One of the simple things is that if someone buys crypto from the dip and hold it , he must be able to make a good profit, otherwise if he cannot buy from the dip, the percentage will be reduced. Especially if the newcomers are doing this job i.e. bypassing the dip and then selling it then they will definitely be able to make good profit.
We are not talking about buying crypto here.. that would be dumb.
We are talking about buying bitcoin.
We are also not talking about selling...
So if you have some long term imagination or even enough a timeline that is 4-10 years into the future, ongoing buying is good and buying on dips is good to supplement your long term plans to accumulate BTC.. and maybe after 4- 10 years, you might reconsider if you still want to continue to buy or just hold or maybe consider if you might want to sell some.. later down the road.. not fucking around with short-term profits.. but hoping for longer term accumulation of a large enough BTC stash in order to feel like it was a good investment...
Because we are not merely investing, and if you ask me, HODLing Bitcoin is something every individual should do just in case you need to utilize Bitcoins main value proposition. Censorship-resistance. It is something you think you might not need, until you are forced in a situation that you might need it.
Well like you mentioned, you can call what you are doing what you would like to call it. You can also establish whatever timeline that you would like, which would also influence your thinking about the matter and your approach If you are into bitcoin for possible value appreciation or you believe that bitcoin gives you choices/options that you might not otherwise have, then those are your own choices regarding framing of the matter, too.
Of course getting into bitcoin does seem to provide a lot more options, and with the passage of time, part of the seeming value proposition of bitcoin continues to be that its likelihood of down or going to zero becomes less and less the longer that it is in existence - but as an individual, even if you create a 1, 2, 4, 10 year or longer timeline for yourself to be into bitcoin, you have the power to override your earlier decision, change your mind abandon the investment or whatever you would like to do.
So, yes surely one of the reasons to be into bitcoin would be seeming to have more options, and of course, the better that you play your investment into bitcoin, the seeming likelihood that your options will expand even more.. so part of the reason that I had emphasized the longer term way of attempting to consider the matter - even though surely people are free to just consider bitcoin in some kind of a shorter-term time frame - but seems to me that even the premise of the title of this thread (even though you might not have even been clear about some of the underlying implications upon the creation of the thread) is that it considers bitcoin in a kind of longer time frame.. that is why you at least used the term "HODL" within the title.
At some point weren't you even considering changing the title of the thread to something more specific and weird that would try to particularize what you individually think about when and how to buy on dips and maybe not always to buy on dips or some other nonsense like that - because 1) you seemed to be trying to get away from my ongoing refrain about the preferability of DCA in terms of when it doubt buy rather then getting caught up about how much of a dip and if the dip is maximized and all those kinds of difficult to actually carry out in practices, and 2) you were worried that sometimes buying on dips could cause the running out of money if buying too soon - especially if we were to prematurely go into a bear market?
Furthermore, you were also going through a kind of adamant and stubborn phase of NOT wanting to tell newbies to buy BTC or to even go so far as to tell them not to buy (was that occurring for most of 2021, and maybe even ramped up in the May/June/July time... and I am not even saying that you had not been doing that at various times in 2020 too), which I also spent a lot of time battling those kinds of emphasis on HODL and wait ideas, including my considerations that it was advise that was probably more hurtful rather than helpful... and our subsequent BTC price performance has largely been showing that ongoing buying of BTC probably remains as the best of strategies, even if psychologically it can feel better to have some supplemental strategies to attempt to buy on dips, too... and then just HODL when running out of money.. which also can sometimes happen.. and even no matter how long any of us are into BTC, it is ongoingly difficult to know exactly what mistakes people are going to make or even the reality of the difficulties to both determine the extent of any dip or how long such dips are going to last... even if there are a variety of structural ways that people (even newbies) can attempt to plan in advance so that they are not too likely to run out of money for buying, even if the BTC price dips lower than expected and longer than expected.
