Strike Founder: Buying Bitcoin on Dips is a Good Time to Start Dollar-Cost Averaging
On February 11, Strike founder Jack Mallers stated, "Bitcoin is not a software company. The reason it trades like software stocks is that many holders do not truly understand it.
This pullback is indeed painful, but it may be clearing out those leveraged 'software capital' positions, allowing Bitcoin to be priced and traded according to its 'hard currency' attributes. Hang in there. Buy the dip (BTFD). No one knows where the price will go, but based on historical data, if you believe Bitcoin won't drop to zero, then now is a good time to start dollar-cost averaging.
BTC
65,746.96
-2.72%
ETH
1,922.13
-1.60%
BNB
607.9
-0.36%