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Topic: Anyone thinks that this dip is not necessary a bad thing? (Read 178 times)

member
Activity: 96
Merit: 11
Cryptologist
Dips are great, it cleans the market from old money and get new money in to push the prices higher.

The best about the past "dip" is testing who is the real believers in the tech. Are you more worried about the price or the developments in the space - eg LN for BTC (Love it)

It's been tough the past two months, but you have to take the bad with the good. I've sold nothing and is keenly looking at re-entering the market. Just need confirmation that the bear market is done, hopefully another two weeks.

Just my thoughts
newbie
Activity: 42
Merit: 0
Unless you've found yourself in a position where you need to cash out due to life circumstances, then this dip is a good thing. Of course it's not as fun to be checking a declining blockfolio number, however if you're a long term investor then either just sit tight and wait for the money to come back into the market or take the golden opportunity to snatch up some incredible bargains!
sr. member
Activity: 462
Merit: 251
So people are stressing out because all coins are in this dip. These people have bought coins recently and sees the prices went down.

If you haven't have spend all your money yet will you be waiting for this moment to invest?
The trend has not yet ended, therefore it is dangerous to invest. Although now there are many coins that are clearly undervalued. If you are well versed in the market, now is a very convenient time to assemble the portfolio for 3-5 years.
sr. member
Activity: 518
Merit: 250
If the coins still drops down I would buy more coins to invest if given an extra money for investment. The price is so low, it is actually good for investment but that is if you believe in these cryptocurrencies and you wouldn’t be spending your money for investment too if you don’t believe you’ll gain something out of it.
jr. member
Activity: 60
Merit: 1
I think this dip is healthy as long as it doesn't break the trend line its bouncing on at the moment and even if it does when put into perspective going down to 4k wouldn't be that bad really. Considering the price 12 months earlier. All of the weak hands will be well and truly gone by that point setting us up for another monster run.
sr. member
Activity: 578
Merit: 250
For those who have cash, this dip looks like a great buying opportunity so I wouldn't say it's a bad thing.  It's a bad thing for those who have all their investment in coins watching their value decrease though.
jr. member
Activity: 126
Merit: 3
If you've bought some crypto-currency before you fall, it's definitely a bad thing!

People who think the downside is good should have sold the encrypted currency before falling, and can now buy encrypted money at very low prices!
jr. member
Activity: 224
Merit: 1
Waiting is the right thing to do for now, if the coin price goes up again I will invest again I don't want to lose big investing when its price is down. Don't rush to invest when the price of all the coins is down
full member
Activity: 322
Merit: 141
They are not bad. The only bad thing is that you never know when the actual decline will start. For example, the reason for the beginning of the bearish trend and now continuation is pretty absurd to me - that news and FUD were absolute nonsense. There were much worse news over the course of three months when the market was aggressively bullish.

Timing the market is a hard thing.
That is why you need to use both fundamental and technical anaylsis so that you will have a good idea when the market is failing so ou could get out from these altcoins,doesnt make sense because the totalmarketcap can be monitored easily so you will know if the bears are going to dominate the market,cutlosses are needed when something like this will happen.

I always use both fundamental and technical analysis, but in this case, they don't help too much, not in the real classical sense.
Fundamental analysis doesn't help since, for example, currently all altcoins react to Bitcoin's trends no matter what happens in the community of each, so there is no sense in fundamentally analysing any of them to time the market (we are talking about timing the market, not about choosing the right project to invest too for which the fundamental analysis is still the killer)
On the other hand, the technical analysis is easier to be applied for long-term trading, while for the short trading it only has some sense if the market is mature. We can use it to track support and resistance, we cannot really use it to track the trading shapes (I tracked quite a few but the market never reacted according to the praxis, and there is a good reason for that), and we cannot use it to time to which FUD news the market will react.

So, it all comes down to pure behavioral science, but with the behavior of the people then doesn't really make sense. We can more easily track the trend over the year then the reaction to the news. Last year we had a rise during summer and again at the end of the year, hence I expect the same this year as well..... that is the only guessing I have.
legendary
Activity: 2758
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
this is happened again since yesterday that the price of major cryptocurrencies such as bitcoin,LTC or ETH were dropped but i personally suggest to you that if you have money to invested i think this is the right time to buy and i'm pretty sure you won't regretting your decission when buy at the current price
full member
Activity: 1210
Merit: 100
So people are stressing out because all coins are in this dip. These people have bought coins recently and sees the prices went down.

