Did you profit from the dip | Bitcointalksearch.org

Hippocrypto

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Quote from: Zilon on September 09, 2021, 06:11:32 PM

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think

There's a strong resistance that we're about to face before this month end, but depending on how the market reacts with recent fluctuations. Traders always take opportunity while downtrend affects the real time changes of the market. Short time traders often caused slight crash, then eventually recover after another entry will starts to initiate an entry. Hopefully we're not just seeing $48k, and will fully survive the death cross of $50k.

Johnyz

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Quote from: Desmong on September 17, 2021, 04:17:02 PM

Quote from: adzino on September 10, 2021, 08:05:25 PM

It's very easy to say that you can profit from a market dip. Lets say that the market takes a dip and then you bought some coins. What if the market dips even further after few days? You will then have to buy even more to reduce your average buy price. Or you can just keep waiting for the market to recover. What if it takes years? What if it never reaches the point that you were expecting it to reach? It's all risky. But without risk, you get nothing.

This is a difficult question to answer and it is painful to buy coin and noticed that the coin had fallen to a price level which is farther than what you initially bought it. Some traders are still holding there losing thinking the market is going to come back to the level they bought it. People that bought at $62k are still patiently waiting but for how long are they going to wait.

They are trapped either for long term purposes or they didn’t create their cut loss price and now they have to wait a little longer as we failed to break the resistance. Though every dip is an opportunity to buy again, you may not have profit for now but when the market recovers, you’ll also get what you deserve for buying during the dip. I mostly invest on bear trend, its a good price for entry.

Desmong

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Quote from: adzino on September 10, 2021, 08:05:25 PM

It's very easy to say that you can profit from a market dip. Lets say that the market takes a dip and then you bought some coins. What if the market dips even further after few days? You will then have to buy even more to reduce your average buy price. Or you can just keep waiting for the market to recover. What if it takes years? What if it never reaches the point that you were expecting it to reach? It's all risky. But without risk, you get nothing.

This is a difficult question to answer and it is painful to buy coin and noticed that the coin had fallen to a price level which is farther than what you initially bought it. Some traders are still holding there losing thinking the market is going to come back to the level they bought it. People that bought at $62k are still patiently waiting but for how long are they going to wait.

iv4n

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Quote from: Zilon on September 15, 2021, 05:44:16 PM

I guess the dip is already over. It's time for holders to smile back at their wallets BTC is approaching $49k+. It's just a clear indication that patience pays. We should be expecting a full recovery of bitcoin before the end of the week.

Solana actually dumped but not with much price difference I think it fell from $162 to $150 and it's finding a way to rally back up. Many other coins we're also affcted. Hopefully the crypto market is gradually facing a rally up to meet back it's previous ALTs

This one is over, but be sure that we will see another one! It's crypto, dips and tops are something that happens frequently, catching them is a bit hard, but with patience and giving your buy/sell orders some time can payoff really good! It's why I am a mid to long-term runner, not everyone has a lot of free time that can be invested in daily trading!
I trade only with few coins, one of the things I learned over time, it's better to be focused on just a few coins and to make a profit, than to lose time and money on many of them, you can never pay the same attention to all of them!

dothebeats

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Quote from: Zilon on September 15, 2021, 05:44:16 PM

I guess the dip is already over. It's time for holders to smile back at their wallets BTC is approaching $49k+. It's just a clear indication that patience pays. We should be expecting a full recovery of bitcoin before the end of the week.

Solana actually dumped but not with much price difference I think it fell from $162 to $150 and it's finding a way to rally back up. Many other coins we're also affcted. Hopefully the crypto market is gradually facing a rally up to meet back it's previous ALTs

The dip already sorted itself up I suppose, and luckily I was able to buy some alts and some BTCs before it started climbing back up again. Was lucky to buy @ $44k for bitcoin and am keeping some of it ever since. ETH was also a good buy too just a few days ago though I was already short in funds. If only I had more money, I would have bought ETH in a heartbeat at $3200 and forget about it for a few months time. Welp, you can't really win them all, but I'm still glad that small dip happened and I had some extra cash to use.

LUCKMCFLY

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Quote from: Luqman on September 11, 2021, 07:18:14 PM

From the latest dip, unfortunately, I didn't. that is very silly, but in fact, I didn't have other funds to trade at that time. So, I decided to wait for the price to come and rise back again as at first before this dip.
I know I need more times to wait, but I believe that it will not be a long time.

