Topic: Buy the DIP, and HODL! - page 635. (Read 130532 times)
Hope you guys managed to buy yesterday's dip! I was too late, only saw how the prices fell a few hours ago, but quite happy to put in an invoice for some small earnings today, at today's prices. Just notice how after the drop, once more Sunday proves to be a recovery mode making this now several good weeks in a row right? I personally want this to go on this whole year!
Yes, every time we should buy in the dip but not hodl for a forever time, we need to sell at high! I did not see a single thread about selling bitcoin, every time we suggested people buy and hold and not to sell. But by reading that tweet's comments, I realized we have to be smart in making a decision instead of buying bitcoin all the time! But yes, right now is one of the best time to buy Bitcoin!
Yes just buy in dip and be more smart holding it not that so long because you will just gain nothing but just a small amount of it 
just as a reminder, the previous one lasted for two and a half years.
I think you may need to take a look at the charts. price drop began at the end of 2013 (December=$1100) and bottom (lowest price) was reached by the start of 2015 (January=$150) which means the actual bear market lasted a year.That's not how I would measure things. Since we are only distinguishing between bull and bear markets, it's not really fair to call an accumulation range a bull market. They are specifically not uptrends and are often characterized by lower lows such as the August 2015 crash.
In classical trading terms, Dow theory, etc. we didn't form the first signs of a bull market until October 2015. That's when we officially exited the long term bottom range, saw a weekly golden cross, and actually began forming unbroken higher highs/higher lows succession. We established previous long term resistance (the July 2015 top) as support.
In comparison, we have seen none of those things yet here. Structurally, it's still really premature to declare the bear market over. This could technically still be a correction to the bear market so we need to be patient and let time do its thing. I'm confident we will form a bullish structure and break out into a bull market. But it's not visible on the charts yet.
OK, I can agree that we can not call the accumulation phase a "bull market" although I don't agree on the dates you mention for the start of it but since it was not the point I was trying to make, lets just pass that.
the point as you also said it yourself is that it was an "accumulation phase" and NOT a "bear market" anymore.
technically a bear market is where price is going lower and lower for whatever reason. so when the drop stops we can no longer call it a "bear market". I would even go as far as saying the bear market ended when price reached the $2xx range since the drop to $150 was due to some FUD (the scaling fight!) and was unnatural market manipulation.
I think most people call it bear market because they think there is only 2 choices! but in reality there are more. or maybe because they think if price doesn't double every month then we are in a bear market!
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remember those who invest 3-4 years ago, how they changes their lives.
It's not the same trend that we will be facing going forward, there's an increase but not as big as those times in the early stage.
We need to ensure we have a sell target, otherwise, we will miss the best opportunity to sell.
Unnoticeable mistake is when people tend to expect a bull run like what happened last December 2017. Hodling without selling target, waiting for another ATH, that would end up hodling for a couple of years or so. Missed opportunities for not selling during bull(ish) market, like the situation today will also be unnoticed by people who are very optimistic for another ATH.
You don't need to sell the coins even at the bullish market trend. Instead of that you may roll the coins you have to another altcoins which is worth to grow bigger in the marketplace in some months or surely you believe it.
If you missed the oppurtunies to make the money with ETHEREUM this is the perfect time I believe. Convert your bitcoins to Ethereum it will take your money triple at the time next peak value.
I think you mean rolling your coins to acquire another alt coin is just the same as selling your coin when you hit your target and then buy another coin that could potentially get you good returns.
And Im not talking about the peak value, Im talking about setting a specific target price range on selling your coins.
I dont stop with that.
Dips are like gold to me.
Even just .01 of bitcoin every dip is a large one for me. Now, I can see the profits but still I dont sell.
I want more.
Wait, I am not an addicted buyer like that girl next door which loves to shop.
Just dont want to be left behind somewhere in the future.
Dips are like gold to me.
Even just .01 of bitcoin every dip is a large one for me. Now, I can see the profits but still I dont sell.
I want more.
Wait, I am not an addicted buyer like that girl next door which loves to shop.
Just dont want to be left behind somewhere in the future.
So you are saying you are still waiting for that $1M BTC before selling? You can have make your stash bigger if you do some day trading sometimes
But well kudos for your patience, it is hard to find one when the market is so tempting and the profit is just around. Other tends to short and buy on the dip but I guess, it will be hard in the current market sentiment.I would rather prefer day trading instead of stashing the bitcoin by purchasing it on every single dip as day trading gives a decent amount of profit when it's don't in the right way which obviously comes with experience and some petty loses which one might incur initially. Hodling will not work for current situation as it's a rough ride which crypto market is going through.
