#buythedip is trending all around | Bitcointalksearch.org

Botnake

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Quote from: Poker Player on November 29, 2021, 01:46:04 AM

Quote from: hatshepsut93 on November 27, 2021, 11:08:22 AM

You shouldn't be doing something just because it's trending. Hardcore Bitcoin fans will be telling you to buy no matter what happens on the market. It's growing? Buy because it will break $300,000 by the end of the year! It's falling? Buy because it will soon start rising again! It's not moving? Buy anyway!

When it comes to investing, you should have a clear strategy of when and how much you want to buy, not just do so because the twitter crowd tells you to.

That's why this news doesn't affect me because I have a clear strategy. I buy regularly, always the same approximate amount, although sometimes I may contribute a little more or a little less. But it's about the same, and I don't care about the news, the FUD, the FOMO. I buy, buy and buy. Small amounts but over time, added to the return, they become a good capital.

I've been doing this for years now with the S&P 500 and more recently also with Bitcoin.

If you know exactly how will you grow your investment, then you should have known it before investing, and not just following what's the trend or ride with the FUD. I myself is taking advantage every time dips is happening and i know it will always be a good time to buy. But with bitcoin, even if the price isn't really in dip price, its still good to buy any amount because it will surely grow its value in time. For altcoins, its better to buy them when in dips because altcoins most of the time are only good for short term, except for those established altcoins they will also grow next to bitcoin.

Poker Player

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Quote from: hatshepsut93 on November 27, 2021, 11:08:22 AM

You shouldn't be doing something just because it's trending. Hardcore Bitcoin fans will be telling you to buy no matter what happens on the market. It's growing? Buy because it will break $300,000 by the end of the year! It's falling? Buy because it will soon start rising again! It's not moving? Buy anyway!

When it comes to investing, you should have a clear strategy of when and how much you want to buy, not just do so because the twitter crowd tells you to.

That's why this news doesn't affect me because I have a clear strategy. I buy regularly, always the same approximate amount, although sometimes I may contribute a little more or a little less. But it's about the same, and I don't care about the news, the FUD, the FOMO. I buy, buy and buy. Small amounts but over time, added to the return, they become a good capital.

I've been doing this for years now with the S&P 500 and more recently also with Bitcoin.

pmcryptogur

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pooya87

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Quote from: Swordsoffreedom on November 28, 2021, 01:36:47 PM

Panic sellers always sell at the time of dumping. Due to these, the market became unstable later. In most cases, newcomers start panic-selling and suffer losses because they do not understand the actual strategy of the market. Intelligent people and pro traders raise funds and buy more bitcoins without panic during the correction, El Salvador is doing just that now. The market is expected to stabilize again at the beginning of the new month and the Bull will take control of the market.

It is mostly FUD though. These newcomers don't just panic sell because they saw a small drop, it was because they were brainwashed with some fake news (such as China/US/India/Europe banned bitcoin) and were told that bitcoin is going to dump and die because of it. Of course part it is because they don't even know what bitcoin is, they've just bought it to become rich!

Swordsoffreedom

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Quote from: TheGreatPython on November 28, 2021, 11:32:32 AM

Quote from: romero121 on November 26, 2021, 10:45:28 PM

Bitcoin have got more visibility throughout this year. Now, the dip in the market is trending in twitter on the top. In certain countries like Canada this is trending on the first position. Now the new investors will be on panic and the same will make them go for selling, while the experienced will make use of the opportunity. This dip in the market is being experienced on the share market too. New mutant of covid-19 too is mentioned as a reason for the ongoing dip in the market.

If the dip in the market should continue like this, then a lot of investors are going to keep on selling their assets, which may lead to further dip of the market price. For sure this time is the perfect time for every investor who knows what they’re doing to start investing in the cryptocurrency market or even the stock market, now that the market is very low you should buy as much as possible and keep in your wallet.
We are all very aware that even if the market goes down that there will be a time when it will increase again. What it is only going to take from you is to have patience, if you’re ever to have that patience and wait for the right time for the market to increase, then you are going to benefit from it a lot. Although one thing that can help you to have this patience is if you only invest what you can afford to lose, or what you can afford to live in your wallet for a long time.