Quote from: NewRanger on September 11, 2021, 07:03:58 PM

as long as we bought correct coins it was good decision but while we trapped in shitcoin maybe it will be disaster for us.

yes actually, taking profits can be done in every market condition, whether in dip or Bullrun. However, it may be a little bit risky. But if we are trading in the spot, the dip is a good time to buy good altcoins to prepare for the next pump.

In my case, I have not been able to take advantage of at least buying a minimum fraction of BTC for various things in my life, including the large expense that my wife is pregnant with, in some South American countries it represents a challenge in expenses a pregnancy, however, a technique that I have discovered is to buy some very cheap alts so that at the time of a good pump sell quickly and buy BTC, this is a fast way to do it, some are more risky and buy tokens in the Pre-sales, and it is a great option because you can leave everything in USDT and at the time of the dip buy BTC, that is a strategy that can work, but it is quite risky.

Shenzou

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Quote from: Zilon on September 09, 2021, 06:11:32 PM

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think

I think that there were a lot of people planning ahead to sell bitcoin for months now, since they were waiting for the release of bitcoin as a legal tender in salvador on the 7th and they were banking on the fact that this news will drive the price higher and higher up to the release and then they sold just as the price hit the 50k and now since the price has gone down it is gonna take some while before it is gonna hit that point again so it is the best time to put in some investments.

Zilon

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I guess the dip is already over. It's time for holders to smile back at their wallets BTC is approaching $49k+. It's just a clear indication that patience pays. We should be expecting a full recovery of bitcoin before the end of the week.

Solana actually dumped but not with much price difference I think it fell from $162 to $150 and it's finding a way to rally back up. Many other coins we're also affcted. Hopefully the crypto market is gradually facing a rally up to meet back it's previous ALTs

DarkDays

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Quote from: Bitcoin_Arena on September 09, 2021, 08:26:45 PM

Quote from: ?? on ??

I was scared at first. If i liquidation If I had not added, my balance would have been zero long ago. I added a lot of dollars to recover my balance. As a result, even after a lot of dumping in the market My balance was recovered.

You have Solana's pump to thank Cheesy

. During the flash crash on Bitcoin and other majority of cryptocurrencies, Solana was midway it's pump and didn't dump and hard as most of the coins. If you had entered a long on coins like Link or Ripple, Your position could have not been able to stand a chance.

Solana might have not dumped much during the crush but equally now that the Alonzo hard fork has been deployed and with several smart contracts under way, plus the BTC recovery is not doing much. Everything else is rising, while Solana is still slow to catch on the gains.

cryp24x

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Quote from: Zilon on September 09, 2021, 06:11:32 PM

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think

Well, at the moment it hard to predict, because even the expert one can't determine the exactly will happen in the future about the price of Bitcoin. That is because the volatility is very mysterious in my own assessment only. Though, I earned several through buying from the dip then wait for another kicking it price once more in the market.

Luqman

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From the latest dip, unfortunately, I didn't. that is very silly, but in fact, I didn't have other funds to trade at that time. So, I decided to wait for the price to come and rise back again as at first before this dip.
I know I need more times to wait, but I believe that it will not be a long time.

Quote from: NewRanger on September 11, 2021, 07:03:58 PM

as long as we bought correct coins it was good decision but while we trapped in shitcoin maybe it will be disaster for us.

yes actually, taking profits can be done in every market condition, whether in dip or Bullrun. However, it may be a little bit risky. But if we are trading in the spot, the dip is a good time to buy good altcoins to prepare for the next pump.

NewRanger

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Quote from: adzino on September 10, 2021, 08:05:25 PM

It's very easy to say that you can profit from a market dip. Lets say that the market takes a dip and then you bought some coins. What if the market dips even further after few days? You will then have to buy even more to reduce your average buy price. Or you can just keep waiting for the market to recover. What if it takes years? What if it never reaches the point that you were expecting it to reach? It's all risky. But without risk, you get nothing.

so when we buy on dip make sure we didnt pick shitcoin which is recovery could happen in few years after or even never come. project fundamental be important thing when we accumulate our assets while all price drop.

