Buy the DIP, and HODL! - page 538. | Bitcointalksearch.org

Oilacris

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Quote from: Herbert2020 on August 01, 2019, 03:12:54 AM

Quote from: Wind_FURY on July 30, 2019, 06:37:26 AM

Plus there's no new money coming in the market. It's all whalecumulator money, and some plebs like us who love Bitcoin.

actually i do believe that "new money" is always coming in. the difference in different times is that sometiemes like now the new money is also seeing the uncertainty so it decides to wait a little bit so that maybe it can find a better entry point. additionally because most traders are doing the same thing too, the "whalecumulator" can easily place a sell pressure on the market enough to keep the price at the level they want so no matter how much "new money" comes in, price stays the same.

There would always be a control according into their likings yet we know that these people do have the capacity on maintaining or moving prices according to their likes.

Waiting for some entry and planning for an exit route will always be the target.No matter if theres new money or not to come in.

Wind_FURY

legendary

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Is $9,500 the new $3,500? I believe the feeling we have of being below $10,000 will start to be the same as when Bitcoin was below $5,000. The little jittery plebs that we are.

Herbert2020

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Quote from: Wind_FURY on July 30, 2019, 06:37:26 AM

Plus there's no new money coming in the market. It's all whalecumulator money, and some plebs like us who love Bitcoin.

actually i do believe that "new money" is always coming in. the difference in different times is that sometiemes like now the new money is also seeing the uncertainty so it decides to wait a little bit so that maybe it can find a better entry point. additionally because most traders are doing the same thing too, the "whalecumulator" can easily place a sell pressure on the market enough to keep the price at the level they want so no matter how much "new money" comes in, price stays the same.

Distinctin

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Quote from: Mihaylovic on July 30, 2019, 04:20:43 PM

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

you are right. but how will we know that it is dip. the market keeps going red for more than 1 year and deepest levels never end. (i also bought and have been holding but still not pleasent

)

Honestly no one knows if the price is already at dip since we don't see and control the future.
We just based on our analysis and make some judgement, that's it.

You don't have to believe others claiming they are experts and they know the current situation, you are the one who should decide and make an action.
This is the norms of the market, sometimes we loss, sometimes we make profit.

Mihaylovic

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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

you are right. but how will we know that it is dip. the market keeps going red for more than 1 year and deepest levels never end. (i also bought and have been holding but still not pleasent

)

Wind_FURY

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Quote from: buwaytress on July 29, 2019, 12:30:36 PM

Quote from: exstasie on July 28, 2019, 02:44:29 PM

The primary reason is usually price action. It was a classic "failure to launch" scenario. Failure to launch = safe to dump.

On the hourly time frame and below, we formed a strong reversal candle and higher high. Aggressive/FOMO traders thought this would create a trend change, but nobody was willing to keep buying above the $10,200 resistance. At the 4-hour time frame, there was no breakout at all.

It's important to note where price doesn't want to go. Clearly price did not want to go up. Once that fact became very obvious, sellers began front running the next leg of the crash.

I think buyers are seeing how easy it is to move the trend back up so quickly, and they're also seeing that there's plenty of opportunity to get in at even lower entry points than now. Swimming against the current's not attractive enough just yet. Miners are also still profitable at this price so they're happy to just keep their selling pressure for as long as the dime's clean.

Plus there's no new money coming in the market. It's all whalecumulator money, and some plebs like us who love Bitcoin.

Carreuh

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Very true if you have to buy every coin that is experiencing a decline in price but before that we have to analyze first how the coin after experiencing a decline whether to rise again or the coin becomes worthless after the decline and choose coins that really have been proven in trade and have registered in several exchanges

buwaytress

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Quote from: exstasie on July 28, 2019, 02:44:29 PM

The primary reason is usually price action. It was a classic "failure to launch" scenario. Failure to launch = safe to dump.

On the hourly time frame and below, we formed a strong reversal candle and higher high. Aggressive/FOMO traders thought this would create a trend change, but nobody was willing to keep buying above the $10,200 resistance. At the 4-hour time frame, there was no breakout at all.

It's important to note where price doesn't want to go. Clearly price did not want to go up. Once that fact became very obvious, sellers began front running the next leg of the crash.

