"If you haven't bought during the last dips, just know there will be more opportunities in the future. We’re still in one right now." That's something CZ mentioned recently. It got me thinking about his point on how technically speaking, anything below the last ATH is a dip. Gotta have a long-term mindset here, right?
Considering Current Market Dips
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Exactly, a lot of people are probably feeling that FOMO now. They just want to buy without even considering Bitcoin's future price. Just trying to jump in before it hits another ATH, you know?
Totally. Some influencers even said if you’ve been waiting for a big dip, now’s the time to grab some. In hindsight, will anyone care if they bought at $114k or $118k when Bitcoin hits $450k or even a million? Focus on the long run.
stack those Sats, man. BTC is either gonna skyrocket past a million or crash below 10k. 21 million coins, that’s it. It’s gotta go up, right?
wildoracleMember
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#5Feb 15, 2021, 09:49 AM
I get that there’s confusion with how CZ worded it. To many, being this close to ATH doesn’t register as a dip. But those hesitating to buy will probably regret it later.
f0rk_5tackNewbie
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#6Feb 15, 2021, 11:53 PM
Yeah, once it peaks, there will definitely be a dip. If you keep waiting, you might miss your chance. If you procrastinate buying now, you’ll be kicking yourself later.
AtomicForkFull Member
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#7Feb 16, 2021, 06:01 AM
His statement feels off, but I get his point. With inflation going on, there’s really no ceiling for Bitcoin's price. Even if you buy now, hold onto it, and you'll likely come out ahead.
f0rk_5tackNewbie
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#8Feb 18, 2021, 01:51 AM
Logic isn’t exactly shining here. Just yesterday, the price hit $121,200 and now it’s down to $120,900, so technically, that’s a dip. You roll the dice trying to time it or just buy and hold.
Interesting take. But saying we’re in a dip when it's so close to ATH is kinda weird. For most, it doesn’t feel like a dip at all. But I guess his point stands.
Come next bull run, those who bought at this price will probably thank themselves for having bought during a dip. It's all about perspective.
yield_laserMember
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#11Feb 22, 2021, 11:18 AM
Totally. As long as you’re looking at Bitcoin for the long haul, every price entry counts as a dip. It’s on the rise, and it’ll overtake gold before long.
AtomicRavenNewbie
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#12Feb 22, 2021, 03:02 PM
Right? Bitcoin’s breaking barriers, and I think that’s the dip CZ is talking about. The limit is literally sky high until we drop back down.
It's all about patience right now. We may think we’re at a high now, but looking back in a few years, we’ll see it as a dip.
We should avoid waiting for the mythical dip. Trust me, chasing dips usually leads to missing out on good buying opportunities.
Those who try to predict Bitcoin's price are just setting themselves up for disappointment. It’s rising; get in now instead of playing guesswork.
Dude, Bitcoin is going to new heights soon! If you’re waiting for it to drop to $70k, good luck. Demand is only increasing.
They say it’s FOMO time for a reason. I just think back at how cheaper it used to be and regret not buying more. This market right now is so strange.
Honestly, the price today is really something. If we're eyeing a future with Bitcoin at $900k, we’ll see today’s prices as peanuts.
Dips? More like a mental game. Everyone’s waiting for one that may never come based on past performance. Just invest.
fox_rock3tMember
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#20Feb 24, 2021, 12:34 PM
I agree, it’s hard to convince people to buy when they think the price is high. It’s psychological, really.