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Topic: Dips are temporary but Bitcoin is forever. - page 2. (Read 326 times)

hero member
Activity: 2604
Merit: 816
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Buying Bitcoin during the DIP is a good decision because it is a low price that will rise over time. However, not many people take advantage of that opportunity because they think the price will drop again. When they think like that and don't decide to buy it, they will miss out on buying in DIP.

Indeed, many DIP prices will occur so we don't know when the next DIP will occur. It would be better for them to be able to buy Bitcoin during the DIP, even if they only use small amounts of money. They can buy again when the price drops further and that is another good opportunity.

This Bitcoin price volatility must be used with the right so that we can accumulate more Bitcoins. Before the price rises, we can already have more Bitcoin. Once the price starts to rise, we can prepare ourselves to sell Bitcoin at the highest price.
full member
Activity: 280
Merit: 205
The great city of God 🔥
It is important to buy the dip, the dip stand a chance for people to accumulate alot of a bitcoin into our portfolio. Dip always occurred frequently and people who has discretionary income or reserved always take advantage of every dip and add more to there stash. Just like those who bought btc late December 2022 when btc was below $20k, I guess they will be glad now because they have made x3+ profit of there Investment. and will still make more profit as the price keep growing.
sr. member
Activity: 966
Merit: 340
There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.

Dip is normal occurrence of bitcoin or any cryptocurrencies that's why people should need to consider to learn its movement so that they could able to decide on what is their next action needed to do. Since if they get afraid in that condition which is normal for newbies then there's a opportunity lose every time they doubt then decide not to buy.

I do understand people where they came from and why they afraid for more dips since there's a lot of fuds will came and bad speculations will show up then this confuse them a lot.

So for them to avoid committing something that they regret later on. Better for aspiring investors to have continuous learning and seek if there's relevance on the information they get so that they can verify if they are just reading a wrong information and can still execute their investment plans despite of any condition exist in the market.
hero member
Activity: 966
Merit: 701
If there are no dips it will be difficult for newbies to buy Bitcoin, I bought a good amount of Bitcoin because of the dips in 2022, at the range of 17k which was a very good entry point for me.

I think many make the mistake of waiting for the perfect dip before they buy bitcoin. This mindset is based on the belief that the price of Bitcoin is too high. But you don’t have to buy 1 whole bitcoin, there is nothing wrong with starting small. You can slowly accumulate sats by buying small percentage of bitcoin over time.
legendary
Activity: 2422
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Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.
This happens all the time. Cheesy

Kidding aside, I agree that dips are opportunities to buy even more coins. As long as we have spare money, I always recommend to accumulate, accumulate, and accumulate more coins. Imagine those who took the huge dip in 2022, already tripled their capital by just holding their coins. Every correction = opportunity. Every dip = chance for us to get much more profits.

On the other hand, I don't think that Bitcoin will be forever... or at least that's not how I think about Bitcoin. Who knows? We might see another cryptocurrency that's has the same features with Bitcoin, but better ones. I'm not against Bitcoin so don't criticize me, but with how the technology is evolving right now, there's a chance that it might happen. We just don't know when though, and if it will really happen.
sr. member
Activity: 812
Merit: 260
If there are no dips it will be difficult for newbies to buy Bitcoin, I bought a good amount of Bitcoin because of the dips in 2022, at the range of 17k which was a very good entry point for me.

While many beginners are scared of the dips it is a big opportunity for many smart investors, also without dips there will not be a pump, which is why you will see a 20 percent or 30 percent correction when Bitcoin starts to pump, every pullback is gearing up for further push up, the only different is the timing, it can take weeks or even month before it starts to pump again.

It's all thanks to the pullback or else Bitcoin won't make a lot of sense, it takes a long time before newbies understand the importance of correction in the chart, it is necessary for drawing in new buyers to buy at a cheaper rate, it is also important for future price actions.
legendary
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-snip-

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good.

-snip-

This is what most of us think, but we should also do a little exercise in humility and be aware that unexpected events happen, and that the trend of the last 14 years could change at any moment. We all expect a new ATH soon, but there is also a (yet very small) chance that the next dip under 60K could be the last time we see the price over that range.

Bitcoin is known to be the Plan B, but never make it your Plan A. And have a Plan C too, just in case...
full member
Activity: 322
Merit: 128
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There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.

That's the moment that most traders and speculators are waiting for as momentum gets a good price, but the correction process also doesn't happen intermittently, sometimes there is a time when BTC rises until a week after the correction comes back and it's only temporary, exactly as you meant above.

The choice at that time is also sometimes confusing what coin / token to buy because at that time all prices are in the red all and the lucky ones are those who have fresh money in their accounts. For those whose stock money has been locked in the trading account, everything certainly survives and if possible look for more to buy it.

Most often when we have funds and buy coins / tokens on the exchange, the market corrects and it is often beyond our expectations.





legendary
Activity: 2576
Merit: 1860
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Dips aren't "an integral part of Bitcoin". Nowhere in its codes can you see a line intended for dips.

I agree that dips are temporary. Dips don't last forever. If one is shaken by a serious dip which prevents him/her from appreciating it as a buying opportunity, one only has to step back and see the bigger picture. Bitcoin isn't a short-term investment. It is a long-term investment. And while there are always price fluctuations, the overall line is actually directed upward.

