I will keep buying for now,
this is really the best moment for us to buy and invest more in crypto so that we can earn as many profit as possible until the price of altcoins go back to "normal"
before the crash, don't worry and don't panic, HODL as long as you can.
Topic: At what point do you stop buying the dip? - page 3. (Read 780 times)
If this cycle is like 2017 then last week crash is the dip before we continue our bullish. But if this year is the year like 2014 we are at mid of the dip. And for me, i will stop now for a while untill the chart confirmed last week was the dip. Winter season for crypto can give the whole coin -95% dip.
The statement above was my personal experience in trading and buying the dip.
The statement above was my personal experience in trading and buying the dip.
If there's so much panic in the market, more negative news then that could be a sign of a huge corrections just like what happened recently. I'm not buying on every dump, I just wait for a more cheaper price and I do stop buying the dip only when I have no more capital to buy. Its hard to know the bottom though so watch closely on every candles and look for sign of reversal.
I use to take the opportunity of buying coin during its market correction but of course, it is a need for us to analyze first if that is really a good buying position or not. That is why we have to look at the market chart, we have to spend some time on it and we don't need to rush because that sometimes will rip you out. Buy in every dip? But the problem is if we still have enough funds to use. Because I don't want to reach the point that we surpass our limitations. Investing in altcoins is riskier than having Bitcoin. It is very important not to brag about our emotions but to stick to our limitations.
If there's so much panic in the market, more negative news then that could be a sign of a huge corrections just like what happened recently. I'm not buying on every dump, I just wait for a more cheaper price and I do stop buying the dip only when I have no more capital to buy. Its hard to know the bottom though so watch closely on every candles and look for sign of reversal.
Well, for me, i don't think there should be a point where stops buying the dip as long as its dip we talking about, personally, the only time i will stop buying the dip is when i ran out of cash to buy, but this depends on the coin am buying though, here we are using bitcoin as an example, the only time i stop buying bitcoins dip is when i ran out of cash, buying even at a lower price after youve initially bought higher is even a blessing in disguise as this helps bring down your average buying price which in turn creates room for more profit when eventually price begins to go up.
but if its an altcoin that is not well trusted yet, i definitely would want to find out why price keeps dipping and what i find out will determine if i should keep buying the dip or just relax and wait for my selling price or even panic sell so as to buy in at a cheaper price later.
but if its an altcoin that is not well trusted yet, i definitely would want to find out why price keeps dipping and what i find out will determine if i should keep buying the dip or just relax and wait for my selling price or even panic sell so as to buy in at a cheaper price later.
Thats also my strategy, but now im run out of cash, so i hope theres enough time for me to have another entry before another rally happens.
When you see an opportunity but your funds isnt enough or already ran out then you would really be in rage for you not to do so. I have experience this stuff
for how many times thats why i do make out some savings when im profitting which is only intended for times like these on where
you can buy if you do see that the market give out some opportunity.
Well, for me, i don't think there should be a point where stops buying the dip as long as its dip we talking about, personally, the only time i will stop buying the dip is when i ran out of cash to buy, but this depends on the coin am buying though, here we are using bitcoin as an example, the only time i stop buying bitcoins dip is when i ran out of cash, buying even at a lower price after youve initially bought higher is even a blessing in disguise as this helps bring down your average buying price which in turn creates room for more profit when eventually price begins to go up.
but if its an altcoin that is not well trusted yet, i definitely would want to find out why price keeps dipping and what i find out will determine if i should keep buying the dip or just relax and wait for my selling price or even panic sell so as to buy in at a cheaper price later.
but if its an altcoin that is not well trusted yet, i definitely would want to find out why price keeps dipping and what i find out will determine if i should keep buying the dip or just relax and wait for my selling price or even panic sell so as to buy in at a cheaper price later.
Thats also my strategy, but now im run out of cash, so i hope theres enough time for me to have another entry before another rally happens.
It feels like https://www.petro.systems/ is leveling the entire defi up with its launch this month. It brings fuel trading to crypto and defi. Now you can long or short oil, gas or any other fuel.
https://medium.com/petro-swap/petro-bringing-fuel-trading-to-defi-48c4cb5b3652
https://medium.com/petro-swap/petro-bringing-fuel-trading-to-defi-48c4cb5b3652
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Well, for me, i don't think there should be a point where stops buying the dip as long as its dip we talking about, personally, the only time i will stop buying the dip is when i ran out of cash to buy, but this depends on the coin am buying though, here we are using bitcoin as an example, the only time i stop buying bitcoins dip is when i ran out of cash, buying even at a lower price after youve initially bought higher is even a blessing in disguise as this helps bring down your average buying price which in turn creates room for more profit when eventually price begins to go up.
but if its an altcoin that is not well trusted yet, i definitely would want to find out why price keeps dipping and what i find out will determine if i should keep buying the dip or just relax and wait for my selling price or even panic sell so as to buy in at a cheaper price later.
but if its an altcoin that is not well trusted yet, i definitely would want to find out why price keeps dipping and what i find out will determine if i should keep buying the dip or just relax and wait for my selling price or even panic sell so as to buy in at a cheaper price later.
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.
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.
