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Topic: Buy the DIP, and HODL! - page 596. (Read 124790 times)

hero member
Activity: 1624
Merit: 500
December 18, 2019, 10:36:51 AM
I prefer to buy when prices are in a positive trend, it will reduce the risk of loss. when prices are falling it is very difficult to determine the lowest point, this is the reason why I prefer buying when market conditions are rising. according to research I have done this method is more effective to reduce the risk of loss.
might be very good when waiting for a positive trend, but we never know when the trend will appear. The most potential opportunity to see high bitcoin pump prices is 2020. Buying every dip is also a good thing even more so now. chances are prices are still dropping lower, but if you see this as a very low price, having it at this point will also make you profit when bitcoin prices rise above $ 10k. if you believe in bitcoin, you don't need to wait for a positive trend for it, especially if you are a person who thinks that bitcoin will have a high price in the future. use this opportunity as well as possible.
legendary
Activity: 2898
Merit: 1823
December 18, 2019, 05:36:20 AM
I prefer to buy when prices are in a positive trend, it will reduce the risk of loss. when prices are falling it is very difficult to determine the lowest point, this is the reason why I prefer buying when market conditions are rising. according to research I have done this method is more effective to reduce the risk of loss.


That depends on what your comfort-level is. Me, I truly believe in Bitcoin, the incentive structure, the Core developers, the design-decisions taken. All price "crashes" will only be mere mini-dips when Bitcoin is priced with six digits.
member
Activity: 450
Merit: 59
December 18, 2019, 04:25:34 AM
I prefer to buy when prices are in a positive trend, it will reduce the risk of loss. when prices are falling it is very difficult to determine the lowest point, this is the reason why I prefer buying when market conditions are rising. according to research I have done this method is more effective to reduce the risk of loss.
Then you need to settle for 10% or 20% profit, otherwise that's a risky strategy.
I mean buy high, sell low, not recommended  Smiley I would rather buy near supports, that's what I just did at 6.8k, as I expect the support to hold (6.4k). Of course if the support doesn't hold you have to immediately settle for a loss.
This strategy works better, it is low risk, the winnings are potentially high, sometimes 50% and the loss should be 10% (at most) each time if you have strict discipline.
full member
Activity: 1442
Merit: 108
December 16, 2019, 10:58:33 AM
I prefer to buy when prices are in a positive trend, it will reduce the risk of loss. when prices are falling it is very difficult to determine the lowest point, this is the reason why I prefer buying when market conditions are rising. according to research I have done this method is more effective to reduce the risk of loss.
legendary
Activity: 1473
Merit: 1086
December 15, 2019, 01:48:05 PM

 buying the dip is an old but gold strategy used by traders and hodlers to take advantage of the price  .  it does make sense to buy at the dip or when the price falls down than compare to buying when the price is high   .

Strongly agree. Always dollar cost average, and the best way to do that is in a dip periode especially when planning for the longer term.
sr. member
Activity: 1372
Merit: 264
December 15, 2019, 10:17:01 AM
It is very difficult to predict each and every dip.
And apart from that, the dip strategy is considered as a long term strategy. The crypto market is not very stable to endure buying and buying again dips. With that being said, it might rekt you and you will need years to recover your losses.

I strongly disagree with you. Buying the dip is a dollar cost average method, but instead of buying every week,  you just buy every 10-25% drop.

This is correct. Buying in every dip is not very advisable and it could take you a lot of losses in which you could buy a lot but its already going down. And I highly recommend the percentage of buying in which you can buy more if it will go down more.

And that's why they were saying "You don't put all eggs in one basket" and "Invest what you can afford to lose". This is very good for a long term investment if you are waiting for the right time to sell it in future.
sr. member
Activity: 700
Merit: 254
December 15, 2019, 09:35:49 AM
in my opinion Ethereum, Waves, ATOM will be interesting in 2020, especially with the existence of ethereum 2.0 which will be launched next year, indicating that the altseason is near, hopefully, this coin in dip area! maybe you buy and hold for 2020

Those altcoins are good to hold especially ethereum because this coins have a good signal that anytime the price will goes up. So hopefully on 2020 those coins are getting to be okay. But now we can buy because of the dip price we can hold and buy more for we are to get a good profits in the near future. So as for now buy in dip price and hold.
hero member
Activity: 1778
Merit: 520
December 15, 2019, 07:59:44 AM
It is very difficult to predict each and every dip.
And apart from that, the dip strategy is considered as a long term strategy. The crypto market is not very stable to endure buying and buying again dips. With that being said, it might rekt you and you will need years to recover your losses.

I strongly disagree with you. Buying the dip is a dollar cost average method, but instead of buying every week,  you just buy every 10-25% drop.
Following this method I many a times get greedy and wait for the price to fall more and that makes me buy bitcoin at a higher price than that I could have brought before. Also we should understand that the huge price dips are short termed and last from only a matter of minutes to a few hours and then the price corrects itself and you can catch those dips only when you are lucky in my opinion.
legendary
Activity: 1473
Merit: 1086
December 13, 2019, 10:18:17 AM
It is very difficult to predict each and every dip.
And apart from that, the dip strategy is considered as a long term strategy. The crypto market is not very stable to endure buying and buying again dips. With that being said, it might rekt you and you will need years to recover your losses.

I strongly disagree with you. Buying the dip is a dollar cost average method, but instead of buying every week,  you just buy every 10-25% drop.
sr. member
Activity: 882
Merit: 251
December 13, 2019, 05:43:01 AM
It is very difficult to predict each and every dip.
You don't need to predict when dips are going to happen.  That's the whole point Op was making.  You buy when you see them happening.
thats right don't need to predict because anyone will be difficult to predict precisely, you can buy every fall $1,000 or for TA experts they will buy when support is broken. because the goal for the long term is now and every drop is good to buy.
sr. member
Activity: 1190
Merit: 306
December 12, 2019, 04:08:58 PM
Buy what dips?  The whole market is limping sideways, and if you're a long term holder like me any time is a good time to buy right now and has been for months.  We're all anticipating another bull market, and it's going to happen eventually.

Prices of everything in crypto are depressed to the extent that they probably couldn't get more depressed.  Everything is on sale right now, so I wouldn't even wait for the little dips to happen.  That strategy works well in a bull market when prices are steadily going up, but that isn't the kind of market we're in at the moment.

It is very difficult to predict each and every dip.
You don't need to predict when dips are going to happen.  That's the whole point Op was making.  You buy when you see them happening.
member
Activity: 980
Merit: 62
December 12, 2019, 03:14:20 PM
It is very difficult to predict each and every dip.
And apart from that, the dip strategy is considered as a long term strategy. The crypto market is not very stable to endure buying and buying again dips. With that being said, it might rekt you and you will need years to recover your losses.
STT
legendary
Activity: 4102
Merit: 1454
December 12, 2019, 02:25:21 PM
Dip buy underway seems like, just needs to confirm above 2 day average shown as blue line and I'll be convinced

sr. member
Activity: 952
Merit: 251
December 12, 2019, 10:55:05 AM
Buy in the dip is looks like simple strategy but it is really too complicated. You cannot know if the dip will dip.more or it is the bottom. There are a lot of indicators like moving average and rsi that can help us to create effective decisions. Buying at dip is a counter trend strategy and it is really hard to execute because of the risks.
It is always a simple strategy and if you think that it is too complicated you need to see the expected valuation in bitcoin and the all time high valuation it touched in the past and with halving coming up it is expected that the price would rally a bit from the current situation and if you have that in the top of your mind and have an entry point then you do not need to worry, invest half when the market goes down and then if you see the market going down you can invest according to the support level, understand the support level is always important while investing.
Well you are right in all your points but the only think I noticed is totally right in your discussion that we should buy when the price become down as it’s basic rule of having investment that we should buy coins when it becomes down in market and then we should wait with patience to get profit from it. Time will be taken to get profit from your investment that's why we should buy at its red market.
legendary
Activity: 2674
Merit: 1226
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December 12, 2019, 03:44:44 AM
^^^As Wind FURY says, that's what all the big guys want us to see, and that's what's been keeping them in business all these years. Since the time I joined until today, my mission is the same. Get as much as I can. When I have my target I'll probably not stop either. The lower the price, the sooner I get my target, because that moon day is coming, just how far into the future we can't tell yet.
legendary
Activity: 3248
Merit: 1160
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December 12, 2019, 03:27:25 AM
What do you guys think to the idea of a continious long sideway/bear market to flush out the halving bulls through pretty much of 2020? Plenty of opportunity to buy some dips then.
I would go with buying now if I am not done accumulating yet, but as I already bought early this year I will juts continue to hold and wait what would happen next year, still I am very optimistic but we can't ascertain changes would really occur but still hopeful at least I can make profit with my decision to accumulate this year.
legendary
Activity: 1473
Merit: 1086
December 11, 2019, 01:30:43 PM
What do you guys think to the idea of a continious long sideway/bear market to flush out the halving bulls through pretty much of 2020? Plenty of opportunity to buy some dips then.
hero member
Activity: 1426
Merit: 506
December 11, 2019, 05:45:20 AM
Buy in the dip is looks like simple strategy but it is really too complicated. You cannot know if the dip will dip.more or it is the bottom. There are a lot of indicators like moving average and rsi that can help us to create effective decisions. Buying at dip is a counter trend strategy and it is really hard to execute because of the risks.
It is always a simple strategy and if you think that it is too complicated you need to see the expected valuation in bitcoin and the all time high valuation it touched in the past and with halving coming up it is expected that the price would rally a bit from the current situation and if you have that in the top of your mind and have an entry point then you do not need to worry, invest half when the market goes down and then if you see the market going down you can invest according to the support level, understand the support level is always important while investing.
member
Activity: 450
Merit: 59
December 11, 2019, 03:12:13 AM
Short term looks not too bad, maybe 7600 today.



However slightly concerned that the previous high was a "lower high"...
This is a 7-day chart for those who didn't notice.


7-day chart doesn't represent anything that should matter. It's what whalecumulators want plebs to look at everyday, instead of zooming out.

I confess that was a big fail (on the short term). Cannot win every time  Tongue

Still, I expect 6.5k soon as the famous fractal indicated (see Twitter account of @NebraskanGooner). And after that 8k-ish, if everything goes well. so back to my chart 7.6k should be fairly easy again, in the next seven days probably.
legendary
Activity: 2898
Merit: 1823
December 11, 2019, 02:09:18 AM
Short term looks not too bad, maybe 7600 today.



However slightly concerned that the previous high was a "lower high"...
This is a 7-day chart for those who didn't notice.


7-day chart doesn't represent anything that should matter. It's what whalecumulators want plebs to look at everyday, instead of zooming out.
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