Topic: Buy the DIP, and HODL! - page 540. (Read 108168 times)
A good strategy is to buy when prices are declining, because it has the potential to rise again, because the nature of trading is that prices always go up and down, unlike buying prices when they are above, it is a big risk.
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I always see this word being posted in twitter to "buy the dip" but for newbies in trading, its going to be hard for them to determine if its "the dip" or the price will continue to drop drastically. I remember wen I was new in trading, I kept of buying when the price started to go down thinking that the price will recover until I run out of funds for trading. Price did not recover for a month.
You're absolutely right because this was the same thing that happened to a lot of newbie during last year cryptocurrency market blood bath, corrections and FUD news majority of them were afraid of seize the opportunity of buying dip cause they believed it was the end for crypto market. 
I believe a dip is coming. Prepare your bids, it might take one small stroke of FUD and a round of selling by the whalecumulators to trigger all the leveraged margin orders to close. 
Dip has come already, you can't move this price down again as today there's a another run, we are seeing green again. If there will really be some dip coming, price would be consistent going down, but not happening now, the fact that we are back at $7900, this could mean another run to break some resistance level, and hopefully time in due time, we will be successful breaking it.
I always see this word being posted in twitter to "buy the dip" but for newbies in trading, its going to be hard for them to determine if its "the dip" or the price will continue to drop drastically. I remember wen I was new in trading, I kept of buying when the price started to go down thinking that the price will recover until I run out of funds for trading. Price did not recover for a month.
I believe a dip is coming. Prepare your bids, it might take one small stroke of FUD and a round of selling by the whalecumulators to trigger all the leveraged margin orders to close.
One strategy for buying the dip is to set buying orders at 95%, 90% and 85% below the past 24-hour maximum price (or the current price, if already matched). This way, when the price swings down you can catch up those dips.
This is a classic strategy by buying at a low price and to make a profit by selling when prices are higher, but also not easy to do because predicting price changes is difficult.
Best thing is to continue buying on dip as market will run way ahead than this prices of 8k levels. So better if you have money and can invest in crypto then keep buying some qty on every dip so that you have some good pool of btc over the period of time at best prices and make some reasonable gains from rise.
This is a classic strategy by buying at a low price and to make a profit by selling when prices are higher, but also not easy to do because predicting price changes is difficult.
Best thing is to continue buying on dip as market will run way ahead than this prices of 8k levels. So better if you have money and can invest in crypto then keep buying some qty on every dip so that you have some good pool of btc over the period of time at best prices and make some reasonable gains from rise.
This is a classic strategy by buying at a low price and to make a profit by selling when prices are higher, but also not easy to do because predicting price changes is difficult.
You don't have to follow the predicting prices, you can have your own entry and selling point.All you have to do is to follow your own plan and study after buying the dip. Study on how much you're about to sell and how much you will take a re-entry.
Don't just rely, make your own strategy, let those traders who rely on paid service because they are just focus on short term profit and they don't see themselves having their skills develop in the long run.
It's difficult to succeed in trading, especially in the early stage but eventually as you make it your passion, you will improve in time.
This is a classic strategy by buying at a low price and to make a profit by selling when prices are higher, but also not easy to do because predicting price changes is difficult.
You don't have to follow the predicting prices, you can have your own entry and selling point.All you have to do is to follow your own plan and study after buying the dip. Study on how much you're about to sell and how much you will take a re-entry.
This is a classic strategy by buying at a low price and to make a profit by selling when prices are higher, but also not easy to do because predicting price changes is difficult.
Bitcoin fluctuates in minutes, so it is not that easy to catch the actual dip. You have to be constantly online, so when the price drops sharply you can enter the market.
You also needs some good anticipations skills, planning your entry with your knowledge about any system or patterned that you use, if you can place your buy order then wait till it will be filled then you don't need to always be online, you have to be more calm and add a lots of patience as the market volatility is not easy being traced.
What happens is that this is something very unpredictable, but there is a way to start, that at this time the market is under a stage of accumulation, then every investment that is made right now in Bitcoin is a guarantee that the price will rise and you do not know how much you can get, but what will happen will happen.
You can not predict for when it will happen, but taking into account that the last time that Bitcoin had its bullish stage was in 2017, it fulfilled that it had already accumulated for 3 years, and it is possible to see it if we look for the millionaire wallets for that time, which can be seen that the percentage of accumulation that was given for bitcoin was 80% of the total accumulated bitcoins by what we call the Strong Hands, in those moments is when it is possible bullish trend action that ended in the first months of 2018 just when the bitcoin began to generate the range for the accumulation of the market, which we are still living.
