There is no specific time when you stop buying the dip it is just luck which matter. With experience you can somewhat predict the dip and it's range. My suggestion is to analyse the data and market trends, and set a potential limit where you want to buy the coins. You have to have luck on your side.
We just need to believe that were lucky enough that the price we analyzed is already the dip and the market is going uptrend. The market is too volatile if we don’t trust our chart or analyzation we will not be able to buy at all. It we fear too much that the price will go dipper then buyback or put some stop loss. Trading is about risk at all. 
Topic: At what point do you stop buying the dip? (Read 795 times)
There is no specific time when you stop buying the dip it is just luck which matter. With experience you can somewhat predict the dip and it's range. My suggestion is to analyse the data and market trends, and set a potential limit where you want to buy the coins. You have to have luck on your side.
I think it's:
1 how much profit you believe you will make when you buy the dip. Then you know how low you have to go.
2 how much of your trading profits you'll lose if the dip is a long term correction
3 how much of your trading profits you'll lose if the dip you buy at is not the larger dip in store before the correction upward
i will buy dip when everyone is desperate for what they want, that's when usually the whales come to take the weak hand.
with so many weird topics that i've seen in the last few days i'm wondering when i'll see season of 'weak hands' topics again
I personally, if I trade in a short time, will usually buy a dip when the decline is above 30% in a day.
this reminds me of last month's misfortune, it was a big price drop and even binance froze and I couldn't buy when the price drops to $30,000, I lost big chance and at the same time I lost money because I didn't put Stop - Loss, me I remember being annoyed because I couldn't sell to reduce my loss
There is no specific time when you stop buying the dip it is just luck which matter.
I partially agree, for example if someone were to follow the twitters of certain people it could be possible that this person could buy low and sell high. in the end what matters is being the first to get good or bad news
There is no specific time when you stop buying the dip it is just luck which matter. With experience you can somewhat predict the dip and it's range. My suggestion is to analyse the data and market trends, and set a potential limit where you want to buy the coins. You have to have luck on your side.
no one can guess the crypto market, as well as determine where to stop the dip, therefore I always play it safe, which is to take enough profit, never be greedy to keep waiting for higher
"No one can guess the crypto market"
Yes, I had a gut feeling in May that taking out my profits on the way to 60K BTC and some of the other top coins was good enough. Then I listened to people that do know more about crypto in general on Youtube, saying that the bull market is still going 4 to 8 months, and that we have about 3 more upward moves/small corrections to go in this bull cycle.
I hope they are right. This seems to be the "greed" factor in the fear and greed index. It's as if making 5x my money wasn't good enough, I had to listen to people saying 100K BTC coin by the end of 2021, lol.
i will buy dip when everyone is desperate for what they want, that's when usually the whales come to take the weak hand.
I personally, if I trade in a short time, will usually buy a dip when the decline is above 30% in a day.
I personally, if I trade in a short time, will usually buy a dip when the decline is above 30% in a day.
no one can guess the crypto market, as well as determine where to stop the dip, therefore I always play it safe, which is to take enough profit, never be greedy to keep waiting for higher
That's good, however, you need to make sure you are smart to do some short term trading, doing it is hard than just saying it, I've been there, I was about to sell and take profit but I still held despite my initial plan was to sell when the target is hit. 
before it , u must know where the dip , its not hard to find free signal or even news about price movement , then u must analyze before u take action , and if u bought and the price still down and down, okay , dont overbought , even experts say ,buying crypto assets means being willing to bet you can lose everything.
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.
Heh) and I bought my first cryptocurrency just like that (like a joke) and forgot it for 4 month. A couple of months ago I remembered and was glad, regretted that I had bought a little.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 it does have potential do end up on nothing or not getting any value.It is just a matter of some mix luck and of course analysis would really be much
needed because this isnt gambling on where you do just simply pick without any basis.
I agree that investing in crypto sometimes takes luck to make a profit. Because no analysis is 100% accurate, we have done the analysis
and research properly, this does not ensure that we make a profit. Indeed, investing in crypto has a very high risk compared to investing
in other assets. But this is what makes investing in crypto start to be in demand, because there are so many early adopters who think
investing in crypto is a joke. Finally, we were very surprised when the price of the coins we bought rose, and managed to provide a very large profit.
So always use extra money when investing in crypto, so when the price drops we won't panic and can patiently wait until the price goes up again.
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.
