I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.
I know one day I will look at my portfolio and I will be happy for Investing in Bitcoin.
Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.
My reason for saying buy the DIP while waiting for the bottom.
A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.
thank you for reading my topic.
That's correct, btc is a good thing for long-term hodling, and, I think, it can bring hodlers some profit in a couple of years. So, for long-term hodling it doesn't matter what the cost of buying was. The most important thing in long-term hodling is the amount of money that an investor is able to invest: some people have great expectations and invest nearly all the "excess" money they have, this leads up to ruined expectations, which are often accompanied by urgent needs to withdraw money with huge losses due to price fluctuations and fees. Other investors, however, spend not so much money on crypto, and then they are unable to get a good profit even out of a long-term game...