Buying more of the Dip | Bitcointalksearch.org

Zanab247

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Quote from: Fiasem20

The dip as most investors will say it's the right time to accumulate BTC.But regardless the dip investors can still accumulate with the DCA strategy instead of waiting for the dip.El Salvador has been taking advantage of the dip and the country has stand out to promote the use of Bitcoin which is challenging to those countries that are fighting against the use of Bitcoin.El Salvador accumulation of Bitcoin cannot be measured to an individual because El Salvador is country,the country might use all it takes to accumulate BTC,they might use the wealth of their nation or resources to accumulate more of the dip with the expectation of ROI.

The dip is the best way to use small money to buy plenty BTC, which you can see the way people are rushing to the market to buy BTC or altcoins whenever the price dump in the market because they know that the price can pump at anytime for them to gain from their hodling.

El Salvador government has made BTC popular in their countries, because they made their people to know that there are benefits of investing in BTC or altcoins because the government have tested it before to make huge amount of money to create more development in their country.

I believe other countries will join El Salvador country to accumulate BTC in this bear season, because their eyes have open to see the benefits which it can help a country to reduce poverty.

laijsica

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Quote from: CK485 on May 29, 2024, 07:43:40 PM

Quote from: Nothingtodo on May 28, 2024, 07:52:12 PM

It is not possible to say for sure when the market will dip, but if you invest in an average dip, there is definitely a chance of getting profit in this case, but all funds should not be invested in one dip. When all the funds are invested together in the market and later on if the market goes into a deeper position, if there is no fund to reinvest, it will not be possible to get much profit on the investment. In this case you must choose DCA method of investing.

if at all we want to have more profit by investing the entire amount at once we will get a lot of profit, but note that we have to be prepared to take the risk of loss and that inevitably leads to loss of money by always ensuring that when selling at a higher price than the original purchase price by implementing a strategy By conducting research studies first to get better profits from the investment.

Well, but you need to be sure whether the currency you are buying is actually sinking or how likely it is to trend upwards later. If you have a lot of money you can decide to invest in a lump sum which is good for long term. But you can proceed with timely decision in investing in each currency. Apart from this, you can plan to deposit some coins every month as per your ability which can be averaged by long term management which will make your portfolio look healthy and you can get high profit in future. Your overall investment goals should be managed over time as value investing decisions are a hindrance to high returns.

CK485

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Quote from: Nothingtodo on May 28, 2024, 07:52:12 PM

It is not possible to say for sure when the market will dip, but if you invest in an average dip, there is definitely a chance of getting profit in this case, but all funds should not be invested in one dip. When all the funds are invested together in the market and later on if the market goes into a deeper position, if there is no fund to reinvest, it will not be possible to get much profit on the investment. In this case you must choose DCA method of investing.

if at all we want to have more profit by investing the entire amount at once we will get a lot of profit, but note that we have to be prepared to take the risk of loss and that inevitably leads to loss of money by always ensuring that when selling at a higher price than the original purchase price by implementing a strategy By conducting research studies first to get better profits from the investment.

bastian466

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Quote from: Vickysagar on April 18, 2024, 05:40:29 AM

Quote from: Saucemann on April 18, 2024, 05:36:08 AM

While you are scared, El Salvador keeps buying the dip every day.

it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency.
anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too

what are your thoughts on this Anon ?

Well, good for them I suppose. Currently, I still prefer buying altcoins. That's a dip, but it doesn't feel like BTC is cheap now, when I was buying it below $20,000 last year. I'm not saying that it's a bad idea to buy it now, but I chose another path.

Different paths are normal because strategies and beliefs always come in various types, but many people believe that the longer Bitcoin takes or after the phenomenal halving, there will be a new all time high price like what happened before, so there is no harm in buying or adding crypto assets at this very moment

Magic-Money

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It is time to make research on alt-coins to buy more, base on the dip current market price cryptocurrency are passing through which the Bull Run market is at the right corner to take place and is good to make the use of the opportunity wisely as a smart investors.

lombok

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Quote from: AnonBitCoiner on May 29, 2024, 12:34:08 PM

Quote from: Nothingtodo on May 28, 2024, 07:52:12 PM

It is not possible to say for sure when the market will dip, but if you invest in an average dip, there is definitely a chance of getting profit in this case, but all funds should not be invested in one dip. When all the funds are invested together in the market and later on if the market goes into a deeper position, if there is no fund to reinvest, it will not be possible to get much profit on the investment. In this case you must choose DCA method of investing.

We should not invest all amounts at once and also we should not sell all our assets at once because this can lower our benefit and increase the risk of losing money. Invest at different values which can provide you profit with different percentages if you also apply the same strategy during the selling of your hold coins.

We don't know whether the market will pump or dump but it is necessary to take a forward step towards buying and selling based on the market conditions as well as on our chance of winning. DCA can help you in such situations but if someone accepts this methodology and always makes sure that you have to sell at the price which is more than the price at which you have purchased.

We have to look at what coin is used as a place for investment. If Bitcoin then I would agree to invest all the assets we have in Bitcoin. We know that Bitcoin has a very limited supply. If this investor doesn't have much time to look at exchange places then by investing in Bitcoin with all the money you have then it is a very good choice.

