Topic: "Buy the dip" is only a strategy for losers (Read 25225 times)
Stop bumping this asshole’s threads. He’s a troll & loves to ridicule bitcoin. This thread needs to be nuked.
Buy the dip can be a good strategy for bitcoin when price goes low and low and for other top coins, as someone say on their video buy on red sell on green and this can be a win strategy and people can make profit for top coins.
Buying the dip is a smart move but you should never go all in on any price level. Always keep some cash available and level in your buys in case it drops lower.
That's what beginners thought about bitcoin. I was once a noob and that was what I believe before. Not until I discover technical analysis. And yeah you were right, if it hit the lowest price it just means that it is possible that it will have another dip. And we can not blame newbies in cryptocurrency. We all experienced being noob before and i must say that it is a part of growing up in crypto world.
Sounds like a better plan for me though than follow fomo. Even if you do TA, it'll always end up better when you when the price drops. Even if it does drop some more. They key is to have an exit plan as well that's well above the amount you bought in. It might sound cliche but i don't think it's a bad idea to get in the market during low value times.
That's what beginners thought about bitcoin. I was once a noob and that was what I believe before. Not until I discover technical analysis. And yeah you were right, if it hit the lowest price it just means that it is possible that it will have another dip. And we can not blame newbies in cryptocurrency. We all experienced being noob before and i must say that it is a part of growing up in crypto world.
We see it every time Bitcoin goes to a new lower level.
Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"
Reality is that every dip is a new lower level - and after that comes another dip...and another.
In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.
Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost
Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"
Reality is that every dip is a new lower level - and after that comes another dip...and another.
In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.
Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost
Not totally. Any moment, the sentiment can change with just a couple of good news. That's what those folks who buy the dips are waiting for. Their mindset is that every new levels of low is an opportunity to hoard more and then wait for that right moment where everything is reversed.
Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
Cool so no pump from now on?
Then it means stable price as BTC inflation is ridiculously low.
So even if adoption was not growing (which is wrong, adoption is increasing right now) price should still move up.
Well I'm glad to buy the dip. But do as you want.
just don't come crying once we're at 100k
We see it every time Bitcoin goes to a new lower level.
Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"
Reality is that every dip is a new lower level - and after that comes another dip...and another.
In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.
Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost
Your analysis only center on demand pull inflation without taking some other factors that was among the factors that led to increase in the market value of Bitcoin and crypto currency in general. Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"
Reality is that every dip is a new lower level - and after that comes another dip...and another.
In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.
Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost
Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost
I am not in fond of the "Buy the dip" strategy. I never do it because as you said you never know which is the 'Dip'. However, I believe that the price is going to pump again (i don't know if this is going to happen as the old standards and reach $20k but it will pump). There is a lot of amount of people that is still not involved in crypto and they don't know how the ecosystem works.
We see it every time Bitcoin goes to a new lower level.
Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"
Reality is that every dip is a new lower level - and after that comes another dip...and another.
At the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.
Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost
Yes, it is true but bitcoin gets low value not just only because of those whose selling their bitcoin when the price is in good value. It is also because of those scammers who make business to those big investors who believe to those scammers that their money will get double or will get triple. Yes, we buy in dips because we believe that it is really a good time to buy or to invest but we don't have any assurance that bitcoin value will get back again so that, you are saying that many people are fool, well, it is already their decisions and strategy to get profited when it comes in investing or buying bitcoins. I don't see that they are losers in that strategy or decision that they make. It is what they want so lets just respect them and make your own strategy. Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"
Reality is that every dip is a new lower level - and after that comes another dip...and another.
At the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.
Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost
We have different startegy and it's up to you and it's up to me what startegy did I follow when I thibk what is the best for my money.
Probably if that's the best strategy to buy during the dip, then why not grab the opportunity. Besides, if we do have a stagnant money which used by the banks and you've earning very low interest annually maybe it should be used for crypto investments buying promising coins while the dip was still there. Nothing wrong investing during bearish market as long you'll be able to hold it for longer terms, and don't listen to those bashings saying it's a loser strategy. Once you're going to be successful everyone of them will be shutting they're mouth off.
We have different startegy and it's up to you and it's up to me what startegy did I follow when I think what is the best for my money. Startegy is not always work depends on the situation. Strategy means giving you possible earn bur better to learn what is tsrategy is best for you and profitable.
So basically the OP had never heard of Bitcoin before 2017 and his entire argument is dependent on the current temporary bear market.