Quote from: BitTraderCute on September 11, 2021, 10:30:37 AM

buying when price drop was good decision for our position in market. some traders say hype is over when price drop , but as traders we get it as best opportunity to earn maximum profits. fear only work to unexperienced traders , but for experienced traders they recognized it as an opportunity.

as long as we bought correct coins it was good decision but while we trapped in shitcoin maybe it will be disaster for us.

tvplus006

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Quote from: Zilon on September 09, 2021, 06:11:32 PM

...For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think

If there are many different coins, some of which were purchased as investments and which are not subject to sale, it is impossible to respond to such a price change in a timely manner. Therefore, the profit received from the shorts compensated for the loss for this part of the coins and as a result, the balance in dollar terms remained the same.

carlisle1

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Quote from: BitTraderCute on September 11, 2021, 10:30:37 AM

Quote from: zanezane on September 11, 2021, 09:17:54 AM

I don't trade that much yet but I am an avid hodler and I think that all I can say is that I did profit from the dip because I was able to buy bitcoin at a cheaper price and at the same time make my portfolio much bigger with my current accumulation.

buying when price drop was good decision for our position in market. some traders say hype is over when price drop , but as traders we get it as best opportunity to earn maximum profits. fear only work to unexperienced traders , but for experienced traders they recognized it as an opportunity.

It's hard to execute if you don't know what you are doing,
but for those experienced traders, they always find good opportunities whatever the market brings them.

many are in fear when dumped is ongoing, but with proper understanding and doing your good research, you can treat the situation as good
point to position yourself with your chosen asset.

Not all can perform this strategy, you need to have good patience most of the time. Decent compensation happened to those who know how to play.

isaac_clarke22

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Quote from: Zilon on September 09, 2021, 06:11:32 PM

~

Somehow I sold like 3% of my hodlings, since there isn't that much happening lately. There was a prediction that dips to $42k might happen, so I might as well just buy from that dip when it happens. It's not that too bad at all.

I never joined any trends at all, just did a long-term hodling.

irsykes

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Quote from: Zilon on September 09, 2021, 06:11:32 PM

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think

Always miss the peak, always miss the dip. Usually i trade when pump or dump still happens. And can't decide in what price the coin will go. But as long i get profit it is already enough for me. Doing analysis is not my specialize and even to pick a coin to trade beside bitcoin and maybe other big coins, i ask my friend for suggestion.

BitTraderCute

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Quote from: zanezane on September 11, 2021, 09:17:54 AM

I don't trade that much yet but I am an avid hodler and I think that all I can say is that I did profit from the dip because I was able to buy bitcoin at a cheaper price and at the same time make my portfolio much bigger with my current accumulation.

buying when price drop was good decision for our position in market. some traders say hype is over when price drop , but as traders we get it as best opportunity to earn maximum profits. fear only work to unexperienced traders , but for experienced traders they recognized it as an opportunity.

zanezane

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I don't trade that much yet but I am an avid hodler and I think that all I can say is that I did profit from the dip because I was able to buy bitcoin at a cheaper price and at the same time make my portfolio much bigger with my current accumulation.

el kaka22

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I would say I didn't profit from this one because I missed the chance to buy some, it is still not too high, I could still get some at this level if I could, but financially I am not in a position to make more buys. However, I did managed to get a lot on march 2020 drop, and that is the part I am profiting these days. Doesn't mean that you have to catch every single drop, eventually you will end up with some drops that you will miss out on, but as long as you keep doing DCA on each drop you can afford to do, then you will be doing fine.

I love that people are afraid whenever it drops, it shows that people are still unaware that bitcoin could have drops but it will always recollect itself and go high eventually. If there are still so many people who are unaware of that, think of how easy it will be to go higher when more people are aware of it.

Hypnosis00

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Quote from: Victorycoin on September 10, 2021, 10:20:47 PM

We notice that the short time you are talking about trading is very risky, The market will do the opposite of what you want when you plan to open a trade, and this kind of moment makes the goal month very frustrating and if you manage everything efficiently then hopefully you will benefit be careful how low you decide.

Not all the time it becomes opposite to what we have planned. It was just because we can't predict the market perfectly so we can say that it never runs according to our plan. I think it was acceptable since the market is so volatile, yes, it can really be frustrating when we wanted to sell however, it was also the time it dumps.