Sounds a a little bit greedy for me but that's okay because it conforms with the "Buy low, Sell high" principle so you are still on the right path. But of course, don't forget to ask your first, ask if you can afford to invest more and most importantly is that if you take a risk even further. If you are not sure then don't proceed despite of the advice of all the members here, it's your money so you should be the ruler of it. (Hmm, seems your decision is final already so good luck)
More power to everyone and keep Hodling.
More power to everyone and keep Hodling.
Like I said before, now that the market is finally bullish, maybe we will not get this big correction everybody is waiting for, because now people want to buy bitcoin on every small dip.
My long term strategy:
Up: enjoy the rally
Sideways: buy a little bit
Down: Don´t get emotional and buy a big chunk!
I am happy with all 3 options!
I dont stop with that.
Dips are like gold to me.
Even just .01 of bitcoin every dip is a large one for me. Now, I can see the profits but still I dont sell.
I want more.
Wait, I am not an addicted buyer like that girl next door which loves to shop.
Just dont want to be left behind somewhere in the future.
Dips are like gold to me.
Even just .01 of bitcoin every dip is a large one for me. Now, I can see the profits but still I dont sell.
I want more.
Wait, I am not an addicted buyer like that girl next door which loves to shop.
Just dont want to be left behind somewhere in the future.
So you are saying you are still waiting for that $1M BTC before selling? You can have make your stash bigger if you do some day trading sometimes
But well kudos for your patience, it is hard to find one when the market is so tempting and the profit is just around. Other tends to short and buy on the dip but I guess, it will be hard in the current market sentiment. 
I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.
A lot of people were saying the same thing when the price was in the $10-20k range, and look where the price is now. There's no telling how long this bear market (we're still in one) is going to last; just as a reminder, the previous one lasted for two and a half years.
thing on my mind which would be the best catalyst on ending up this very bearish market.
Regrets do always comes at last but due to price volatility it cant really be avoided not to affect your confidence on throwing out your money to invest.
I dont stop with that.
Dips are like gold to me.
Even just .01 of bitcoin every dip is a large one for me. Now, I can see the profits but still I dont sell.
I want more.
Wait, I am not an addicted buyer like that girl next door which loves to shop.
Just dont want to be left behind somewhere in the future.
Dips are like gold to me.
Even just .01 of bitcoin every dip is a large one for me. Now, I can see the profits but still I dont sell.
I want more.
Wait, I am not an addicted buyer like that girl next door which loves to shop.
Just dont want to be left behind somewhere in the future.
just as a reminder, the previous one lasted for two and a half years.
I think you may need to take a look at the charts. price drop began at the end of 2013 (December=$1100) and bottom (lowest price) was reached by the start of 2015 (January=$150) which means the actual bear market lasted a year.That's not how I would measure things. Since we are only distinguishing between bull and bear markets, it's not really fair to call an accumulation range a bull market. They are specifically not uptrends and are often characterized by lower lows such as the August 2015 crash.
In classical trading terms, Dow theory, etc. we didn't form the first signs of a bull market until October 2015. That's when we officially exited the long term bottom range, saw a weekly golden cross, and actually began forming unbroken higher highs/higher lows succession. We established previous long term resistance (the July 2015 top) as support.
In comparison, we have seen none of those things yet here. Structurally, it's still really premature to declare the bear market over. This could technically still be a correction to the bear market so we need to be patient and let time do its thing. I'm confident we will form a bullish structure and break out into a bull market. But it's not visible on the charts yet.
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
Everybody is saying that buy the dip, but we don't know when the dip happens, so we always have to have funds available in our hand and we have to spend a lot of time in front of computer watching the price movements of various coins so that when it happens we can immediately buy that coin and hold.
Exactly we cannot know that which dip is going to be the lucky draw for us. So we have to be focused on and watch the price update regularly to buy the dip and get succeed.
You can't buy dips like a retard and expect to make profit, first of all you don't have unlimited money, there have been like 10 important dips this past year and a half, you need to have some plan, simply buying every dip wont work unless you have a ton of money and even then, there is no guarantee that bitcoin will ever go back to 20k, the whole market could recover and bitcoin could become obsolete for some reason or perhaps literally die and boom, bye bye investments.
your not a retard when you buy at dips as long you know what you are doing . we dont have unlimited money on here but we can make some cash using the forum and other sites out there . we can use that money to but at the dip . the price can also go back again at 20k or more because of the increasing adoption . this why people buy and invest , they dont worry that bitcoin may dissapear or pop because its not a bubble .
