Bitcoin's current price is only about 13% off its all-time highs, which is not a significant enough drop to justify buying.
The bitcoin price tends to drop significantly during the year following a halving, with past examples illustrating potential lows that offer better buying opportunities.
I advocate for a dollar-cost averaging strategy but advise against purchasing bitcoin now, as a significant dip is likely in the future.
Investors should focus on true discounts in bitcoin's price instead of participating in the current 'buy the dip' mentality.
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