Buy the DIP, and HODL! - page 546. | Bitcointalksearch.org

Wexlike

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Quote from: finzyoj on April 21, 2019, 11:47:32 AM

Sounds a a little bit greedy for me but that's okay because it conforms with the "Buy low, Sell high" principle so you are still on the right path. But of course, don't forget to ask your first, ask if you can afford to invest more and most importantly is that if you take a risk even further. If you are not sure then don't proceed despite of the advice of all the members here, it's your money so you should be the ruler of it. (Hmm, seems your decision is final already so good luck)

More power to everyone and keep Hodling.

Like I said before, now that the market is finally bullish, maybe we will not get this big correction everybody is waiting for, because now people want to buy bitcoin on every small dip.
My long term strategy:
Up: enjoy the rally
Sideways: buy a little bit
Down: Don´t get emotional and buy a big chunk!
I am happy with all 3 options!

BitcoinPanther

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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.

carlfebz2

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

Quote from: DeathAngel on April 17, 2019, 12:05:56 PM

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

A lot of people were saying the same thing when the price was in the $10-20k range, and look where the price is now. There's no telling how long this bear market (we're still in one) is going to last; just as a reminder, the previous one lasted for two and a half years.

Maybe this bear market would last until reaching out the halving event.Im not already expecting for that BAKKT ETF events to turn out the market completely and this halving is the only
thing on my mind which would be the best catalyst on ending up this very bearish market.

Regrets do always comes at last but due to price volatility it cant really be avoided not to affect your confidence on throwing out your money to invest.

Reid

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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.

exstasie

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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.

kentrolla

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Quote from: Che454010 on April 21, 2019, 12:09:25 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

Everybody is saying that buy the dip, but we don't know when the dip happens, so we always have to have funds available in our hand and we have to spend a lot of time in front of computer watching the price movements of various coins so that when it happens we can immediately buy that coin and hold.

Exactly we cannot know that which dip is going to be the lucky draw for us. So we have to be focused on and watch the price update regularly to buy the dip and get succeed.

Bardman

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Quote from: Wexlike on April 21, 2019, 05:44:39 AM

Quote from: shoreno on April 20, 2019, 07:54:29 PM

Quote from: Bardman on April 20, 2019, 06:23:03 PM

You can't buy dips like a retard and expect to make profit, first of all you don't have unlimited money, there have been like 10 important dips this past year and a half, you need to have some plan, simply buying every dip wont work unless you have a ton of money and even then, there is no guarantee that bitcoin will ever go back to 20k, the whole market could recover and bitcoin could become obsolete for some reason or perhaps literally die and boom, bye bye investments.

your not a retard when you buy at dips as long you know what you are doing . we dont have unlimited money on here but we can make some cash using the forum and other sites out there . we can use that money to but at the dip . the price can also go back again at 20k or more because of the increasing adoption . this why people buy and invest , they dont worry that bitcoin may dissapear or pop because its not a bubble .

Always keep a nice healthy stash of money for an emergency dip.

And sell some after an unexpected rise. Rinse and repeat and earn a few satoshis more, than just hodling.

But it will work only as long as we don't enter the fomo bull run zone again.

No it wont work. If you look at it now it might seem like a good idea but in the moment it's not unless you are using some technical analysis and you take in count other factors. For instance if you look at the dip when bitcoin hit 20k it lasted 6 days, if you were looking at it in the moment you would have probably thought the first day was the end of the dip and you would have bought there, the second day of the dip was even lower so you probably thought, yep, this gotta be the bottom now and you probably bought there too, my point is if you bought every day during those 6 days, you would have ruined yourself considering it never went higher than 17k after all the dips.

Che454010

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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

Everybody is saying that buy the dip, but we don't know when the dip happens, so we always have to have funds available in our hand and we have to spend a lot of time in front of computer watching the price movements of various coins so that when it happens we can immediately buy that coin and hold.

ChrisPop

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Just learn support & resistances and at least make your decisions based on that. If you are long term investor and don't really care about short term price movements I guess you can just buy the dip, but that is not the right way to be investing. Look at the weekly chart if the daily is too noisy for you. lol

finzyoj

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Sounds a a little bit greedy for me but that's okay because it conforms with the "Buy low, Sell high" principle so you are still on the right path. But of course, don't forget to ask your first, ask if you can afford to invest more and most importantly is that if you take a risk even further. If you are not sure then don't proceed despite of the advice of all the members here, it's your money so you should be the ruler of it. (Hmm, seems your decision is final already so good luck)

More power to everyone and keep Hodling.

richjohn

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We have been dipping since $19k. Buying every dip is not really a good suggestion. But right now we are at good support zone. We might dip a bit from here. But that wouldn't be that bad. You can definitely average out by buying after dip. But going in right now is the safest bet. Right now everyone is giving their own prediction. But in reality no one really knows market will go in what direction.

aioc

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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

But people prefer the worst option and that is believing Bitcoin is a bubble that's waiting to burst anytime, and because of this they are losing and whining every time Bitcoin make a recovery, even though it was and always proven that Bitcoin is the real thing and will never burst like a bubble.

reda

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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.

Oasisman

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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.

freedomgo

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Quote from: serjent05 on April 21, 2019, 05:54:04 AM

Quote from: Mpamaegbu on April 20, 2019, 11:55:53 PM

OP, this is a bad advice to be taken hook, line and sinker. First, whoever wants to buy a dip should find out why the coin is dipping. This is very imperative. Sometimes we buy a dump mistaking it for a dip. You can't know the difference while it's happening. You might think you're lucky a correction is happening before you and want to take advantage of it but not knowing that people are cashing out. It happened to me in 2017 with Regalcoin. I bought at $65 thinking it was a dip, not knowing the coin was dumping. And that was the end of Regalcoin till date.