As there's still chances that the market will continue to fall, the good catch there is once it start to bounce you are in a much suitable
position since you bought your assets mid or in the next stand.
There are many traders who uses technical analysis in finding the best point to place their entry, when the indciation dictates them to place in the next target is when to close out.
Some do shorting while other's love to see the big bounce and claimed much bigger stakes.
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.
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.
You should just wait to see how low the dip can go. There are indicators to find this out like the RSI and also you need to zoom out from 4hour chart, daily to weekly so that you can compare how the prices dip to its oversold price. I wouldn't be buying until I see it reaches the oversold line and then prices have to go sideways first before deciding to buy. This is just what I learned from someone I've also follow because I profited thru his analysis.
Even the indicator said its oversold, sometimes the crash could be dipper.
The idea of buy dip is to average down your average buying, so every dip you buy its not bad, just dont all in on any dip.
At this point crypto markets seem to be influenced by some speculations, so it's easy to tell when people stop the bearish talk and turn to speak bullish, this should be the time to buy crypto.
The main rule is never to try to catch the falling knife no matter what.. Buying dip is luck + trading skills + experience
Lol I like this, sounds like something I can preach and put into practice 
snipped...
Been in this space since 2016 so I experience the bull run of 2017. To me it felt good enough back in early May and I was content that maybe we were at the top for this one. Then I started watching some YouTube videos that made it seem like we were in for a few more corrections. This "made sense" and was buying the dip when it went below the 50 K range. But it seems if I keep buying, I will be eating up more of my profits now than I want to spend. There is a price point where the money one spends to buy the dip comes out of one's profits so much that one is no longer making as much money to make one's time worth it.
I learned that buying the dip on a site like coinbase isn't as good as setting limit orders because with them you can buy at a much lower point in the future and see if the market hits it or not. If it doesn't then you can buy as needed. If it does then you've saved a lot of money that dollar cost averaging would have cost you.
I bought in the 40K range and now it is in the 30K range.
I think you should stop buying whenever you run out of funds and you are clearly experiencing loss more than gains. Considering that you bought at the $40k range and the value is now going low at the moment, you have the freedom to keep on holding or buying if you trust that bitcoin will soon come back to $60k. Many people are confused on what they should do right now when in fact, we all know that all of these corrections are leading only to one path which is bitcoin getting more new all time highs. It may pay off or it may not cause its a risk ever since the beginning so decide wisely! I learned that buying the dip on a site like coinbase isn't as good as setting limit orders because with them you can buy at a much lower point in the future and see if the market hits it or not. If it doesn't then you can buy as needed. If it does then you've saved a lot of money that dollar cost averaging would have cost you.
I bought in the 40K range and now it is in the 30K range.
Consider the speculation that btc can still go as high as 70k plus I would say we are still in the dip and still not a bad idea to buy at this price, same applies to eth and rest top alts with reduce price at the moment, but also bare in mind that it could dip again, no one can fully predict the direction the market will go.
SXP. Binance bought it last summer. Very valotyl .. plus or minus see for yourself. But everything with binance will shoot sooner or later. Although if we have arrived yet, then nothing will be fired. Although, even after such a fall, she is now 13x from loya
Right now I still have a stable coin to prepare for the worst case scenario I can think of, maybe I will spend all of that money buying back BTC at $25k - 30K, that's the case if it happens because anyway, I'm not too concerned with the money to buy back because currently the amount of crypto is not too much for me to bother 
but I'm not the one who sold out the crowd last time
but I'm not the one who sold out the crowd last time
Well, you better go put it in a limit order now actually. If I HAD any stablecoin I want to invest, as a trader, they would all be in limit orders at various stages.
But I'm not a trader so I'd be damn right out there now spending all that Tether into BTC right now.
The way it looks, we may even not be seeing 30k anymore if this recovery turns into the next rally upcycle!
Right now I still have a stable coin to prepare for the worst case scenario I can think of, maybe I will spend all of that money buying back BTC at $25k - 30K, that's the case if it happens because anyway, I'm not too concerned with the money to buy back because currently the amount of crypto is not too much for me to bother
but I'm not the one who sold out the crowd last time
but I'm not the one who sold out the crowd last time
some people who missed their analysis and then there was another decline, but still dared to cutloss sometimes it's the right thing to do because you can use it again for a few coins at a lower price
I have been looking at important currencies, and this one in particular seems to me that it is in the mode that they have stopped buying, when reviewing its volume by tradingview it seems to me, but this article refers to the fact that interest has been lost a bit, maybe it is because of the big BTC crash that occurred days ago:
I think that at this moment many are stopping buying, but anything can happen, if BTC goes bullish, UNI can shine and give great surprises.
Quote
Uniswap was rejected at its 50-SMA (yellow) on the 4-hour chart but this limit was well within expectations according to previous analysis. As reiterated, this presented the possibility of sideways movement, with $19-20 offering some support. In fact, the predicted movement could also be considered bullish over the short term as UNI needed to reset after yesterday’s gains.
Source: https://ambcrypto.com/uniswap-solana-matic-price-analysis-25-may/I think that at this moment many are stopping buying, but anything can happen, if BTC goes bullish, UNI can shine and give great surprises.
Jump to: