Buy the DIP, and HODL! - page 545. | Bitcointalksearch.org

Wind_FURY

legendary

Activity: 2898

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Quote from: Oasisman on April 21, 2019, 05:14:16 PM

Quote from: reda on April 21, 2019, 09:41:22 AM

Quote from: Oasisman on April 21, 2019, 08:36:27 AM

Quote from: mirakal on April 21, 2019, 06:24:59 AM

Quote

remember those who invest 3-4 years ago, how they changes their lives.

It's not the same trend that we will be facing going forward, there's an increase but not as big as those times in the early stage.
We need to ensure we have a sell target, otherwise, we will miss the best opportunity to sell.

Unnoticeable mistake is when people tend to expect a bull run like what happened last December 2017. Hodling without selling target, waiting for another ATH, that would end up hodling for a couple of years or so. Missed opportunities for not selling during bull(ish) market, like the situation today will also be unnoticed by people who are very optimistic for another ATH.

You don't need to sell the coins even at the bullish market trend. Instead of that you may roll the coins you have to another altcoins which is worth to grow bigger in the marketplace in some months or surely you believe it.

If you missed the oppurtunies to make the money with ETHEREUM this is the perfect time I believe. Convert your bitcoins to Ethereum it will take your money triple at the time next peak value.

I think you mean rolling your coins to acquire another alt coin is just the same as selling your coin when you hit your target and then buy another coin that could potentially get you good returns.
And Im not talking about the peak value, Im talking about setting a specific target price range on selling your coins.

But what is your goal? To hedge against this dirty, rotten financial system, and HODL what will become the gold standard of all the store of value assets? OR trade and make fiat?

I believe trading is risking HODLING LESS when, HyperBitcoinization.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: adaseb on April 23, 2019, 03:25:21 AM

Quote from: exstasie on April 22, 2019, 05:22:02 PM

Quote from: Pursuer on April 22, 2019, 04:19:12 AM

the point as you also said it yourself is that it was an "accumulation phase" and NOT a "bear market" anymore.
technically a bear market is where price is going lower and lower for whatever reason.

The important distinction to make is that it can still go either way. There is no confirmation of a bull market yet. In other words, it's still a bear market until the market confirms otherwise.

That's one of the crucial things about the idea of an accumulation phase. Take 2018 for example. That could easily have been an accumulation phase off the $6,000 area. I myself believed it was (with a 60-70% probability anyway) but it turned out not to be. It was just a continuation of the bear market.

That's still a possibility here too, which is why I would continue calling it a bear market (and trade accordingly) until some of the earlier mentioned conditions are met.

We aren't in a bear market anymore, but we are not in a bull market either. Basically we are in a neutral phase.

You could have said that about the $6,000 consolidation last year too. It was sideways and support kept holding so most people assumed it was an accumulation phase. After the crash, it was clear we were in a bear market all along.

As you pointed out, we haven't confirmed a bull market yet by any metrics. We have a golden cross on the 1-day chart, but absent a long term bullish structure or retaking important S/R like the $6,000 area it doesn't mean anything.

So if this rally turns out like the April or July 2018 rallies and we end up bleeding back down below the December lows, it'll be clear this whole move was just a bull trap and we never left the bear market at all. That's still a decent possibility.

KennyR

hero member

Activity: 2310

Merit: 532

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: STT on April 23, 2019, 07:22:45 PM

Quote from: Distinctin on April 23, 2019, 07:54:00 AM

It would be nice if we wake up tomorrow morning and we will see bitcoin already trading at $6,000, it's possible right?

I think its quite probable but whatever the top price you might not see it on the screen yourself because it will hit that and then fall back to an average resembling the current price or lower possibly. So begins some disappointment and possibly the end to the sentiment of buy every dip.
That general cycle is just how it goes I figure and I'm looking out for that to happen. I dont know if its tomorrow or next year, or actually what time frame to consider where the trend is mostly based best

Earlier such kind of market has been found, if I'm not wrong when the market rallied towards the ATH every morning I used to see a price difference of $500-$1000 which is truly interesting to watch. Maybe such a growth can happen this year or by 2020 as the adoption of cryptocurrency around the globe has been taking place in a much large scale than the time of 2017.

STT

legendary

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☠ ☠ ☠ メメ

Quote from: Distinctin on April 23, 2019, 07:54:00 AM

It would be nice if we wake up tomorrow morning and we will see bitcoin already trading at $6,000, it's possible right?