Panic sellers always sell at the time of dumping. Due to these, the market became unstable later. In most cases, newcomers start panic-selling and suffer losses because they do not understand the actual strategy of the market. Intelligent people and pro traders raise funds and buy more bitcoins without panic during the correction, El Salvador is doing just that now. The market is expected to stabilize again at the beginning of the new month and the Bull will take control of the market.

TheGreatPython

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Quote from: romero121 on November 26, 2021, 10:45:28 PM

Bitcoin have got more visibility throughout this year. Now, the dip in the market is trending in twitter on the top. In certain countries like Canada this is trending on the first position. Now the new investors will be on panic and the same will make them go for selling, while the experienced will make use of the opportunity. This dip in the market is being experienced on the share market too. New mutant of covid-19 too is mentioned as a reason for the ongoing dip in the market.

If the dip in the market should continue like this, then a lot of investors are going to keep on selling their assets, which may lead to further dip of the market price. For sure this time is the perfect time for every investor who knows what they’re doing to start investing in the cryptocurrency market or even the stock market, now that the market is very low you should buy as much as possible and keep in your wallet.

We are all very aware that even if the market goes down that there will be a time when it will increase again. What it is only going to take from you is to have patience, if you’re ever to have that patience and wait for the right time for the market to increase, then you are going to benefit from it a lot. Although one thing that can help you to have this patience is if you only invest what you can afford to lose, or what you can afford to live in your wallet for a long time.

jossiel

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It's already common to us that whenever there's a dip, everyone should buy.

But this time it's becoming different, there's a trend setter coming from a popular company, celebrity, personality and even a country. That's why it's a hype maker whenever there's some hashtag being used.

Such trend is just temporal and will eventually change. The newbies really are making themselves into hype but they have to understand that if it's about bitcoin, they should never ride the trend and know that it is the one that's being followed by the trend.

breathlessz

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Quote from: KaliLinux on November 28, 2021, 01:56:20 AM

Quote from: Charles-Tim on November 27, 2021, 01:04:16 AM

Quote from: romero121 on November 26, 2021, 10:45:28 PM

Now the new investors will be on panic and the same will make them go for selling, while the experienced will make use of the opportunity.

Investors should know that focusing on the long term investment strategy will be best, if they are losing, they should not sell, to not just lose, they should focus on the long term and be watching when bitcoin will teach all-time-high again. People that will lose are traders. Investors would be patient and see the price rise again and gain. The investment strategy should be like 'not selling but also buying the dip'.

Yeah, it might be true that some traders will lose but not all traders. I have noticed in many cases where the first sellers when any correction started turned out to be the most profitable ones because they were able to increase their HODlings with the dips but we cannot take away the fact that HODLing is great but most of the time it depends on Individual tolerance.

By taking advantage of the opportunity for a price correction to buy, the holder will benefit from buying at a low price, so that the psychology will be calmer as well. Previously, many people panicked to sell, so prices fell and there were other investors looking for opportunities to be ready to buy. and i think it will be like that forever and it goes naturally

KaliLinux

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Quote from: Charles-Tim on November 27, 2021, 01:04:16 AM

Quote from: romero121 on November 26, 2021, 10:45:28 PM

Now the new investors will be on panic and the same will make them go for selling, while the experienced will make use of the opportunity.

Investors should know that focusing on the long term investment strategy will be best, if they are losing, they should not sell, to not just lose, they should focus on the long term and be watching when bitcoin will teach all-time-high again. People that will lose are traders. Investors would be patient and see the price rise again and gain. The investment strategy should be like 'not selling but also buying the dip'.

Yeah, it might be true that some traders will lose but not all traders. I have noticed in many cases where the first sellers when any correction started turned out to be the most profitable ones because they were able to increase their HODlings with the dips but we cannot take away the fact that HODLing is great but most of the time it depends on Individual tolerance.

aoluain

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I along with many on this forum have been buying the dips for years, it has been trending
on this forum longer than the El Salvador thing.

Quote from: romero121 on November 26, 2021, 10:45:28 PM

Now the new investors will be on panic and the same will make them go for selling, while the experienced will make use of the opportunity.