We are talking about Bitcoin here and not just any shitcoins out there. As of now, Bitcoin had established itself and the coins that have the most support. Bitcoin is for long. Other keep on shorting it to at least take profit during the highs and lows. So until the state of Bitcoin worsen, I believe buying during dips is a good suggestion since Bitcoin had been getting better in its use case, adoption and development ever since.

I agree with that, the adoption is good so price will eventually grow.
Patience is very important, bitcoin will not just rise straight up since it's not a ponzi coin, it will have a time where it dump, but it will rise afterward.
That's what I am seeing on how bitcoin is moving, the more it is dump the more it is getting stronger.

mirakal

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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.

matchi2011

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Quote from: serjent05 on April 21, 2019, 05:54:04 AM

Quote from: Mpamaegbu on April 20, 2019, 11:55:53 PM

OP, this is a bad advice to be taken hook, line and sinker. First, whoever wants to buy a dip should find out why the coin is dipping. This is very imperative. Sometimes we buy a dump mistaking it for a dip. You can't know the difference while it's happening. You might think you're lucky a correction is happening before you and want to take advantage of it but not knowing that people are cashing out. It happened to me in 2017 with Regalcoin. I bought at $65 thinking it was a dip, not knowing the coin was dumping. And that was the end of Regalcoin till date.

We are talking about Bitcoin here and not just any shitcoins out there. As of now, Bitcoin had established itself and the coins that have the most support. Bitcoin is for long. Other keep on shorting it to at least take profit during the highs and lows. So until the state of Bitcoin worsen, I believe buying during dips is a good suggestion since Bitcoin had been getting better in its use case, adoption and development ever since.

There's no harmed in doing this method, buying in each dip that occurs and try to keep those coins inside your wallet is really good for investors who
understand the flow, fluctuations also bring chances to earn in a short period of time, but those who can calmly wait till the market increases in a much higher peak will be the gainers of this run, remember those who invest 3-4 years ago, how they changes their lives.

serjent05

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Quote from: Mpamaegbu on April 20, 2019, 11:55:53 PM

OP, this is a bad advice to be taken hook, line and sinker. First, whoever wants to buy a dip should find out why the coin is dipping. This is very imperative. Sometimes we buy a dump mistaking it for a dip. You can't know the difference while it's happening. You might think you're lucky a correction is happening before you and want to take advantage of it but not knowing that people are cashing out. It happened to me in 2017 with Regalcoin. I bought at $65 thinking it was a dip, not knowing the coin was dumping. And that was the end of Regalcoin till date.

We are talking about Bitcoin here and not just any shitcoins out there. As of now, Bitcoin had established itself and the coins that have the most support. Bitcoin is for long. Other keep on shorting it to at least take profit during the highs and lows. So until the state of Bitcoin worsen, I believe buying during dips is a good suggestion since Bitcoin had been getting better in its use case, adoption and development ever since.

Wexlike

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Quote from: shoreno on April 20, 2019, 07:54:29 PM

Quote from: Bardman on April 20, 2019, 06:23:03 PM

You can't buy dips like a retard and expect to make profit, first of all you don't have unlimited money, there have been like 10 important dips this past year and a half, you need to have some plan, simply buying every dip wont work unless you have a ton of money and even then, there is no guarantee that bitcoin will ever go back to 20k, the whole market could recover and bitcoin could become obsolete for some reason or perhaps literally die and boom, bye bye investments.

your not a retard when you buy at dips as long you know what you are doing . we dont have unlimited money on here but we can make some cash using the forum and other sites out there . we can use that money to but at the dip . the price can also go back again at 20k or more because of the increasing adoption . this why people buy and invest , they dont worry that bitcoin may dissapear or pop because its not a bubble .

Always keep a nice healthy stash of money for an emergency dip.

And sell some after an unexpected rise. Rinse and repeat and earn a few satoshis more, than just hodling.

But it will work only as long as we don't enter the fomo bull run zone again.

noormcs5

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Quote from: Golftech on April 19, 2019, 04:46:18 PM

Quote from: samlaode on April 19, 2019, 12:56:27 AM

Quote from: samcrypto on April 18, 2019, 10:22:03 PM

Don’t buy on every dip, because you can’t know if the price will dump again. Buy when you’re done with your analysis and already have your target profit. I buy right now because I want to have at least a short term profit, itd better if you increase your holdings when the price dumps dipper. We want to have a coin at a cheaper price but if we wait too much, we might miss the chance of buying now.

A positive and effective way of thinking even though not many people choose it. The waiting psychology has made many people miss good opportunities to earn profits, so they will wait and wait.

Problem that mostly encounter by traders and investors who failed to make a good assessment of the current market conditions, for people who understand the benefits of shorting the market, profiting from buying low and selling high will still be effective, while for long term holders preferring
to accumulate more and more and add little patience in waiting for the good bounce will bring much sweeter earnings.

The real problem in buying every dip is that most people do not have more capital to invest and therefore they cannot invest more if the coins dumps more.

Quote from: Rune on April 19, 2019, 06:53:01 PM

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

Quote from: DeathAngel on April 17, 2019, 12:05:56 PM

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

A lot of people were saying the same thing when the price was in the $10-20k range, and look where the price is now. There's no telling how long this bear market (we're still in one) is going to last; just as a reminder, the previous one lasted for two and a half years.

People who bought at 20k just need to hold there bags for a couple years and they will also be in the profits just need patience.
If you Buy cheaper you dont need to wait so long to be in the profit and you get more

Whoever bought at 20K will not be able to hold it for such a long period and may have to less at loss of course. Those who enter in the bitcoin market this year are lucky ones as bitcoin is at the lowest and will boom from here.

Topic: Buy the DIP, and HODL! - page 546. (Read 108199 times)