I think its quite probable but whatever the top price you might not see it on the screen yourself because it will hit that and then fall back to an average resembling the current price or lower possibly. So begins some disappointment and possibly the end to the sentiment of buy every dip.
That general cycle is just how it goes I figure and I'm looking out for that to happen. I dont know if its tomorrow or next year, or actually what time frame to consider where the trend is mostly based best

jonaire99

member

Activity: 588

Merit: 11

I've been using this strategy since I started trading many months ago. Since it is difficult when to start buying during the dip, I often use technical analysis first to determine the right price to enter or buy. Fundamental analysis can also help because any positive development about the coin you want to will reflect on its price soon. So if you buy every dip, be sure to analyze it first using indicators and price action.

guoyu78

hero member

Activity: 1190

Merit: 541

Quote from: Sahyadri on April 22, 2019, 10:59:35 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

It's a good option to buy at dips and sell at high prices to gain profits but it's not easy to determine the actual price drop to certain extent. So i buy when i can afford to buy but at lower rates and then hodl it for long term to get huge returns.

Which is the best approach, if we really want to have peace in cryptocurrency, we need to first know something, cryptocurrency as come to stay and especially BTC, we need to start learning to change our mindset towards the investment.

When we invest in Bitcoin, we should see it just as if it is something we have there for our retirement age, so when we talk of retirement age, we are talking about 10 years and above. If it is an older person that is investing, they should see it as a legacy being left for our children, because BTC will surely pay off in future if we can only be patient with it.

Distinctin

hero member

Activity: 2772

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No dream is too big and no dreamer is too small

Quote from: djsugar on April 22, 2019, 11:12:00 AM

We are gearing up for another bull run. Look at the bitcoin proce movement in last 48 hrs. There was a heavy sell off which took the price below $5200. But bull didnt let the momentum go and we are back to $5300. This shows that market is strong enough to not let price fall below $5k. This is the best to accumulate as much as you can in every dip. We are soon going to take off.

It would be nice if we wake up tomorrow morning and we will see bitcoin already trading at $6,000, it's possible right?
The way the market is moving now, I have no doubt any time big pump is going to appear again, and FOMO is inevitable as not all investors have matured.

adaseb

legendary

Activity: 3808

Merit: 1723

Up to 300% + 200 FS deposit bonuses

Quote from: exstasie on April 22, 2019, 05:22:02 PM

Quote from: Pursuer on April 22, 2019, 04:19:12 AM

the point as you also said it yourself is that it was an "accumulation phase" and NOT a "bear market" anymore.
technically a bear market is where price is going lower and lower for whatever reason.

The important distinction to make is that it can still go either way. There is no confirmation of a bull market yet. In other words, it's still a bear market until the market confirms otherwise.

That's one of the crucial things about the idea of an accumulation phase. Take 2018 for example. That could easily have been an accumulation phase off the $6,000 area. I myself believed it was (with a 60-70% probability anyway) but it turned out not to be. It was just a continuation of the bear market.

That's still a possibility here too, which is why I would continue calling it a bear market (and trade accordingly) until some of the earlier mentioned conditions are met.

We aren't in a bear market anymore, but we are not in a bull market either. Basically we are in a neutral phase.

What will confirm the start of the bull market will be the engulfing of the $6000 yearly support which was broken in November. There are many buyers who have orders at $6000 because they want to break-even and it will be a tough hurdle to overcome. Also given the fact that its basic technical analysis that support becomes resistance and there will be tons of bears selling at the $6000 area.

So if the $6000 area engulfs and goes to $7000 and stays there for a couple of weeks, then we got confirmation of a bull market and can wait for $10K next.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: aysg76 on April 22, 2019, 12:35:21 PM

Quote from: Sahyadri on April 22, 2019, 10:59:35 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

It's a good option to buy at dips and sell at high prices to gain profits but it's not easy to determine the actual price drop to certain extent. So i buy when i can afford to buy but at lower rates and then hodl it for long term to get huge returns.

Yeah, buying at dips is mostly preferred as that is the time when you get your coins at the reasonable rates but this practice could only be successful if you can hold it for long. If you are a good holder, you'll surely succeed in the market as great returns demand great patience. So try to buy every if you can afford...

Only we have to buy those coins that we feel it will recover easily once the market recovers also, we don't need to risk our money into have nothing chances to give returns. Waiting it for many years before before we got profit is just a waste of time, we can't be profitable anyway. We are just putting our money into nothing, better to invest those who we can get returns everyday even though it is in small amount.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: Pursuer on April 22, 2019, 04:19:12 AM

the point as you also said it yourself is that it was an "accumulation phase" and NOT a "bear market" anymore.
technically a bear market is where price is going lower and lower for whatever reason.