Traders can be patient all the time, it was the only thing that could help otherwise, they will surely just fail. That is why we have to know how to control our emotions as it was hard to have a good profit during the bear season.

michellee

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Quote from: adzino on September 10, 2021, 08:05:25 PM

It's very easy to say that you can profit from a market dip. Lets say that the market takes a dip and then you bought some coins. What if the market dips even further after few days? You will then have to buy even more to reduce your average buy price. Or you can just keep waiting for the market to recover. What if it takes years? What if it never reaches the point that you were expecting it to reach? It's all risky. But without risk, you get nothing.

If he does not have many funds, he does not have to do anything except waiting for the price to be back to bounce up higher. If he buys bitcoin, he does not have to wait for years because bitcoin can go up anytime and if that is a little correction, the price will increase. But if he buys altcoins, he will need to wait for bitcoin price moves because the altcoin just follows where bitcoin moves. As long as he does not buy the coin at once, he will have funds in his balance to buy more if the price is still getting dip further.

Victorycoin

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We notice that the short time you are talking about trading is very risky, The market will do the opposite of what you want when you plan to open a trade, and this kind of moment makes the goal month very frustrating and if you manage everything efficiently then hopefully you will benefit be careful how low you decide.

adzino

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It's very easy to say that you can profit from a market dip. Lets say that the market takes a dip and then you bought some coins. What if the market dips even further after few days? You will then have to buy even more to reduce your average buy price. Or you can just keep waiting for the market to recover. What if it takes years? What if it never reaches the point that you were expecting it to reach? It's all risky. But without risk, you get nothing.

Shasha80

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Quote from: harapan on September 10, 2021, 04:32:30 PM

The volatility in the market is so crazy right now, I would rather wait to see if bitcoin is going to recover or not before playing with futures, for now I'll rather buy the dips of potential altcoins like solana, cardano and near Protocol, I believe these three will still give lots of profits in the long run especially near which may likely hit $20 soon,trading futures now is very risky so I will just stick to buying the dips of this three coins.

I feel the same way, price movements in the market are very volatile and this is very risky when trading futures. I also prefer to play it safe by choosing
to invest in some potential coins and your choice is quite good in my opinion. But it would be better if the percentage of investment in Bitcoin was much
larger, because Bitcoin is the safest for long-term investments. And make price reductions in the market now an opportunity to buy coins at
low prices. Because we learn from history, that the crypto market will always recover, so it is very important to buy potential coins. So when
the market recovers we can make big profits.

Fatunad

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Quote from: Bitcoin_Arena on September 10, 2021, 06:39:59 PM

Quote from: Mkmanik on September 10, 2021, 01:20:39 AM

Bitcoin dump from $51800 to $42,000 and Around +2.7B dollars liquidated within only 1 hour! 24H Rekt $3.69B, Exchange made a huge profit from this Bitcoin dump.

This is a very big misconception by so many traders who are new into the game. Exchanges don't make any profits off liquidations, at least not directly. Every time someone's position is liquidated, It means there's a trader on the other side ripping big. The exchanges only earn through trading fees, withdrawal fees and maybe collect Insurance fund from the maintenance margin which is used to cover for bankrupt users during volatile markets.

True, this do proves out that he doesnt really have an idea on how trading platform works and thinking that theyre ripping off profits with that recent liquidation without even realizing that the ones who did
make money on that one are those whales and of course those retail traders who do able to go with the flow.This isnt the first time about those big liquidation in a short span of time realizing those
billions of dollars pulling off into the market.This is just a casual day where it can anytime happen so better prepare yourself.

Bitcoin_Arena

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Quote from: Mkmanik on September 10, 2021, 01:20:39 AM

Bitcoin dump from $51800 to $42,000 and Around +2.7B dollars liquidated within only 1 hour! 24H Rekt $3.69B, Exchange made a huge profit from this Bitcoin dump.

This is a very big misconception by so many traders who are new into the game. Exchanges don't make any profits off liquidations, at least not directly. Every time someone's position is liquidated, It means there's a trader on the other side ripping big. The exchanges only earn through trading fees, withdrawal fees and maybe collect Insurance fund from the maintenance margin which is used to cover for bankrupt users during volatile markets.

