Should we buy the dip? Personally I would if Bitcoin goes below USD 90,000. I would use Dollar Cost Averaging into $iShares Bitcoin Trust ETF(IBIT)$ instead of making a single large purchase. This would reduce the risk of trying to time the market bottom.
I believe that Bitcoin is a good hedge against inflation and Fiat currency devaluation. Bitcoin can also potentially deliver high returns over the long term as its supply is limited.
@Tiger_comments @TigerStars @TigerClub @CaptainTiger @Tiger_SG
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- Venus ReadeΒ·11-06TOPIBIT is looking at a possible "Death Cross" forming before the end of the year. (This is when the 50-day Simple Moving Average drops below the 200-day Simple Moving Average).1Report
- Enid BerthaΒ·11-06TOPInstead of buying ibit, Why not own a real BTC with no decaying fee?1Report
- neo26000Β·11-14TOPYour 90k prediction 9 days ago on the way. So accurate [Grin] [Cool] [LOL]1Report
- MeowvinΒ·11-05TOPThanks for sharing very insightful from your prospective.1Report
- zumaΒ·11-06thx1Report
- TCTΒ·11-05good share..1Report