1. EachPod

How To Buy Bitcoin Dips Like A Pro

Author
Oliver L. Velez
Published
Wed 01 May 2024
Episode Link
https://www.spreaker.com/episode/how-to-buy-bitcoin-dips-like-a-pro--59752091

This Live session took place on X (Twitter) on April 30, 2024.

Oliver explains that market dips are crucial for asset health, particularly Bitcoin. Dips clear out excessive leverage and eliminate weak hands, transferring assets from short-term traders to long-term holders with strong convictions ("diamond hands"). This process increases Bitcoin's scarcity, preventing the market from becoming top-heavy and vulnerable to crashes. Oliver advocates a systematic accumulation strategy, buying at predetermined intervals during dips. This method ensures disciplined, unemotional investing and maintains psychological stability. Overall, dips make the market healthier and strengthen Bitcoin's long-term value.

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