Regarding the new COVID-19 strain, it looks like the dip happened in line with the stock
market pull back, its not just weak hands selling it can also investors selling Bitcoin to
cover their other investments.

hatshepsut93

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You shouldn't be doing something just because it's trending. Hardcore Bitcoin fans will be telling you to buy no matter what happens on the market. It's growing? Buy because it will break $300,000 by the end of the year! It's falling? Buy because it will soon start rising again! It's not moving? Buy anyway!

When it comes to investing, you should have a clear strategy of when and how much you want to buy, not just do so because the twitter crowd tells you to.

UserU

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Quote from: Baofeng on November 27, 2021, 10:37:18 AM

Well the thing is, are people gonna buy the actual dip and that is the big question. Of course, El Salvador is always waiting for the dip and then buy at least 100 BTC for their reserves. But how about retail investors? it seems that they are still undecided and maybe now ride the hype on the #buythedip. As far as the latest covid strain? I don't think it has an effect on the market.

I believe there are. It doesn't have to be the investors to take advantage though, commoners like us are happy to take advantage of the "Black Friday" sales

wissy

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It seems like HODL was trending before and now buythedip took charge. I wonder if all those people are sending fiat to exchanges every time to buy the dip, or they make reserves before by exchanging their existing crypto to usdt. In the first scenario, you must have enough capital or income to be able to constantly invest new money, or you are going all in with your savings, which can be really dangerous.

Baofeng

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Well the thing is, are people gonna buy the actual dip and that is the big question. Of course, El Salvador is always waiting for the dip and then buy at least 100 BTC for their reserves. But how about retail investors? it seems that they are still undecided and maybe now ride the hype on the #buythedip. As far as the latest covid strain? I don't think it has an effect on the market.

Leviathan.007

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The buy is trending every time the price falls and the markets go red even for a few hours, the benefit of the red market for the people who want to buy more bitcoin is they can buy bitcoins at a cheaper price just like the market is giving them a good discount and some smart people will surly use this change and buy bitcoin at a cheaper price however if you look the situation in long term and more than 3 years, it doesn't really matter if you buy at the current price or 3 percent lower.

Davidvictorson

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Quote from: mk4 on November 27, 2021, 12:17:14 AM

I'm guessing it's El Salvador's president that jump started this trend recently. Still quite surprised how MicroStrategy hasn't followed suit.

..yet

https://twitter.com/nayibbukele/status/1464307422793715716

Congrats to "El Salvador's president." Within the space of a few short months, his decision to make BTC legal tender in El Salvador has had a major impact on the country, and set it on a course that will free it from its status as a vassal state. Given the speed and success of Bukele's changes, El Salvador will soon be seen as a model for revising the currency / monetary system of a country. The subsequent changes and developments -- both within the country and in many other countries across the globe -- will be stupendous.

UmerIdrees

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Quote from: romero121 on November 26, 2021, 10:45:28 PM

Bitcoin have got more visibility throughout this year. Now, the dip in the market is trending in twitter on the top. In certain countries like Canada this is trending on the first position. Now the new investors will be on panic and the same will make them go for selling, while the experienced will make use of the opportunity. This dip in the market is being experienced on the share market too. New mutant of covid-19 too is mentioned as a reason for the ongoing dip in the market.

Technology is on the race, and people are getting adopted to it. People who have been waiting to get into cryptocurrency investment can make it an opportunity, but it is also stated the dip will continue.

Source : Twitter

Do you think people are really buying the dip. The fear and greed index (https://alternative.me/crypto/fear-and-greed-index/) suggests that no one is buying and everyone is fearful. I am afraid that we are now at extreme fear with value 21, as people are afraid of new covid variant and no one wants to invest any amount at present.

dansus021

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hahha in my country trending usually bsc or solana hashtag, but it still a good thing because crypto is right know more visible and people get to know about it i think bitcoin reach 100K is not a dream Kiss

michellee

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As the price drops, we are seeing many people will use this chance to buy the dip. El Salvador indeed buys 100 bitcoin at the dip and they are lucky to have more bitcoin while also mining bitcoin. The investors will be happy using this moment to buy more and more bitcoin because they know that this dip will be hard to happen in the future.

More adoption can make bitcoin more popular, and many people will use bitcoin for their long-term investment.

UserU

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Yeah, saw that tag too. But I'll just go throw some money into a few shitcoins for the luls Wink

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