If I were to play this slapping game, would have slapped kyself silly long ago. Dollar cost average, my friend.
Of course. For most people it's the best. You plan a purchase program over time (e.g. monthly) and you keep following it no matter what the price does. Price goes up a lot? Whatever, you keep buying. Price goes down a lot? Whatever, you keep buying. Only when you have accumulated a large amount can you consider taking profits.
Yup. I do try to time every now and then and since I don't actually buy (I invoice in btc) it really kind of evens out over the long term. Lose some win some, so I hardly get bothered anymore by the swings in between.
Me too, right now that I don't have money, I would probably be on the hospital with a swollen/bleeding cheeks. Believe me OP, @buwaytress, me and other people who are smart enough to invest in bitcoin really wants to buy but there will always be the limitations coupled with the will to accumulate more.
Buying the dip's quite a privilege, agree. Even if you have spare cash lying around as a retail trader, what's $1000 really get you more at 30k of 40k BTC? Doesn't make economic sense to wait for dips if you're just building a nest egg with spare cash.