At what point do you stop buying the dip? - page 2.

slaman29

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Quote from: Yamifoud on May 30, 2021, 05:46:29 PM

I can't tell that we are finally in the bear season, seems to be not yet. $30k plus is still high to be considered as a bear price, what I can say to the current market position is still in the bullish season, we are just in price correction.
So buying this time could be at higher risk but of course, we are already exposed to that thing, nothing to worried about provided that we are investing potential coins, not shitcoins. Now, if we can get a profit of 30% or even 20%, you'll got be lucky and we should contented enough.

Yeah, hard to tell now actually. We're all still thinking on the same terms as 2017/18 but this already feels very different on many levels (market wise, defi wise and institutional wise) plus the fiat economy is still a sinking ship and we all know people are so nervous there they could jump ship onto bitcoin if it really goes badly in us economy (which may not happen for many more months).

FairUser

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Quote from: Reatim on May 27, 2021, 05:31:05 AM

Quote from: FairUser on May 26, 2021, 11:12:38 PM

Just a thought like this, when the market is good, everyone wants it to drop in price to have the opportunity to buy more crypto assets for themselves.

Everyone is Overstatement mate, because there are many people that wanted for continues growth and not dumping.

Quote

However, not many people do that, and the fear of harm makes it impossible for them to know that their thoughts are correct.

What ? thoughts? and not reality? sorry i missed that part.

Quote

I can't help laughing with my friends when they always say when the market is down they will keep buying, but instead I see them constantly selling and taking losses, lack of market knowledge is so.

That's common mate, because the problem with not completely investors will make them talk a lot and not doing what's necessary .

I don't deny what they feel is right for the market, even my I know that one day I will have to face such situations, but it will be the satisfaction of heart rather than fear. Anyway, in recent days, the market situation is not good, we can look back at the interesting developments of this space.

Yamifoud

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Quote from: paramind22 on May 30, 2021, 01:31:47 PM

The whales want to wear you out, so notice when the money goes down the most in these multi-dip corrections because it will then finally go up the most. Unless of course it is going all the way down in the 3 or 4 year cycle. The correction or "crash"/"bear" market of May 2021, in the beginning I bought on the dip that wasn't much of a dip, just the start of the dip. The hype seemed too strong, and so it seemed like a mild correction was due, not for it to correct so sharply 40%.

A lot of people just now made 30% on their money in a matter of a week or two.

I can't tell that we are finally in the bear season, seems to be not yet. $30k plus is still high to be considered as a bear price, what I can say to the current market position is still in the bullish season, we are just in price correction.
So buying this time could be at higher risk but of course, we are already exposed to that thing, nothing to worried about provided that we are investing potential coins, not shitcoins. Now, if we can get a profit of 30% or even 20%, you'll got be lucky and we should contented enough.

paramind22

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The whales want to wear you out, so notice when the money goes down the most in these multi-dip corrections because it will then finally go up the most. Unless of course it is going all the way down in the 3 or 4 year cycle. The correction or "crash"/"bear" market of May 2021, in the beginning I bought on the dip that wasn't much of a dip, just the start of the dip. The hype seemed too strong, and so it seemed like a mild correction was due, not for it to correct so sharply 40%.

A lot of people just now made 30% on their money in a matter of a week or two.

Dollar_Hunter

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Quote from: affandi on May 29, 2021, 10:47:50 PM

So patience is needed to buy, if you buy at 40K use your money around 20-30% to buy and if there is another drop at 30K, you can buy again to cover the first purchase, buying on weekends is the right time, so strategy is needed in trading or investing and not just buying.

Yes, strategy certainly plays a big role in the success or failure of investing and trading,
try to imagine if the strategy used is careless, of course we will lose,
indeed in determining the strategy is not easy we need to understand the crypto market and do research

affandi

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So patience is needed to buy, if you buy at 40K use your money around 20-30% to buy and if there is another drop at 30K, you can buy again to cover the first purchase, buying on weekends is the right time, so strategy is needed in trading or investing and not just buying.

lxiaoh

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Generally, i would not stop buying the dip unless i run out of my money. To be honest, when i buy the dip i think that is the bottom price recently, but reality is always cruel. It is rarely a time to buy the bottom price，haha.

Xinarae*

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The crypto market means its rise and fall don't be impatient have to wait patiently. There are many people who sell all of them when the market goes down and then face losses again when the price goes up therefore if the price goes down it is the right time to hold on without selling whales can have an impact on the market but not last very long the demand and price of currencies in the market is slowly increasing again. You have to wait patiently without stopping buying.

ecnalubma

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It should stop dipping because it going to be critical for the market if it doesn’t stop. I believe the whales are still responsible for every market crash and nothing else, manipulation has limits and its an opportunity given by whales to acquire more at discounted prices.

michellee

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Quote from: MCobian on May 27, 2021, 05:49:01 PM

Quote from: michellee on May 27, 2021, 02:01:35 AM

Yes, but unfortunately, sometimes we miss that big red candle so we can not buy at the dip. It happened to me and many friends of mine, but we are trying not to regret that because I am sure that we will make a big profit in the future. As long as we can use the moment in the market, especially we see the red candle, we can use it to buy at the dip or we can wait for more if we found that the price can get down for more. By doing that, I am sure we can buy at a low price.

