This is a thread to point your nocoiner friends to when they say that now isn't a good time to buy Bitcoin or that they're waiting for "the dip".

So here's the first time I recommended buying Bitcoin to my Dad.

Notice the date? That's April 3 2013, Bitcoin was around $100 then.

What an idiot, right? He'd be up 15,000% today if he bought.

Well not really, it seemed like a pretty sensible decision at the time.

This was what the price looked like back then.

If you're currently thinking of buying Bitcoin but are waiting for "the dip", you're doing the same exact thing my Dad did.

My Dad's dip never came. In fact the price flatlined and then shot up 10x six months later.

And here's the price when I originally made that recommendation in perspective with todays price.

The price spike that made my Dad second guess buying in is nothing but a tiny blip.

In another 10 years the current spikes we're seeing now will be nothing but a tiny blip too.

My Dad ended up waiting four years for "the dip" until he FOMOd in at ATH.

His buy in price isn't even on this chart since it only shows average monthly prices.

It'll still probably be the best investment he ever makes in his life. Apart from raising me of course.

Bitcoin's growth curve is early-stage exponential and incredibly volatile.

Holding out for "the dip" is an asymmetric risk. You give yourself a small chance of making a tiny bit more money in return for a large chance of making a lot less money.

Not a good deal.

The point of this thread isn't to convince anyone to buy Bitcoin. Don't let anyone tell you what to do with your money, do your own research and make your own decisions.

But if you've done your research and decided to buy Bitcoin, don't wait for "the dip", just buy Bitcoin.