Well yesterday Bitcoin literally experience some dip , and I was excited ( because I see it has an opportunity to get myself some good quantities) while some individuals was out there selling their holdings, due to the dip which initiated some panicking. But I won't blame them though , because most people are just new in this space without any solid knowledge on how things work here , so due to that at any slight dip they would quickly sell with the fear that the dip may continue.
Even though at any chances the dip continues, it means you just got more lucky to buy the dip accumulating Bitcoin when there's decrease in prices. The reason most people do panic and endup making the wrong the decision, is because they have this habit of comparing bitcoin to other shitcoins they may have encountered, with the Idea that Bitcon may not recover from the dip like other shitcoins that experience dip without recovering back . Well the truth is that bitcoin ain't like those coin despite the dip bitcoin will always bounce back stronger.
So this is the time to keep holding and the same time keep accumulating more bitcoin, and this is the week Bitcon halving going to take place, so this week may be bearish for some time, but still use it to your advantage in accumulating more bitcoin. And not selling your holdings. We are in the fourth cycle and base on recent events this cycle is going to be unique from the others (in a better way) and this the same cycle Bitcon ETFs got approved for the first time. And Bitcoin also hit a new ATH before the halving , so this shows that Bitcon going to surge massively even more than we expected, (though there are no guarantees) , this upcoming bull market After the halving, is when alot of people will go to bed broke and wake up a millionaire. So what am just trying to say is don't panic just hodl.
It is crucial to dip bitcoins by adopting a disciplined informed strategy rather than succumbing to emotional impulses. We who are newbies create various confusing situations due to lack of proper knowledge about bitcoin, which is good and perfect for buying bitcoin and create a chaotic environment about the dips because of the wonder. We who are newbies should get proper knowledge about Bitcoin and master the dip strategy by consulting someone with BTC knowledge. How we can navigate the volatility of the cryptocurrency market with confidence and dip Bitcoin.
Newbies are always victims of what you just said, sometime I just don't get it when people panic about a condition that's not permanent, Bitcoin has always been known to be like this and it baffles me when people fail to make the necessary moves in other to know what Bitcoin dip is all about, the dip doesnt stay forever rather it is an opportunity to buy more of Bitcoin asset, I think every newbie should be conversant with the market in other not to shiver when the market goes dip.
Knowledgeable bitcoiners knows the opportunity that calls when Bitcoin dips and they utilized the opportunity because it may not present itself again, although I won't really blame newbies much because they are novice but my sincere advise to them is that as a newbie once you have known the basics of this investment, just invest and make sure that you understand what every season says about Bitcoin in other not to be afraid of anything, Bitcoin like every other asset has the way they operate, so what ever comes along the line, newbies should know that it was meant to happen because of the nature of the market at that given period.