You can not predict for when it will happen, but taking into account that the last time that Bitcoin had its bullish stage was in 2017, it fulfilled that it had already accumulated for 3 years, and it is possible to see it if we look for the millionaire wallets for that time, which can be seen that the percentage of accumulation that was given for bitcoin was 80% of the total accumulated bitcoins by what we call the Strong Hands, in those moments is when it is possible bullish trend action that ended in the first months of 2018 just when the bitcoin began to generate the range for the accumulation of the market, which we are still living.
Bitcoin fluctuates in minutes, so it is not that easy to catch the actual dip. You have to be constantly online, so when the price drops sharply you can enter the market.
You have a better chance if you are active online, but nowadays, there's already a system or bot that can help you.
Try to search online but you have to invest for the system, my friends told me to use it but right now I could not afford the price, I don't want to name the bot here since I don't want to be find endorsing.
Bitcoin fluctuates in minutes, so it is not that easy to catch the actual dip. You have to be constantly online, so when the price drops sharply you can enter the market.
The long dip is now gone, I don't think it will pull that amount into that low again at this time that some news coming out for bitcoin. Its still good to see some chance to buy even in minimal decline.
It is indeed a strategy in gaining profits by buying in times of decline and selling when prices rise, but it is not an easy choice because of price movements that are difficult to predict.
I was expecting it to drop back to 7200 area but also now I would guess further weakness of sorts until direction is decided. There is always some selling following a streak of rises from speculators who just dont want to wait beyond that brief time period.
So that amount of selling must be included in the cycle. My guess is while we are under the 8 day average, that its best to be on guard price wise. The weekend has its own meta so I dont expect much of a move till later on Sunday.
Very briefly I want it above this blue line for me to be positive on price near term. Longer term its been doing ok for a while now, very rapid just recently and its positive to pull back a bit.
So this average keeps rising a while yet, say 7500 and above and I go bullish rather then wait and see mode. I'm not negative as seen previously going sideways even while 'submerged' in this way was shown as strength but as we only just came down I can wait a while to take a better guess
Am I doing this right?
Iam not fully conversant in that particular meme species but I think you got it roughly
So that amount of selling must be included in the cycle. My guess is while we are under the 8 day average, that its best to be on guard price wise. The weekend has its own meta so I dont expect much of a move till later on Sunday.
Very briefly I want it above this blue line for me to be positive on price near term. Longer term its been doing ok for a while now, very rapid just recently and its positive to pull back a bit.
So this average keeps rising a while yet, say 7500 and above and I go bullish rather then wait and see mode. I'm not negative as seen previously going sideways even while 'submerged' in this way was shown as strength but as we only just came down I can wait a while to take a better guess
Am I doing this right?
Iam not fully conversant in that particular meme species but I think you got it roughly
Well good luck to all of us. Hope we all got the patience to wait and not sell. If I can sell this at at least $10k and then later it drops back to $4 that would be good enough. I know that BTC has dropped to around $3k before, just not sure if it'll ever get that low again.
Users who have made a selling at the price above $8000 can now make use of the opportunity to buy back getting a profit out of the difference. It is not that easy to understand the top price and make a selling, in particular this time most of the users who have sold were lucky. The price rally was keep going and in an unpredictable way the price have fallen low. Hoping for the recovery with patience is the only thing that can be done if there is no fiat to make a buying. Indeed. I wasn't expecting it to drop back to $7k, if I did I would have sold and just buy back later.
After first breaking past $8k a few days ago, BTC has finally settled around that range so I believe we're on an uptrend now. Seems the bulls have woken.
I've stopped selling and now just waiting for this to peak. After this crashes, what do you guys think the new floor price would be?
I've stopped selling and now just waiting for this to peak. After this crashes, what do you guys think the new floor price would be?
That's a good decision you make, never sell yet since the bull market has not yet matured, meaning there will be increases that we may witness.
Good luck on holding, I'm also doing the same and I'm hoping my shit coins will also recover.
Well good luck to all of us. Hope we all got the patience to wait and not sell. If I can sell this at at least $10k and then later it drops back to $4 that would be good enough. I know that BTC has dropped to around $3k before, just not sure if it'll ever get that low again.
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