Heh) and I bought my first cryptocurrency just like that (like a joke) and forgot it for 4 month. A couple of months ago I remembered and was glad, regretted that I had bought a little.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 it does have potential do end up on nothing or not getting any value.It is just a matter of some mix luck and of course analysis would really be much
needed because this isnt gambling on where you do just simply pick without any basis.
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.
Heh) and I bought my first cryptocurrency just like that (like a joke) and forgot it for 4 month. A couple of months ago I remembered and was glad, regretted that I had bought a little. 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 
This is a good time to stop buying and fully observe the current market situation and trend. Staking/cultivation can be used as leverage for this period. Recent bitcoin-related problems caused it to drop more than 43% in two weeks. No one wants to lose their edge when they find the bottom.
Everyone has their own perspective on when to buy and when to sell. Mostly buying occurs during the bear season but so sad that we never see it now coz I think that we are still in the bullish season. Quite to say that we have not to wait for the dip to come again but rather have to take the risk and invest it now. But before that, we have to check the market trend first, and we have to wait for the moment that corrections come as that will be our best position to buy. 
That is probably the biggest issue with the buying the dip strategy, after all the harder the price drops the more you buy and the less cash you have available, so you need to read the market correctly, if you think the dip is going to be too small then you could buy a lot of coins when the dip is just starting and not have enough cash to buy at the ridiculous low prices we got to see during the extreme dips.
But if you have your buy orders too low then you are not going to buy enough bitcoin when it is selling for a discount, so as you can see even buying the dip requires some level of predicting ability about how big the dip will be and this makes it a difficult strategy to implement.
You have to consider income as well when you are making that type of calculation. Not everyone buys millions of dollars, people like me can somehow earn money and put more into crypto as well, which would impact the amount we have. For example my project put aside 250 dollars worth of BNB during this period, hopefully we can increase that when the price goes down, I personally bought 50 bucks more, these are all income related stuff. Sure some people have tens of thousands of dollars, hundreds of thousands of dollars, even millions however not everyone is like that and even the people like that usually can find some more. But, if you end up with nothing, and you have nothing to put once again then this problem is still not a problem, let it fall.But if you have your buy orders too low then you are not going to buy enough bitcoin when it is selling for a discount, so as you can see even buying the dip requires some level of predicting ability about how big the dip will be and this makes it a difficult strategy to implement.
If you bought at 100, then it dropped to 90 and you bought again, then at 80 then at 70 then at 60 and you run out of money but it goes to 30, just wait for it to go back above 100 and you would be in big profit anyway, so there is no rushing, just wait.
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 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.
So sorry for your lose, but this situation is the same for most of the people who invest in bitcoin. I have never imagined after the ATH, bitcoin price decrease in no time.
I really hope this dip won't last long and market will be better this month and the following.
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.
But if you have your buy orders too low then you are not going to buy enough bitcoin when it is selling for a discount, so as you can see even buying the dip requires some level of predicting ability about how big the dip will be and this makes it a difficult strategy to implement.
I think its far better to buy dip towards bull markets (so in bear market). When you try to find dip in bull market, consider april this year, it was very risky and pretty sure some new investors didn't make money, instead they lost half of their initial investment.
This is a good time to stop buying and fully observe the current market situation and trend. Staking/cultivation can be used as leverage for this period. Recent bitcoin-related problems caused it to drop more than 43% in two weeks. No one wants to lose their edge when they find the bottom.
Sometimes its better to observe, I agree. 
This is a good time to stop buying and fully observe the current market situation and trend. Staking/cultivation can be used as leverage for this period. Recent bitcoin-related problems caused it to drop more than 43% in two weeks. No one wants to lose their edge when they find the bottom.
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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 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 will never stop buying deep, I think new investors should buy at deep without feeling any hesitation. And everyone should invest their surplus money in Bitcoin if they want to create a beautiful and secure future. I don't think anyone has to be very experienced or have a lot of trading skills to buy deep, these requirements are necessary for short-term traders, but if one wants to make a profit from his investment without having any good skill then I think buying deep is a very suitable decision for him.
I always try to invest in Bitcoin from the money deposited after my monthly expenses, and at every deep, I buy more Bitcoin because I believe that the potential of Bitcoin will reach its peak very soon.
I will stop buying at dip anytime I have exhausted the money I safe for such an investment. And one thing I observed in this crypto currency market is when people are saying the market will drop further please buy because that is the moment it will start to rise to the surprise of many.
This is true and these are my indicative signs which i would make a decision to make some buy back on where people are really on fear or hesitance on buying up something.
When it comes to budget then i do strictly follow it up when it comes to finances and wont really go beyond those limits because it would be risky if the market would go even more lower
and besides i would always have a budget when it comes to possible further dips that might happen but since funds is limited then you should really be careful on making decision.
