Author

Topic: Buy the DIP, and HODL! - page 533. (Read 108155 times)

sr. member
Activity: 1236
Merit: 252
November 29, 2019, 05:21:44 PM
"If funds are limited", then the only option should be to look for a job, and/or a second job. Suggesting altcoins as a "second option" is stupid.
so what a good suggestion for limited funds?
Find a job. Any job, and buy Bitcoin.
Quote
altcoin can be an option because there are many ways to get money in it. but it's a little difficult to determine which is good.
There's also many ways to lose money in it.
Although it is not easy to find a job, there seems to be no other way to get Bitcoin than work and then buy it.
risk is always there, the loss is certain, but however we must be able to take risks and of course how to minimize risk.


You don't have a job, but you'll risk what you have left in altcoins? I believe that's called gambling.
No this is not gambling but yes it’s risky to invest all your money in crypto when you don’t have any other job. We should try to buy coins if the price is down and the market is red but make sure you have some amount safe with you for usage. Investing in the safe coin is not that risky so just invest if you feel it can give you profit in the future as some people use investing in crypto as a business.
legendary
Activity: 2898
Merit: 1823
November 27, 2019, 06:41:15 AM
"If funds are limited", then the only option should be to look for a job, and/or a second job. Suggesting altcoins as a "second option" is stupid.
so what a good suggestion for limited funds?
Find a job. Any job, and buy Bitcoin.
Quote
altcoin can be an option because there are many ways to get money in it. but it's a little difficult to determine which is good.
There's also many ways to lose money in it.
Although it is not easy to find a job, there seems to be no other way to get Bitcoin than work and then buy it.
risk is always there, the loss is certain, but however we must be able to take risks and of course how to minimize risk.


You don't have a job, but you'll risk what you have left in altcoins? I believe that's called gambling.
hero member
Activity: 2814
Merit: 576
November 27, 2019, 05:43:32 AM
"If funds are limited", then the only option should be to look for a job, and/or a second job. Suggesting altcoins as a "second option" is stupid.

so what a good suggestion for limited funds?


Find a job. Any job, and buy Bitcoin.
Good suggestion, if you are just resourceful, you can surely find a job online, there are even some jobs that pays in crypto, so you just have to keep it.

Some people here are just joining the campaign, the earning is not that big bu that BTC is valuable in the future.


hero member
Activity: 1106
Merit: 502
November 27, 2019, 04:28:26 AM
"If funds are limited", then the only option should be to look for a job, and/or a second job. Suggesting altcoins as a "second option" is stupid.
so what a good suggestion for limited funds?
Find a job. Any job, and buy Bitcoin.
Quote
altcoin can be an option because there are many ways to get money in it. but it's a little difficult to determine which is good.
There's also many ways to lose money in it.
Although it is not easy to find a job, there seems to be no other way to get Bitcoin than work and then buy it.
risk is always there, the loss is certain, but however we must be able to take risks and of course how to minimize risk.
legendary
Activity: 2898
Merit: 1823
November 27, 2019, 03:33:53 AM
"If funds are limited", then the only option should be to look for a job, and/or a second job. Suggesting altcoins as a "second option" is stupid.

so what a good suggestion for limited funds?


Find a job. Any job, and buy Bitcoin.

Quote

altcoin can be an option because there are many ways to get money in it. but it's a little difficult to determine which is good.


There's also many ways to lose money in it.
hero member
Activity: 1106
Merit: 502
November 26, 2019, 08:46:06 AM
"If funds are limited", then the only option should be to look for a job, and/or a second job. Suggesting altcoins as a "second option" is stupid.