Another alternative when we are left behind is not buying coins during the big red candle, we can wait for the price to fall again. Because
crypto movements often repeat themselves, usually a big red candle will appear again soon, because the crypto price is volatile. But if
the big red candle doesn't appear again, we can buy when the red candle, but can buy it gradually. This means that there will always be
an opportunity for us to buy at a low price, therefore it takes patience to wait for the coins to drop to a low price.

The red candle will always come after the price reaches a high peak, but it is hard to know if the next candle will be the big red candle or back to the green candle. Maybe wait for a while to see the next thing that will happen to the market will be necessary to give us more sign.

I like the idea of buying it gradually because that is what I did so far, and I get the benefits from that. If we can do that many times, we can expect to make a profit daily, which can help us collect more money from trading. So waiting for the market will be important than following the price rally because that can make us get a trap at the high price.

livingfree

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Quote from: jorgesalcedo on May 27, 2021, 07:32:16 AM

Markets are very uneasy right now. We should not sell at a loss with impatient actions. I am currently waiting for my target price with 50% cash.
I think you should do that too. We have to set ourselves a goal and wait patiently. I am currently waiting for Bitcoin to reach the level of $ 33000, then I will invest Undecided

Been there done that.

Was once an impatient guy that have sold at loss because I'm very impatient and didn't liked the situation before. But experiencing it have taught me that it's just part of the market and it should happen.

Losing at loss will only make you realize that you shouldn't have done that if you have a solid belief with the coin you bought.

carlfebz2

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Quote from: Mahdirakib on May 27, 2021, 01:33:27 PM

Quote from: paramind22 on May 26, 2021, 11:01:13 PM

The question in another way: at what point do you buy the dip?
It's based on how much total money you can invest, what you think the ATH is, and how far down you think it can go. Spending a lot too soon fearing one will miss out is a sure way to keep money in limbo for who knows how long.

I buy little amount of crypto when the price drop 10%-15% within a day. But I use a small part of my total money to buy crypto during the time. Cause the price may go down more than my buying point. If it goes down more then I buy more crypto at that point. Perhaps, majority of investors use this method. It's not possible to guess the end point of a dip. But I wait for a higher price drop when there are some FUD and bad news regarding crypto market. And it's really hard to catch the price at exact dip point while large market correction happens.

Proper money management is a must if you do really tend to make yourself sustain into this market and not just making out decisions that would really be resulting into further loss.

Seeing opportunities like this doesnt come in a while and imagine 10-15% a day is a typical movement if i were to say but some do really get panic when seeing these declines.

We do have our own set point on when to buy in when the market is on bearish or correction side. Trading skills and own decisions would really vary on this one.

MCobian

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Quote from: michellee on May 27, 2021, 02:01:35 AM

Quote from: MCobian on May 26, 2021, 02:09:39 PM

Quote from: michellee on May 25, 2021, 12:52:09 AM

Quote from: MCobian on May 24, 2021, 11:44:11 PM

Quote from: ingiltere on May 24, 2021, 05:21:54 PM

~

Maybe the big red candle can be a sign for them to buy at a dip because that red candle will appear at the market, so if they can buy at that price, they will expect to buy at a dip. Yes, we do not know when the dipping price comes, but we can buy the coin when the price is down. Even if we do not buy at a dip price, the price will increase and make a profit. Manage our money will be the best thing that we can do to buy at a low price because we will see many times of that low price.

A good suggestion is to see the big red candle as a sign for us to enter the market, even though the big red candle also does not guarantee a dip price.
At least we have a reference when the best time to enter, because there is no certainty where the price actually dips. Indeed, the key is how we
manage the capital we have for investment. That way we can still make a profit, even we don't buy when the price dips.

Yes, but unfortunately, sometimes we miss that big red candle so we can not buy at the dip. It happened to me and many friends of mine, but we are trying not to regret that because I am sure that we will make a big profit in the future. As long as we can use the moment in the market, especially we see the red candle, we can use it to buy at the dip or we can wait for more if we found that the price can get down for more. By doing that, I am sure we can buy at a low price.

Another alternative when we are left behind is not buying coins during the big red candle, we can wait for the price to fall again. Because
crypto movements often repeat themselves, usually a big red candle will appear again soon, because the crypto price is volatile. But if
the big red candle doesn't appear again, we can buy when the red candle, but can buy it gradually. This means that there will always be
an opportunity for us to buy at a low price, therefore it takes patience to wait for the coins to drop to a low price.

Mahdirakib

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Quote from: paramind22 on May 26, 2021, 11:01:13 PM

The question in another way: at what point do you buy the dip?
It's based on how much total money you can invest, what you think the ATH is, and how far down you think it can go. Spending a lot too soon fearing one will miss out is a sure way to keep money in limbo for who knows how long.