AnonBitCoiner

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Quote from: Nothingtodo on May 28, 2024, 07:52:12 PM

It is not possible to say for sure when the market will dip, but if you invest in an average dip, there is definitely a chance of getting profit in this case, but all funds should not be invested in one dip. When all the funds are invested together in the market and later on if the market goes into a deeper position, if there is no fund to reinvest, it will not be possible to get much profit on the investment. In this case you must choose DCA method of investing.

We should not invest all amounts at once and also we should not sell all our assets at once because this can lower our benefit and increase the risk of losing money. Invest at different values which can provide you profit with different percentages if you also apply the same strategy during the selling of your hold coins.

We don't know whether the market will pump or dump but it is necessary to take a forward step towards buying and selling based on the market conditions as well as on our chance of winning. DCA can help you in such situations but if someone accepts this methodology and always makes sure that you have to sell at the price which is more than the price at which you have purchased.

CK485

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Quote from: laijsica on May 29, 2024, 02:31:21 AM

Yes, altcoins require a lot of research before investing because most projects don't know how to take care of investors and don't even take enough measures to increase the value of the coins at all. Adequate research towards currency development team and market cap can play a big role in your decision making.

It's true that at the beginning when investing is very important when we start, we have to do a lot study of research so that we can prepare everything from the start so that the chances of making a profit can be better, so far this has proven to be successful, basically they put a lot of money in to enrich themselves, but that's true. Everything can be realized because this is what many people want to know.

laijsica

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Quote from: BRINIRHA on May 28, 2024, 09:10:55 PM

When we trust an investment instrument, of course we will continue to accumulate when the price falls. El Salvador did it because they were accumulating bitcoin for the long term. I also think that bitcoin is worth continuing to collect if we are going to keep it for the long term.

but about altcoins we have to be more careful. we have to be clever at finding out which projects are good. and I prefer to enter from projects that are quite new but they have good fundamentals. and I will only collect it at the beginning of the project there. If possible, participating in presale is sometimes also very profitable. as long as we have researched it well.

Yes, altcoins require a lot of research before investing because most projects don't know how to take care of investors and don't even take enough measures to increase the value of the coins at all. Adequate research towards currency development team and market cap can play a big role in your decision making.

Ben Barubal

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There are many people who are really obsessed with Bitcoin in this era. Think of the financial institutions that are investing in it as long as they have the opportunity to buy Bitcoin so far.
Take note that these are not just companies, but really big companies that are allocating millions of dollars just for Bitcoin.

If only these rich people are allocating a budget for bitcoin and we should also be small people or poor people, we should save at least a little so that we also have savings in the future, right?

BRINIRHA

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When we trust an investment instrument, of course we will continue to accumulate when the price falls. El Salvador did it because they were accumulating bitcoin for the long term. I also think that bitcoin is worth continuing to collect if we are going to keep it for the long term.

but about altcoins we have to be more careful. we have to be clever at finding out which projects are good. and I prefer to enter from projects that are quite new but they have good fundamentals. and I will only collect it at the beginning of the project there. If possible, participating in presale is sometimes also very profitable. as long as we have researched it well.

Nothingtodo

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It is not possible to say for sure when the market will dip, but if you invest in an average dip, there is definitely a chance of getting profit in this case, but all funds should not be invested in one dip. When all the funds are invested together in the market and later on if the market goes into a deeper position, if there is no fund to reinvest, it will not be possible to get much profit on the investment. In this case you must choose DCA method of investing.

Mate2237

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Quote from: Fiasem20 on May 27, 2024, 03:48:52 PM

The dip as most investors will say it's the right time to accumulate BTC.But regardless the dip investors can still accumulate with the DCA strategy instead of waiting for the dip.El Salvador has been taking advantage of the dip and the country has stand out to promote the use of Bitcoin which is challenging to those countries that are fighting against the use of Bitcoin.El Salvador accumulation of Bitcoin cannot be measured to an individual because El Salvador is country,the country might use all it takes to accumulate BTC,they might use the wealth of their nation or resources to accumulate more of the dip with the expectation of ROI.

The DCA method is very good for those who are working and having income daily, weekly and monthly. And if anyone is not having extra income then the DCA strategy is not good because you can't invest all you have at once ND wait for another time when you will have money again. But id you are having extra income then you can divide your income into two ND invest in it with a part and use the remaining part to survive in the period. When another day to invest the. You do the same thing.

Every good investors recognize the dip and invest in it and hodle it for the next bull market and the All Time High.

justdimin

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Quote from: Godday on May 28, 2024, 03:49:38 AM

Quote from: laijsica on May 28, 2024, 02:03:32 AM

El Salvador buying only at DIPS prices or a mixture of different prices prefers to holding their bitcoins here because Nayib Bukele can be aware of the future price of bitcoins so he has adopted a strategy of constant storage. But they can have a DCA management strategy instead of just waiting for dips which is definitely tempting to take impossibly big profits.Today's Bitcoin accumulation strategy is marked as dips for the future.