so what a good suggestion for limited funds? altcoin can be an option because there are many ways to get money in it. but it's a little difficult to determine which is good.
legendary
Activity: 2898
Merit: 1823
November 26, 2019, 06:58:19 AM
"If funds are limited", then the only option should be to look for a job, and/or a second job. Suggesting altcoins as a "second option" is stupid.
hero member
Activity: 1092
Merit: 501
November 25, 2019, 10:02:40 PM
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time
You do not really need to buy one bitcoin you can buy whatever you can afford, I know that is very tempting to buy altcoins because you can buy a very huge number of them for a very low price but what it is the point of buying an altcoin that is going to go down in value and it is never going to recover? It is better to use your money to invest in something that you know that no matter what happens it will go up in value during the next years.
Actually, if funds are limited, the second option is to collect from trading altcoins, but the fact is that it is now increasingly difficult to make a profit from altcoins.  when bitcoin goes down and altcoin is even more destroyed. because I myself experienced this, and my assets are getting down due to buying some altcoin that is increasingly destroyed.
And that is the issue that I'm describing, at first sight it may seem as it is more profitable to buy altcoins, but altcoins only outperform bitcoin under very special circumstances and as you can see the market of cryptocurrencies is not in the middle of an a scenario like that, during the whole year of 2019 bitcoin has been outperforming altcoins and now that the price of bitcoin is going down we do not see altcoins recovering but the opposite.
legendary
Activity: 1862
Merit: 1046
November 21, 2019, 09:35:43 AM
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time
You do not really need to buy one bitcoin you can buy whatever you can afford, I know that is very tempting to buy altcoins because you can buy a very huge number of them for a very low price but what it is the point of buying an altcoin that is going to go down in value and it is never going to recover? It is better to use your money to invest in something that you know that no matter what happens it will go up in value during the next years.
Actually, if funds are limited, the second option is to collect from trading altcoins, but the fact is that it is now increasingly difficult to make a profit from altcoins.  when bitcoin goes down and altcoin is even more destroyed. because I myself experienced this, and my assets are getting down due to buying some altcoin that is increasingly destroyed.
legendary
Activity: 2898
Merit: 1823
November 21, 2019, 04:07:58 AM
PayPal CEO Dan Schulman was interviewed, was asked if he owned cryptocurrencies. I believe this was the reply, in big letters,



Buy the dip, and? Cool
hero member
Activity: 1092
Merit: 501
November 20, 2019, 11:02:07 PM
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time
You do not really need to buy one bitcoin you can buy whatever you can afford, I know that is very tempting to buy altcoins because you can buy a very huge number of them for a very low price but what it is the point of buying an altcoin that is going to go down in value and it is never going to recover? It is better to use your money to invest in something that you know that no matter what happens it will go up in value during the next years.
sr. member
Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
November 20, 2019, 08:22:39 AM
In as much as i believe that crypto is in its early stage and its likely to increase much more later.  But buying every dip you see will just lead you huge and enormous loss. Before you buy the dip of any coin you see make sure you have done a proper research on if the project is likely to grow over time, if research is not done properly,  you end up buying plenty tokens that might never increase in price again.  To be safe take out time and study each project well before investing
sr. member
Activity: 1236
Merit: 252
November 19, 2019, 05:30:04 AM
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time

You don't have to buy a whole Bitcoin just buy commensurate to what you can afford, some altcoins are good but with the coming halving the go to coin is definitely Bitcoin, I am buying on every dip and from my rewards from my current campaign, we should like an ant storing foods for the rainy days however small we stored, because it's going to worth it next year.
Yeah, we should buy some bitcoins that we can afford I think one should not stress himself about investing just buy as much as you think is suitable for you. So it’s good to buy at a low price because you will not have to spend so much but you will have so much profit. Investing at Dip and in normal routine has huge profit differences.
sr. member
Activity: 2030
Merit: 269
November 18, 2019, 08:13:18 AM
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time

You don't have to buy a whole Bitcoin just buy commensurate to what you can afford, some altcoins are good but with the coming halving the go to coin is definitely Bitcoin, I am buying on every dip and from my rewards from my current campaign, we should like an ant storing foods for the rainy days however small we stored, because it's going to worth it next year.
sr. member
Activity: 1890
Merit: 268
Vave.com - Crypto Casino
November 18, 2019, 05:13:29 AM
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time
That's alright, buying altcoin can still give you profit at the right time, this market just move based on BTC movement and therefore we can expect that if the market will rise, its gonna be BTC that will lead it but like I said, the right time will come that altcoins will also rise.