I buy little amount of crypto when the price drop 10%-15% within a day. But I use a small part of my total money to buy crypto during the time. Cause the price may go down more than my buying point. If it goes down more then I buy more crypto at that point. Perhaps, majority of investors use this method. It's not possible to guess the end point of a dip. But I wait for a higher price drop when there are some FUD and bad news regarding crypto market. And it's really hard to catch the price at exact dip point while large market correction happens.

jorgesalcedo

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Trphy.io

Markets are very uneasy right now. We should not sell at a loss with impatient actions. I am currently waiting for my target price with 50% cash.
I think you should do that too. We have to set ourselves a goal and wait patiently. I am currently waiting for Bitcoin to reach the level of $ 33000, then I will invest Undecided

Twinscoin2017

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Quote from: Reatim on May 27, 2021, 05:31:05 AM

Quote from: FairUser on May 26, 2021, 11:12:38 PM

Just a thought like this, when the market is good, everyone wants it to drop in price to have the opportunity to buy more crypto assets for themselves.

Everyone is Overstatement mate, because there are many people that wanted for continues growth and not dumping.

Quote

However, not many people do that, and the fear of harm makes it impossible for them to know that their thoughts are correct.

What ? thoughts? and not reality? sorry i missed that part.

Quote

I can't help laughing with my friends when they always say when the market is down they will keep buying, but instead I see them constantly selling and taking losses, lack of market knowledge is so.

That's common mate, because the problem with not completely investors will make them talk a lot and not doing what's necessary .

Those who sell they are maybe lack of experience , most of them cannot control thier emotions and they always afraid of losing due to continuous dropping of the price, in short they are greedy they always wanted to see thier portfolio increasing like greedy always wanted, and by the time that the price drop, they always sell like panic sellers and losses the profit and sometimes thier capital too.

Reatim

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Quote from: FairUser on May 26, 2021, 11:12:38 PM

Just a thought like this, when the market is good, everyone wants it to drop in price to have the opportunity to buy more crypto assets for themselves.

Everyone is Overstatement mate, because there are many people that wanted for continues growth and not dumping.

Quote

However, not many people do that, and the fear of harm makes it impossible for them to know that their thoughts are correct.

What ? thoughts? and not reality? sorry i missed that part.

Quote

I can't help laughing with my friends when they always say when the market is down they will keep buying, but instead I see them constantly selling and taking losses, lack of market knowledge is so.

That's common mate, because the problem with not completely investors will make them talk a lot and not doing what's necessary .

michellee

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Quote from: MCobian on May 26, 2021, 02:09:39 PM

Quote from: michellee on May 25, 2021, 12:52:09 AM

Quote from: MCobian on May 24, 2021, 11:44:11 PM

Quote from: ingiltere on May 24, 2021, 05:21:54 PM

When you don't know anything about where the dip is you shouldn't put all your money for the expectation of buying the dip. Always do your own analysis and don't put all your money in dips. We saw %95 losses on altcoins, you can never be so sure about dips. For BTC 30k looked like a dip but we may see lower prices and when BTC fall down alts fall worse. Buying coins from cheaper prices are always good but it's impossible to guess the dip every time.

Nobody will ever know the true dip price, it is true even though the altcoins price has dropped very deeply, the price of altcoins could still fall even
lower. Therefore we decide for ourselves the purchase price for each of us. The most important thing when buying coins, don't use all the capital
we have, always leave a little bit in case the price drops even lower. So we can buy again the coins that we bought.

Maybe the big red candle can be a sign for them to buy at a dip because that red candle will appear at the market, so if they can buy at that price, they will expect to buy at a dip. Yes, we do not know when the dipping price comes, but we can buy the coin when the price is down. Even if we do not buy at a dip price, the price will increase and make a profit. Manage our money will be the best thing that we can do to buy at a low price because we will see many times of that low price.

A good suggestion is to see the big red candle as a sign for us to enter the market, even though the big red candle also does not guarantee a dip price.
At least we have a reference when the best time to enter, because there is no certainty where the price actually dips. Indeed, the key is how we
manage the capital we have for investment. That way we can still make a profit, even we don't buy when the price dips.

Yes, but unfortunately, sometimes we miss that big red candle so we can not buy at the dip. It happened to me and many friends of mine, but we are trying not to regret that because I am sure that we will make a big profit in the future. As long as we can use the moment in the market, especially we see the red candle, we can use it to buy at the dip or we can wait for more if we found that the price can get down for more. By doing that, I am sure we can buy at a low price.

FairUser

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Just a thought like this, when the market is good, everyone wants it to drop in price to have the opportunity to buy more crypto assets for themselves. However, not many people do that, and the fear of harm makes it impossible for them to know that their thoughts are correct.
I can't help laughing with my friends when they always say when the market is down they will keep buying, but instead I see them constantly selling and taking losses, lack of market knowledge is so.

paramind22

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The question in another way: at what point do you buy the dip?

It's based on how much total money you can invest, what you think the ATH is, and how far down you think it can go. Spending a lot too soon fearing one will miss out is a sure way to keep money in limbo for who knows how long.

Topic: At what point do you stop buying the dip? - page 2. (Read 781 times)