Buy the DIP, and HODL! - page 622. | Bitcointalksearch.org

Bossian

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Quote from: Rasa nanas on 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.

Then you need to settle for 10% or 20% profit, otherwise that's a risky strategy.
I mean buy high, sell low, not recommended

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.

Rasa nanas

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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.

Wexlike

legendary

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Quote from: ?? on ??

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.

d3nz

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Quote from: Wexlike on December 13, 2019, 10:18:17 AM

Quote from: Naida_BR on 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.

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.

Lecam

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Quote from: ?? on ??

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.

Zackgeno96

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Quote from: Wexlike on December 13, 2019, 10:18:17 AM

Quote from: Naida_BR on 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.

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.

Wexlike

legendary

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Quote from: Naida_BR on 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.

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.

alisonwonder

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Quote from: Pearls Before Swine on December 12, 2019, 04:08:58 PM

Quote from: Naida_BR on December 12, 2019, 03:14:20 PM

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.

Pearls Before Swine

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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.

Quote from: Naida_BR on December 12, 2019, 03:14:20 PM

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.

Naida_BR

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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

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Dip buy underway seems like, just needs to confirm above 2 day average shown as blue line and I'll be convinced

Triffin

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Quote from: BChydro on December 11, 2019, 05:45:20 AM

Quote from: Savemore on December 05, 2019, 02:09:05 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.

slaman29

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Livecasino, 20% cashback, no fuss payouts.

^^^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.

freedomgo

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Quote from: Wexlike on 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.

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.

Wexlike

legendary

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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.

BChydro

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Quote from: Savemore on December 05, 2019, 02:09:05 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.

Bossian

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Quote from: Wind_FURY on December 11, 2019, 02:09:18 AM

Quote from: Bossian on December 09, 2019, 05:35:35 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.

Wind_FURY

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Quote from: Bossian on December 09, 2019, 05:35:35 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.

Meowth05

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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

Actually, it been hard for me to tell if a certain coin goes dip. For example if bitcoins dip I having a second thought if I will buy right away or wait for more dip to come. However, I always ended up buying as the dip comes. I think it is better to buy right away rather than waiting on the big dip that might not come. Buying at low price and then HODL is the best strategy I can think of to survive in this bearish market we have now.

Bossian

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Quote from: STT on December 06, 2019, 06:56:58 PM

Quote from: Wind_FURY on December 06, 2019, 02:23:18 AM

No one who bought the dip today will care when Bitcoin is priced comfortably with 6 digits.

I will settle for 5 digits even, might be better to have a steady gain long term. The strategy for buy the dip is best combined with observing previous major turning points which gives us the possibility of higher volume vs market thats already sold hence it can mean a bottom price. It might be required to buy a dip several times, I dont really advocate aiming to buy just once and hope that is for sure the bottom price. Bottom is a process not an event and only known in retrospect, thats advice from a trader I try to remember as we cannot call out one price for sure and know it will be the lowest price just like those a high price can be hard to guess.
I look for trends as that gives a trading gain possibly, a series of low prices is often opposite to a series of highs, hopefully we do get both heading upwards but I continue to keep checking and looking for that confirmation.

5 digits is a dream at this point.

9k is definitely more achievable. Gaining 25% when we are in a bearish trend is a very difficult task, especially during an ABC correction.

But who knows. Anyway, BTC price stays between 6k to 8k until January for sure.

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