I partially agree with you IF Bitcoin stays down... which it could. It also might rise up again, perhaps more slowly if there is more adoption. However, "buying the dip" in of itself (not related to BTC) is often a valid strategy with experienced traders in other markets. Hasn't seemed to work out so well in the Bitcoin market yet.
Have a great day!
The Cyberius team.
Topic: "Buy the dip" is only a strategy for losers - page 3. (Read 25287 times)
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
yes, I agree with you. it's better now to monitor price movements and buying when prices go down and sell when prices rise, thus earning a profit. I hope you buy according to your ability so that when the price drops you don't lose all your money. 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
That's just what happens when the bubble bursts. I had the wrong impression and lost value but I'm still holding, I think this is not the end for BTC.
You really can't say it's as a result of less FOMO people that bitcoin has been down for a while. Buy the dip partially benefits holders because how much flat do you always have to buy the dip all of the time? The strategy benefits the whales and day traders
You know why others saying that buy when the value is low or dump because they or we experience before on that happening so that is why we keep patient and positive. We know soon it will rise again and this is not the first time that happen bitcoin is always dumping but if you have patient you will earn. Buy when the value is low and keep patient.
i know that since bitcoin came out in 2010, buy the dip is just a lie to attract new capital into the market, to achieve the stability of being a selffulfilling lie
This buy the dip strategy is hard specially for the new ones since they will have a hard time determining if its the dip or not. Its better to say buy low and sell high, you buy when the price is low then sell when it reached your target. But in this bear market, I will not set a high target like 10% or even higher. You might fall in a trap and cant recover anymore.
Right.Many have been confused about buying in dips especially for newbies.It's more easy to have buy low and sell high strategy as many of us here are really doing this.I think this strategy can be very helpful to avoid more losses with the current down market and be able to gain profits in the future once the price has reached new peaks.This strategy will only be hard to do if you don't have a capital onhand.
I will never stop buying the dip as it is one of the best strategy before the rise or moon of crypto.
Many people telling those buyer of dip are wrong or loser. but look whose talking?
They are the people who buy tokens or coins at the middle of bull run which they can't get the maximum profit.
And mostly, they are the one who left behind holding the crypto while the market are already down.
Many people telling those buyer of dip are wrong or loser. but look whose talking?
They are the people who buy tokens or coins at the middle of bull run which they can't get the maximum profit.
And mostly, they are the one who left behind holding the crypto while the market are already down.
This buy the dip strategy is hard specially for the new ones since they will have a hard time determining if its the dip or not. Its better to say buy low and sell high, you buy when the price is low then sell when it reached your target. But in this bear market, I will not set a high target like 10% or even higher. You might fall in a trap and cant recover anymore.
Buy the dip is not the strategy of losers. It is a strategy of those who take every opportunity to earn. Bitcoin has been existing and catering to the public for at least a decade. That means it has already weathered so many dips in that 10 long years of existence. And not only dips, it has also weathered deaths. But then it has also successfully broken its All Time High records one after another. And right now, we are again confronted with the same problem that existed even at the get-go. So, do not be too emotional. Do not be like a child whining every time there is a dip. It is an opportunity for a bigger take in the next days and weeks.
This strategy is used by many people. And in most cases it is very successful. Therefore, you can not call such people losers. Especially as for bitcoin, it is a good investment and people are right to buy it.
Prices fall and then rise again. It's cyclical and always has been, always will be. This is not the first time bitcoin has dropped so low that no one expected it. But after this he was able to grow again and rise to a record level of its value. Now bitcoin has fallen in price again and it will definitely rise, it's just a matter of time.
I was the one who have been hooked on "buy the dip" thing. Well, I bought bitcoin by 10k$ and since that time it never came back or gone higher.
I wouldn't be so rude as to call them loser, they are simply broad strategies that serve everyone, in any event, if you don't know more, the best thing to do is hodl, that's better than losing your money in bad investments or bad trading, that's why people recommend so much that, because if you have faith in cryptos sooner or later you will win something.
How can the dip be a new lower level for bitcoin if the coin was from less than a dollar?
dip is just an ordinary thing in the crypto market even in stock exchange,
all we need is to calm down and make sure everything will be okay with our own strategy,.
dip is just an ordinary thing in the crypto market even in stock exchange,
all we need is to calm down and make sure everything will be okay with our own strategy,.
Every investor understands the risk factor involved in the business of his or her choice, there exist no business that doesn't possess any risk and note "it is risky not to take risk" so for bitcoin it's not exemption, buying the dip is for sure a stretegic move in crypto currency because prices will always bounce back it's just a question of time and patience.
Well personally I won't advice buying the deep but to wait for more favourable days but most importantly don't be in a rush to make hasty decisions
As long as you can make profit buying from dip, it's ok IMO. Why is it for loser if you can make money from that?
although it's a strategy for losers, but if it brings profits it doesn't matter. Good investors do not prioritize strategies for anyone, as long as they give profit use the strategy. I also if trading uses a different strategy, which is important profit.
But it has to really go up for it to be considered a strategy that will give you profits instead of losses, hence he calls it losers. Plus all those 'believers' always say this like they are some kind of god in predicting the current bitcoin and altcoins prices, even when they clearly don't know what's up.
Can't take the chances that most of us aren't have enough knowledge in crypto. Many people were investing Bitcoin just to think of easy money and a continuous increase of its value but they don't think what if the market value will sudden drop just like now. Of course, they are absolutely losing their money, and it might be enough to give them realization on crypto and how risk it is.
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