With bitcoin’s price dipping significantly below $100k again, the “buy the dip” cheerleaders are out in full force.
But I’m here to offer a different perspective: Don’t buy the dip.
Before I continue, let me please make it clear that nothing that I write in this Take is investment advice.
Why would I say such a thing? Is it that I hate bitcoin all of a sudden?
No.
I have other reasons for making such a statement.
The first is that I’m trying to keep you from becoming exit liquidity for people like this:
\By Frank Corva January 8, 2025