Buy the DIP, and HODL! - page 626. | Bitcointalksearch.org

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: Wind_FURY on September 17, 2019, 06:41:06 AM

he plebs adjusted, and are waiting to buy the dip. The whale-cumulators counter-adjusted, and made their bids higher than the plebs' bids.

I believe that a catalyst for FOMO is when whale-cumulators place their bids ahead of everyone. Cool

just bids won't work for FOMO, the price itself has to rise above a certain level so that it could cause the fear in those people who are currently waiting on the sidelines watching the market waiting for a "signal" to jump in. it is like the gunshot before a run! it fires and they all start pouring their money in. something like what happened when price went above $4200 and headed towards $5k. a big green dildo Grin

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: STT on September 13, 2019, 09:56:16 AM

The dip did occur after all, made the 50 day average on the daily bars chart, pin candle down to some support and back up. So it still seems hesitant in this area and its yet to cross but all the same that was enough to trade and gain from.

Week and monthly average are roughly together, which reflects the indecision in the price I think. Perhaps they wait for some news but I always give the charts and numbers themselves the credit.

The plebs adjusted, and are waiting to buy the dip. The whale-cumulators counter-adjusted, and made their bids higher than the plebs' bids.

I believe that a catalyst for FOMO is when whale-cumulators place their bids ahead of everyone. Cool

Ewox

sr. member

Activity: 812

Merit: 253

I agree, and I’ve learned my lesson to buy coins in every dip. But that is if you have the spare amount of money for you to hodl because profits are not attainable in an instant. It could take years but then again, buy only if tou have extra money too.

STT

legendary

Activity: 4102

Merit: 1454

The dip did occur after all, made the 50 day average on the daily bars chart, pin candle down to some support and back up. So it still seems hesitant in this area and its yet to cross but all the same that was enough to trade and gain from.

Week and monthly average are roughly together, which reflects the indecision in the price I think. Perhaps they wait for some news but I always give the charts and numbers themselves the credit.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Quote from: ?? on ??

Actually buying when the market is in dip is a very difficult step to make as not all dips will guarantee earning because what most commonly happening now is when you buy the dip but it dips even more losing your investments so maybe buying the dip is applicable for Bitcoin only but not with the Altcoins.

You are right that not all dip is worth it. For bitcoin, it will come back if we have a little patience as it has happened after 2017 and it bounced back. The same might not be said with altcoins, some altcoins dip is the end for that coin. I have experienced this with some altcoins.

I disagree, all dip are worth it because bitcoin is expected to rise again, buying at dip will give you a good value and that you can sell at a great profit.
This year, if we were able to do the right timing, we will be able to buy the best dip at $3K +, and we can sell at $13K, well, that's only possible if we are really smart enough and lucky at the same time.

What I learned is that we should always buy every time the market dip, especially if the market is healthy again.
In my evaluation, the market movement for BTC is healthy this year, so buying at dip is advisable.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: BrewMaster on September 11, 2019, 07:40:12 AM

today was an interesting day for all the "dip buyers" and the whale accumulators who are doing it.
initially they started it with large and sudden dump on the market to force the bots with their stop losses to go crazy. the amount dumped was 1500BTC on bitstamp alone but price only went down to $9900 and jumped back up above $10200 ridiculously fast. then they did it again this time to $9855 before it jumped back up to $10100 again.
i am curious to see if they do it for the third time today or was that it.

The whale-cumulators might have predicted where the dip buyers bids were, $7,500 - $9,500, and then ordered their own bids ahead of everyone, $10,000. Hahaha.

BrewMaster

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

today was an interesting day for all the "dip buyers" and the whale accumulators who are doing it.
initially they started it with large and sudden dump on the market to force the bots with their stop losses to go crazy. the amount dumped was 1500BTC on bitstamp alone but price only went down to $9900 and jumped back up above $10200 ridiculously fast. then they did it again this time to $9855 before it jumped back up to $10100 again.
i am curious to see if they do it for the third time today or was that it.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: STT on September 11, 2019, 05:10:49 AM

I guess I'm a gambler or a trader then, I do get that investor idea of a regular buy in a growth sector or long term ascending chart. Thats a fair enough call for BTC but also I want to get the buy alot lower then 10k, I dont have alot of capital so if 8 or 7k is possible even briefly then I want to see that as a buy.

