Of course there is a bit of a riddle nonsense in your statement, but sure I get the point that there may well be very rich peeps taking money from the normies, but it still seems to me to largely be a myth in the sense that each of us, as individuals have a lot of power in this particular asset class, relatively speaking.

Probably Wallstreet and some of the traditional status quo rich are a bit irritated by the fact that no matter what they do, they are not going to be able to garner large portions of the bitcoin wealth, so yeah sure a lot of newbies are turning over their coins, but there are a lot of coins that are not moving and only 900 new coins are being mined per day..and the status quo rich can ONLY get those coins by paying market rate and the more they pay, the higher the BTC price goes.

Yes, of course they have their tricks to try to get coins from HODLers, but still plebs/newbies have a lot of advantages in this market both historically and even currently to continue to front run wall street and the traditional status quo. 

In spite of the rumors, the status quo rich are still not coming to bitcoin in droves, even though there are some of the status quo rich (perhaps the smarter ones?) who are attempting to gobble up as many BTC as they can, and they are not selling.. they are just buying and accumulating BTC.

Yes, I know that there are a lot of dumby plebs who do not realize their power in respect to this asset class, and they get confused in terms of recognizing and appreciating the difference between bitcoin and the various shitcoin products out there that are referred to in terms such as crypto.. what the fuck is that?  Well you see people using the term all the time, and if you get tricked away from stacking sats and building your bitcoin portfolio, you only have yourself to blame.

So again, whether you bought on this particular dip (which now had gone down to as low as $46,309 within the past 24 hours) then surely you are doing what you can in terms of getting some of your own stash that is going to likely continue to be harder and harder to build for normies in terms of high levels of BTC.. but even if it is hard to do, it still seems to be an aspiration that remains worth pursuing on a regular and ongoing basis... until you reach your BTC accumulation goals.

Those “dip levels” are there during bear markets, but many people don’t take those golden opportunities to buy. Open a Bitcoin chart and zoom out to the maximum. Do you see it? We are given two years in every cycle to buy the lowest or near-lowest dip for that cycle.

I personally believe that it is nearly impossible to really time the dip in any kind of maximum or close to maximum way, so the best that you can do is to just buy at various dip intervals that are comfortable for you. 

Another risk of trying to buy only on BIG dips is that there might be an inadequate practice of preparing for UP, so someone planning to buy only on dips of certain magnitudes (let's say greater than 15% or something like that), he may well miss out on profits from UP.

Of course, each of us should be attempting to find our own comfort levels in terms of our BTC accumulation strategies both in terms of how much BTC that we want to accumulate and what methods that we want to use to accumulate those BTC, including considering what time period that we would like to accumulate such BTC.   The three main accumulation strategies are lump sum investing, DCA, and buying on dips.

If we are in a bear market, then there would likely be less of a rush to accumulate BTC, but we cannot always know if we are in a bear market as well....

Bitcoin ready to surge to a new ATH. Did you sell the dip, or buy the dip, or did you DCA? Listen to your Uncle JJG. Many many years from now, you will either regret that you didn’t listen, or you can proudly tell your grandchildren how you had fun becoming rich by HODLing and shitposting.

I believe that holding is the best strategy. Most of my assets are also in bloody red but it doesn’t affect me too much, its a normal cycle and just temporary so why you fell worry?  We really need a lot of patience to keep holding. Just remember that if you can be good holder then will definitely gain.

Janet Yellen said that the United States government may not have the money to pay its “financial obligations”, and the government might “default”. The word Bankrupt is more suitable to truly describe the problem. But the solution to this is, raise the debt ceiling. Give the government more capacity to issue more bonds to “borrow” more money from the Federal Reserve. Where does the money of the Federal Reserve come from? BRRRRR.

BUY THE DIP AND HODL.

If you have some kind of important knowledge regarding how those kinds of indicators might be helpful in some kind of way, you may need to explain a wee bit more better.

To the extent that anyone is considering philosophies of either buying the dip or dollar cost averaging, the buying the dip philosophy does require some kind of sense about either how much of a dip is enough to trigger BTC buys and also if some fiat should be kept aside in order to anticipate that some further dip could be coming.

Personally, I am not much of a fan of completely running out of fiat, even if there is some sense that all of the dip is already in, and so surely each of us are going to have tactics and strategies to attempt to deal with how much we might want to buy now versus having some cash just in case there is more dip.

Another dynamic remains that with the longer the passage of time with the BTC price in one place there would be a presumption that cashflows may well end up coming in, so then there might be anticipations about what portion of that to buy BTC right now at the current price versus how much to keep in case there is a further dip.

Buy at a low price like now and hold it for the next few years is the right step we are doing now, from year to year the price of bitcoin continues to change and in the end the price of bitcoin will rise again over time, I think experience At the beginning of 2020 can be our benchmark for holding bitcoin for a long time, Bitcoin was at $8K In December 2020, and then the bitcoin price started to soar again and penetrated $20K and in the end for those who are patient to hold bitcoin get quite a profit when bitcoin breaks its highest price so far .
 So, I think we have nothing to fear to hold bitcoins as long as possible.

It is easy to say that ""Buy the dip" but it is nearly impossible to know what the dip price is. We are just making our predictions and acting according to it. And we hope that we invested in at the right time. But of course, you don't need to care about what dip level could be too. You can just make an investment any time you want and start waiting for a long term.

usually when the price of bitcoin or altcoin is on a decline, I will try to place an order at several different prices and I think it is quite effective for those of us who don't know how much the price decline is likely to be, and even from some of the altcoin portfolios that I trade on the market , I even got some of them at the lowest prices when ordering prices in spot trading, so obviously this will be profitable and can also cover the losses of some of the altcoins that I bought at a slightly high price before.