DoublerHunter

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Quote from: TinaK on September 10, 2021, 04:17:26 PM

Quote from: otundebis on September 10, 2021, 04:00:28 PM

I was caught by surprise by the sudden fall in bitcoin price! And I did not buy the dip as I was already in red! Although, the indicators were reading reversal couple with the fact that the market were over leverage and there were grasp for liquidity. Those dips were opportunities for buying low! I guess full time trader would have made a kill in a very short time!

In a market situation like this, you can make a profit when there is a dip. I sometimes do scalping and do sometimes spot trading while the market is the bloody hell. But if you don't have the confidence to take a risk of everything, you can hold it and wait until the market will recover. It is very risky to look for a profit while the market is in dip, one mistake will be equivalent to how many losses come from your portfolio, it may not wipe out everything but it will surely hurt your pocket.

^ Perfect, it usually works for me but sometimes it is not, trading is very difficult to adjust and study. I already proved that there are no pure skills in trading, it could be possible you will lose, or if you are lucky enough you will win. Buying from the dip is the only solution to make a profit but the problem is others did not know how to execute it. Remember only spend what you can afford to lose.
However, there is no real assurance that we can able to make a profit from it.

AakZaki

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Quote from: tbct_mt2 on September 09, 2021, 09:37:05 PM

Bitcoin will dive again to $43k to $44k in next two weeks. After the mid of October, next month, things will become better on the market and we will see another campaign on social media for Bitcoin.

Since mid of October, I believe that on social media, there will be more positive news than negative news because market makers will try to lift the Bitcoin up, to the top of this bull run.

You are quite sure of your writing. You should describe your prediction here. I don't really like predictions without pictorial proof, because anyone can do it.

Certainly an advantage to buy at the lowest price. But sometimes the risk is too great before we are sure there is confirmation of the rise. Because the price could be deeper. Actually I always use technical analysis using Fibonacci and it is very helpful for entering or exiting trades.

harapan

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The volatility in the market is so crazy right now, I would rather wait to see if bitcoin is going to recover or not before playing with futures, for now I'll rather buy the dips of potential altcoins like solana, cardano and near Protocol, I believe these three will still give lots of profits in the long run especially near which may likely hit $20 soon,trading futures now is very risky so I will just stick to buying the dips of this three coins.

TinaK

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Quote from: otundebis on September 10, 2021, 04:00:28 PM

I was caught by surprise by the sudden fall in bitcoin price! And I did not buy the dip as I was already in red! Although, the indicators were reading reversal couple with the fact that the market were over leverage and there were grasp for liquidity. Those dips were opportunities for buying low! I guess full time trader would have made a kill in a very short time!

In a market situation like this, you can make a profit when there is a dip. I sometimes do scalping and do sometimes spot trading while the market is the bloody hell. But if you don't have the confidence to take a risk of everything, you can hold it and wait until the market will recover. It is very risky to look for a profit while the market is in dip, one mistake will be equivalent to how many losses come from your portfolio, it may not wipe out everything but it will surely hurt your pocket.

otundebis

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I was caught by surprise by the sudden fall in bitcoin price! And I did not buy the dip as I was already in red! Although, the indicators were reading reversal couple with the fact that the market were over leverage and there were grasp for liquidity. Those dips were opportunities for buying low! I guess full time trader would have made a kill in a very short time!

The Cryptovator

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Those are professional traders who can make a profit either bull or bear run. Just think how the trading volume has been increased during the bull run. Means someone buying and selling as well. Of course, they are pro traders. But since I am not a pro trader, I always try to get the advantage of the dip. Although we don't know about the exact dip, nowadays I determine it when suddenly fall the price too much. You can notice, after every sudden fall, the price will gain for again for some time. So I get this opportunity to make small profits. But not always take the risk, it depends on the overall market situation.

death69

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Quote from: ?? on ??

Yes I have benefited a lot from market dumping.I SOL I traded futures trading with tokens. At some point I lost a lot but later I had a lot of nights.

I was scared at first. If i liquidation If I had not added, my balance would have been zero long ago. I added a lot of dollars to recover my balance. As a result, even after a lot of dumping in the market My balance was recovered.

such a big trade. But I bet you have earned quite a lot from that trade. Sol has recovered very fast and created new ATH at 216$. Damn. Sol is super strong right now. ANy attempt to short SOL only has one result: Loss.

haasanjui

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Yes several time Many people take profit from dip because the coin price is decrease and then this time to buy and trade. We did it many time and Majority of traders using this method in trading. First they wait for dip and then hold it for pump price of coin.