Then you have a bigger reason to buy the dip, and HODL/save your money. Don't let the whale-cumulators take advantage of you gambling, because we can't beat the market. Not with our limited means.

STT

legendary

Activity: 4102

Merit: 1454

I guess I'm a gambler or a trader then, I do get that investor idea of a regular buy in a growth sector or long term ascending chart. Thats a fair enough call for BTC but also I want to get the buy alot lower then 10k, I dont have alot of capital so if 8 or 7k is possible even briefly then I want to see that as a buy. So the dip above was purely short term, it hasnt made a good run for the 50 day average. It was buyable but only with a trailing stop loss because we are still developing in this area.

So the reaction is not positive as each dip is lower in price, I characterise it as lower lows and also lower highs but that is just short term view. If I try to look at the longer view its more of a symmetrical triangle which is hard to call either way, I think this dip buying (for the speculator, fast money is always a force in markets) is becoming harder to do as its not lasting long in a positive rise after the dip.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: pooya87 on September 10, 2019, 10:31:10 PM

Quote from: STT on September 10, 2019, 06:50:37 PM

Maybe we could setup a new thread, dip alert for the times the price has had a trend of falling but might bounce back. I think now is one of those times, my outlook is not positive but it never pays to be singular minded and I think it can bounce after hitting an old trend.

usually "dip buying" is for the investors not traders. investors that keep on buying bitcoin on intervals like whenever they have some extra money that they want to invest every month. for them, any dip where price comes down a little is good and anything that is bigger than 10% is awesome. there is no need any kind of alert in my opinion because that kind of strategy doesn't need it.

Or anything below $10,000 is an OPPORTUNITY. Remember when permabulls said that we might not see another opportunity to buy below $5,000? It's there again with $10,000.

Remember the halving. Buy the dip, and HODL. Cool

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: STT on September 10, 2019, 06:50:37 PM

Maybe we could setup a new thread, dip alert for the times the price has had a trend of falling but might bounce back. I think now is one of those times, my outlook is not positive but it never pays to be singular minded and I think it can bounce after hitting an old trend.

usually "dip buying" is for the investors not traders. investors that keep on buying bitcoin on intervals like whenever they have some extra money that they want to invest every month. for them, any dip where price comes down a little is good and anything that is bigger than 10% is awesome. there is no need any kind of alert in my opinion because that kind of strategy doesn't need it.

STT

legendary

Activity: 4102

Merit: 1454

Maybe we could setup a new thread, dip alert for the times the price has had a trend of falling but might bounce back. I think now is one of those times, my outlook is not positive but it never pays to be singular minded and I think it can bounce after hitting an old trend.

This is the daily bars and I think on a simple measure it can go back to 50 day average as a first target. This is why buy the dip is a test of will as it looks negative at the time, some would wait till after it bounces some and then passes this 50 DMA for strength but thats losing part of the move.
Our current daily bar does have a bit of a pin to it, some people did buy and its near to 10k so for a simple number some will buy just that. Obviously it requires more but now we pass to Asia trading we'll see their take.

Quote

I was right, thats how people view it already. A proper bounce deserves us getting to 10400 so we'll see how it fares and the 50MA even has a rising incline in it from previous price history.

EdenHazard

legendary

Activity: 2674

Merit: 1048

Quote from: diazepam666 on September 08, 2019, 11:40:38 PM

Quote from: EdenHazard on September 08, 2019, 01:38:19 PM

Quote from: davinchi on September 05, 2019, 03:42:13 AM

I think it wil take a bit more to actually hit bottom, right now we are not at the bottom if you ask me. It may go up from here I am not arguing against that, we may hit again 13k+ one more time and if you want to buy it than go ahead and do it but that doesn't mean we will definitely just keep going up, it will definitely go down and that is why I honestly think it is not worth buying right now with plans for year long holding.