Buy the dip has always worked for Bitcoin. If you ain't buying the dip you're missing out on making a lot of money.
Seems like OP is not happy about this bearish market which makes him whine because he can't spend it yet instead of buying. The year 2017 was the time of bullish market and yet after a new year in 2018 the market went down back to where we are right now, it goes deeper and deeper until it meets the bottom.Buy the dip has always worked for Bitcoin. If you ain't buying the dip you're missing out on making a lot of money.
Lol. I wonder when's the best time then? Follow the buy high sell low principle? Something that a lot of newbie traders have been heeding all throughout 2018 😛
So basically the OP had never heard of Bitcoin before 2017 and his entire argument is dependent on the current temporary bear market.
Buy the dip has always worked for Bitcoin. If you ain't buying the dip you're missing out on making a lot of money.
Seems like OP is not happy about this bearish market which makes him whine because he can't spend it yet instead of buying. The year 2017 was the time of bullish market and yet after a new year in 2018 the market went down back to where we are right now, it goes deeper and deeper until it meets the bottom. Buy the dip has always worked for Bitcoin. If you ain't buying the dip you're missing out on making a lot of money.
So basically the OP had never heard of Bitcoin before 2017 and his entire argument is dependent on the current temporary bear market.
Buy the dip has always worked for Bitcoin. If you ain't buying the dip you're missing out on making a lot of money.
Buy the dip has always worked for Bitcoin. If you ain't buying the dip you're missing out on making a lot of money.
We see it every time Bitcoin goes to a new lower level.
Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"
Reality is that every dip is a new lower level - and after that comes another dip...and another.
In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.
Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost
Of a truth I am not in support of this buying the dip phenomenon and I prefer trading base on technical and fundamentals issues. Traders are lossing money because of buy the dip and when bitcoin goes down further they have to buy again and further increase their loses. I strongly believe that that is the major reason why we are having a very bad trades and the reason why Many traders are always in red. Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"
Reality is that every dip is a new lower level - and after that comes another dip...and another.
In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.
Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost
The best way to trade is to buy at the right time and sell at the right time by using the technical and fundamentals indicators.
That's why some have to ask the real bottom instead of buying the dip because it will not getting any especially if the market is still in the bearish trend. But it is better to just buy something while it is still in dip rather than buy when it is almost at the peak, we never know how would the market move without us noticing it. Though it can be shown in the chart after that movement.
Entire thread is filled with some comments that have no logic. "Buy the dip" is the best moment for buying, you feel lucky when you buy and turns out to be bottom, but the one who always buy on the dip is the luckiest person in the universe, or manipulator. Learn the basics before you start doing something!!! It`s even very easy to find definitions about trading:
What is resistance and support in trading?
In market technical analysis, support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse. These levels are denoted by multiple touches of price without a breakthrough of the level.
A support or support level is a financial term that refers to the price level that historically a stock does not fall below. Buyers tend to purchase the stock at this level.
If price broke your support, buy support is what you do. You need to touch that bottom, maybe you will hit it sometimes, but many times you will buy and price will drop more, buy more.
Crypto is new ground for many people, price is doing the same thing for years, but guess what numbers are just getting bigger and bigger, make your own conclusion.
What is resistance and support in trading?
In market technical analysis, support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse. These levels are denoted by multiple touches of price without a breakthrough of the level.
A support or support level is a financial term that refers to the price level that historically a stock does not fall below. Buyers tend to purchase the stock at this level.
If price broke your support, buy support is what you do. You need to touch that bottom, maybe you will hit it sometimes, but many times you will buy and price will drop more, buy more.
Crypto is new ground for many people, price is doing the same thing for years, but guess what numbers are just getting bigger and bigger, make your own conclusion.
no need to buy bitcoin in a bear market as most likely you will lose your money
You're certainly not a trader nor have interest with the market. There's always money around crypto even we are in the bear season, only you have to strategies and find ways for that. Buying high potential coins is a smart choice, keep it for awhile and you'll see it makes you profitable when market turns into bullish trend again. no need to buy bitcoin in a bear market as most likely you will lose your money
You're certainly not a trader nor have interest with the market. There's always money around crypto even we are in the bear season, only you have to strategies and find ways for that. Buying high potential coins is a smart choice, keep it for awhile and you'll see it makes you profitable when market turns into bullish trend again. This is the perfect time of buying bitcoin because the bottoming is indeed,and you can’t have this chance when the prices starts to gain each potential again
Jump to: