Buy the DIP, and HODL! - page 602. | Bitcointalksearch.org

matchi2011

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Activity: 1456

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Buy $BGL before it's too late!

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

Quote from: Mpamaegbu on April 20, 2019, 10:55:53 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, 10:55:53 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, 06:54:29 PM

Quote from: Bardman on April 20, 2019, 05:23:03 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, 03:46:18 PM

Quote from: samlaode on April 18, 2019, 11:56:27 PM

Quote from: samcrypto on April 18, 2019, 09:22:03 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, 05:53:01 PM

Quote from: malevolent on April 17, 2019, 11:18:43 AM

Quote from: DeathAngel on April 17, 2019, 11:05:56 AM

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.

Pursuer

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Where is my ring of blades...

Quote from: malevolent on April 17, 2019, 11:18:43 AM

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.

based on the evidence at the time, $10k was not a bad place to buy. it was 50% under the ATH and also the dumps had significantly reduced. not to mention the ridiculously strong buy support at $10k which took millions of dollars of dumps to break it when the time for it came.
not to mention that market being unpredictable, you sometimes need to take risks like that. if you are a trader then you simply accept your mistakes, sell at $9k and buy back lower making even more profit!

Quote from: malevolent on April 17, 2019, 11:18:43 AM

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. from then to mid 2015 (=320)was the accumulation and by July we already were at the beginning of a bull market when price reached its first 100% rise and traders took their gigantic profit out. by the end of 2015 price was already in $500 range.

in other words 2.5 years after the December 2013 bubble price is already in $770 range which is over 400% rise from the bottom of the bear market. so I don't really get how you concluded that "bear market" last time lasted 2.5 years" since you are off by 1.5 years!!!

Mpamaegbu

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Once a man, twice a child!

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.

BeGoods

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Quote from: Bardman on April 20, 2019, 05:23:03 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.

Thats right, unless you have a lot of capital you can do that, I think the best strategy is to buy when the lowest price comes.
You will never lose if you can buy at that time, you have skills for analysis, then use that skill for research

shoreno

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Quote from: Bardman on April 20, 2019, 05:23:03 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 .

BitHodler

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Quote from: serjent05 on April 20, 2019, 05:16:34 PM

I wish I have lots of funds, so I can buy at every dip of BTC, alas my fund is so limited, All I can do is just stare on the opportunities that passes me T_T.

I don't think you have paid much attention to the bear market we are going through, and more precisely said, the time frame from January last year to November. It was a disaster for bulls.

If you bought every dip from January to November, you singlehandedly made yourself lose a lot of money. Not every dip is worth buying because there is no such a thing as a price being too low in the world of crypto.

$10,000 was low people said, then $8000, and ultimately $6000 that made people believe that we finally bottomed, because hey, that price is what miners need to be profitable, so it can't sink lower. Poof did the price....

Your lack of funds prevented you from making a huge mistake. Wink

Bardman

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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.

serjent05

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Quote from: Naida_BR on April 17, 2019, 02:11:15 AM

Buying every dip is easy to say, but difficult to identify the dip (for me at least!)

Every time the price of bitcoin drops I am afraid of the point that it is going to stop or it will be ongoing for a long time. Looking at charts and trying to make my TA sometimes prove me wrong!

To at least have a hint on what is the dip, you can check the chart, identify the support level and the resistance level. After identifying the support level, you can then set you buy wall within that support and resistance range. With that you can possibly hit if not the dip, near the dip price of BTC.

I wish I have lots of funds, so I can buy at every dip of BTC, alas my fund is so limited, All I can do is just stare on the opportunities that passes me T_T.

daarul50

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Sometimes it's very easy to say buy each dip. Easy for people who have large capital but for people with small capital they may think repeatedly to buy a coin because the fluctuations that occur and are very speculative make them anxious and doubtful even they don't know whether the dip will stop or continue.

iv4n

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Quote from: Oceat on April 20, 2019, 03:31:53 PM

Quote from: barota on April 20, 2019, 12:29:22 PM

Buy every dip or every crash , but if price doesn't want to stop of fall
and if you have money to buy ... sell car then house !!I think it's not a good idea

What are you talking about? Of course, it is not a good idea since you are risking beyond your limitation. You better know the difference between needs and wants if you want to survive in this cruel world. There is always a right time for everything and you have to be in the right timing to do it because opportunity comes rarely.

He is talking about the action, you can't live in a safe bubble all the time, protected from the cruel world, if you wish to do something more you need to risk it man, there isn't safe shortcut. There is a right time for everything, but sometimes you need to follow your instinct, you need to belive in something more. Opportunities come rarely, better grab some crypto now while prices are down or you will miss one of the greatest opportunities ever.

Dreamchaser21

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Quote from: barota on April 20, 2019, 12:29:22 PM

Buy every dip or every crash , but if price doesn't want to stop of fall
and if you have money to buy ... sell car then house !!I think it's not a good idea

Yes, don’t sacrifice your house just to take too much risk though the chance for a great profit is still high. If you want to buy every dip then you must have enough capital or better to wait for a more cheaper price to you or the bottom. Invest on good coins during this stage, you have to put your money on a safe place.

Oceat

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Activity: 2506

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Quote from: barota on April 20, 2019, 12:29:22 PM

Buy every dip or every crash , but if price doesn't want to stop of fall
and if you have money to buy ... sell car then house !!I think it's not a good idea

What are you talking about? Of course, it is not a good idea since you are risking beyond your limitation. You better know the difference between needs and wants if you want to survive in this cruel world. There is always a right time for everything and you have to be in the right timing to do it because opportunity comes rarely.

fullhdpixel

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Activity: 2828

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One thing we always forget is that when you dump a coin on an exchange, it is not the exchange that pick up that coin but a normal crypto enthusiast like you who love crypto and also have hope in the future of the market, I don't know the reason why we keep dumping our coin in fear when we know that the market will always recover and we can't lose all what we have gained, I think we should keep buying the dip especially in this time when the correction is over and it's time for us to see a bull run in price.

barota

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Buy every dip or every crash , but if price doesn't want to stop of fall
and if you have money to buy ... sell car then house !!I think it's not a good idea

STT

legendary

Activity: 4088

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They can do more then just hold the BTC in a wallet, they could utilise the BTC by putting it into a casino cashflow they need to operate. That way the person can hold BTC without selling but also gain a yield from the hold.
If you dont like the direct hold into the casino operation, which I think does share in any decline as well as advancement via profits. The other alternative is to hold it as a deposit for plain interest, I know of at least one place that does that - freebitco and they have been around many years now

Rune

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Quote from: malevolent on April 17, 2019, 11:18:43 AM

Quote from: DeathAngel on April 17, 2019, 11:05:56 AM

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

Golftech

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Quote from: samlaode on April 18, 2019, 11:56:27 PM

Quote from: samcrypto on April 18, 2019, 09:22:03 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.

Topic: Buy the DIP, and HODL! - page 602. (Read 122360 times)