If you want to do day trading and get a quick profit you can try your hand (no guarantees) but I feel like waiting for an increase and than the next dump where price goes even lower would be a better price to buy. After that I feel like its turn to go up really high, not like 20k but at least 12k which is why I will wait for an increase than decrease to buy next time.

There's nothing to do but keep buying in every occasions to get your dip , as you might will find that rising period longer than the down to dip ... indeed you need to be patient at this stage.

The more dip order executed , the more profit doubled or even quadrupled once it's begin rising... that's the beauty of buying the dips!

In reality peoples are panic in that stage, so once it is down automatically people are move to some other platform. I think day traders only active in all the stage and some peoples are brilliantly plan the future earning. This year everyone saw the good growing on crypto market so all are willing to participate on upcoming days.

Naaah , that's why you need a good money management... so you won't get busted early or get panicked to sell it immediately.

As this kind trading strategy requires a really patient attitude... trading against the market trends always quite challenging and triggering adrenaline, just make sure you are using the money that you can afford to lose here Grin

Otherwise this "buy every dip" would ended up with a huge loss and extremely frustrating.

diazepam666

hero member

Activity: 1162

Merit: 516

1BTC Welcome Bonus

Quote from: EdenHazard on September 08, 2019, 01:38:19 PM

Quote from: davinchi on September 05, 2019, 03:42:13 AM

I think it wil take a bit more to actually hit bottom, right now we are not at the bottom if you ask me. It may go up from here I am not arguing against that, we may hit again 13k+ one more time and if you want to buy it than go ahead and do it but that doesn't mean we will definitely just keep going up, it will definitely go down and that is why I honestly think it is not worth buying right now with plans for year long holding.

If you want to do day trading and get a quick profit you can try your hand (no guarantees) but I feel like waiting for an increase and than the next dump where price goes even lower would be a better price to buy. After that I feel like its turn to go up really high, not like 20k but at least 12k which is why I will wait for an increase than decrease to buy next time.

There's nothing to do but keep buying in every occasions to get your dip , as you might will find that rising period longer than the down to dip ... indeed you need to be patient at this stage.

The more dip order executed , the more profit doubled or even quadrupled once it's begin rising... that's the beauty of buying the dips!

In reality peoples are panic in that stage, so once it is down automatically people are move to some other platform. I think day traders only active in all the stage and some peoples are brilliantly plan the future earning. This year everyone saw the good growing on crypto market so all are willing to participate on upcoming days.

EdenHazard

legendary

Activity: 2674

Merit: 1048

Quote from: davinchi on September 05, 2019, 03:42:13 AM

I think it wil take a bit more to actually hit bottom, right now we are not at the bottom if you ask me. It may go up from here I am not arguing against that, we may hit again 13k+ one more time and if you want to buy it than go ahead and do it but that doesn't mean we will definitely just keep going up, it will definitely go down and that is why I honestly think it is not worth buying right now with plans for year long holding.

If you want to do day trading and get a quick profit you can try your hand (no guarantees) but I feel like waiting for an increase and than the next dump where price goes even lower would be a better price to buy. After that I feel like its turn to go up really high, not like 20k but at least 12k which is why I will wait for an increase than decrease to buy next time.

There's nothing to do but keep buying in every occasions to get your dip , as you might will find that rising period longer than the down to dip ... indeed you need to be patient at this stage.

The more dip order executed , the more profit doubled or even quadrupled once it's begin rising... that's the beauty of buying the dips!

STT

legendary

Activity: 4102

Merit: 1454

Quote

when you buy the dip but it dips even more losing your investments so maybe buying the dip is applicable for Bitcoin only but not with the Altcoins.