The important distinction to make is that it can still go either way. There is no confirmation of a bull market yet. In other words, it's still a bear market until the market confirms otherwise.

That's one of the crucial things about the idea of an accumulation phase. Take 2018 for example. That could easily have been an accumulation phase off the $6,000 area. I myself believed it was (with a 60-70% probability anyway) but it turned out not to be. It was just a continuation of the bear market.

That's still a possibility here too, which is why I would continue calling it a bear market (and trade accordingly) until some of the earlier mentioned conditions are met.

aysg76

legendary

Activity: 1960

Merit: 2124

Quote from: Sahyadri on April 22, 2019, 10:59:35 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

It's a good option to buy at dips and sell at high prices to gain profits but it's not easy to determine the actual price drop to certain extent. So i buy when i can afford to buy but at lower rates and then hodl it for long term to get huge returns.

Yeah, buying at dips is mostly preferred as that is the time when you get your coins at the reasonable rates but this practice could only be successful if you can hold it for long. If you are a good holder, you'll surely succeed in the market as great returns demand great patience. So try to buy every if you can afford...

Bardman

hero member

Activity: 952

Merit: 516

Quote from: djsugar on April 22, 2019, 11:12:00 AM

We are gearing up for another bull run. Look at the bitcoin proce movement in last 48 hrs. There was a heavy sell off which took the price below $5200. But bull didnt let the momentum go and we are back to $5300. This shows that market is strong enough to not let price fall below $5k. This is the best to accumulate as much as you can in every dip. We are soon going to take off.

Yes but there are no dips now mate, bitcoin is only moving 50-100$ downwards, not something I call dips, the big dips already happened and if you bought them you would be in a massive debt right now. I do agree that this is the best time to accumulate but I doubt we are going to see many more dips if any at all from now on, perhaps a few more 200-300$ short moves to the downside to cool off RSI levels and other TA indicators but that's about it.

djsugar

sr. member

Activity: 686

Merit: 262

We are gearing up for another bull run. Look at the bitcoin proce movement in last 48 hrs. There was a heavy sell off which took the price below $5200. But bull didnt let the momentum go and we are back to $5300. This shows that market is strong enough to not let price fall below $5k. This is the best to accumulate as much as you can in every dip. We are soon going to take off.

Sahyadri

sr. member

Activity: 744

Merit: 266

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

It's a good option to buy at dips and sell at high prices to gain profits but it's not easy to determine the actual price drop to certain extent. So i buy when i can afford to buy but at lower rates and then hodl it for long term to get huge returns.

Wexlike

legendary

Activity: 1473

Merit: 1086

Quote from: slaman29 on April 22, 2019, 05:07:41 AM

Hope you guys managed to buy yesterday's dip! I was too late, only saw how the prices fell a few hours ago, but quite happy to put in an invoice for some small earnings today, at today's prices. Just notice how after the drop, once more Sunday proves to be a recovery mode making this now several good weeks in a row right? I personally want this to go on this whole year!

The worldwide trend for interest in Bitcoin is still on the downtrend and has been ever since late 2017.

Are you expecting a single whale or group of whales to just keep pushing the price up in hopes of that sparking a new bull run and thus real organic search interest in Bitcoin?

Even if that were the case, cartels very very rarely work out for all involved over the long term.

I think we still have a ways to drop and stagnate before real organic interest and buying starts to creep in.

We're still painting a massive bearish divergence on the daily with decreasing volume. Don't let the fundamentals escape you.

slaman29

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Activity: 2674

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Livecasino, 20% cashback, no fuss payouts.

Hope you guys managed to buy yesterday's dip! I was too late, only saw how the prices fell a few hours ago, but quite happy to put in an invoice for some small earnings today, at today's prices. Just notice how after the drop, once more Sunday proves to be a recovery mode making this now several good weeks in a row right? I personally want this to go on this whole year!

add1ct3dd

sr. member

Activity: 658

Merit: 270

Quote from: ?? on ??

Yes, every time we should buy in the dip but not hodl for a forever time, we need to sell at high! I did not see a single thread about selling bitcoin, every time we suggested people buy and hold and not to sell. But by reading that tweet's comments, I realized we have to be smart in making a decision instead of buying bitcoin all the time! But yes, right now is one of the best time to buy Bitcoin!