personally, I also hold a lot of altcoins with almost worthless of value now, this is cause by the long bear market but I understand this is how it works because the pump created FOMO during the last bull run and the market was overvalued, so correction happened.
correction has occurred over the last 2 years making a lot of altcoin worthless, you are a great person still holding and holding your altcoin, maybe for new users to throw at cheap prices, I once got a message from my trade teacher, no one loses in trading except we sell cheap because of a need which means to sell cheap because it is forced and depressed ,, I want to see a change also in the next year that many people are waiting for it
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
November 17, 2019, 03:52:09 AM
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time
That's alright, buying altcoin can still give you profit at the right time, this market just move based on BTC movement and therefore we can expect that if the market will rise, its gonna be BTC that will lead it but like I said, the right time will come that altcoins will also rise.

personally, I also hold a lot of altcoins with almost worthless of value now, this is cause by the long bear market but I understand this is how it works because the pump created FOMO during the last bull run and the market was overvalued, so correction happened.
sr. member
Activity: 1890
Merit: 268
Vave.com - Crypto Casino
November 17, 2019, 03:42:16 AM
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time
hero member
Activity: 1092
Merit: 501
November 15, 2019, 11:42:52 PM
Buying every dip is easy to say, but difficult to identify the dip (for me at least!)

Every time the price of bitcoin drops I am afraid of the point that it is going to stop or it will be ongoing for a long time. Looking at charts and trying to make my TA sometimes prove me wrong!

Yes, I agree with you, it's very easy to say, but it's quite difficult if practiced. for example, right now the price of bitcoin is down from $ 9,000 to $ 8,800 in my opinion this is a good opportunity to buy. but sometimes people are afraid that the value will go down again so they postpone buying hoping the price can drop even lower. but if I will still decide to buy even if the value of bitcoin goes down again I won't regret buying. because I'm sure that in the future bitcoin prices will pump even higher. I just need to wait and be patient until bitcoin is bullish.
Buying the dip is better practiced regularly, if you try to predict when the market has reached the bottom then you are going to be disappointed with your performance, it is better to buy bitcoin whenever you have some money available and the price is going down, on average you will obtain a better price than those that buy all the bitcoin they can in one go, but this strategy requires from you that you hold your coins for a long time before you see good gains.
legendary
Activity: 1473
Merit: 1086
November 15, 2019, 09:08:26 AM
Im going to disagree with the thread titled strategy for today and probably for this week as I think it might be best to take a breakout type buy or sell depending on where we move from here.



So on this cap if we are moving above 200 day average it could be taken as positive from there on, the speculators might actually want to take this level here with a tight stop loss, 8820 or above.     Then I do think its a sell if we can move past and confirm below the 50 day average which is about 8560.   On this occasion buying the dip is not that attractive to me, I only back that idea when its part of a regular pattern of both lows and highs and its too irregular right now.

So at what price level would you consider to "buy the dip" ?
For sure at this condition I think it’s much better to buy some coins at low price as we know market is low and price of these coins will be high after some years but at that time it will be hard to get profit in selling but we can make bright future by holding so that’s why I am dreaming to sell after year or more but now is the best time as market is at Dip these days.

And about which coins are you talking ? The regular Bitcoin Dip buy or some altcoins ?
full member
Activity: 1008
Merit: 101
November 15, 2019, 08:49:55 AM
Im going to disagree with the thread titled strategy for today and probably for this week as I think it might be best to take a breakout type buy or sell depending on where we move from here.



So on this cap if we are moving above 200 day average it could be taken as positive from there on, the speculators might actually want to take this level here with a tight stop loss, 8820 or above.     Then I do think its a sell if we can move past and confirm below the 50 day average which is about 8560.   On this occasion buying the dip is not that attractive to me, I only back that idea when its part of a regular pattern of both lows and highs and its too irregular right now.

So at what price level would you consider to "buy the dip" ?
For sure at this condition I think it’s much better to buy some coins at low price as we know market is low and price of these coins will be high after some years but at that time it will be hard to get profit in selling but we can make bright future by holding so that’s why I am dreaming to sell after year or more but now is the best time as market is at Dip these days.
Jump to: