Buy The Dip Club!

3 comments

I was thinking about how everyone is always screaming "BUY THE DIP" but let's be honest most people are too scared to actually pull the trigger when things get bloody.

Everyone knows DCA is the way to go for most people and it takes the emotion out of it... you just set your recurring buy and forget about it. But what if we could make it a bit smarter? A bit more... communal.
I call it the "Buy The Dip Club".

The idea is dead simple. It's a pool. You join, you allocate some funds, and every time Bitcoin takes a real dive... a significant dip... the whole club automatically buys a dollar's worth. Or whatever small amount.
Think about it. One person buying a buck worth of BTC is nothing. A thousand people... ten thousand people... all buying a buck at the exact same time when the price is tanking? That's a different story. That's a statement. It creates a little bit of a support floor on the charts from the community. It’s us folks trying to dump on us.

This is the kinda thing that feels perfect for Hive, eh? We could build it on the second layer, have a dApp for it. No central exchange needed. It becomes a true grassroots movement, and can even help the ecosystem buying swap.btc but we would need to make hive engine withdrawals more accessible!

The benefits are pretty obvious…

Smarter DCA
You ain't just buying on Tuesday because it's Tuesday. You're buying when prices are
actually on sale. That’s just good business.

Community Power
It’s a way to actually support the network when it needs it most. We put our money where our mouth is and show the market we're here.

Viral AF
The memes would be epic. The hashtags... #BuyTheDipClub. It's got legs, dawg. It's a movement people can actually participate in without having to be a whale.

Of course there's details to work out. You can't have the thing triggering on every tiny little dip... it'd have to be based on a significant percentage drop over 24 hours or somethin like that. And you wouldn't want a notification for every single purchase. A weekly report would be better... "The Club bought the dip 3 times this week on your behalf. You stacked an extra 5,000 sats." Simple.
Anyway... just a thought from ya boy. Seems like a simple idea that could have a massive impact if a bunch of us got behind it. What do you guys thik? Let the community build the tools we actually want to use!

_{My inleo subs can have something like 1080 version with sounds included made! and much more for only 5 HBD!}

I am a financial advisor ! If you can't take personal responsibility for you investing, I hate to brake it to ya, but you ain't nothing but a sucka, you supposed to lose your shit.

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