Buy the DIP, and HODL! - page 534. | Bitcointalksearch.org

Wind_FURY

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Quote from: aardvark15 on November 14, 2019, 01:51:54 PM

Buying the dip I think only works in a bull market. During a bear market it gets trickier because there’s always going to be a lower price in the short term until it hits bottom.

Buying the dip during bear markets works as dollar-cost-averaging, to reduce your loss, and to lower your average-buying-price.

Wait a few months after the halving, you might regret not buying more.

daarul50

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Quote from: pooya87 on November 07, 2019, 02:36:37 AM

Quote from: ?? on ??

This is the most fundamental strategy of staying safe in the world of crypto currencies. You are simply supposed to buy expensive coins like bitcoin when the market is down like it was this year. Why it is important to buy bitcoin specifically in dips? Because in pumps this is the most expensive coin and that is the ideal situation for cashing out profit. Right now market is great for buyers.

wrong. this is only important in "world of bitcoin" and basically any other asset that has a potential for rising or is on the rise. otherwise in "cryptocurrencies" this not true at all. most of them are in long term dumping mode forever with some short term pumps which means when you see a drop you can not call it a "dip" and it won't be worth buying it since after that drop there will be more drops unlike bitcoin where after the drop there is more rise instead.

actually if you are a typical trader who loves taking big risk , to buy every dip is your perfect way to gain big percentage of profit.

the risk could be worth , but if you are prefer to play it safe then i think to buy in the bearish run is a big mistake , you will feel that the drop is like never ending and guess what you will do? buy high sell low and buy high sell low again!
buy it on the bullish run if you want lower risk and sell it right after you have the profit in your pocket even it is only a little bit. that is how it works.

finding the real dip never easy , you have to monitor the movement every single minutes even seconds to get the very dip!

aardvark15

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Buying the dip I think only works in a bull market. During a bear market it gets trickier because there’s always going to be a lower price in the short term until it hits bottom.

Wexlike

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Quote from: STT on November 13, 2019, 05:31:14 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" ?

STT

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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.

pooya87

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Quote from: El duderino_ on November 12, 2019, 06:14:51 AM

Quote from: Wind_FURY on April 17, 2019, 02:07:48 AM

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle, https://twitter.com/misir_mahmudov/status/1118243131584065537

I do believe when one is able of buying the DIP he should, but besides the DIP one should buy whenever he can like every monthly wage take a % of what you save and buy corn with it instead of all saving it in a dumb bankaccount ....
^
This of-course counts especially for those who have read a bit about BTC and have a believe that its here to stay....

people should do these two at the same time. meaning to set aside a portion of their money to buy bitcoin with but don't buy it right away when they get their paycheck for instance. they should instead try to look for a dip specially when the market is in sideways mode not a bull/bear run since during the bull run you want to buy right away without wasting any time but these days dips are more common and the bottoms are established already.

cryptoangel

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Quote from: d3nz on November 12, 2019, 05:46:01 AM

I think it is not yet time to buy and it will go much lower between the range of 8200- 8400 value and as of today 24hr low currently 8600 so it might go down and probably bounced back to $10k and that's a huge profit.

And it would be best to takr advantage of the market crisis than cry later and no profit at all.

It is your point of you, But most of the traders are actively monitor the crypto market so they know the future facts and earning percentage. Normally Bitcoin is fluctuate all the time so peoples are actively participate all the time. Some new investors little fear the small dump and pump so still we have right opportunity to invest.

El duderino_

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Quote from: Wind_FURY on April 17, 2019, 02:07:48 AM

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle, https://twitter.com/misir_mahmudov/status/1118243131584065537

I do believe when one is able of buying the DIP he should, but besides the DIP one should buy whenever he can like every monthly wage take a % of what you save and buy corn with it instead of all saving it in a dumb bankaccount ....
^
This of-course counts especially for those who have read a bit about BTC and have a believe that its here to stay....

error08

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Quote from: d3nz on November 12, 2019, 05:46:01 AM

I think it is not yet time to buy and it will go much lower between the range of 8200- 8400 value and as of today 24hr low currently 8600 so it might go down and probably bounced back to $10k and that's a huge profit.

And it would be best to take advantage of the market crisis than cry later and no profit at all.