Sometimes i don't know what is dip of crypto, usually when i see people already talk about price of a coin increased i will stay and look it is good to buy or not. Maybe a little late, but at least not really late because i stand by online in telegram via mobile phone and market because only in home to work. But if i late for a moment, then i will skipped it.
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.
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).
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 .
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. A lot of people just now made 30% on their money in a matter of a week or two.
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.
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.
A lot of people just now made 30% on their money in a matter of a week or two.
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
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.
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.
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.
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.
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.
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.
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
Been there done that.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
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.
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.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.
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.
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.
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 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. 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.
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
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
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 .
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 . 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.
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.
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.
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.
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 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.
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.
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.
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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.
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 never do. Why would I stop buying the dip, it is the dip, and that is why we buy it? I mean sure I buy the "dip" and then it goes down even more, but then I buy some more. Unfortunately I do not have the money for it right now so I can't buy more of this dip, and I understand other people who can't because they lack the funds however if I had the money to buy I would buy some more from here as well, and not just bitcoin I would buy other coins as well then if the price went down a bit more I would buy some more and I would keep doing that over and over and over again for a long period of time because this is the dip and it should be bought constantly. I bought in the 40K range and now it is in the 30K range.
I would buy it until bitcoin is 5k and ethereum is 100 dollars and bnb is 20 dollars, I would still buy them if I can. Just do that and wait, I am sure sooner or later the price will go up once again.
When i still have money i can afford to lose i will keep buying the dip,
i don't have limit about it because i believe in the next few years the price will go back to the moon (only top coins), so even though my investment keep droping i believe in the end the price will rise again.
As a trader, it is certainly a good opportunity to buy when a price drop occurs, but the problem is that when the price drops as well as the estimation of assets we have drastically decreases and not a few traders experience panic to cut losses to avoid big losses, if I personally would prefer to buy when the price has really dropped to a low, rather than enter when a dip is occurring. i don't have limit about it because i believe in the next few years the price will go back to the moon (only top coins), so even though my investment keep droping i believe in the end the price will rise again.
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.
Well in that case, nobody will be putting money down on limit orders. That's perfectly fine for traders to not know, hence several limit orders and even in both ways.
You're a trader, you have to predict these scenarios, and you always buy the dip.
Not a trader or not willing to take the risk. Dollar cost average. Easy, simple, and it ALWAYS works:)
When i still have money i can afford to lose i will keep buying the dip,
i don't have limit about it because i believe in the next few years the price will go back to the moon (only top coins), so even though my investment keep droping i believe in the end the price will rise again.
i don't have limit about it because i believe in the next few years the price will go back to the moon (only top coins), so even though my investment keep droping i believe in the end the price will rise again.
Personally, I think I will be with this market for a long time, so the recent problems of the market did not affect my psychology at all. Moreover, most of my investments in this market are giving very good returns, I am not like everyone when entering this market the price is too high, and that is the reason why my current position at mine are very comfortable with it.
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.
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.
You are not new in a crypto world my friend maybe you have much more funds to afford in investing which makes you out of control.There is nothing more you can with that except to wait for the market to bounce back to 40k + or else if that coins that you bought is BTC its good for future earning.
I don't buy the dip till it proves me wrong by showing a good reversal candle with enough volume to beat the volume of the lowest red with the biggest volume. I don't buy when I see that the selling pressure is very high and chances of a reversal are not good. It is not a good sign for a trader to go against the trend and try to do something different unless he is too much sure about his step.
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.
That is ok if you've bought at those ranges. You're in for the long term and every single buy you do will count in the future.
I will only stop buying if I don't think that there's no more sense in the market. But that's unlikely to happen for the top coins that we're always talking about.
But for the meme coins and whatsoever, there's really no sense IMO to buy them that's why I'm starting to be more serious with my long term hold.
Will really always vary on what coin you would really be targeting to buy neither a top coins or into those low cap coins or in low ranks.If its really worth to hold or not I will only stop buying if I don't think that there's no more sense in the market. But that's unlikely to happen for the top coins that we're always talking about.
But for the meme coins and whatsoever, there's really no sense IMO to buy them that's why I'm starting to be more serious with my long term hold.
but always remember that you should only spent or invest the amount that you can afford to lose or something that you wont rely as a source of income to sustain
your daily living because crypto profits isnt really something that you can rely.
Buying the dip is something that someone cant really do such thing easily since there are several indications for you to consider first before on doing it.