Hobo66

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I think that from dip, it is not easy to get profit. I did not get any profit from dip. Holding of coin is considering wiser choice. I often buy coins if the price is low. Although when the price slightly pump then I prefer selling of coin at that price.

conected

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Quote from: fauzan Ichsan on September 10, 2021, 11:10:02 AM

Quote from: pawanjain on September 10, 2021, 10:03:19 AM

I didn't make any profit from the recent dip since I am not trading these days and just HODLing.
But yeah I did buy some coins in the recent dip to have my buying target fulfilled. So far it's going good.
I believe when the market pumps I will get a really cool profit out of it. I think the dip won't last long and in a few weeks or days may be we might see another pump.

slightly different from me, during this decline I got a little profit from trading, but indeed my investment assets also decreased in value. from trading activities we can take advantage of the bounced price to make a profit, but it's not much and the capital I use is also only a small part, because my biggest capital is placed in long-term investments

- Well, the criteria of today's traders and investors have merged and become a flexible shape to adapt to the market, so a large part of the capital has been asleep in the assets estimated for the future, what is left is small portions of capital, many people also choose to let their entire capital fall asleep and in such a situation, people who are active as day traders are probably quite rare and even if they are active, only a few people make good use of it, most of them are in a recreational state.

MIner1448

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Quote from: Zilon on September 09, 2021, 06:11:32 PM

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think

Yesterday I merged my deposit in futures, I thought it would not be a deep fall in the market and thought that after a slight fall, coins would rise, but I was mistaken, my futures trade barely reached liquidation, I immediately added a deposit, thinking that now, as the price soars, but this did not happen and liquidation took place completely, it is still necessary to put a short.

taufik123

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Quote from: bamb on September 10, 2021, 09:48:30 AM

The market dip was very juicy but short lived! I always try to catch dip like that by staying hibernated! And every now and then, they always come! I was able to flip fantom for 80% gain, algorand for 100% and bnb for 10%! I still believe altcoin market is still bullish! I am watching bitcoin closely!

Getting a dip price requires the ability to analyze and patiently wait for the price to fall. reading charts and RSi lines that occur when Overbought will be very helpful. Capital management also needs to be done. Because the dip catch will happen quickly.
Altcoins will certainly still be bullish as long as Bitcoin is in a good position. But when Bitcoin dumps all altcoins will also be dumped following the movement of bitcoin.

Vaculin

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If you are in trading, either it was in bear or bull market, making a profit is still the main goal. But for those who haven't been in this field, it is actually hard for them to make it. The majority had in good time when the market is in the bullish season, people are selling their coins during that time and it turns out more on buying and holding when the dip is about to start and waiting for the market and sell again. It was a market cycle but it was different when you are a full-time trader where the situation doesn't matter a lot.

Cling18

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I didn't make a profit from the dip but I take advantage of it by buying and accumulating more good coins at a low price. As for me, we shouldn't be afraid of the dip but rather see it as an opportunity to increase our assets and holding. As long as we're choosing potential coins, I guess we have nothing to fear about.

fauzan Ichsan

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Quote from: pawanjain on September 10, 2021, 10:03:19 AM

I didn't make any profit from the recent dip since I am not trading these days and just HODLing.
But yeah I did buy some coins in the recent dip to have my buying target fulfilled. So far it's going good.
I believe when the market pumps I will get a really cool profit out of it. I think the dip won't last long and in a few weeks or days may be we might see another pump.

slightly different from me, during this decline I got a little profit from trading, but indeed my investment assets also decreased in value. from trading activities we can take advantage of the bounced price to make a profit, but it's not much and the capital I use is also only a small part, because my biggest capital is placed in long-term investments

carlisle1

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Quote from: pawanjain on September 10, 2021, 10:03:19 AM

I didn't make any profit from the recent dip since I am not trading these days and just HODLing.
But yeah I did buy some coins in the recent dip to have my buying target fulfilled. So far it's going good.
I believe when the market pumps I will get a really cool profit out of it. I think the dip won't last long and in a few weeks or days may be we might see another pump.

