Strike founder: Buy Bitcoin on the dip, now is a good time to start dollar-cost averaging
BlockBeats News, February 11, Strike founder Jack Mallers stated in a post, "Bitcoin is not a software company. The reason it trades like a software stock is because many holders don't truly understand it."
This pullback is indeed painful, but perhaps it is clearing out the 'software capital' with leverage, allowing Bitcoin to finally be priced and traded according to its 'hard currency' attributes. 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, 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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