The only risk I can see and say was a mistake is when someone buys a coin at peak, and even with that, the money in never lost. Any investment in bitcoin is very safe. In as much as we have whales manipulating the market, we still have presence of strong investors too that knows how to drive the market forwarded, and no matter the time you buy bitcoin, it will still always be worth it future.
I am sure many people that see bitcoin as risky investment are those that invested in 2017 at peak price, but if you look at the rate at which the bitcoin technology is growing, they will see that their decision was still never a mistake or risky, they only got delayed a bit out of their timing mistake. The only risk that I see is when you trade on margin and that is the personal risk of such trader and not bitcoin generally.
Topic: Buy the DIP, and HODL! - page 593. (Read 122370 times)
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
This has been the first word I remember my mentor told me,to Buy the Dip and HODL until to reached the certain amount you wanted to hit from your investments No one is losing by holding legitimate currencies like bitcoin and other top cryptocurrency
But no matter what prices brings us,just be thankful and never get rush on profiting
No, this is the beautiful part, there is no "profiting". You "profiting" by constantly converting your spare fiat to Bitcoin without converting them back!
Thats presuming the dips will always be in a sequence where each low is higher then the last. We then have to consider on what time frame is that low. The easiest observation for should you buy into the 'lows' is to watch the direction of the 50 day and 200 day moving averages.
Right now both of these measures are positive which would seem to indicate, whatever your particular reasoning if you do come to the conclusion of buying you wont be wrong overall. However I've made a point of noticing price is now going sideways, eventually this will kick into the 50 day average and lead to more negative sentiment as the lows could begin to be lower then the last each time.
Its hard to watch and know the point the tide turns, I think thats the smartest strategy since its never the same each time we have to just continually measure the shore line and whether the waves move up or down on each iteration.
So right now my rough observation is to note July 15th was the last time we reached this regular channel of the rising price. We've been far less positive after leaving the channel upwards, the price on leaving was $10,700 roughly and almost 3 weeks later we are very similarly in the same place.
Price does feel positive this weekend but I'm watching this bigger frame of reference to see if BTC needs to pull back further on the medium term; all this must go into qualifying OP strategy of buy every dip. I will follow this advice when I see higher lows in a better pattern hopefully.
Right now both of these measures are positive which would seem to indicate, whatever your particular reasoning if you do come to the conclusion of buying you wont be wrong overall. However I've made a point of noticing price is now going sideways, eventually this will kick into the 50 day average and lead to more negative sentiment as the lows could begin to be lower then the last each time.
Its hard to watch and know the point the tide turns, I think thats the smartest strategy since its never the same each time we have to just continually measure the shore line and whether the waves move up or down on each iteration.
So right now my rough observation is to note July 15th was the last time we reached this regular channel of the rising price. We've been far less positive after leaving the channel upwards, the price on leaving was $10,700 roughly and almost 3 weeks later we are very similarly in the same place.
Price does feel positive this weekend but I'm watching this bigger frame of reference to see if BTC needs to pull back further on the medium term; all this must go into qualifying OP strategy of buy every dip. I will follow this advice when I see higher lows in a better pattern hopefully.
How do those "less-than-$10,000-Bitcoin-bought-at-the-dip" look to you now?
I believe the next crash the community would start worrying about is the crash to the "$20,000 lows", after 2020.
Buy the?
I believe the next crash the community would start worrying about is the crash to the "$20,000 lows", after 2020.
Buy the?
Every new low is a new dip.
And as the time goes by, the price will keep increasing and highs will become lows, if you see my point. In some years maybe 20k will be a very affordable low for the community.
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
This has been the first word I remember my mentor told me,to Buy the Dip and HODL until to reached the certain amount you wanted to hit from your investments No one is losing by holding legitimate currencies like bitcoin and other top cryptocurrency
But no matter what prices brings us,just be thankful and never get rush on profiting
How do those "less-than-$10,000-Bitcoin-bought-at-the-dip" look to you now?
I believe the next crash the community would start worrying about is the crash to the "$20,000 lows", after 2020.
Buy the?
I believe the next crash the community would start worrying about is the crash to the "$20,000 lows", after 2020.
Buy the?
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.
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.
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.
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.
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
)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.
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
) 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.
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.
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
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.
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.
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. 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.
I'd give an example, this year, the dip was $3500 more or less and price of BTC goes as high as $14K IIRC, and if you sell that time, that would make you so profitable, and even if you failed to sell and decide to sell now, that's still a profit.
Want to say, whatever you had written before 3months ago, that's actually came true. As a result, bitcoin price is already hit 9.5k$ 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
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.
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.
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.
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. 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.
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.
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.
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.
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