In case anyone is confused, this is a dip. You buy these.

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Having dry powder is being short btc

And yet it gets you more sats when Bitcoin dips, which it always does 🤷‍♂️

sounds like something an OG would say

An ostrich gangsta? Yes 😎

HOOOOOOOOOOO 😮‍💨

🤣

These dips are for chicks

Why’s U ruffles in feathers?

You ain’t no Hodler

#haiku

Dammit. On letter makes a huge difference here.

These dips are for chicks

Why’s ur ruffles in feathers?

You ain’t no Hodler

#haiku

Every time my sugar momma takes some time off work we dip hard and for extended periods of time.

She’s thinking about giving her notice.

Interested to see if this time is different 🤣

I thank her for her service 🫡

she’s building cool stuff like yours

No way! Sweeeeeet and congrats!

“Get some chips, punks, we’re about to enjoy the dip” 😅

Gotta have fiat to do that

Yes. Good to have some in these moments. Bitcoin dips often enough you’d think people would realize that by now 🤣🤷‍♂️

You’re right. I should sell my car. Kids can walk 10 miles everywhere. Good exercise!

😂😂

Every time

I’m poor could you send me some sats so I can buy some bitcoin 😋

😂🫂

How many times can I say to my wife "just a little bit more" ... up to 100 so far while still happily married

🤣🫂

🫡🤣

Early Christmas! 🎅 😂

can't. overdrafted already to top up DCA account.

🤣🤌

F*ckin’ Legend

I want 58k back

Gimmie Moscow 5000

🫡 #plebs

Have a DCA set up hourly, but accumulating a bit extra every payday so a good time for an extra smash buy! Still a shrimp, but working on it steadily and teaching my kids! 😁

DCA is the way 🙌 and then smash buying a bit extra when it dips is like icing on the cake. A great way to stack.

🥲

Outta fiat until tomorrow. 😪

Useful advice

You're welcome everyone, I initiated a buy with strike and it dipped after.

are you an insider? or just an instinct...or whatever we all buy anyway

This is Bitcoin. You buy some anyways.

Just in case it catches on.

✌️

Thanks for the advice. I'll buy some.

for the new plebs out here 🤣

did I do it right?!

With what?

Real bitcoiners don't buy dips because they are already all in...

stagada...

People have these things called jobs that pay them an income.

I have this thing called a job that pays me an income, but that income is auto-converted to sats so I never have any dollars.

I have an income, but can't buy dips. I'm always all in.

...unless than dip coincides with payday...

That doesn’t sound optimal but I know you’re not the only one who does it.

I believe it's optimal for this portion of the cycle. It's hardly a fixed strategy though and will be adapted and changed as market conditions evolve and the cycle continues to play out.

I just can't find a good reason to keep fiat around in times of likely appreciation against fiat.

Buying extra sats during dips is a good reason 🤣 But yea no strategy is foolproof, and I’m nothing if not a fool. 😂🤝

Beyond this, the total automation of the process removes concern about short-term price fluctuations for me.

I used to see fiat hit my account and agonize over whether I should buy Bitcoin then, or hold out for a lower price. I'd sit and stare at the charts, trying to find the correct path.

My current strategy makes for a more peaceful life. I provide value to the world, and know I'll get Bitcoin in exchange. The price will be what the price will be, but in the end, I'll just be living my life and working on developing my skills.

Why not? it even has a name it's called DCA (dollar cost averaging)

No it’s more of a periodic lump sum buy where he’s immediately converting all available cash on hand as soon as he gets it. DCA means you have the funds on hand and you spread out the purchases in fixed amounts over a set period of time. With DCA, if the price dips, then you actually would have some cash on hand to buy more if you wanted to. If you lump sum every paycheck, then you don’t. Both are good strategies.

My point exactly

Good question.

Buy the fucking dip 💪

DO NOT LISTEN to this advice. Sell now. If you can't dump fast enough, DM me and I'll help get the BTC off your hands. It's going to the bottom. #Titanic. #Saylor is selling I'm pretty sure.

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The only way to buy the dip in a meaningful way is to sell near the top of the dip. Sell, then rebuy lower.

cant buy much more

but its a good long entry

with low leverage