Buy the dip, 2018 edition - page 2. | Bitcointalksearch.org

Samarkand

sr. member

Activity: 658

Merit: 282

Quote from: Itty Bitty on January 11, 2018, 05:45:33 PM

For the life of me I can not figure out what category of person is selling substantial amounts in the 13,000 to 13,500 USD range on Jan. 11, 2018. Short sellers keep running into a wall in this area, as BTC has only dipped below 13,000 for a few hours since its all time high in Mid-December. The chances of getting burned by shorting in this area seem overwhelmingly greater than profiting. Why would miners who are in it for the long run be selling in this range instead of waiting for the seemingly inevitable bounce back up. Why would long term hodlers suddenly give up in this range. Why would people who bought too high suddenly decide enough is enough and this is the range, which has been approached quite a few times, continue to dump here.

Nothing makes sense! There is no way for me to understand who is dumping in this range over and over. Your input to aid me in vanquishing my ignorance is welcome.

I guess this is caused by the fact that the actual float of Bitcoin is not
as big as you think it is.

Most people that you refer to (miners, long-term holders ...) probably have the majority
of their coins in cold-storage or custodial services. These coins are not really getting traded and therefore
don´t really influence the price action. Many Bitcoin users never actually use their funds.

To sum up, I´d argue that the price action on the exchanges is mainly caused by
professional traders, a steady flow of casual investors entering the market and a
few entities that manipulate the market (shady exchanges, pump and dump groups).

Itty Bitty

member

Activity: 137

Merit: 14

For the life of me I can not figure out what category of person is selling substantial amounts in the 13,000 to 13,500 USD range. Short sellers keep running into a wall in this area, as BTC has only dipped below 13,000 for a few hours since its all time high in Mid-December. The chances of getting burned by shorting in this area seem overwhelmingly greater than profiting. Why would miners who are in it for the long run be selling in this range instead of waiting for the seemingly inevitable bounce back up. Why would long term hodlers suddenly give up in this range. Why would people who bought too high suddenly decide enough is enough and this is the range, which has been approached quite a few times, continue to dump here. Why would people who bought in the 9-10K area after NO2X ended suddenly give up here.

Nothing makes sense! There is no way for me to understand who is dumping in this range over and over. Your input to aid me in vanquishing my ignorance is welcome.

Scorpion

hero member

Activity: 887

Merit: 516

Bitcoin OG

Yep. Just as Warren Buffet says, "“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”, right now people are so fearful and abandoning their stake just to not lose so much, but the smart people are coming in and picking up the pieces.

kaolin

full member

Activity: 462

Merit: 100

especially token, it reminds us of early 2017 when ethereum are dumb badly but some of countries are collecting it so crazy. get your bag ready or you loose the train!!! BTFD!!!!

Bytem3

full member

Activity: 602

Merit: 107

I think the dip is over and it's only up from now on.

Doubt that Korean government will shut down any of those big Korean exchanges like Bithumb and Coinone:
https://coincodex.com/article/1182/the-crypto-market-dips-as-ambiguous-korea-news-spread/

kimochidesh

sr. member

Activity: 518

Merit: 257

Quote from: RoommateAgreement on January 11, 2018, 10:49:29 AM

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

Don't know whether it is a Dip or beginning of an end of cryptos. Some people believe that it is an opportunity to buy and HODL, on the other hand, other says that its time to book the profit and exit the market as market is going crash after govt. intervention toward regulation.

Transformbitz

full member

Activity: 434

Merit: 101

Yes 2018 is gonna be the exciting year for us. buy the dip and hold its a bullish season so nothing to worry about. just hold more and don't ever touch your investment while its dip goodluck!

Quote from: hachiman13 on January 11, 2018, 04:20:14 PM

Too bad many people got done in by those fake news. This dip might go all the way down to 10k so I'm holding until then.

First month of the year and we see all sorts of news. 2018 is gonna be an exiting year for crypto Grin

hachiman13

full member

Activity: 378

Merit: 102

Too bad many people got done in by those fake news. This dip might go all the way down to 10k so I'm holding until then.

First month of the year and we see all sorts of news. 2018 is gonna be an exiting year for crypto Grin

machinationus

full member

Activity: 182

Merit: 100

I bought a little fraction of bitcoin in order to buy it at a cheapest price. If i am not wrong, i bought at $12,700 when it touched it's dip during last night because of that fake fud..
Now i am on a 10% profit of that, it was not a huge investment, but yes, it is a huge difference anyway.

