"Buy the dip" is only a strategy for losers - page 7.

Savemore

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Quote from: seoincorporation on December 02, 2018, 10:47:16 AM

Quote from: freightjoe on December 02, 2018, 09:39:39 AM

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

LoL, you talk like if bitcoin price only goes one way, let me introduce you to my friend 'The bump', that's when bitcoin price goes up, because price rise sometimes, not everything is crash.

The point here is, how dip is the dip, we can't be sure how down goes the crash, so speculation is always another bet.

That is one of the hardest when we are planning to buy bitcoin, if the price goes down; we do not know if the dip will dip more or it will now bump. Speculations of bitcoin is not easy as they think.

ardhigalau

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I think it's just words that are made by people who want to make profits, when he gets a profit on certain coins, he will say "calm down, buy when the price of dip and you will be rich".

mahibul49

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i think your idea is wrong .only weak hand will lose bcz strong hand buy and hold for long term .they doesnt care about price dump and sometime accumulating is good idea too.

coinnumber

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Quote from: freightjoe on December 02, 2018, 09:39:39 AM

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

I think you are wrong here, because I believed buying and hold at the dip is a thing that has proven as a big advantage to many investors So I don't see it as a strategy for losers besides investment is for high risk takes. Secondly I think you should go and check on Bitcoin price because the idea of saying that bitcoin is always going down and never get balanced again is totally unacceptable by me.

Vickyrichy

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I don't think i agree with you on this. why should you think buying when the market is down is a strategy of a loser. Bitcoin investment is all about taking advantage of the market when there is a dip in the market to allow you make some amount of profit.

naufals4

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all of that back to you want to believe to buy at dip, because this bitcoin is volatile, indeed if you buy at dip maybe a few moments later there could be a lower price, all that can happen. for me bitcoin is a long-term investment so you only need to buy bitcoin and leave it for several years

squatz1

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Flying Hellfish is a Commie

Buying the dip is only a strategy for losers when it doesn't work, and it's a strategy with winners when it works. The price can go up, or it can go down.

When it comes down to the price increases and decreases, both sides have their own fighting going on about why they think this is temporary, and the other side thinks that this is just the beginning of the end. Obviously, the bulls are going to point to the fact that the price has gone through this sort of thing multiple times before -- and the price HAS been able to blow past the previous ATH.

Though, the bears are going to point to the fact that this time is different and Bitcoin is practically a household name at this point. Everyone who could have invested in it (or lets just use the real term, speculated) have already gotten in and lost money.

Who knows what way it's going to go.

loveinberlin

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I am one of those who still believe that the situation with btc is temporary and it will become much more widespread with time. Time is needed and soon everything will change

yugyug

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It is still a matter of timing and luck, when an investor buy bitcoin in a dip mode it does not mean that he is a loser but it is a good buy for a good position and waiting for a good opportunity for a bitcoin to bull run. Buying in a dip requires patience for a good gain.

maryanlukuts

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Yes. It not a bad solution for all losers. We know the BUY option is one of the most famous and very interesting methods in here. Personally, I have buy tokens and I have gained massive profits from it. At this time is perfect to buy tokens because the all tokens price are very low. Especially this time is very helpful to losers because they can buy more altcoins at this dip and sell it after recovering the market.

freightjoe

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Quote from: Slow death on December 03, 2018, 10:18:30 AM

Quote from: freightjoe on December 02, 2018, 09:39:39 AM

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Quote from: freightjoe on December 02, 2018, 09:39:39 AM

"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

Name: freightjoe
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Date Registered: August 05, 2017, 11:19:19 AM
Last Active: Today at 03:02:52 PM

Wow, here's your first post:

Quote from: freightjoe on November 15, 2017, 07:10:25 AM

Wow how this forum is an unbelievable echo-chamber fueling one big ponzi scheme. Bitcoin as a currency, give me a break. A currency where it takes days to clear payments unless you pay massive fees - fees that are hostage to whatever vagaries the miners have? And if you don't, you are left in limbo where you have no idea whether it takes minutes, hours or days to move your money? A currency which is heavily impacted by "civil wars" with rival crypto currencies? A "currency" even less stable than the former Zimbabwean dollar. Don't get me wrong - the other crypto "currencies" equally well fit the ponzi scheme.

It is abundantly clear from reading in here for quite a while that the vast majority of people speculating in here are simply pinning all their hopes and dreams on the notion that these tulip bulbs - sorry tokens - can only rise in value. Sorry to say, but some people are going to get hurt badly eventually....

and you stayed here in the forum for a year to spread your poison:

Quote from: freightjoe on December 03, 2018, 09:42:42 AM

You are correct

The problem is that many Bitcoin "investors" in here are either too stupid to understand they have been scammed, or are too ashamed to admit it.