Me as well, didn't made any good profits during this dump as I keep my coin believing that before this year end good pump will happen.

If chance permits and I still got some spare I'll add more with my holding and keep it,
bounce back always follow the market cycle just need to add more patience during this days.

The current market still good for someone who loves to take long term investment, the
possible profits is way better just do your DYOR.

pawanjain

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I didn't make any profit from the recent dip since I am not trading these days and just HODLing.
But yeah I did buy some coins in the recent dip to have my buying target fulfilled. So far it's going good.
I believe when the market pumps I will get a really cool profit out of it. I think the dip won't last long and in a few weeks or days may be we might see another pump.

bamb

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The market dip was very juicy but short lived! I always try to catch dip like that by staying hibernated! And every now and then, they always come! I was able to flip fantom for 80% gain, algorand for 100% and bnb for 10%! I still believe altcoin market is still bullish! I am watching bitcoin closely!

palle11

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Quote from: Zilon on September 09, 2021, 06:11:32 PM

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

Futures is simply the best way to make easy profit, yes I spotted the drop but due to one reason or the other, I wasn't able to take a decisive decision to dump for profit and within an hour when I had the time for the decision, hahah it all came crashing down in my face I couldn't do any action again than to watch the losses. Anyway it is a drop and the rise is what the expectation is now because it was a correction that cut most traders trapped in the maintime.

hugeblack

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Profits at these points may be good, but the volatility is unexpected and the chance of missing the train is high, so it is better to do it with low amounts as the price can break the resistance barrier and thus stay at $50,000 for a long time.
Profit was achieved by buying at $30,000 levels, then the profit was guaranteed and in a very short period.

The market is still not guaranteed and a lot can change.

ipanks

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Quote from: Zilon on September 09, 2021, 06:11:32 PM

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think

I already profit before the dip and I am waiting for my order buy fills to wait for another rising of the coin price. Bitcoin is now good to buy as the price is still at a low price to follow to buy and hold it. It is good if you can profit from the coin so now, you will have a chance to buy back at a low price. But you need to know that we do not know when the price will go up so you need to calm down if the price is down for more.

cheezcarls

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Quote from: Zilon on September 09, 2021, 06:11:32 PM

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think

Yes I did experience benefiting from the market dip but not as a day trader, but a long term holder. I usually buy back some promising coins and tokens during the dip and from my experience that some of them didn't push through, but others are going up and I am happy at least to take some profit. It's also a gamble to buy the dip, because you may not know when it will go up, or it may even go down further that would make it expect the unexpected.

worle1bm

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Quote from: Bitcoin_Arena on September 09, 2021, 08:26:45 PM

Quote from: ?? on ??

I was scared at first. If i liquidation If I had not added, my balance would have been zero long ago. I added a lot of dollars to recover my balance. As a result, even after a lot of dumping in the market My balance was recovered.

You have Solana's pump to thank Cheesy

. During the flash crash on Bitcoin and other majority of cryptocurrencies, Solana was midway it's pump and didn't dump and hard as most of the coins. If you had entered a long on coins like Link or Ripple, Your position could have not been able to stand a chance.

His choice of altcoin is good and that's why he profited out of it as SOL is most profit giving altcoin at this time due to it's scalable blockchain and all those NFT projects being launched over its platform as it was around $1 in Jan and now it is at above $160 coming down from ATH of $193 also so it will give more returns to the holders in future with more progress undoubtedly.Don't prefer many altcoins but this is something good in the market.

slaman29

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It's actually very encouraging to see that price hasn't gone into a volatile swing after that crash, instead looks like again is consolidating, so this time we might see another long upward month into 55k.

I don't trade so I didn't profit but earning BTC during the dip also counts, right?

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Quote from: Ararbermas on September 10, 2021, 03:42:53 AM

At this point it's quite skeptical but if you really know what you're doing it's fine wherein despite of the situation of the market you can still make quick profits, actually that's what i'm doing right now since the correction after the bull run, patience and efforts is a must, because nowadays if you will fell always to some false signals in the market you will end up losing money instead of gaining.. So on this point it's not an easy task to ride the bearish wherein it requires more patience and of course good strategy in order to maintain the win rate.