It was around $5000 when OP mentioned buying bitcoin, but the idea to buy at every dip isn't changed.
There is a probability that bitcoin may drop to $8500, but I doubt it will fall below it.
$10K isn't the target as bitcoin has the potential to go beyond $20K in the next year, so just buy whenever you think it's plausible.

d3nz

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I think it is not yet time to buy and it will go much lower between the range of 8200- 8400 value and as of today 24hr low currently 8600 so it might go down and probably bounced back to $10k and that's a huge profit.

And it would be best to takr advantage of the market crisis than cry later and no profit at all.

barabarian1

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Quote from: Naida_BR on April 17, 2019, 03:11:15 AM

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.

Omega Weapon

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Quote from: pooya87 on November 07, 2019, 02:36:37 AM

Quote from: ?? on ??

This is the most fundamental strategy of staying safe in the world of crypto currencies. You are simply supposed to buy expensive coins like bitcoin when the market is down like it was this year. Why it is important to buy bitcoin specifically in dips? Because in pumps this is the most expensive coin and that is the ideal situation for cashing out profit. Right now market is great for buyers.

wrong. this is only important in "world of bitcoin" and basically any other asset that has a potential for rising or is on the rise. otherwise in "cryptocurrencies" this not true at all. most of them are in long term dumping mode forever with some short term pumps which means when you see a drop you can not call it a "dip" and it won't be worth buying it since after that drop there will be more drops unlike bitcoin where after the drop there is more rise instead.

Traders have different tools to make money and it always surprises me when they choose the wrong tool for the job, buying the dip is without a doubt a strategy that can be used very effectively to make money but this only applies to good assets, I really do not think there are more than ten coins in this market that are worth the risk of buying when they are going down and of all of those bitcoin is probably the only one we all agree is worth the risk.

kapalmabur

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Quote from: Google+ on November 07, 2019, 06:30:56 AM

Quote from: Wind_FURY on November 07, 2019, 04:32:29 AM

Quote from: pooya87 on November 07, 2019, 02:36:37 AM

Quote from: ?? on ??

This is the most fundamental strategy of staying safe in the world of crypto currencies. You are simply supposed to buy expensive coins like bitcoin when the market is down like it was this year. Why it is important to buy bitcoin specifically in dips? Because in pumps this is the most expensive coin and that is the ideal situation for cashing out profit. Right now market is great for buyers.

wrong. this is only important in "world of bitcoin" and basically any other asset that has a potential for rising or is on the rise. otherwise in "cryptocurrencies" this not true at all. most of them are in long term dumping mode forever with some short term pumps which means when you see a drop you can not call it a "dip" and it won't be worth buying it since after that drop there will be more drops unlike bitcoin where after the drop there is more rise instead.

There will be more days that HODLING Bitcoin will be positive, than there will be days that HODLING will be negative.

I don't think anyone knows for sure which is more appropriate, holding bitcoin with long-term or short-term methods only if world finance really develops digital currencies and uses transparent transaction technology then bitcoin can be a good reference and bitcoin prices will always going up because bitcoin will definitely have lots of requests and lots of uses, while if the future does not use blockchain technology it is certain bitcoin will not be used, so from this explanation I think I already know whether or not to hold bitcoin.

I think if you buy with all the money you have and hold bitcoin at current prices it's a big risk!
Indeed, buying at lower prices is important for traders, but you also have to understand the technique if you want to trade like that,
I have experience when buying it down and bitcoin down again, it is a lesson for me

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Quote from: Wind_FURY on November 07, 2019, 04:32:29 AM

Quote from: pooya87 on November 07, 2019, 02:36:37 AM

Quote from: ?? on ??

This is the most fundamental strategy of staying safe in the world of crypto currencies. You are simply supposed to buy expensive coins like bitcoin when the market is down like it was this year. Why it is important to buy bitcoin specifically in dips? Because in pumps this is the most expensive coin and that is the ideal situation for cashing out profit. Right now market is great for buyers.

wrong. this is only important in "world of bitcoin" and basically any other asset that has a potential for rising or is on the rise. otherwise in "cryptocurrencies" this not true at all. most of them are in long term dumping mode forever with some short term pumps which means when you see a drop you can not call it a "dip" and it won't be worth buying it since after that drop there will be more drops unlike bitcoin where after the drop there is more rise instead.

There will be more days that HODLING Bitcoin will be positive, than there will be days that HODLING will be negative.

