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Topic: Buy the DIP, and HODL! - page 640. (Read 130635 times)

hero member
Activity: 2912
Merit: 556
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April 17, 2019, 08:04:38 AM
#12
It is hard always to buy the dip because we don't know when the dip is coming. But we have a chance to buy after the dip is coming but still buying in the dip will always give us a big chance to make a big profit later. I always try to buy every dip, and I try to place at a very lower price, but as I said before, I am not too often to get the lowest price, but it's not a problem for me because I can get a lower price.

Perhaps, after I bought the coin, the price will down in 2-3 times then it start to increase so at least I still get a chance to make a profit after a few hours. But if the price is moving so fast, then my chance to make a profit will bigger because I don't have to wait for a long time. That is why we need to place the order buy in many places especially in every lower price so we could get the lowest price to buy.
sr. member
Activity: 882
Merit: 269
April 17, 2019, 08:01:09 AM
#11
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

That is it and you have really give a good advice.  I think we are going to have another trading cycles soonest and buy when bitcoin or others coins goes down again is the right things to do. I wish we understand all the investment opportunity in cryptocurrencies market and takes the advantage of it and makes money.
full member
Activity: 2520
Merit: 214
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April 17, 2019, 06:57:10 AM
#10
Buying every dip is easy to say, but difficult to identify the dip (for me at least!)
Well you don’t need to identify the dip instead you must trust the coin if this will recover or not but for sure you know the answer about my point
Quote
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!
Never put this in your mind since bitcoin is not for short term trading meaning if you purchase this coin the you must be ready for the rollercoaster ride of the value of this great coin
legendary
Activity: 3710
Merit: 1170
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April 17, 2019, 06:12:36 AM
#9
Can you though ? Like can you really know when you are at the dip ? Maybe we are at the biggest dip we will have forever ?

Maybe bitcoin will skyrocket tomorrow and will never come back to this prices ever in history of bitcoin, you may think that is impossible but people who waited for a dip at 1400 at the same idea as well, the price went down a lot and they waited for it to go down even more and when it started to go back up they waited for it to go back down but the price only kept going up and never seen those numbers again.

That is why buying every dip is a good suggestion but its never something easy that you can do yourself without ever knowing when you are at the dip, execution is much more difficult than the advice. I agree with the idea but I have failed on the execution multiple times.
sr. member
Activity: 1666
Merit: 276
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April 17, 2019, 05:34:07 AM
#8
With bitcoin as well rest of the altcoins every dip is an opportunity to make an investment. Very few make use of this while majority of the users just keep hold of the assets for the bull trend. To make a good profit out of bitcoin it is a must to move along with the market than just holding focusing on targeted growth.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
April 17, 2019, 05:00:23 AM
#7
there are only two viable strategies for those accumulating bitcoin in my opinion.
- you either consider yourself a trader which means you have to be buying the dips and each time you see a good opportunity like the correction after we hit $5500.
- or you are just dumping your fiat every time you have some extra laying around and turning it into valuable bitcoin. in which case it really doesn't matter when you buy specially since that strategy is a long term one and whether you buy at $5000 or $5500 doesn't make much difference when price goes up in long run as it doesn't matter if you bought at $220 or $240 back in 2015 now that price is 25 times more!!!


It matters. Buying the dip is more efficient, you can buy more, and it supports the price whenever the whalecumulators are dumping hard on our faces. Enjoy the aroma, sooner or later they'll find out that selling is a mistake. Cool

of course everyone wishes to get the best offer possible when they are buying anything specially as an investment but as in investor you don't have that luxury all the time. for example imagine you were putting something like 5% of your paycheck every month into bitcoin. when you get paid you can't just sit around waiting for a dip to occur to buy bitcoin with it, you just buy it because waiting around can mean a rise or not change at all too.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
April 17, 2019, 04:24:12 AM
#6
if the majority of investors were wise instead of panicky then we would have never had big whales as we do now and we would have never had such unrealistic drops to such low prices that make your head spin Roll Eyes

the problem is that most people prefer listening to FUD and then panic buying when it is already getting late like what we had in the past weeks that they didn't buy when price was in $3k and i was saying this is not just the bottom it is below bottom but then they started panic buying when it got close to $5k!!!
legendary
Activity: 2898
Merit: 1823
April 17, 2019, 04:06:08 AM
#5
there are only two viable strategies for those accumulating bitcoin in my opinion.
- you either consider yourself a trader which means you have to be buying the dips and each time you see a good opportunity like the correction after we hit $5500.
- or you are just dumping your fiat every time you have some extra laying around and turning it into valuable bitcoin. in which case it really doesn't matter when you buy specially since that strategy is a long term one and whether you buy at $5000 or $5500 doesn't make much difference when price goes up in long run as it doesn't matter if you bought at $220 or $240 back in 2015 now that price is 25 times more!!!


It matters. Buying the dip is more efficient, you can buy more, and it supports the price whenever the whalecumulators are dumping hard on our faces. Enjoy the aroma, sooner or later they'll find out that selling is a mistake. Cool
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
April 17, 2019, 02:43:19 AM
#4
there are only two viable strategies for those accumulating bitcoin in my opinion.
- you either consider yourself a trader which means you have to be buying the dips and each time you see a good opportunity like the correction after we hit $5500.
- or you are just dumping your fiat every time you have some extra laying around and turning it into valuable bitcoin. in which case it really doesn't matter when you buy specially since that strategy is a long term one and whether you buy at $5000 or $5500 doesn't make much difference when price goes up in long run as it doesn't matter if you bought at $220 or $240 back in 2015 now that price is 25 times more!!!
member
Activity: 980
Merit: 62
April 17, 2019, 02:11:15 AM
#3
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!
legendary
Activity: 1806
Merit: 1521
April 17, 2019, 01:42:22 AM
#2
Society is still pretty skeptical of Bitcoin, which is a good thing. It means we're still in the early adoption phase and we probably have a couple more of these cycles left. Once it becomes obvious to everyone, it's unlikely to keep repeating. At that point I expect the trajectory to change. Either we'll enter a bearish supercycle and adoption will wane, or we'll enter the vertical phase of an S-curve and price/adoption will rise much faster than ever before.

In the S-curve scenario, I think 8-figure USD valuations for BTC are possible, and probably a lot sooner than most people around here would expect too.
legendary
Activity: 2898
Merit: 1823
April 17, 2019, 01:07:48 AM
#1
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

Always zoom out if in doubt, https://bitcoin.zorinaq.com/price/
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