But, hey, Bitcoin doesn't stay forever, too.
legendary
Activity: 2954
Merit: 2145
The problem with dips is that at some point a dip will not be a dip but a full-fledged market crash that will be the start of the bear market. And no one case predict whether it's a dip or a crash until it fully developed. It's important to not be afraid of dips, because you need to have strong hands to get to the point when you can sell at a good price, but also it's important to be fearful of the bear market, because if you are permanently optimistic, you will miss out on a chance to sell before the bear market.
hero member
Activity: 896
Merit: 645
There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate.
This isn’t just a factor that is local to Bitcoin. It’s something pretty common and you can find this on FX trades as well. The fact that it’s more considered for a Bitcoin thing is stressing.
Besides, what would be Bitcoin without these bearish moves. We can’t expect it for a market that is all about bulls and bulls, pumping like an inflated balloon. It needs to deflate and inflate to enable it stretch to its actual potent but, unlike the balloon, it’s not designed to explode.
How do I mean, in the scenario where we don’t have these corrections, I think it would be just an invest to make profit and leave. People would just come to take and leave but, that’s very unlikely as, not all users can succeed with correction moves very much in place.

Hence, finding a best way to make use of the corrections is how to look at it and that’s far from panic selling.
legendary
Activity: 3080
Merit: 1144
Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP.

In other words, be consistent with your daily, weekly or monthly % accumulation of bitcoins. It’s easy to take advantage of the bear market bear to buy more bitcoins at a discount when you apply dollar cost averaging as your investment strategy. The most important thing to remember in the bear season is that you have to Buy low, sell high which means you cannot FOMO and sell your bitcoins because of the volatility of the market.
Yes, getting into DCA in a consistent basis is the key. Regardless if the market is bearish or bullish, don’t get distracted with how the price goes but know that you are here to invest for long term, so DCA should always have the highest priority. However, if can buy when there are dips, that would be much better so you can maximize your bitcoin purchase while bitcoin is cheap and affordable.
hero member
Activity: 882
Merit: 507
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As long as volitility remain frequent occurrence in the bitcoin ecosystem and market, both dip and high will always be a constant occurrence with bitcoin because bitcoin will not have such fun if those two integral features are missing from it but holding bitcoin is for a long term base and for that, despite how the dip occur, with time there will always be a recovery that will come along the way.
That is the reason why bitcoin holders are always confiedent that the price of bitcoin will always rebound whenever the dip happens it just will take time and nothing more.
legendary
Activity: 2254
Merit: 1256
With a little knowledge and being able to be patient turns the Bitcoin market volatility
in your favour.

Being able to read some trading signals and charts will turn the market from being
something volatile to couple FUD and FOMO to, into a market which can provide
opportunities to make profits from that same volatility.
hero member
Activity: 2884
Merit: 620
There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.
Mainly, it's about the demand.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.
People shouldn't panic when they see some dips happen every now and then. These are normal occurrences that happen to the market. If there will be no more dip then don't expect some pumps to come.

It is very essential to see these dips get in here before some huge market recovery comes and moves up to the ceiling. Those that still don't understand it will understand it soon.

Why this isn't worrying for those that have been staying on this market for so long. We share the vibes with you folks and you have nothing to worry about if you just HODL.
hero member
Activity: 1540
Merit: 564
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This piece of knowledge is something which is very crucial and most of the users lacks it because when we say sip people just consider it as bear market and the level of patience which they have is very limited and don't bother hodling for longer period of time thus end up regretting hence all we need is a clear set of strategy by considering the possibilities of both dip and surge else we will be at the wrong position be it pump or dip.
hero member
Activity: 798
Merit: 546
It is easy to know the DIP, but it is difficult to know to what depth this DIP will continue, as the price can drop a lot until it is lower than the previous DIP. This happened last time when Bitcoin drop to 30k, everyone believed that the worst had happened and suddenly price back to 17k at that time many some thought that we would see 11k, but the price rose. Buy Bitcoin when the signal is red, as no matter how low the price goes, it will rise again.
This is a normal thing in the Bitcoin market and generally, when you have bought the dips and price dips more, In this case Hodl so far you are not a short-term holder of Bitcoin price will come back to you in the future base on what we've seen happened with the price of Bitcoin.

However, in as much as it's encouraged we buy the dips, there are couple of tools to help us to try to buy almost at the right dips, tools such as the Fibbonacci retracement levels and the RSI indicatorfor. For instance, what I have noticed with Bitcoin price behaviour this bull market is that Bitcoin has most of the time rebounced at daily RSI 30% oversold zone and has only went below it once, whereas for Fibo. retracement good place to get in the dips is at 0.50, 0.618 and 0.786.
full member
Activity: 558
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DIPs are compulsory features of Bitcoin, like I know for sure that Bitcoin comprises of cycles which happens in phases of 4 years interval and within those years we are likely to witness DIPs, so it has become an elementary phase of Bitcoin and by this time we are only supposed to get used to it and see it as part of the cycle. After every DIPs comes the bull run. The best part is taking advantage of the DIP and filling up our portfolio.
hero member
Activity: 644
Merit: 661
- Leo -
Dips are not temporary, it is an integral part of market economics. Every market which is motivated by traders' sentiment will always experience volatility, and volatility means price pumps and dips.

Bitcoin will always go into periods of dips and pumps, but as time goes by the dips will be to much higher prices than the previous ones and a investor will be only able to buy less and less fractions of it.

- Jay -
mk4
legendary
Activity: 2716
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Paldo.io 🤖
There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way.

It's not even a part of Bitcoin — it's an expected phenomenon of markets in general. Even the best-performing stock in the entire history of stocks also had dips(and sometimes even dips bigger than usual).

As always though, lots of short-sighted people end up panicking and capitulating.
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