From the ground view its hard to tell whats going on overall and if its a buying opportunity or not. Some still think alt coins can come back and have a place in the market and some believe they never should have existed, a form of digital heresy.
Buy the Dip is extremely valid advice however its a shortened phrase thats lost its qualifier. Apparently this is a common thing to happen and sometimes advice is reverse of what commonly society has come to understand from that phrase. However in this case we can still see the logic is fairly plain that buying into a dip even at a 'bad price' is ok so long as the product itself is valid. Or in other words you get a bad price or risk a bad price but this still remains a reasonable hold within a larger greater overall bull market on the long term time frame over years.

https://www.investopedia.com/terms/b/buy-the-dips.asp

davinchi

legendary

Activity: 2100

Merit: 1058

I think it wil take a bit more to actually hit bottom, right now we are not at the bottom if you ask me. It may go up from here I am not arguing against that, we may hit again 13k+ one more time and if you want to buy it than go ahead and do it but that doesn't mean we will definitely just keep going up, it will definitely go down and that is why I honestly think it is not worth buying right now with plans for year long holding.

If you want to do day trading and get a quick profit you can try your hand (no guarantees) but I feel like waiting for an increase and than the next dump where price goes even lower would be a better price to buy. After that I feel like its turn to go up really high, not like 20k but at least 12k which is why I will wait for an increase than decrease to buy next time.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: STT on September 03, 2019, 06:22:33 PM

~
Do we really think Bitcoin is going to rise for the last 8 months and also 8 months going forward in a continuous way. I'm not this optimistic, seems a little simple to imagine we just rise upto that event. I understand its helping reduce supply vs demand still growing, a positive for price most likely (long term but certainly not instantly) but also I believe it could easily be over anticipated.
In a market with many speculators and actual user growth and development to facilitate this still much required I think we can get ahead of ourselves.

we will see more rises up until next halving but not because of halving. the rises will be for the same reasons as always: more adoption. and as that grows, price goes up with it. and it is growing, specially as the market calms and ever since it exited the bubble stages and reached a more meaningful state.
the halving hype and its rise will probably take place only in the final month as we are getting close to the event itself, a rise which will be fast and won't last.

Faxmate

sr. member

Activity: 1071

Merit: 253

Quote from: RealMalatesta on September 03, 2019, 09:17:19 AM

I fully agree that these dips are great prices, every halving comes with increasing costs to mining which means the price of bitcoin will go up because the sellers (who are miners that mine over 2000 bitcoins every single day) will be selling for a lot more and that will create a lack of bitcoin at these prices and that is why price will go up.

Halving is the key here that people are forgetting, price could go low right it doesn't matter, you can buy as much as you can right now and if it goes down than buy some more, the more it drops the more you should buy because right now we are on the verge of a huge increase in cost of bitcoin and that is equal to bitcoin price going up. There is no way we are wrong on this, mathematically impossible because we all know what will happen and we should all buy right now.

All these are opportunity for us to buy some co ins at such low price. Dip gives chance to the investor to invest small but after holding your coins for few years I am sure your investment will rise more than double. Dip is like chance to store your money and take it out to be double. That’s why I always keep investing at Dip.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: STT on September 03, 2019, 06:22:33 PM

Quote from: Wind_FURY on August 08, 2019, 05:27:08 AM

Hahaha! Bitcoin cores? I was told he has been in Bitcoin and altcoins since 2013. The learning curve must be too high for this "influencer".

Quote

I converted all my bitcoin cores to bch n bsv at beginning of year so I currently don't have any bitcoin cores but CONGRATS to everyone who chose to hold bitcoin cores during this beautiful run!

Thing is he runs an index, so why is he sliding all of his holdings away from the main blockchain as if thats a sensible thing to do. He could have held many varied holdings and done better because none of us can know for sure what direction markets will be taking now and in the future

Quote

Co-Creator of the TaiFu™ 30 Cryptocurrency Market Index at http://TaiFuIndexes

Quote

Bitcoin is 8 months away from the next halving

Do we really think Bitcoin is going to rise for the last 8 months and also 8 months going forward in a continuous way. I'm not this optimistic, seems a little simple to imagine we just rise upto that event. I understand its helping reduce supply vs demand still growing, a positive for price most likely (long term but certainly not instantly) but also I believe it could easily be over anticipated.
In a market with many speculators and actual user growth and development to facilitate this still much required I think we can get ahead of ourselves.

Maybe not in a continuous way, but past movements point to a probability that there's no bear market this far behind from the next halving.

Topic: Buy the DIP, and HODL! - page 626. (Read 130635 times)