I don't think anyone knows for sure which is more appropriate, holding bitcoin with long-term or short-term methods only if world finance really develops digital currencies and uses transparent transaction technology then bitcoin can be a good reference and bitcoin prices will always going up because bitcoin will definitely have lots of requests and lots of uses, while if the future does not use blockchain technology it is certain bitcoin will not be used, so from this explanation I think I already know whether or not to hold bitcoin.

yulionoo

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Quote from: barabarian1 on November 07, 2019, 05:08:08 AM

yes, in my opinion you have given good advice, and I think it's appropriate if we buy bitcoin or altcoin when prices are down. I think that is one of the strategies in seeking profit, but I myself sometimes find it difficult to do it all. every time the price goes down, I sometimes feel afraid that will stop or will continue to fall for a long time. In my opinion buying when the price drops is very easy to say but very difficult when doing it. I myself usually buy when prices fall, and it turns out when I start to hold back, it turns out the price goes down. and from all that I realized that it was not easy.

yes, buying when prices are falling I think it is a good strategy in trading and crypto investments. I'm sure everyone will wait for the moment of price reduction when they want to buy a coin. And I'm sure what they did next was hold the coin and wait until the price would rise again. when prices start to rise, it is certain that they will benefit when they sell the coin. I myself also say if all of that is not easy, but by doing such a strategy, at least we have tried to find the best way to benefit in cryptocurrency.

barabarian1

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yes, in my opinion you have given good advice, and I think it's appropriate if we buy bitcoin or altcoin when prices are down. I think that is one of the strategies in seeking profit, but I myself sometimes find it difficult to do it all. every time the price goes down, I sometimes feel afraid that will stop or will continue to fall for a long time. In my opinion buying when the price drops is very easy to say but very difficult when doing it. I myself usually buy when prices fall, and it turns out when I start to hold back, it turns out the price goes down. and from all that I realized that it was not easy.

Wind_FURY

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Quote from: pooya87 on November 07, 2019, 02:36:37 AM

Quote from: ?? on ??

This is the most fundamental strategy of staying safe in the world of crypto currencies. You are simply supposed to buy expensive coins like bitcoin when the market is down like it was this year. Why it is important to buy bitcoin specifically in dips? Because in pumps this is the most expensive coin and that is the ideal situation for cashing out profit. Right now market is great for buyers.

wrong. this is only important in "world of bitcoin" and basically any other asset that has a potential for rising or is on the rise. otherwise in "cryptocurrencies" this not true at all. most of them are in long term dumping mode forever with some short term pumps which means when you see a drop you can not call it a "dip" and it won't be worth buying it since after that drop there will be more drops unlike bitcoin where after the drop there is more rise instead.

There will be more days that HODLING Bitcoin will be positive, than there will be days that HODLING will be negative.

pooya87

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Quote from: ?? on ??

This is the most fundamental strategy of staying safe in the world of crypto currencies. You are simply supposed to buy expensive coins like bitcoin when the market is down like it was this year. Why it is important to buy bitcoin specifically in dips? Because in pumps this is the most expensive coin and that is the ideal situation for cashing out profit. Right now market is great for buyers.

wrong. this is only important in "world of bitcoin" and basically any other asset that has a potential for rising or is on the rise. otherwise in "cryptocurrencies" this not true at all. most of them are in long term dumping mode forever with some short term pumps which means when you see a drop you can not call it a "dip" and it won't be worth buying it since after that drop there will be more drops unlike bitcoin where after the drop there is more rise instead.

Darooghe

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Buy low, sell high is an over simplification and the reason people fail at it is because they fail to understand basic concepts like this. You're making the assumption that price will reverse and regain lost ground and then go even higher. This is an extremely high risk play. If Bitcoin has been to its all-time high and will never go back up there, then sure, looks like you got screwed. Trading is not about buying low and selling high. It's about risk management. If you want to guarantee profits you short the pops in a down trend and buy the dips in an uptrend.

Wind_FURY

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Quote from: barnes13 on November 05, 2019, 04:50:45 AM

Actually, if we talk about buying on the dip, many people are wondering if now is the right time to buy it. Maybe this is something that is difficult for people who don't know how to read through the technical analysis and only rely on the news to read the market situation. They often hesitate in terms of buying now or later, and sometimes think whether the current price is the right price to buy it?

There's no right price to buy. As a buy the dipp-er, you use dollar-cost averaging to increase your profit in bull markets, and reduce losses during bear markets.

Topic: Buy the DIP, and HODL! - page 534. (Read 108155 times)