I think buyers are seeing how easy it is to move the trend back up so quickly, and they're also seeing that there's plenty of opportunity to get in at even lower entry points than now. Swimming against the current's not attractive enough just yet. Miners are also still profitable at this price so they're happy to just keep their selling pressure for as long as the dime's clean.

BitcoinHunt3r

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Quote from: mirakal on July 28, 2019, 07:58:19 PM

Quote from: Hypnosis00 on July 28, 2019, 07:54:01 PM

Buy every dip and sell it when it goes high? Well, it is something manageable but somehow we look also the market trend and not just of the price itself.
It gonna be a big loss in our part if we keep buying during the dip and never have any returns after then. We should be smart in making decisions and to understand what was the market did.

We can have a return because the market is volatile, whether you are for short term or long term as long as you are having a target which is realistic, you'll surely get some good ROI.

I'd give an example, this year, the dip was $3500 more or less and price of BTC goes as high as $14K IIRC, and if you sell that time, that would make you so profitable, and even if you failed to sell and decide to sell now, that's still a profit.

Dip or maybe ATH maybe if traders already can read bitcoin price situation, they can take profit from it no matter in what price they bought or maybe in what price they sell his coin. That is something that we must know as traders.

Nazmul012

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SOL.BIOKRIPT.COM

Want to say, whatever you had written before 3months ago, that's actually came true. As a result, bitcoin price is already hit 9.5k$ which is huge. And still bitcoin price is increasing. So undoubtedly Agreed that, should buy every dip so that future of bitcoin will be going much more brighter

romero121

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Buy when there is dip in the market is the common strategy to get assured profit out of the investment. Here important things need to be considered were the asset over which we're planning to make the investment. It's growth chart for a longer time period needs to be studied.

Even when we buy at a dip it doesn't assure with a profit within predicted time period. This way every dip needs to be considered an investment point, particularly this dip can be used by users who have a separate fund for investment out of the regular earning.

Wind_FURY

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Quote from: exstasie on July 28, 2019, 02:44:29 PM

Quote from: passwordnow on July 27, 2019, 07:11:04 AM

Any insights what's the reason for this quick crash?

The primary reason is usually price action. It was a classic "failure to launch" scenario. Failure to launch = safe to dump.

On the hourly time frame and below, we formed a strong reversal candle and higher high. Aggressive/FOMO traders thought this would create a trend change, but nobody was willing to keep buying above the $10,200 resistance. At the 4-hour time frame, there was no breakout at all.

It's important to note where price doesn't want to go. Clearly price did not want to go up. Once that fact became very obvious, sellers began front running the next leg of the crash.

Or maybe Bart is back.

Also known as whalecumulators eating margin long, and margin shorts for profits and fun.

mirakal

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Quote from: Hypnosis00 on July 28, 2019, 07:54:01 PM

Buy every dip and sell it when it goes high? Well, it is something manageable but somehow we look also the market trend and not just of the price itself.
It gonna be a big loss in our part if we keep buying during the dip and never have any returns after then. We should be smart in making decisions and to understand what was the market did.

We can have a return because the market is volatile, whether you are for short term or long term as long as you are having a target which is realistic, you'll surely get some good ROI.

I'd give an example, this year, the dip was $3500 more or less and price of BTC goes as high as $14K IIRC, and if you sell that time, that would make you so profitable, and even if you failed to sell and decide to sell now, that's still a profit.

Hypnosis00

sr. member

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Buy every dip and sell it when it goes high? Well, it is something manageable but somehow we look also the market trend and not just of the price itself.
It gonna be a big loss in our part if we keep buying during the dip and never have any returns after then. We should be smart in making decisions and to understand what was the market did.

exstasie

legendary

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Quote from: passwordnow on July 27, 2019, 07:11:04 AM

Any insights what's the reason for this quick crash?

The primary reason is usually price action. It was a classic "failure to launch" scenario. Failure to launch = safe to dump.

On the hourly time frame and below, we formed a strong reversal candle and higher high. Aggressive/FOMO traders thought this would create a trend change, but nobody was willing to keep buying above the $10,200 resistance. At the 4-hour time frame, there was no breakout at all.

