Every time I see a recommendation on this subreddit to ‘buy the dip’, I remind people that we don’t know if this is the bottom, and that you should be patient – don’t invest all your money at once, do it gradually. I’ve gained quite a few downvotes for commenting this, but I think it is solid advice.
Now, another dip has presented itself to us. The same advice holds true, we don’t know if the invasion will get worse, and so don’t invest all your money at once.
Here are some of the previous dips:
In November, BTC dipped from $65k to $57k, a 12% dip. If you had lump summed in then, **you’d be down 39% today.**
In December, BTC dipped from $57k to $49k, a 14% dip. If you had lump summed in then, **you’d be down 29% today.**
In January, BTC dipped from $47k to $41k, a 13% dip. If you had lump summed in then, **you’d be down 15% today.**
Now, I am not saying that you shouldn’t buy the dip, but do it gradually. Every dip seems like the bottom, but it most likely isn’t, especially with this geopolitical turmoil. Do not spend all your money on this dip, keep a good chunk of money to invest if the market falls further.
Lump summing now could be catching a falling knife – don’t get hurt.
34 thoughts on “Don’t lump sum into this dip. This is probably not the bottom and you’ll just be catching a falling knife, DCA in!”
Don’t lump sum, but carefully make the most of an opportunity you have to decrease your average buy price. You’d be foolish not to.
If I sell it will go up 300%
I will now do the opposite of what this reddit post tells me. It works for me to go against what people on reddit post for some reason
You can’t time the market, Dca in is the smart way
Lump sum = catching a falling knife
DCA in = catching multiple falling swiss knives
Yeah this is definitely gonna continue dipping, I’m waiting to see how this plays out before I put any money in even if it’s just a day or two.
Go all in at 27k
Sold a month ago. Yeet
This aged like milk
Nobody knows shit about fuck and nobody can even predict one minute into the future.
DCA should be default strategy no matter the market conditions.
More like an falling rpg
You can’t time the market…but there’s a fucking war on Europe and the inflation and interest rates FUD
Give it a couple of weeks at least just in case
Eth target is still 40k
What is DCA?
Thanks. What if I buy the dip and just hodl
If I’ve 1000$, I would buy 200$ worth of coins Iwas targeting now. Next dip, next 200$ until I run out of cash.
I have already run out!!
Catching a falling knife can save your toe
This is the way
If want time market have hotline with Putin the fucker
That’s right, I see 10-12 dollar a gallon gasoline, Dow industrial of 28,000 and a 20 K Bitcoin before things begin to settle.
Every week I just take whatever random money I have and throw it into crypto.
I’m not doing MATH. I’m not looking at whether I’m UP or DOWN.
I have NOT THE SLIGHTEST CLUE what my entry is to anything and/or whether I’m in the green or red. I just know I have more saved than my peers.
I’ve learned this is the only way I can invest: by being COMPLETELY unaware of whether I’m up or down.
I’ve got an easy plan. I’m lump summing the very bottom of the lowest wick.
The only crypto I’m getting RN is from crypto royale
Too late man. I poured all my usdc reserves in buying eth and some luna
Don’t do this Do that posts are so meh
Nobody fucking knows
This aged like milk
You don’t lose a dime if you don’t sell. If you don’t need the money buy however works best for you.
This post was my sign to buy ALL IN
Probably not? NOBODY knows! Stop pretending you do.
TLDR: **Never try to catch a falling knife!**
Im just gonna keep buying on my regular schedule. As the old saying goes, time in the market beats timing the market
This must be the longest falling knife ever.
It’s been falling for over 2 months now!
**This is the way** OP.
Going to continue to DCA and buy on my regular schedule bi-weekly – Death by a thousand cuts
~~Buy~~ DCA the dip
I will dca and stake. When new ATHs are reached I should have far more coins than I bought