HALLASTERA

member

Activity: 252

Merit: 12

Quote from: RoommateAgreement on January 11, 2018, 10:49:29 AM

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

For activate "bullish" need many solutions,bitcoin scale and smartcontracts and etc.

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Quote from: pugman on January 11, 2018, 03:15:35 PM

There is still more to come. Better wait, money is going to flow in ripple yet again because Ripple has partnered with money gram now. Bitcoin will go down furthermore, so you can buy then. Yay.. New investors, seize this opportunity or cry for ever.

But some new investors jumped in when it was last at $18,000 and many here were saying it's good to buy on the dip
and IBM once had the small PC market to themselves and I am sure someone was saying buy on the dip until it ran into
the ground so you will have to convince me that it won't be you that will "cry for ever"

Maybe you would like to counter my argument with some facts instead of gut feeling or hoping to see what suits
your pocket like you did with your ripple comment

I mean I can do calculations based on ripple price and number of coins (100bn) and BTC price-21m
being a computer programmer and come up with something (Try it, you will be surprised) but i have
trouble when it comes to speculation (XRP on Coinbase)

pugman

legendary

Activity: 2383

Merit: 1551

dogs are cute.

Quote from: RoommateAgreement on January 11, 2018, 10:49:29 AM

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

There is still more to come. Better wait, money is going to flow in ripple yet again because Ripple has partnered with money gram now. Bitcoin will go down furthermore, so you can buy then. Yay.. New investors, seize this opportunity or cry for ever.

Jltan

member

Activity: 61

Merit: 10

From the way it has been, end of 2017 has been very bullish and many coins has risen to fame, with bitcoin surpassing many benchmarks. If you look at the market as a whole now, although not entirely bearish, but we can't deny that it has signs of a bearish trend. It is a rather good time to get some amount of bitcoins and hold for a while we will surely see the insane growth back.

fulmetal08larz

full member

Activity: 476

Merit: 124

Every dip in the market is a golden opportunity. This is the best time to accumulate more BTC at a lower price - Buy low, Sell High. There will be more scenarios like this in the market cycle. Cost averaging method is recommended for long term investment.

paolo099

full member

Activity: 224

Merit: 101

anoth black friday for BTC, get it while it last!
This for sure will not be the last dip for this month and this is kinda getting sort of scary, not to panic sell but i will wait for some more time and see what will happen.
Maybe in the same time i would go to eth for a quick investment but i know i will get back to my first love BTC

btcmayumana

member

Activity: 168

Merit: 10

The arrival of traders from Wall Street certainly makes a significant difference in the movement of this coins. They are more expert in assessing the market, I also think dip at this time is just the beginning of another to come. I can not predict where Bitcoin will fall, but clearly the market movement is very much changed, some altcoins are showing up as well.

MrCrank

sr. member

Activity: 1330

Merit: 258

Quote from: RoommateAgreement on January 11, 2018, 10:49:29 AM

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

Yes, you right! I think this last dip in this month.
After price will be rising again up to 20K USD.
My advice don't panic!

Thanasis

hero member

Activity: 1820

Merit: 515

★777Coin.com★ Fun BTC Casino

There is another chance for the people who wants to invest on bitcoin and I think the price dip will go upto $12K,so wait for that and buy when the orice starts to increase.There is a hardfork of ethereum coming up on Jan 19 so until that price of bitcoin may fall because people will look to buy ethereum than bitcoins because they will receive free coins from forks.

ChrishAi28

member

Activity: 133

Merit: 10

Quote from: RoommateAgreement on January 11, 2018, 10:49:29 AM

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

Yes we are now experiencing another dip again, maybe going until the second month of this year. So we better hold and have attention on the biggest dip. And if thats happens thats the time to buy bitcoins.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: RoommateAgreement on January 11, 2018, 10:49:29 AM

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

I don't think that this is the last one in January, expecting a series of dip to come. However, looks like this is really a good buying more again. FUD will continue to exist, it is how we deal with it. So if they cause the market to dip, then we should take the opportunity, I mean every opportunity to buy and then keep on accumulating bitcoins.

This is another round to really bring out your cash and pour in the ecosystem and buy. Others are scare of dip, but on the contrary we can make a lot of money from it. Buy and then HODL. There are no magic in here. That's how successful investors do and should emulate them.

I don't want you to be the guy who are going to bitch later, seeing he didn't get it in dip but buy bitcoin at top price. Grin

Topic: Buy the dip, 2018 edition - page 2. (Read 540 times)