately continues when we have a plan to buy on the dip because the concept is that they always want to buy when bitcoin is at the bottom and when the decline occurs there are always reasons and concerns that the decline will continue and we always delay buying. At least it happened to me so in this case I prefer to use another alternative where no matter the increase and decrease that occurs I still buy bitcoin for me to collect. I tried this with bitcoin when it was at $15k and was a little put off when it hit $50k. But for now I'm back to trying to buy again because I do have a little more money each month so I continue to make purchases regardless of bitcoin now being on the rise or decline.

I dont really agree with this.  We know and agree that bitcoin has always been unique in its volatility so why do anything outside of bitcoin especially choosing stablecoins because I don't think it's necessary.

If the focus is for the long term then indeed we only need to buy and Hodl then that is enough, there is no need to be in a stable coin is also not a problem because we know that bitcoin has a risk and when we are sure especially with the evidence that the increase and decrease as happened in the last few days and the increase again is only a temporary decline because it will definitely rise again then why do we store in other assets such as stablecoins because in the end bitcoin will be much more worth it.

that is what most people are doing right now. even though they are allocating a little of their money to Bitcoin holdings, they are trying to hold less of their fiat because its value is decreasing due to the increasingly expensive dollar.
Bitcoin adoption is gradually increasing with more people trusting it right now. more and more people are finally realizing how their national currency will continue to decrease in value if it is not strengthened soon. and are switching to holding Bitcoin to save their money which can continue to grow over time.

The fact is you can't expect everyone to buy into your advice, even if it's useful.
People who have a budget to spare will likely be willing to buy and accumulate bitcoin on a dip, while this opportunity will be missed by those without a budget. This is the reason why not everyone will buy on the dip, so don't blame them.

Sometimes I also have to pass up the opportunity to buy on a dip just because I don't have the budget. Of course I regret it, but it's okay because investing should not be forced at all. The need for more funds for other things makes it difficult for me to save money in certain months, so I can't buy forever even though the opportunity is there.

For sure or pretty sure that tons of people now are already making up those regrets that they havent that able to buyback or DCA into that dip? For whatever reason it would be then it would really be just that playing around being that too scared on making those buybacks since you are that seeing that it might be going down even further? Or you cant really just that be that too confident because of the market condition?
Regret are to those people who had panicked sold their coins and now that the market did make out some recovery on which we know that market could really be having that only two possible movements on which going up or down then they are really that making profits atm. If you are really that a short term trader then playing up with these movements or simply with volatility could make you money or profits.

If you are a holder then it wont really be that much of an issue on no matter on where you would be your entry is, it is really just that it would really be normal that you would really be finding out the possible
bottom of the price just because you are really that trying out to maximize profitability. So it would really be that situational into this aspect. This is why it would really be that important that you should
really know on what you should gonna do and on the potential conditions that you might faced on so that you wont really be finding yourself being that too disrupted in terms of your emotions.

And yet, bitcoin adoption in third world countries is increasing rapidly. I think the poor state of the economy in third world nations is a huge factor why many of the people there are investing in bitcoin. They easily embrace Bitcoin because of the potential profits. The value of the dollar is greater than the value of their national currency which makes bitcoin a suitable alternative for store of value.

Yes it is great that Bitcoin bounced back quickly from its recent drop. This shows how unpredictable Bitcoin can be but that is nothing new. Instead of worrying it is better to be prepared and take advantage of ups and downs. Since the big price increase has not happened yet I am excited for what is to come. I think Bitcoin will grow a lot in fall and beyond. While it is important to be ready to sell when time is right long term investors can be patient and confident that Bitcoin will keep growing.

In such a market condition, you were indeed shaking and even afraid of losing too much so you set a stop close, it’s natural for you to make such a decision even though the bitcoin price eventually recovered and you regretted selling it. No one can blame you but in the end you realize every trader has to be responsible for what they have done.

Take the wrong decision as a lesson for the future, under no circumstances should we panic, take the price drop as an opportunity to get a cheap price by continuing to do dca on bitcoin which we can eventually take advantage of as suggested by OP. Never be afraid when the price goes down, make this an opportunity to hold more bitcoins.

I always say the same thing to people when they ask what to do. Usualy they ignore that advice