Instead, like a sultry 4-year old, they stomp their feet and cry "FUD" and "Buy the dip" and "HODL"

Quote from: freightjoe on December 03, 2018, 09:36:55 AM

"bitcoin is a scam, to separate morons from their money " - that is the best quote posted in this site in a long time !!

if you do not like bitcoin and think it's scam, then what the hell are you doing here in the forum? why are you wasting your time with people you think are stupid? take a vacation, go travel and forget this forum because you can end up having a fit of nerves, let people like me who like bitcoin stay here in the forum discussing about bitcoin

What are you complaining about - I was right wasn't I ?

It was correct it was a bubble that ended badly

It has been correct all through the year that "buy the dip" only guarantees more losses

Why do you call something that is factually correct for "poison"?

Seems you can't handle reality.....

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: freightjoe on December 02, 2018, 09:39:39 AM

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Quote from: freightjoe on December 02, 2018, 09:39:39 AM

"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

Name: freightjoe
Posts: 717
Activity: 224
Merit: 103
Position: Full Member
Date Registered: August 05, 2017, 11:19:19 AM
Last Active: Today at 03:02:52 PM

Wow, here's your first post:

Quote from: freightjoe on November 15, 2017, 07:10:25 AM

Wow how this forum is an unbelievable echo-chamber fueling one big ponzi scheme. Bitcoin as a currency, give me a break. A currency where it takes days to clear payments unless you pay massive fees - fees that are hostage to whatever vagaries the miners have? And if you don't, you are left in limbo where you have no idea whether it takes minutes, hours or days to move your money? A currency which is heavily impacted by "civil wars" with rival crypto currencies? A "currency" even less stable than the former Zimbabwean dollar. Don't get me wrong - the other crypto "currencies" equally well fit the ponzi scheme.

It is abundantly clear from reading in here for quite a while that the vast majority of people speculating in here are simply pinning all their hopes and dreams on the notion that these tulip bulbs - sorry tokens - can only rise in value. Sorry to say, but some people are going to get hurt badly eventually....

and you stayed here in the forum for a year to spread your poison:

Quote from: freightjoe on December 03, 2018, 09:42:42 AM

You are correct

The problem is that many Bitcoin "investors" in here are either too stupid to understand they have been scammed, or are too ashamed to admit it.

Instead, like a sultry 4-year old, they stomp their feet and cry "FUD" and "Buy the dip" and "HODL"

Quote from: freightjoe on December 03, 2018, 09:36:55 AM

"bitcoin is a scam, to separate morons from their money " - that is the best quote posted in this site in a long time !!

if you do not like bitcoin and think it's scam, then what the hell are you doing here in the forum? why are you wasting your time with people you think are stupid? take a vacation, go travel and forget this forum because you can end up having a fit of nerves, let people like me who like bitcoin stay here in the forum discussing about bitcoin

jagdeepjd

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Activity: 700

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Quote from: freightjoe on December 02, 2018, 09:39:39 AM

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

Using the words like fool shows you are among those frustrated bitcoin buyers who bought at the peak of it in December 2017. However, I agree with you buying the dip is not helping as bitcoin is making new lows but I must tell you this the rule of investing buy low sell high and if you find this statement foolish then something is wrong in your investment style. I am not advocating to buy bitcoin here but I do believe this downtrend cycle will end and there will be uptrend for sure it may take some time though.

rudox

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At times buying the dip works perfectly well if you are not greedy. The cryptocurrency market has a pattern of behavior which is once a new low is made there will be correction which will make the price go up. If you are not greedy you sell off at the emergence of the new trending price and leave the market for it to make another low before you enter again to take another small change.

FedorIzmailov

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I do not think that this money has already been lost since Bitcoin has always returned and I see no reason not to do it again.

bitfocus

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buy the dip is profitable from a investor's viewpoint, especially, when such an investor has huge idle cash, and he/she is in deep into investing. but for others, buy the dip is suicidal especially for the traders and those people who bet like hell on the investment.

freightjoe

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Quote from: Reid on December 02, 2018, 09:51:07 PM

Looks like we got a hater here who bought at a 19k usd price. That is so sad.

Anyway, you could always wait if you are that patient but I dont think you are since you are way taken by your madness now.

Could it be that you have already sold your bitcoin in exchange for a dusty altcoin just so you could come back.

I do buy the dip and I dont regret it every single penny I used for every satoshi I can accumulate.

You are just too much in a hurry for your ROI which will never happen even in 5 years.

You will probably be better off the crytpo industry.

You surely are not too bright. I have warned against this ever since the peak - and all warning have been correct. Only fools such as you ignore it and choose to live in a delusional bubble not willing to admit you have lost your money

nicster551

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Quote from: freightjoe on December 02, 2018, 09:39:39 AM

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! Truly is a wrong advice for everyone to do in a bear trend since you'll never know when will it come back.

Babyjamz3026

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Bitcoin is not strictly a bubble because everyone was told from the beginning that its survivability depends on the demand for it. This demand being hype and people believing in it. It's much like divine power in D&D, the more people believe in a god, the more this god has over the lives of his or her believers.

butcherme

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Merit: 18

Buying dip isn't a losers strategy they are only taking the risk in order to gain profit,
Besides it is how they want to play it we all have our own way on how we would earn in crypto currency.

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