Consistency also can help in trading, I mean if we keep trading not necessarily the same one but trading coins that have potential for profit in a day can help us improve our impulse in trading. I remember just waiting for a coin that can increase its potential for future but then didn't survive to recover after its dip. Continuous trading and trying of coins can help us be aware of how tge market really works. I give up holding too much after that, we can learn and earn from dip if we learn to giveup that coin or to decide whether to sell it at some point.

Ararbermas

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At this point it's quite skeptical but if you really know what you're doing it's fine wherein despite of the situation of the market you can still make quick profits, actually that's what i'm doing right now since the correction after the bull run, patience and efforts is a must, because nowadays if you will fell always to some false signals in the market you will end up losing money instead of gaining.. So on this point it's not an easy task to ride the bearish wherein it requires more patience and of course good strategy in order to maintain the win rate.

traderethereum

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As traders or investors, we need to use any moment to ourselves to benefit from that.
No matter if the market is on the bull or bear market, we need to analyze the market so we can know if that is a good time to enter or leave the market and know when to buy or sell.
In this situation, it is not easy to predict where the market will move, but we can analyze for a while to know what we need to do.
You can join in any trend if you want, but that will depend on how good you analyze the market to make a profit.
If the bitcoin price stays at $45k-$48k for a while, that will not be a problem for us as we can use it to buy back more bitcoin.

Mkmanik

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Yes, In this DIP I made a good profit. I spot-bought some altcoin, SXP, Cardano, SOL, CRV, GRT, VET, Tomochain, etc. I am in good profit now, Still holding those bags. As I bought those coins at the spot, I am safe. There is no worry about liquidation. Now booking profit

Bitcoin dump from $51800 to $42,000 and Around +2.7B dollars liquidated within only 1 hour! 24H Rekt $3.69B, Exchange made a huge profit from this Bitcoin dump. Future, margin trade is very risky. Most of the positions got liquidated at this time.
Now bitcoin trading $44k to $47k, I hope soon there will be a big upward or downward move. But I am in bearish now, Hope Bitcoin will retest the $42k zone again.

bittraffic

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Quote from: tbct_mt2 on September 09, 2021, 09:37:05 PM

Quote from: Zilon on September 09, 2021, 06:11:32 PM

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k.

Bitcoin will dive again to $43k to $44k in next two weeks. After the mid of October, next month, things will become better on the market and we will see another campaign on social media for Bitcoin.

Since mid of October, I believe that on social media, there will be more positive news than negative news because market makers will try to lift the Bitcoin up, to the top of this bull run.

This is very probable because it will normally touch back where it first hit before going up again. So having a buy order of $43K will be good for traders who have yet not bought today. And this also applies to altcoins, I guess most altcoins will also dip soon.

The fud continues in the crypto market as well despite how much acceptance we see through the years of BTC.

tbct_mt2

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Quote from: Zilon on September 09, 2021, 06:11:32 PM

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k.

Bitcoin will dive again to $43k to $44k in next two weeks. After the mid of October, next month, things will become better on the market and we will see another campaign on social media for Bitcoin.

Since mid of October, I believe that on social media, there will be more positive news than negative news because market makers will try to lift the Bitcoin up, to the top of this bull run.

Bitcoin_Arena

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Quote from: ?? on ??

I was scared at first. If i liquidation If I had not added, my balance would have been zero long ago. I added a lot of dollars to recover my balance. As a result, even after a lot of dumping in the market My balance was recovered.

You have Solana's pump to thank Cheesy

. During the flash crash on Bitcoin and other majority of cryptocurrencies, Solana was midway it's pump and didn't dump and hard as most of the coins. If you had entered a long on coins like Link or Ripple, Your position could have not been able to stand a chance.

bittraffic

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You can do that with futures market, but it's riskier. It's the same when you assume the bears are over because they probably are not so you better just wait for the trend if you wanted to be safer. They say the trend is a friend and yes indeed. When a trend is forming in your chart, you can buy and then wait a while, that's simple as you won't have to panic sell.

blockman

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We can always make a profit at both bulls and bears but for me, it's totally fine to wait for the bullish market to come and take the profits with me as it comes. I don't have to do that much and usually do the thing most holders do to wait for the dip and buy from there and wait until it goes with a profit. That's all I have to do and if it takes longer, I'm still beating it because I'm already good with anything that happens above $30k.

Zilon

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At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think

Topic: Did you profit from the dip (Read 345 times)