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Topic: Buy the DIP, and HODL! - page 594. (Read 122370 times)

legendary
Activity: 1806
Merit: 1521
July 28, 2019, 01:44:29 PM
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.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
July 28, 2019, 09:34:14 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.


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.
legendary
Activity: 2898
Merit: 1823
July 28, 2019, 03:07:17 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
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
July 27, 2019, 06:11:04 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?
legendary
Activity: 1806
Merit: 1521
July 27, 2019, 05:56:00 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.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
July 27, 2019, 04:59:08 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.

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.
legendary
Activity: 1806
Merit: 1521
July 27, 2019, 03:04:46 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

Seeing as we're trading at $10,060 at this moment, maybe you should wait a little longer to celebrate. Tongue

The weekly chart still has lots of room to meander sideways or fall more and still remain bullish as hell. I suspect buyers haven't had their last shot at 4-digits, but I could be wrong.
legendary
Activity: 2898
Merit: 1823
July 27, 2019, 02:40:24 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
legendary
Activity: 2898
Merit: 1823
July 11, 2019, 01:14:07 AM
Focus, everyone, focus! Always remember, 6 digits!



Buy the dip, and HODL. A simple reminder from a doubter turned fringe-dweller. Cool
legendary
Activity: 2898
Merit: 1823
June 21, 2019, 04:25:55 AM
Is there another dip? Very well, let's support Bitcoin. Place your bids now, the next 3 months might be the last opportunity to buy Bitcoins under $10,000.

May everyone have a good Christmas this year. Merry Christmas! Cool
This December bitcoin might be trading above $50,000 if the current momentum is sustained from now till October. I do findout that bitcoin normally experience bearish conditions within June and September every year and I am not ruling out that but if it can remain above $10,000 throughout the next three months then we should expect serious bullish's breakout that will create an all time high.
The strategy of buying the dip is a very nice strategy just that you should buy at the strong support level especially if you don't know how to set the " stop loss limits" and not always with your computer.

There is no such thing as buying every dip. You can average buy, that's a strategy, buying 'dips' makes no sense. First of all, how are you judging what a dip is and what isn't? Is a 5% drop a dip or is it 10%? Are you buying it every day/week/month? People just like the saying of 'buy the dip' but they don't really know what they are saying.

Honestly I don't know, I just put my bids low every month, and hope it dips and hits it. Sometimes it does, sometimes it doesn't. For example, I have bids on $8,700 - $9,000 right now. Cool

But you're right. For accurate "buying the dip", we need our "buy the dip indicator", Kwukduck! Where is he?
hero member
Activity: 952
Merit: 516
June 19, 2019, 02:33:12 PM
Is there another dip? Very well, let's support Bitcoin. Place your bids now, the next 3 months might be the last opportunity to buy Bitcoins under $10,000.

May everyone have a good Christmas this year. Merry Christmas! Cool
This December bitcoin might be trading above $50,000 if the current momentum is sustained from now till October. I do findout that bitcoin normally experience bearish conditions within June and September every year and I am not ruling out that but if it can remain above $10,000 throughout the next three months then we should expect serious bullish's breakout that will create an all time high.
The strategy of buying the dip is a very nice strategy just that you should buy at the strong support level especially if you don't know how to set the " stop loss limits" and not always with your computer.

There is no such thing as buying every dip. You can average buy, that's a strategy, buying 'dips' makes no sense. First of all, how are you judging what a dip is and what isn't? Is a 5% drop a dip or is it 10%? Are you buying it every day/week/month? People just like the saying of 'buy the dip' but they don't really know what they are saying.
sr. member
Activity: 882
Merit: 282
June 19, 2019, 12:07:56 PM
Is there another dip? Very well, let's support Bitcoin. Place your bids now, the next 3 months might be the last opportunity to buy Bitcoins under $10,000.

May everyone have a good Christmas this year. Merry Christmas! Cool
This December bitcoin might be trading above $50,000 if the current momentum is sustained from now till October. I do findout that bitcoin normally experience bearish conditions within June and September every year and I am not ruling out that but if it can remain above $10,000 throughout the next three months then we should expect serious bullish's breakout that will create an all time high.
The strategy of buying the dip is a very nice strategy just that you should buy at the strong support level especially if you don't know how to set the " stop loss limits" and not always with your computer.
hero member
Activity: 2814
Merit: 576
June 18, 2019, 08:30:45 AM
I have no idea what price could be considered a dip at this point. $ 8500 is definitely not. But some might consider as it has passed the 9k. I'm a little apprehensive, if the price went back to 7k, I would buy it.
I think it also. If they look into that DIP, will probably they wait months or been on the look of the market everyday cause at this time, I don't think that Bitcoin price will dump hard back into $5k and below. We are moving into the high and the market looks healthy now.

If we are thinking to invest in every dip, will probably not be working now. Instead, will have to take advantage when price slow down.
legendary
Activity: 2898
Merit: 1823
June 18, 2019, 06:35:03 AM
I believe there are some people who still needs some convincing.



Dump altcoins, especially the forked coin scams, and HODL Bitcoin. Have a Merry Christmas!
hero member
Activity: 672
Merit: 526
June 03, 2019, 04:19:32 PM
I have no idea what price could be considered a dip at this point. $ 8500 is definitely not. But some might consider as it has passed the 9k. I'm a little apprehensive, if the price went back to 7k, I would buy it.
sr. member
Activity: 1512
Merit: 316
June 03, 2019, 10:27:11 AM
Is there another dip? Very well, let's support Bitcoin. Place your bids now, the next 3 months might be the last opportunity to buy Bitcoins under $10,000.

May everyone have a good Christmas this year. Merry Christmas! Cool

It is very good to keep buying on every dip as this would help you to make the good investment at every time a market has fallen and get at best prices available that you can average out the price and as a result make good money in bull market .
member
Activity: 328
Merit: 10
May 31, 2019, 04:44:38 PM
Indeed, it is very true that you buy a coin when the price starts to decline so that you get enough coins and after that we save the coin so that the coin starts to go up again, so that we get a huge profit
member
Activity: 490
Merit: 10
May 31, 2019, 03:08:18 PM
To buy every dip without any strategy or reason behind is just like tossing a coin and choosing your investment from the outcome. As a trader your buying and selling decision must be base on a concrete trading strategy.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
May 31, 2019, 01:53:33 AM
Is there another dip? Very well, let's support Bitcoin. Place your bids now, the next 3 months might be the last opportunity to buy Bitcoins under $10,000.

May everyone have a good Christmas this year. Merry Christmas! Cool
I'm really hoping we will have a good Christmas this year, last year, we never given a chance to enjoy but this year starts with a great price increase and hopefully it will last until the end of the year, and will continue next year.
legendary
Activity: 2898
Merit: 1823
May 31, 2019, 01:19:19 AM
Is there another dip? Very well, let's support Bitcoin. Place your bids now, the next 3 months might be the last opportunity to buy Bitcoins under $10,000.

May everyone have a good Christmas this year. Merry Christmas! Cool
Planning to add more BTC, just waiting for some little correction this week and we'll good to go, never miss this chance to earn again in BTC pump. It's gonna be a good year ahead.


The whalecumulators must have heard you and gave you another opportunity to buy before they let it climb to $9,000, and never letting it back down again. How nice of them.

Relish the opportunity. Cool
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