If you haven't have spend all your money yet will you be waiting for this moment to invest?
yes, everyone is confused with the price conditions today, and I think if I still have a lot of money, then I will wait for bitcoin down again to the point $ 5000. and also I will buy ETH.

and I will buy BTC and ETH, then I will hold it until the correction ends.
full member
Activity: 322
Merit: 100
The All-in-One Cryptocurrency Exchange
So people are stressing out because all coins are in this dip. These people have bought coins recently and sees the prices went down.

If you haven't have spend all your money yet will you be waiting for this moment to invest?
I think now is a very good time to invest. I myself to buy 2 btc by 7600, I think that this is a very good price. I think there should not be more strong falls
member
Activity: 162
Merit: 24
So people are stressing out because all coins are in this dip. These people have bought coins recently and sees the prices went down.

If you haven't have spend all your money yet will you be waiting for this moment to invest?

Maybe for a newbie or those with extra cash to throw around this might be the moment to invest but as for those who are currently experiencing a sharp decline, 70 to  80% decrease in the value of their crypto investments, the will to make any investment will not be there. The best the latter group can do is wait and hope the market recovers soon.

This entirely depends on your future expectations of crypto and the timeframe you are looking at.
Fundamentally I think that crypto will be adopted more widely and so that the price will go up at some point in time.
As for a timeframe, I do not care if this happens now or in 3 months, 6 months or even a year or more.
I did my research and came to this conclusion so no shabby media outlet will lead me to believe otherwise.

So when I see a dip, I first look if it might go deeper and if I don't think that it will go significantly deeper I buy.
I buy the blood. That's what I do.
member
Activity: 322
Merit: 12
So people are stressing out because all coins are in this dip. These people have bought coins recently and sees the prices went down.

If you haven't have spend all your money yet will you be waiting for this moment to invest?

I don't think that the price dip is a bad thing that happened with the cryptocurrency market since this is just a temporary adjustment especially for bitcoin.
Once bitcoin will be making a progress like going back to green in the coming weeks, this will trigger a stretch on the price of the other altcoins as well which is usually happening in every situation as this. Also, the decrease in the price is a good thing for people to buy or invest btc and other alts while the price is much cheaper these days and will have to wait back on the expected bounce of price in the comiing weeks.
newbie
Activity: 31
Merit: 0
dips are not a bad thing for those starting to invest, this is a great chance for them , but to those who have their money in crypto while it is on its peak, we can´t say that it´s a good thing niether..
member
Activity: 280
Merit: 16
Deeps are always stressful, but without them further growth is impossible. So, if you have free money, you can buy gradually perspective altcoins and move to the wallets.
member
Activity: 231
Merit: 10
Augmented Reality World Discovered
So people are stressing out because all coins are in this dip. These people have bought coins recently and sees the prices went down.

If you haven't have spend all your money yet will you be waiting for this moment to invest?
Buying from the dip is what i am doing whenever the market has crashed and it gave me a lot of profits since i started doing that strategy,last year i am doing panic selling but to what i have learned it will only give you a lot of losses when you sell your coins in panic,HOLDING would be the besgt thing when you are get trapped with altcoins.
full member
Activity: 504
Merit: 102
I've read an article that said cryptocurrencies are a special type of asset that increases when it increases.

...

It was better when I read it.

The point is these coins are based on a snowball effect. As more people buy, more people buy. And the more people sell, the more people sell.

...

Maybe it wasn't such a good article after all.


I think this is not a snowball effect when market is falling down. As i read the flow of cryptocurrency market most affected when the google declares a banned of advertising cryptocurrency with a recently facebook announces total banned of  advertisement also this two giant network really affect to the digital market as our product mostly depends on the promotions of ads.
full member
Activity: 448
Merit: 110
So people are stressing out because all coins are in this dip. These people have bought coins recently and sees the prices went down.

If you haven't have spend all your money yet will you be waiting for this moment to invest?

Maybe for a newbie or those with extra cash to throw around this might be the moment to invest but as for those who are currently experiencing a sharp decline, 70 to  80% decrease in the value of their crypto investments, the will to make any investment will not be there. The best the latter group can do is wait and hope the market recovers soon.
member
Activity: 210
Merit: 10
So people are stressing out because all coins are in this dip. These people have bought coins recently and sees the prices went down.

If you haven't have spend all your money yet will you be waiting for this moment to invest?
Good time to buy more altcoins when you arent trapped with these altcoins,this is why i always give my hardwallet some spare bitcoins so that i could buy these cheap altcoins whenever the market is bleeding too hard,it make sense because if you have 40% discount when bloodbaths happened you are literally making a lot of money when the market has recovered.
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