Strike Founder: Buy Bitcoin on Dips, Now is a Good Time to Start DCA
BlockBeats News, February 11th, Strike founder Jack Mallers posted, stating, "Bitcoin is not a software company. It trades like a software stock because many holders don't truly understand it.
This recent pullback has indeed been painful, but it may be in the process of liquidating those leveraged 'software capital' positions, allowing Bitcoin to ultimately be priced and traded according to its 'hard money' properties. Hold on. Buy the dip (BTFD). No one knows where the price will go, but based on historical data, if you believe Bitcoin won't go to zero, then now is a good time to start dollar-cost averaging."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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