Yes just buy in dip and be more smart holding it not that so long because you will just gain nothing but just a small amount of it

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: exstasie on April 21, 2019, 02:18:33 PM

Quote from: Pursuer on April 21, 2019, 02:51:50 AM

Quote from: malevolent on April 17, 2019, 12:18:43 PM

just as a reminder, the previous one lasted for two and a half years.

I think you may need to take a look at the charts. price drop began at the end of 2013 (December=$1100) and bottom (lowest price) was reached by the start of 2015 (January=$150) which means the actual bear market lasted a year.

That's not how I would measure things. Since we are only distinguishing between bull and bear markets, it's not really fair to call an accumulation range a bull market. They are specifically not uptrends and are often characterized by lower lows such as the August 2015 crash.

In classical trading terms, Dow theory, etc. we didn't form the first signs of a bull market until October 2015. That's when we officially exited the long term bottom range, saw a weekly golden cross, and actually began forming unbroken higher highs/higher lows succession. We established previous long term resistance (the July 2015 top) as support.

In comparison, we have seen none of those things yet here. Structurally, it's still really premature to declare the bear market over. This could technically still be a correction to the bear market so we need to be patient and let time do its thing. I'm confident we will form a bullish structure and break out into a bull market. But it's not visible on the charts yet.

OK, I can agree that we can not call the accumulation phase a "bull market" although I don't agree on the dates you mention for the start of it but since it was not the point I was trying to make, lets just pass that.
the point as you also said it yourself is that it was an "accumulation phase" and NOT a "bear market" anymore.
technically a bear market is where price is going lower and lower for whatever reason. so when the drop stops we can no longer call it a "bear market". I would even go as far as saying the bear market ended when price reached the $2xx range since the drop to $150 was due to some FUD (the scaling fight!) and was unnatural market manipulation.

I think most people call it bear market because they think there is only 2 choices! but in reality there are more. or maybe because they think if price doesn't double every month then we are in a bear market!

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: reda on April 21, 2019, 09:41:22 AM

Quote from: Oasisman on April 21, 2019, 08:36:27 AM

Quote from: mirakal on April 21, 2019, 06:24:59 AM

Quote

remember those who invest 3-4 years ago, how they changes their lives.

It's not the same trend that we will be facing going forward, there's an increase but not as big as those times in the early stage.
We need to ensure we have a sell target, otherwise, we will miss the best opportunity to sell.

Unnoticeable mistake is when people tend to expect a bull run like what happened last December 2017. Hodling without selling target, waiting for another ATH, that would end up hodling for a couple of years or so. Missed opportunities for not selling during bull(ish) market, like the situation today will also be unnoticed by people who are very optimistic for another ATH.

You don't need to sell the coins even at the bullish market trend. Instead of that you may roll the coins you have to another altcoins which is worth to grow bigger in the marketplace in some months or surely you believe it.

If you missed the oppurtunies to make the money with ETHEREUM this is the perfect time I believe. Convert your bitcoins to Ethereum it will take your money triple at the time next peak value.

I think you mean rolling your coins to acquire another alt coin is just the same as selling your coin when you hit your target and then buy another coin that could potentially get you good returns.
And Im not talking about the peak value, Im talking about setting a specific target price range on selling your coins.

Wysi

sr. member

Activity: 1638

Merit: 261

Quote from: BitcoinPanther on April 21, 2019, 03:06:56 PM

Quote from: Reid on April 21, 2019, 02:24:59 PM

I dont stop with that.

Dips are like gold to me.
Even just .01 of bitcoin every dip is a large one for me. Now, I can see the profits but still I dont sell.
I want more.
Wait, I am not an addicted buyer like that girl next door which loves to shop. Grin

Just dont want to be left behind somewhere in the future.

So you are saying you are still waiting for that $1M BTC before selling? You can have make your stash bigger if you do some day trading sometimes

But well kudos for your patience, it is hard to find one when the market is so tempting and the profit is just around. Other tends to short and buy on the dip but I guess, it will be hard in the current market sentiment.

I would rather prefer day trading instead of stashing the bitcoin by purchasing it on every single dip as day trading gives a decent amount of profit when it's don't in the right way which obviously comes with experience and some petty loses which one might incur initially. Hodling will not work for current situation as it's a rough ride which crypto market is going through.

Topic: Buy the DIP, and HODL! - page 545. (Read 108199 times)