But for most that don't have a good status in life and relying on crypto, it's like a once in a life time opportunity and for the meantime if the investment and chosen crypto is your biggest bet that might change your life forever. You have to look for a job or any means to sustain your living first.
At a point where you do not have disposable income to spend! I say this because I assume you must have invested a chuck of your income on a coin like bitcoin, ether, uni etc. When buying opportunity resufaces like it always do, the only logical thing is to buy as much as you can! And for some big risk appetite, tyey may even borrow or sell personal effect to buy the dip!
Do you think the bubble has really burst that you are suggesting selling personal items and putting them in crypto? I think you should wait for the right time if you want to re-enter the market in its current state, some of my friends even did as you said, nyakni sold her motorbike when yesterday bitcoin crashed and invested her money in bitcoin when the price was $40K and of course he regrets what he is doing now because the decline in bitcoin prices has not stopped at this time. 
At a point where you do not have disposable income to spend! I say this because I assume you must have invested a chuck of your income on a coin like bitcoin, ether, uni etc. When buying opportunity resufaces like it always do, the only logical thing is to buy as much as you can! And for some big risk appetite, tyey may even borrow or sell personal effect to buy the dip!
precisely with a decrease like this is the moment to collect lots of coins at a cheap discount. How not, you also know that sharp drops are quite rare and are looking forward to a discount of this magnitude.
if i have big balance in USDT then i have spent all to queue cheaply.
if i have big balance in USDT then i have spent all to queue cheaply.
I bought in the 40K range and now it is in the 30K range.
Simple. At the point that you run out of funds that you can afford to lose.
Don't forget the simple basics, people. Invest only what you can afford to lose. Then that way you never regret if things don't work out. And you buy the dip with money you have extra on the side. Wait a couple years or 3 or 4, and then see it all come back up again;)
he already knew that because he had been here since 2016 , he even manage to see that 2017 Pump and also the highest of 2021. Don't forget the simple basics, people. Invest only what you can afford to lose. Then that way you never regret if things don't work out. And you buy the dip with money you have extra on the side. Wait a couple years or 3 or 4, and then see it all come back up again;)
Simple. At the point that you run out of funds that you can afford to lose.
Don't forget the simple basics, people. Invest only what you can afford to lose. Then that way you never regret if things don't work out. And you buy the dip with money you have extra on the side. Wait a couple years or 3 or 4, and then see it all come back up again;)
Don't forget the simple basics, people. Invest only what you can afford to lose. Then that way you never regret if things don't work out. And you buy the dip with money you have extra on the side. Wait a couple years or 3 or 4, and then see it all come back up again;)
As others have said, it depends on your risk appetite. If you're fine with your portfolio going down all the way to Bitcoin @$5k, then by all means you can buy them all along. Of course it doesn't mean you can just throwaway your money. You have to buy the assets that you believe to be valuable. Spending $1k to buy Bitcoin is not the same as spending $1k to gamble with shitcoin.
News around the internet is the good idea when it comes buying at the dip, because to be honest that how the market works now.. See what happened? What i meant is we need to make research first before buying because nowadays there are some factors the really driving some project in just a simple way especially around the social media . .this is just a friendly reminder mate because for me this is really the most important things to get the right timing in a dip.. Not just using some indicators because it's always too good to be true and to follow what's the main reason why market always going crazy..
I think that will depend on how is your feeling. If your feeling says to stop, it is better to stop buying at the dip because you already buy many amounts. But if your feeling says that the price will go down for more, you can prepare to buy more. Maybe we have a different method to know when we decide to stop buying at the dip because that will also depend on the money we have because we do not have to spend all of the money buying at the dip. We need to manage how much money that we can use to buy the coin at the dip.
When running out of money I guess, the thing about buying dip is no one really know when we gonna hit rock bottom, it could always go down further but if we're speaking about btc, we can say that it's not gonna go down to below $20,000 due
to this coin already considered as digital gold so whether you bought at $30000 or $40000 doesn't really matter if the price could go back up again
my point being, before buying the dip check the fundamental of a coin, if it's good even if the dip still go deeper its gonna be profitable long term.
to this coin already considered as digital gold so whether you bought at $30000 or $40000 doesn't really matter if the price could go back up again
my point being, before buying the dip check the fundamental of a coin, if it's good even if the dip still go deeper its gonna be profitable long term.
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.
I will still buy and invest little buy little for now, because the original price i bought already decreased about 60%+,
so i will keep buying for now until the price of BTC going back to $63k and ETH go to $4k+ again.