As far as I know El Salvador uses the DCA method and some other methods but they don't buy just on the dip. El Salvador has an average purchase of $30k-$40k if accumulated and this means they have created a 100% profit for the country. I remember many criticized El Salvador when they tried to buy Bitcoin in 2021 at the time of ATH and they had to endure 3 years of criticism from people who said they had bought at a very high price at that time.

Yep they do, there are days when the taxes are paid, so when that happens they just collect it all together and just calculate how much they can put towards bitcoin. Their DCA method is not weekly like a person, or even monthly, it could be a little longer than that, they basically put money into bitcoin whenever they can.

This has proven to work so far, and they have made some profit, not a lot but at least some profit. They are showing the world that instead of having gold at their vaults, they could just have bitcoin and that would definitely end up being something much better. This should be the way to go, and I do think other nations should see how El Salvador is doing and replicate what they are doing as well.

woez

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Quote from: Godday on May 28, 2024, 03:49:38 AM

As far as I know El Salvador uses the DCA method and some other methods but they don't buy just on the dip. El Salvador has an average purchase of $30k-$40k if accumulated and this means they have created a 100% profit for the country. I remember many criticized El Salvador when they tried to buy Bitcoin in 2021 at the time of ATH and they had to endure 3 years of criticism from people who said they had bought at a very high price at that time.

Today BTC price has also been corrected from 70K down to 67.9K. I think we can also apply the same pattern, namely DCA, only the amount of money is different when we buy it. They are big, we are just personal.

Godday

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Quote from: laijsica on May 28, 2024, 02:03:32 AM

El Salvador buying only at DIPS prices or a mixture of different prices prefers to holding their bitcoins here because Nayib Bukele can be aware of the future price of bitcoins so he has adopted a strategy of constant storage. But they can have a DCA management strategy instead of just waiting for dips which is definitely tempting to take impossibly big profits.Today's Bitcoin accumulation strategy is marked as dips for the future.

As far as I know El Salvador uses the DCA method and some other methods but they don't buy just on the dip. El Salvador has an average purchase of $30k-$40k if accumulated and this means they have created a 100% profit for the country. I remember many criticized El Salvador when they tried to buy Bitcoin in 2021 at the time of ATH and they had to endure 3 years of criticism from people who said they had bought at a very high price at that time.

laijsica

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Quote from: Fiasem20 on May 27, 2024, 03:48:52 PM

The dip as most investors will say it's the right time to accumulate BTC.But regardless the dip investors can still accumulate with the DCA strategy instead of waiting for the dip.El Salvador has been taking advantage of the dip and the country has stand out to promote the use of Bitcoin which is challenging to those countries that are fighting against the use of Bitcoin.El Salvador accumulation of Bitcoin cannot be measured to an individual because El Salvador is country,the country might use all it takes to accumulate BTC,they might use the wealth of their nation or resources to accumulate more of the dip with the expectation of ROI.

El Salvador buying only at DIPS prices or a mixture of different prices prefers to holding their bitcoins here because Nayib Bukele can be aware of the future price of bitcoins so he has adopted a strategy of constant storage. But they can have a DCA management strategy instead of just waiting for dips which is definitely tempting to take impossibly big profits.Today's Bitcoin accumulation strategy is marked as dips for the future.

Maestro75

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Quote from: electronicash on April 18, 2024, 01:26:08 PM

nice it's now 5,700! a small country like El Salvador somehow educated its people into learning BTC while other countries are still battling against drugs. Bukele has been known to buy the dip though. he'd been criticised for adopting BTC i guess people who did that will finally see the point of what he is doing. because BTC also saves the country in political conflict.

personally i'm not buying the dip. i still can smell more conflict that might affect investments including BTC price.

El Salvador should round it up to 10,000 units. For a country, 5,700 is still not much. It can trade the one it has to gain more or buy the dip if it has professionals who can direct it. You are right about bitcoin saving the country during its political crisis but how will the country cope during bear period. Is it going to convert its bitcoin to gold or any other instruments? This is what alot of people will want to know. Am interested to know it also.

Fiasem20

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The dip as most investors will say it's the right time to accumulate BTC.But regardless the dip investors can still accumulate with the DCA strategy instead of waiting for the dip.El Salvador has been taking advantage of the dip and the country has stand out to promote the use of Bitcoin which is challenging to those countries that are fighting against the use of Bitcoin.El Salvador accumulation of Bitcoin cannot be measured to an individual because El Salvador is country,the country might use all it takes to accumulate BTC,they might use the wealth of their nation or resources to accumulate more of the dip with the expectation of ROI.

gurunanakji777

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If they are buying, it's good for them. There are many institutions and individual investors who are buying BTC and have no doubts about BTC's potential. BTC has already risen significantly, and there are still high expectations for it to rise further. However, if we look at the price, a small investor cannot think of investing heavily in BTC. That's why I am now focusing on altcoins because they have not risen as much compared to BTC, and there is a higher expectation of ROI from altcoins in the current market scenario. Yes, if you want to play it safe and avoid risk, then BTC is the best option.

Topic: Buying more of the Dip (Read 713 times)