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Topic: Don't wait for dip. - page 2. (Read 280 times)

full member
Activity: 350
Merit: 128
November 11, 2024, 02:18:26 PM
#6
Dip is just an opportunity for accumulators or buyers to buy higher values in lower amount of money so investors who may be waiting for a Dip before they can buy may just be standing behind the windows because the Dip may not come at your thoughts. While the price of bitcoin increases, it's assumed that even when you buy at higher price and holds, you could still make profits because the price has increased beyond the price you bought. Just don't have to wait for the Dip.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
November 11, 2024, 01:34:49 PM
#5
DCA na very sharp way to buy bitcoin. The way bitcoin dey rise now who dey wait for dip to buy go wait taya because bitcoin fit reach $100k soon. And if that prediction dey correct person wey buy bitcoin for $80k go still profit when bitcoin reach $100k. Many people don miss out of buying opportunities because say them dey wait for dip.
Like the saying goes the next best time is now. The fact is even if you buy now and BTC dips it would still rise again. The market is unpredictable and waiting for a dip may just be a waste of time.

The best way to maximise Bitcoin full effect is being a long term holder. The year has been turbulent but congratulations now goes to those who had held on till now.
legendary
Activity: 2184
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
November 11, 2024, 01:26:38 PM
#4
Nobody go talk say e no like to buy bitcoin when they price dey low, wetin dey sweet pass na to buy low and sell high, but i know say things no dey always work out like that everytime. DCA make sense wella, no be everybody fit buy in one lump sum, so why not buy at intervals, and if you dey use DCA, you go dey buy at different prices and e go help you wella to handle the risks of volatility.
sr. member
Activity: 476
Merit: 307
November 11, 2024, 01:17:45 PM
#3
Those waiting for the dip will have to wait for this entire bull run because I don't see any dip happening anytime soon. Election have passed and a candidate that supports bitcoin have emerged, it will only get better from here. This year we might see bitcoin at 100k which is a milestone many people set as the peak of the bull run but if that happens this year, we should expect bitcoin to approach 150k by next year when the peak will happen. Trumps inauguration on January 20th is another force that will cause big spikes in price, so anyone willing to invest in bitcoin have to do it as soon as possible.
hero member
Activity: 1148
Merit: 555
November 11, 2024, 12:53:39 PM
#2
DCA na very sharp way to buy bitcoin. The way bitcoin dey rise now who dey wait for dip to buy go wait taya because bitcoin fit reach $100k soon. And if that prediction dey correct person wey buy bitcoin for $80k go still profit when bitcoin reach $100k. Many people don miss out of buying opportunities because say them dey wait for dip.
member
Activity: 112
Merit: 61
November 10, 2024, 12:50:47 PM
#1
If you are a newbie who wants to start Bitcoin long term investment by Accumulating and holding, don't wait for a dip to happen before you can start your accumulation start accumulating your Bitcoin weekly or monthly using the DCA strategy and is still very much possible for you to accumulate more Bitcoin when ever there's a dip all you need to do is to have a reserved funds.
this is one of the reasons having a reserved funds is important one don't have to wait for a dip to happen first before they can start accumulating, one can start accumulating using the DCA strategy and when there's a dip he or she can just dip hands into his or her reserved funds to accumulate more, some people who are using the DCA strategy to accumulate weekly or monthly has a very good reserved and emergency funds so when ever there's a dip they accumulate so much.
All you need to do is start accumulating your reserved funds along side your Bitcoin accumulation instead of waiting for a dip which may not happen for some period of time, now if a dip later happens you can still buy with your reserved funds and if it didn't you can still continue your accumulation this way you didn't lose however those that are waiting for the dip and it didn't come has wasted there time and has not Accumulated any Bitcoin.
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