This is a good moment to buy again and again, and wait until the price skyrocket again.
so i will keep buying for now until the price of BTC going back to $63k and ETH go to $4k+ again.
This is a good moment to buy again and again, and wait until the price skyrocket again.
Think about it this way, the more over-extended the dip the more profit you can make but the chances its not a dip are much higher. Hence when BTC was rallying it barely dipped on some occasions, such as only giving maybe 5% dip, but those dips were always profitable. However now with a 50% dip, sure you can make tons of profit if it breaks ATH again and goes to like $75K however the fact that it dipped so much is not good.
When there is a small 5% dip, people dont panic. When there is a huge 50% dip, people usually panic and there is going to be tons of sell pressure and the first rip we get will most likely all want to sell. So its possible this might be like 2017 when we got to $5K and then dipped all the way to $3K before regaining our rally, however keep in mind what happened when we got our 50% dip from $20K to $10K late 2017. Everybody bought the dip and got rekt.
When there is a small 5% dip, people dont panic. When there is a huge 50% dip, people usually panic and there is going to be tons of sell pressure and the first rip we get will most likely all want to sell. So its possible this might be like 2017 when we got to $5K and then dipped all the way to $3K before regaining our rally, however keep in mind what happened when we got our 50% dip from $20K to $10K late 2017. Everybody bought the dip and got rekt.
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 think many other exchange platform can allow to pend your order and not only coinbase
I bought in the 40K range and now it is in the 30K range.
Not knowing the exact time or deep to refill from is the challenge of crypto. Now you have lost around $10,000 and no guarantee that more deep won't come. I'm sure you have felt you bought at a deep but now it keeps going down.
That is ok if you've bought at those ranges. You're in for the long term and every single buy you do will count in the future.
I will only stop buying if I don't think that there's no more sense in the market. But that's unlikely to happen for the top coins that we're always talking about.
But for the meme coins and whatsoever, there's really no sense IMO to buy them that's why I'm starting to be more serious with my long term hold.
Will really always vary on what coin you would really be targeting to buy neither a top coins or into those low cap coins or in low ranks.If its really worth to hold or not I will only stop buying if I don't think that there's no more sense in the market. But that's unlikely to happen for the top coins that we're always talking about.
But for the meme coins and whatsoever, there's really no sense IMO to buy them that's why I'm starting to be more serious with my long term hold.
but always remember that you should only spent or invest the amount that you can afford to lose or something that you wont rely as a source of income to sustain
your daily living because crypto profits isnt really something that you can rely.
Buying the dip is something that someone cant really do such thing easily since there are several indications for you to consider first before on doing it.
when I have no more money to buy the dip, because as long as I have money to invest in cryptocurrency, then I will definitely continue to buy the dip, because I believe that in the future the money I invest now will definitely increase to 10x-100x, therefore I don't want to losing the current opportunity (buying the dip) to get a big profits in the future.
That is ok if you've bought at those ranges. You're in for the long term and every single buy you do will count in the future.
I will only stop buying if I don't think that there's no more sense in the market. But that's unlikely to happen for the top coins that we're always talking about.
But for the meme coins and whatsoever, there's really no sense IMO to buy them that's why I'm starting to be more serious with my long term hold.
I will only stop buying if I don't think that there's no more sense in the market. But that's unlikely to happen for the top coins that we're always talking about.
But for the meme coins and whatsoever, there's really no sense IMO to buy them that's why I'm starting to be more serious with my long term hold.
The main rule is never to try to catch the falling knife no matter what.. Buying dip is luck + trading skills + experience, finding the top-bottom is gambling with leveraged trades. Focusing on the long-term trading results is healthy than trading blindly on top bottoms or trying to get the dip points. Just focus on the long term gains and you are good to go. Instead of chasing the bull market or bear market will lead to the REKT sooner or later. The long term trading or investing is the key for avoiding the huge losses, write down your goals and always stick to your main trading plan which can be extremely dangerous if you avoid it.
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 then 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.
At the end of the day it depends on what you think it is what we are seeing, the strategy is called buying the dip not buying the crash, if you think we are seeing a crash then the best strategy is to stay out of the market and not buy until your experience tells you we are close to the bottom.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.
However if this is just a big dip and you bought while on the way down several times then you will be fine as the price will quickly recover, personally I think this is the most likely scenario and the one I think will happen, however you could set a limit in the case you are wrong, for example you could use 50% of your fiat to buy at several levels during a dip and keep the rest in the case you were wrong and it is a crash and you can buy close to the bottom giving you a better average price for your coins.
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 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.
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