Topic: Buy the DIP, and HODL! - page 624. (Read 130784 times)
In as much as i believe that crypto is in its early stage and its likely to increase much more later. But buying every dip you see will just lead you huge and enormous loss. Before you buy the dip of any coin you see make sure you have done a proper research on if the project is likely to grow over time, if research is not done properly, you end up buying plenty tokens that might never increase in price again. To be safe take out time and study each project well before investing
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time
You don't have to buy a whole Bitcoin just buy commensurate to what you can afford, some altcoins are good but with the coming halving the go to coin is definitely Bitcoin, I am buying on every dip and from my rewards from my current campaign, we should like an ant storing foods for the rainy days however small we stored, because it's going to worth it next year.
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time
You don't have to buy a whole Bitcoin just buy commensurate to what you can afford, some altcoins are good but with the coming halving the go to coin is definitely Bitcoin, I am buying on every dip and from my rewards from my current campaign, we should like an ant storing foods for the rainy days however small we stored, because it's going to worth it next year.
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time
That's alright, buying altcoin can still give you profit at the right time, this market just move based on BTC movement and therefore we can expect that if the market will rise, its gonna be BTC that will lead it but like I said, the right time will come that altcoins will also rise. personally, I also hold a lot of altcoins with almost worthless of value now, this is cause by the long bear market but I understand this is how it works because the pump created FOMO during the last bull run and the market was overvalued, so correction happened.
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time
That's alright, buying altcoin can still give you profit at the right time, this market just move based on BTC movement and therefore we can expect that if the market will rise, its gonna be BTC that will lead it but like I said, the right time will come that altcoins will also rise. personally, I also hold a lot of altcoins with almost worthless of value now, this is cause by the long bear market but I understand this is how it works because the pump created FOMO during the last bull run and the market was overvalued, so correction happened.
I can't afford to buy bitcoin when there is a decline again later either at the end of this year or in early 2020, I only have a little capital and only enough to buy some other cheaper Altcoin, in some time I feel being played with by bitcoin prices this time
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!
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!
Yes, I agree with you, it's very easy to say, but it's quite difficult if practiced. for example, right now the price of bitcoin is down from $ 9,000 to $ 8,800 in my opinion this is a good opportunity to buy. but sometimes people are afraid that the value will go down again so they postpone buying hoping the price can drop even lower. but if I will still decide to buy even if the value of bitcoin goes down again I won't regret buying. because I'm sure that in the future bitcoin prices will pump even higher. I just need to wait and be patient until bitcoin is bullish.
Im going to disagree with the thread titled strategy for today and probably for this week as I think it might be best to take a breakout type buy or sell depending on where we move from here.
So on this cap if we are moving above 200 day average it could be taken as positive from there on, the speculators might actually want to take this level here with a tight stop loss, 8820 or above. Then I do think its a sell if we can move past and confirm below the 50 day average which is about 8560. On this occasion buying the dip is not that attractive to me, I only back that idea when its part of a regular pattern of both lows and highs and its too irregular right now.
So on this cap if we are moving above 200 day average it could be taken as positive from there on, the speculators might actually want to take this level here with a tight stop loss, 8820 or above. Then I do think its a sell if we can move past and confirm below the 50 day average which is about 8560. On this occasion buying the dip is not that attractive to me, I only back that idea when its part of a regular pattern of both lows and highs and its too irregular right now.
So at what price level would you consider to "buy the dip" ?
And about which coins are you talking ? The regular Bitcoin Dip buy or some altcoins ?
Im going to disagree with the thread titled strategy for today and probably for this week as I think it might be best to take a breakout type buy or sell depending on where we move from here.
So on this cap if we are moving above 200 day average it could be taken as positive from there on, the speculators might actually want to take this level here with a tight stop loss, 8820 or above. Then I do think its a sell if we can move past and confirm below the 50 day average which is about 8560. On this occasion buying the dip is not that attractive to me, I only back that idea when its part of a regular pattern of both lows and highs and its too irregular right now.
So on this cap if we are moving above 200 day average it could be taken as positive from there on, the speculators might actually want to take this level here with a tight stop loss, 8820 or above. Then I do think its a sell if we can move past and confirm below the 50 day average which is about 8560. On this occasion buying the dip is not that attractive to me, I only back that idea when its part of a regular pattern of both lows and highs and its too irregular right now.
So at what price level would you consider to "buy the dip" ?
Buying the dip I think only works in a bull market. During a bear market it gets trickier because there’s always going to be a lower price in the short term until it hits bottom.
Buying the dip during bear markets works as dollar-cost-averaging, to reduce your loss, and to lower your average-buying-price.
Wait a few months after the halving, you might regret not buying more.
This is the most fundamental strategy of staying safe in the world of crypto currencies. You are simply supposed to buy expensive coins like bitcoin when the market is down like it was this year. Why it is important to buy bitcoin specifically in dips? Because in pumps this is the most expensive coin and that is the ideal situation for cashing out profit. Right now market is great for buyers.
wrong. this is only important in "world of bitcoin" and basically any other asset that has a potential for rising or is on the rise. otherwise in "cryptocurrencies" this not true at all. most of them are in long term dumping mode forever with some short term pumps which means when you see a drop you can not call it a "dip" and it won't be worth buying it since after that drop there will be more drops unlike bitcoin where after the drop there is more rise instead.
the risk could be worth , but if you are prefer to play it safe then i think to buy in the bearish run is a big mistake , you will feel that the drop is like never ending and guess what you will do? buy high sell low and buy high sell low again!
buy it on the bullish run if you want lower risk and sell it right after you have the profit in your pocket even it is only a little bit. that is how it works.
finding the real dip never easy , you have to monitor the movement every single minutes even seconds to get the very dip!
