Topic: Buy the DIP, and HODL! - page 627. (Read 130635 times)

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



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.    

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.

Don't listen to trolls. Bitcoin is 8 months away from the next halving, and there wasn't a "bear market" this long away from each of it. I might be wrong, but probability is in favor of "no bear market".

Buy the dip, and HODL.

I believe you and stadus didn't get the irony of his comment, and why that it's funny.

There's not a funny way to explain it, but Roger has been promoting "his Bitcoin" as a medium of exchange, or "cash", not as a store of value.

But what if there are new dip all the time, or "dipper" dip?

I am personally using dollar cost average technique, buying BTC once a month, always on the same date after i get my salary.I am doing that since late November, and with current prices i am at  decent profit.That way i worry less abut the current short term price and focus on long term, less stress for me.

Why save? Not everyone can do that, most of us look for the best timing to sell that is why we are also looking for the best timing to buy.
When I plan of saving, meaning that's a long term hold, I don't need to choose any timing as I believe BTC will grow many folds in the future.
Long term and short term is done with different approach for me.

Not sure I agree. It's a symbiotic relationship. If no one spent BTC, it would have no value at all. Zero liquidity would make Bitcoin completely useless, just like it was when Satoshi first launched it and there was no one to transact with.

Otherwise sure, hoarding the supply causes price to increase. It doesn't take a genius to figure that out.

These words are straight from Roger Ver himself, caught on video!

I believe we all agree? Buy the dip, and SAVE, not spend.

https://twitter.com/roryhighside/status/1151353188680732673

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".

Don't follow him, don't listen to him, don't be like him.

https://twitter.com/heytaizen/status/1142283401824653313

The only risk I can see and say was a mistake is when someone buys a coin at peak, and even with that, the money in never lost. Any investment in bitcoin is very safe. In as much as we have whales manipulating the market, we still have presence of strong investors too that knows how to drive the market forwarded, and no matter the time you buy bitcoin, it will still always be worth it future.

I am sure many people that see bitcoin as risky investment are those that invested in 2017 at peak price, but if you look at the rate at which the bitcoin technology is growing, they will see that their decision was still never a mistake or risky, they only got delayed a bit out of their timing mistake. The only risk that I see is when you trade on margin and that is the personal risk of such trader and not bitcoin generally.

No, this is the beautiful part, there is no "profiting". You "profiting" by constantly converting your spare fiat to Bitcoin without converting them back!

Thats presuming the dips will always be in a sequence where each low is higher then the last.    We then have to consider on what time frame is that low.   The easiest observation for should you buy into the 'lows' is to watch the direction of the 50 day and 200 day moving averages.  
   Right now both of these measures are positive which would seem to indicate, whatever your particular reasoning if you do come to the conclusion of buying you wont be wrong overall.    However I've made a point of noticing price is now going sideways, eventually this will kick into the 50 day average and lead to more negative sentiment as the lows could begin to be lower then the last each time.

Its hard to watch and know the point the tide turns, I think thats the smartest strategy since its never the same each time we have to just continually measure the shore line and whether the waves move up or down on each iteration.

So right now my rough observation is to note July 15th was the last time we reached this regular channel of the rising price.   We've been far less positive after leaving the channel upwards, the price on leaving was $10,700 roughly and almost 3 weeks later we are very similarly in the same place.  
   Price does feel positive this weekend but I'm watching this bigger frame of reference to see if BTC needs to pull back further on the medium term; all this must go into qualifying OP strategy of buy every dip.  I will follow this advice when I see higher lows in a better pattern hopefully.

Every new low is a new dip.
And as the time goes by, the price will keep increasing and highs will become lows, if you see my point. In some years maybe 20k will be a very affordable low for the community.

This has been the first word I remember my mentor told me,to Buy the Dip and HODL until to reached the certain amount you wanted to hit from your investments
No one is losing by holding legitimate currencies like bitcoin and other top cryptocurrency

But no matter what prices brings us,just be thankful and never get rush on profiting

How do those "less-than-$10,000-Bitcoin-bought-at-the-dip" look to you now?

I believe the next crash the community would start worrying about is the crash to the "$20,000 lows", after 2020.

Buy the?

There would always be a control according into their likings yet we know that these people do have the capacity on maintaining or moving prices according to their likes.

Waiting for some entry and planning for an exit route will always be the target.No matter if theres new money or not to come in.

Is $9,500 the new $3,500? I believe the feeling we have of being below $10,000 will start to be the same as when Bitcoin was below $5,000. The little jittery plebs that we are.

actually i do believe that "new money" is always coming in. the difference in different times is that sometiemes like now the new money is also seeing the uncertainty so it decides to wait a little bit so that maybe it can find a better entry point. additionally because most traders are doing the same thing too, the "whalecumulator" can easily place a sell pressure on the market enough to keep the price at the level they want so no matter how much "new money" comes in, price stays the same.

Honestly no one knows if the price is already at dip since we don't see and control the future.
We just based on our analysis and make some judgement, that's it.

You don't have to believe others claiming they are experts and they know the current situation, you are the one who should decide and make an action.
This is the norms of the market, sometimes we loss, sometimes we make profit.

you are right. but how will we know that it is dip. the market keeps going red for more than 1 year and deepest levels never end. (i also bought and have been holding but still not pleasent  )