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Topic: Buy the DIP, and HODL! - page 620. (Read 130784 times)

Wind_FURY

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Quote from: Vaculin on April 15, 2020, 07:07:19 AM

Quote from: Wind_FURY on April 15, 2020, 04:30:23 AM

Bitcoins that haven't moved for the years since 2017 are increasing, https://bitinfocharts.com/top-100-dormant_3y-bitcoin-addresses.html

The strong hands are replacing the weak, until there's not much supply to meet the demand. Buy the dip, and? Cool

Wait until the market will be bullish again, eventually the time will come but like you said, strong hands are holding now and they will not drop what they hold when they don't see any profit. The demand will eventually increase and the supply will decrease when people are hoarding bitcoin, but we need bitcoin to be massively adopted for that to happen.

Bitcoin's demand will increase, OR it might be the devaluing of the U.S. Dollar from all of the money printing, also known as "quantitative easing". Hahaha.

Plus this beautiful visual reminder,

Ridwan Fauzi

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Quote from: Vaculin on April 15, 2020, 07:07:19 AM

Quote from: Wind_FURY on April 15, 2020, 04:30:23 AM

Google platform had created that at 2017 ago 'bitcoin' was the most keyword which was crowded to use. Meaning, there're many people who got interested to having bitcoin to get a lot of profit. But now, we haven't saw it, the adoption against bitcoin is still lack that we get. Because if we rely on the oldest investor then I think bitcoin will never touch the past all time high.

Vaculin

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Winding down.

Quote from: Wind_FURY on April 15, 2020, 04:30:23 AM

rodskee

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Quote from: Wind_FURY on April 17, 2019, 01:07:48 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

Seems like this thread applies to what we are doing now i think?because this is a dip market and a chance for everyone to Buy again to HODL?
there are many murmuring happening in market now,some are towards favoring the Halving but some is against the good coming near.
but what i wanna Toss is that we will have a great market maybe not now but at least in Year end or early next?what can you say aside from fearing to fail more soon?

Wind_FURY

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pealr12

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Quote from: Saisher on April 12, 2020, 06:29:25 AM

Quote from: karanggatak on January 19, 2020, 03:09:22 AM

I don't think buying every drop is a good strategy. because sometimes coins decrease in small amounts. it's better to wait until the coin drops by 10%. then just buy. investing or trading cryptocurrency is not easy because the price fluctuations are very high. we must learn a lot and also be good at speculation. and also must always observe the state of the crypto market whether we are in a down or up trend.

As long as you are buying a good coin that always fights back whether the market is in good or bad condition, you are still ok and good to go, everytime the market is down I always rely on the top coins in the market, because I always think long term, we are going to get over this pandemic and the market will be better more than ever.

you said it right , always choose a project that even the price is low they still manage to get back and not those projects that are only pump and dump, cause they wont get back after dump. Choose wisely.

Saisher

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Quote from: karanggatak on January 19, 2020, 03:09:22 AM

pooya87

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Quote from: casperBGD on April 11, 2020, 06:38:19 AM

it is a good chart to look at when you are thinking about temporary loses and red market, like these days due to corona, we are still in uptrend in this zoom-out, and hope that it will stay that way, and certainly that halving will bring some new people in crypto markets, if the media press would be good like always after the halving

halving has never brought "new people" into bitcoin market, the only thing that the event itself does is bringing a lot of temporary hype that lasts a couple of weeks before bitcoin goes back to normal and continues rising normally again.
adoption is bringing more people into bitcoin and halving (capped supply) acts as the catalyst in rising price and the upcoming rallies.

ScamViruS

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Quote from: Wind_FURY on April 17, 2019, 01:07:48 AM

Each dip will give you a chance to accumulate more Bitcoin. And that's what all smart traders do. Always trade in the spot market, never go into leverage trading, it's a risky system that will take away all your funds. I know many trader who lost their all money on leverage trading. I'm still trying to buy Bitcoin worth $ 100 every month. Which I will hold for the future. Because bitcoin have a bright future.

Naida_BR

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Quote from: karanggatak on January 19, 2020, 03:09:22 AM

When we say dips we don't say the small decreases.
It is a good strategy to buy bitcoins when you see a significant increase in the bitcoin price because after that it is going to rise again.
If you cannot realise this trend then this strategy is for sure not good.

casperBGD

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Nil Satis Nisi Optimum

Quote from: Wind_FURY on April 11, 2020, 05:43:27 AM

Where we're going, you won't need to sell.

Wind_FURY

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Quote from: Vaculin on April 10, 2020, 08:42:34 AM

Quote from: Wind_FURY on April 09, 2020, 04:56:30 AM

This take I stole from a friend, "it's OK to add a loser in your position, if it's actually a winning position". Cool

This is too deep, I can't comprehend what this meant, lol...