Buying the dip I think only works in a bull market. During a bear market it gets trickier because there’s always going to be a lower price in the short term until it hits bottom.
Im going to disagree with the thread titled strategy for today and probably for this week as I think it might be best to take a breakout type buy or sell depending on where we move from here.
So on this cap if we are moving above 200 day average it could be taken as positive from there on, the speculators might actually want to take this level here with a tight stop loss, 8820 or above. Then I do think its a sell if we can move past and confirm below the 50 day average which is about 8560. On this occasion buying the dip is not that attractive to me, I only back that idea when its part of a regular pattern of both lows and highs and its too irregular right now.
So on this cap if we are moving above 200 day average it could be taken as positive from there on, the speculators might actually want to take this level here with a tight stop loss, 8820 or above. Then I do think its a sell if we can move past and confirm below the 50 day average which is about 8560. On this occasion buying the dip is not that attractive to me, I only back that idea when its part of a regular pattern of both lows and highs and its too irregular right now.
So at what price level would you consider to "buy the dip" ?
Im going to disagree with the thread titled strategy for today and probably for this week as I think it might be best to take a breakout type buy or sell depending on where we move from here.
So on this cap if we are moving above 200 day average it could be taken as positive from there on, the speculators might actually want to take this level here with a tight stop loss, 8820 or above. Then I do think its a sell if we can move past and confirm below the 50 day average which is about 8560. On this occasion buying the dip is not that attractive to me, I only back that idea when its part of a regular pattern of both lows and highs and its too irregular right now.
So on this cap if we are moving above 200 day average it could be taken as positive from there on, the speculators might actually want to take this level here with a tight stop loss, 8820 or above. Then I do think its a sell if we can move past and confirm below the 50 day average which is about 8560. On this occasion buying the dip is not that attractive to me, I only back that idea when its part of a regular pattern of both lows and highs and its too irregular right now.
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
I do believe when one is able of buying the DIP he should, but besides the DIP one should buy whenever he can like every monthly wage take a % of what you save and buy corn with it instead of all saving it in a dumb bankaccount ....
^
This of-course counts especially for those who have read a bit about BTC and have a believe that its here to stay....
people should do these two at the same time. meaning to set aside a portion of their money to buy bitcoin with but don't buy it right away when they get their paycheck for instance. they should instead try to look for a dip specially when the market is in sideways mode not a bull/bear run since during the bull run you want to buy right away without wasting any time but these days dips are more common and the bottoms are established already.
I think it is not yet time to buy and it will go much lower between the range of 8200- 8400 value and as of today 24hr low currently 8600 so it might go down and probably bounced back to $10k and that's a huge profit.
And it would be best to takr advantage of the market crisis than cry later and no profit at all.
It is your point of you, But most of the traders are actively monitor the crypto market so they know the future facts and earning percentage. Normally Bitcoin is fluctuate all the time so peoples are actively participate all the time. Some new investors little fear the small dump and pump so still we have right opportunity to invest. And it would be best to takr advantage of the market crisis than cry later and no profit at all.
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
I do believe when one is able of buying the DIP he should, but besides the DIP one should buy whenever he can like every monthly wage take a % of what you save and buy corn with it instead of all saving it in a dumb bankaccount ....
^
This of-course counts especially for those who have read a bit about BTC and have a believe that its here to stay....
I think it is not yet time to buy and it will go much lower between the range of 8200- 8400 value and as of today 24hr low currently 8600 so it might go down and probably bounced back to $10k and that's a huge profit.
And it would be best to take advantage of the market crisis than cry later and no profit at all.
And it would be best to take advantage of the market crisis than cry later and no profit at all.
It was around $5000 when OP mentioned buying bitcoin, but the idea to buy at every dip isn't changed.
There is a probability that bitcoin may drop to $8500, but I doubt it will fall below it.
$10K isn't the target as bitcoin has the potential to go beyond $20K in the next year, so just buy whenever you think it's plausible.
I think it is not yet time to buy and it will go much lower between the range of 8200- 8400 value and as of today 24hr low currently 8600 so it might go down and probably bounced back to $10k and that's a huge profit.
And it would be best to takr advantage of the market crisis than cry later and no profit at all.
And it would be best to takr advantage of the market crisis than cry later and no profit at all.
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!
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!
Yes, I agree with you, it's very easy to say, but it's quite difficult if practiced. for example, right now the price of bitcoin is down from $ 9,000 to $ 8,800 in my opinion this is a good opportunity to buy. but sometimes people are afraid that the value will go down again so they postpone buying hoping the price can drop even lower. but if I will still decide to buy even if the value of bitcoin goes down again I won't regret buying. because I'm sure that in the future bitcoin prices will pump even higher. I just need to wait and be patient until bitcoin is bullish.
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