Always keep a nice healthy stash of money for an emergency dip.
And sell some after an unexpected rise. Rinse and repeat and earn a few satoshis more, than just hodling. But it will work only as long as we don't enter the fomo bull run zone again.
No it wont work. If you look at it now it might seem like a good idea but in the moment it's not unless you are using some technical analysis and you take in count other factors. For instance if you look at the dip when bitcoin hit 20k it lasted 6 days, if you were looking at it in the moment you would have probably thought the first day was the end of the dip and you would have bought there, the second day of the dip was even lower so you probably thought, yep, this gotta be the bottom now and you probably bought there too, my point is if you bought every day during those 6 days, you would have ruined yourself considering it never went higher than 17k after all the dips.
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
Everybody is saying that buy the dip, but we don't know when the dip happens, so we always have to have funds available in our hand and we have to spend a lot of time in front of computer watching the price movements of various coins so that when it happens we can immediately buy that coin and hold.
Just learn support & resistances and at least make your decisions based on that. If you are long term investor and don't really care about short term price movements I guess you can just buy the dip, but that is not the right way to be investing. Look at the weekly chart if the daily is too noisy for you. lol
Sounds a a little bit greedy for me but that's okay because it conforms with the "Buy low, Sell high" principle so you are still on the right path. But of course, don't forget to ask your first, ask if you can afford to invest more and most importantly is that if you take a risk even further. If you are not sure then don't proceed despite of the advice of all the members here, it's your money so you should be the ruler of it. (Hmm, seems your decision is final already so good luck)
More power to everyone and keep Hodling.
More power to everyone and keep Hodling.
We have been dipping since $19k. Buying every dip is not really a good suggestion. But right now we are at good support zone. We might dip a bit from here. But that wouldn't be that bad. You can definitely average out by buying after dip. But going in right now is the safest bet. Right now everyone is giving their own prediction. But in reality no one really knows market will go in what direction.
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
But people prefer the worst option and that is believing Bitcoin is a bubble that's waiting to burst anytime, and because of this they are losing and whining every time Bitcoin make a recovery, even though it was and always proven that Bitcoin is the real thing and will never burst like a bubble. 
Quote
remember those who invest 3-4 years ago, how they changes their lives.
It's not the same trend that we will be facing going forward, there's an increase but not as big as those times in the early stage.
We need to ensure we have a sell target, otherwise, we will miss the best opportunity to sell.
Unnoticeable mistake is when people tend to expect a bull run like what happened last December 2017. Hodling without selling target, waiting for another ATH, that would end up hodling for a couple of years or so. Missed opportunities for not selling during bull(ish) market, like the situation today will also be unnoticed by people who are very optimistic for another ATH.
You don't need to sell the coins even at the bullish market trend. Instead of that you may roll the coins you have to another altcoins which is worth to grow bigger in the marketplace in some months or surely you believe it.
If you missed the oppurtunies to make the money with ETHEREUM this is the perfect time I believe. Convert your bitcoins to Ethereum it will take your money triple at the time next peak value.
Quote
remember those who invest 3-4 years ago, how they changes their lives.
It's not the same trend that we will be facing going forward, there's an increase but not as big as those times in the early stage.
We need to ensure we have a sell target, otherwise, we will miss the best opportunity to sell.
Unnoticeable mistake is when people tend to expect a bull run like what happened last December 2017. Hodling without selling target, waiting for another ATH, that would end up hodling for a couple of years or so. Missed opportunities for not selling during bull(ish) market, like the situation today will also be unnoticed by people who are very optimistic for another ATH.
OP, this is a bad advice to be taken hook, line and sinker. First, whoever wants to buy a dip should find out why the coin is dipping. This is very imperative. Sometimes we buy a dump mistaking it for a dip. You can't know the difference while it's happening. You might think you're lucky a correction is happening before you and want to take advantage of it but not knowing that people are cashing out. It happened to me in 2017 with Regalcoin. I bought at $65 thinking it was a dip, not knowing the coin was dumping. And that was the end of Regalcoin till date.
We are talking about Bitcoin here and not just any shitcoins out there. As of now, Bitcoin had established itself and the coins that have the most support. Bitcoin is for long. Other keep on shorting it to at least take profit during the highs and lows. So until the state of Bitcoin worsen, I believe buying during dips is a good suggestion since Bitcoin had been getting better in its use case, adoption and development ever since.
Patience is very important, bitcoin will not just rise straight up since it's not a ponzi coin, it will have a time where it dump, but it will rise afterward.
That's what I am seeing on how bitcoin is moving, the more it is dump the more it is getting stronger.
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