It means today, you buy the dip to dollar cost average your losses, BUT zoom out, and watch where Bitcoin is going.

Quote from: Wind_FURY on April 09, 2020, 04:56:30 AM

Zoom out, buy the dip, and HODL.

But this one, I get it clearly. .. the word HODL means good profit for us when selling at the right timing.
We never HODL to lose, we HODL because we wait until we see the profit that we targeted.

Where we're going, you won't need to sell. Cool

Vaculin

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Winding down.

Quote from: Wind_FURY on April 09, 2020, 04:56:30 AM

This take I stole from a friend, "it's OK to add a loser in your position, if it's actually a winning position". Cool

This is too deep, I can't comprehend what this meant, lol...

Quote from: Wind_FURY on April 09, 2020, 04:56:30 AM

Zoom out, buy the dip, and HODL.

But this one, I get it clearly. .. the word HODL means good profit for us when selling at the right timing.
We never HODL to lose, we HODL because we wait until we see the profit that we targeted.

Wind_FURY

legendary

Activity: 2898

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This take I stole from a friend, "it's OK to add a loser in your position, if it's actually a winning position". Cool

Zoom out, buy the dip, and HODL.

ScamViruS

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Quote from: Wind_FURY on April 17, 2019, 01:07:48 AM

Now that the situation of the market it is really a good opportunity to accumulate some more bitcoin. Those who have the money are definitely increasing their holdings. But currently I do not have extra money to buy more Bitcoin. This is a problem for me, when a good opportunity comes I have no money.

Jeremy Franklin

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Quote from: Wind_FURY on March 09, 2020, 05:02:29 AM

Many people ask themselves, "when should we buy the dip?"

I believe the recent dips should be the perfect answer. Another golden opportunity. I wish I had more source of fiat, other than my job.

I wish I had a job, then I could buy a dip.

criza

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Quote from: Wind_FURY on March 09, 2020, 05:02:29 AM

Many people ask themselves, "when should we buy the dip?"

I believe the recent dips should be the perfect answer. Another golden opportunity. I wish I had more source of fiat, other than my job.

Indeed, as the current price of Bitcoin dictates, I think it would continue to fall or dump in the coming days. This would be a great opportunity for a lot of investors or traders to store a lot of Bitcoin stock because, the upcoming halving event would surely affect Bitcoin and would change the course of its current standing in the market. Also, as the tension from the virus corona makes countries quarantining their money makes it suspended making it possible for the people to turn to crypto currency.

Wind_FURY

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Many people ask themselves, "when should we buy the dip?"

I believe the recent dips should be the perfect answer. Another golden opportunity. I wish I had more source of fiat, other than my job.

Wind_FURY

legendary

Activity: 2898

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Remember, we should be checking Bitcoin's price, merely to see by how much its purchasing power is against fiat currencies. Plus the more the Feds/Central Banks print fiat, the more it's a positive for Bitcoin.

Buy the dip, and? Cool

https://www.aier.org/article/bitcoin-is-quantitatively-tightening/

Quote

Indeed, despite scores of warnings about the alleged dangers of low inflation, the drumbeat of statistics and other reports citing the deteriorating character of U.S. household finances leads one to question exactly what impact the Federal Reserve thinks that raising prices by several percentage points would have on tens of millions of families.

Contrarily, bitcoin’s limited supply has always been a draw for investors and spenders cognizant of the effects of inflation on purchasing power. With the rate of production of bitcoin via mining taking place at a rate less than the Federal Reserve’s stated target rate (and possibly less than the real rate of inflation), in May 2020, bitcoin may have economically incontestable reasons to become a legitimately competitive store of value versus most of the other world currencies. Part of that, of course, hinges critically upon

Wind_FURY

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Quote from: pooya87 on January 20, 2020, 05:14:43 AM

Quote from: ?? on ??

Not a bad strategy, but even a scheduled buy every week is a good idea so you don’t have to watch the charts all the time. This of course is dollar cost averaging.

Possibly the worst advice I have ever read on this forum Lips sealed

it is not a bad advice, maybe he said it wrong.
for starters that is only bad if you are trying to day trade and make profit in short term. otherwise for everyone else who is not so willing to participate in the highly volatile market on very risky and shady exchanges that lack security, the strategy is "investment". and many people don't have a large sum of money to dump into bitcoin in one go, you get some extra money maybe leftover from your paycheck or something and invest that into bitcoin on short intervals such as a week or two as you come to that extra money.
of course you always want to look at the charts and do some analysis.

I believe no analysis required in some instances. Pretend we bought $10,000 worth of Bitcoin today, price is $8,600 - $8,650, depends what exchange, and wait for 10 years.

I'm very confident that we would earn more profit than 90% of the day-traders in the forum, pretending that they also started with $10,000.