It's important to note where price doesn't want to go. Clearly price did not want to go up. Once that fact became very obvious, sellers began front running the next leg of the crash.

passwordnow

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Quote from: Wind_FURY on July 28, 2019, 04:07:17 AM

Quote from: exstasie on July 27, 2019, 06:56:00 AM

Quote from: passwordnow on July 27, 2019, 05:59:08 AM

Quote from: exstasie on July 27, 2019, 04:04:46 AM

I suspect buyers haven't had their last shot at 4-digits, but I could be wrong.

We'll see it by Monday if we'll go back to 4 digs.

Looks like we only had to wait another 30 minutes after your post! Shocked

Brutally fast dump down to $9,400. I suspect we're in for a revisit to $9,000 over the next 24 hours or so. Let's see if bulls can hold the line or not.

Or it might be the last time we're given this opportunity to accumulate more below $10,000. I said the same below $5,000, which I don't believe we'll see again. Cool

I hope that it will be the last time to see this price but I won't feel disappointed if we ever see some corrections again.

Quote from: ?? on ??

whales are locking in more bagholders. price is quietly down about 30% or $4000 over the last 17 days let that set in. imo the price could retrace back down to $5800 very easily. If people are looking to buy the dips, I would only buy at every $1000 dip price point. So buy at $8500, $7500, $6500 etc or not buy again until price is over $13500 and on the way to a new ath.

Those prices for reentry is looking good and I said that I wouldn't get in for this moment and waiting for those price dips that you mentioned.

Wind_FURY

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Quote from: exstasie on July 27, 2019, 06:56:00 AM

Quote from: passwordnow on July 27, 2019, 05:59:08 AM

Quote from: exstasie on July 27, 2019, 04:04:46 AM

I suspect buyers haven't had their last shot at 4-digits, but I could be wrong.

We'll see it by Monday if we'll go back to 4 digs.

Looks like we only had to wait another 30 minutes after your post! Shocked

Brutally fast dump down to $9,400. I suspect we're in for a revisit to $9,000 over the next 24 hours or so. Let's see if bulls can hold the line or not.

Or it might be the last time we're given this opportunity to accumulate more below $10,000. I said the same below $5,000, which I don't believe we'll see again. Cool

passwordnow

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Quote from: exstasie on July 27, 2019, 06:56:00 AM

Quote from: passwordnow on July 27, 2019, 05:59:08 AM

Quote from: exstasie on July 27, 2019, 04:04:46 AM

I suspect buyers haven't had their last shot at 4-digits, but I could be wrong.

We'll see it by Monday if we'll go back to 4 digs.

Looks like we only had to wait another 30 minutes after your post! Shocked

Brutally fast dump down to $9,400. I suspect we're in for a revisit to $9,000 over the next 24 hours or so. Let's see if bulls can hold the line or not.

Dang that was so quick, I'm surprised after checking the price I just witnessed it on $9,500.
I thought that it will take few more days or until Monday to see if the price can go back to 4 digs and now it really did. I'm still bullish no matter what we're witnessing now. Any insights what's the reason for this quick crash?

exstasie

legendary

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Quote from: passwordnow on July 27, 2019, 05:59:08 AM

Quote from: exstasie on July 27, 2019, 04:04:46 AM

I suspect buyers haven't had their last shot at 4-digits, but I could be wrong.

We'll see it by Monday if we'll go back to 4 digs.

Looks like we only had to wait another 30 minutes after your post! Shocked

Brutally fast dump down to $9,400. I suspect we're in for a revisit to $9,000 over the next 24 hours or so. Let's see if bulls can hold the line or not.

passwordnow

hero member

Activity: 3066

Merit: 577

Leading Crypto Sports Betting & Casino Platform

Quote from: Wind_FURY on July 27, 2019, 03:40:24 AM

Did anyone buy the below $10,000 dip?

That might be the last time the plebs were given the opportunity to buy Bitcoin with four digits by the whalecumulators. Cool

I wouldn't get in at this point, I'll wait a little bit longer and see if there will be more dips. But if I see that we're starting to increase then I'll act accordingly and wouldn't let myself get in late.

Quote from: exstasie on July 27, 2019, 04:04:46 AM

I suspect buyers haven't had their last shot at 4-digits, but I could be wrong.

We'll see it by Monday if we'll go back to 4 digs.

Topic: Buy the DIP, and HODL! - page 538. (Read 108168 times)