Dips Are good For Crypto | Bitcointalksearch.org

|Bitkoin|

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Quote from: tech72 on January 20, 2018, 11:02:29 AM

Quote from: |Bitkoin| on January 18, 2018, 02:50:32 PM

If you have a lot invested already then dips are not good for you but they are good for a newbie.

I find dips good even if I have invested a lot already. Even though my portfolio value decreases I still invest and buy more since I know coin price will boom ultimately. I only invest in good coins only. Also, I only buy when there is a flash crash or something like that. Usually, have bids placed at lower values to catch the coin in dip. Never been wrong till now.

But many times the dips are big and it takes time for good coins value to rise. Many investors get scared because of this.

tech72

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Quote from: |Bitkoin| on January 18, 2018, 02:50:32 PM

If you have a lot invested already then dips are not good for you but they are good for a newbie.

I find dips good even if I have invested a lot already. Even though my portfolio value decreases I still invest and buy more since I know coin price will boom ultimately. I only invest in good coins only. Also, I only buy when there is a flash crash or something like that. Usually, have bids placed at lower values to catch the coin in dip. Never been wrong till now.

Xester

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For me it is indeed an advantage to people, just like what you have said. Because of these dips, people have the opportunity to invest in bitcoin. It likewise gives us more time to reflect and at the same time gives more attention to people.

meyklove

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You are definitely right, mate. Its okay for the investor to hold it for long term but in trading we should always put some stop or cut loss to prevent more losses.

YoungMaster

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Quote from: Games.Bitcoin on January 18, 2018, 08:08:23 AM

These dips are good for two reasons

It allows people who haven't invested yet to invest

It brings awareness to the market, growing the potential investors

Yep. I agree with you.

With the DIP people can easily invest in some coins which they haven't. And also help some people to buy more the same coins as they hold.

And for the awarness, It can also help the panic-seller to learn their mistakes about the coins they sold when it was on the DIP.

|Bitkoin|

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Quote from: Alex3601 on January 18, 2018, 03:21:46 PM

Yes, dips is very good for crypto. It attracts more investors both older and new investors.

But sometimes it also scares people as the price is dropping.

Tak2020

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Dip is 10%-20%
60% it's crash

FUD Expert

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Quote from: Games.Bitcoin on January 18, 2018, 08:08:23 AM

These dips are good for two reasons

It allows people who haven't invested yet to invest

It brings awareness to the market, growing the potential investors

It's really an opportunity but the dips give other people or possible investors a perception that its price going to dive more or it's over so very less people will do and most are seasoned traders.

coin-investor

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Quote from: Games.Bitcoin on January 18, 2018, 08:08:23 AM

These dips are good for two reasons

It allows people who haven't invested yet to invest

It brings awareness to the market, growing the potential investors

I agree with if you look it in a positive way, you can make a profit out of it, this is the best time to buy when there is a dip especially if the coin is good and had a good roadmap ahead, I always look for a dip in a good coin, it's like investing in their ico stage.

xianbits

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This is my most-watched event in crypto. I'm glad I had easily catched some fish in the latest dip and now that the market is recovering, I wonder how are those panic-sellers feeling right now?

Ba37

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Yes, dips are good if you are not a weak hand. I have seen many people who invested money in crypto for first time in December- January losing their money and panicking spreading even more FUD. It depends on what boat you are on. But overall dips are good and necessary in any market. Not all people make money in cryptos.

reymartH

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If you understand the fundamentals for the coins you're investing in, you should be able to separate the FUD (fear, uncertainty and doubt) claims against the truth, and that the Cryptos should continue to march forward regardless of what's thrown its way. There will be speed bumps along the way which may slow progression, but in the long run, the Blockchain technology will prevail. So buy the dips.

Swenna

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Quote from: btcprospecter on January 18, 2018, 08:40:36 AM

I completely agree with op it does give people new to crypto to get a foothold at a lower point. Yeah it does worry people but once they been through a couple they know what to do when it does dip.

That is true. Dips like the last one really did show the difference between those who have "knowledge" about cryptocurrencies ability to bounce back, from amateurs with weak hands and weak heart. A lot of panic sellers sold their coins at a very low price in fear of losing all their money, when in fact that it is the time that they should hold it tighter. The market is a huge casino and only if you had played before will you be able to see the pattern of the game and decide when to hold and to sell.

lienfaye

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Quote from: Games.Bitcoin on January 18, 2018, 08:08:23 AM

It allows people who haven't invested yet to invest

I encouraged some of my friends to invest in btc and they did, looking forward for a good result days or weeks from now. Well they prefer to be a long term hodler.

Quote from: Games.Bitcoin on January 18, 2018, 08:08:23 AM

It brings awareness to the market, growing the potential investors

True and its good because it has something to do with the value.

Quote from: mk4 on January 18, 2018, 08:16:05 AM

3. It removes the panic sellers(or weak hands) that posts "omg is bitcoin dead??" or something along those lines on whatever websites from the markets. Seriously, those people. *sigh*

Yes, those who dont have guts when the value is in dips are better invest their money in something else.

bstewart

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Seems to happen this way at the beginning of each year.

I think there will be another bitcoin and alt surge within the next couple months. Maybe even sooner considering all the new money that has been entering the market.

prehisto

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Yes, In general I agree, that corrections are good.
But oneof my speculations are that this crrection could be just a shoulder of buuble bursting if one compares them charts of silver bubble / dot.com bubble bursting it is clear that our bubble has bursted.

In the same time I hope that this is not true.

Ranly123

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Quote from: Games.Bitcoin on January 18, 2018, 08:08:23 AM

These dips are good for two reasons

It allows people who haven't invested yet to invest

It brings awareness to the market, growing the potential investors

The dips are breathing space for investors who yet to invest in crypto since they can buy low and wait for the price to go high in order to sell or hold a bit longer for better profit.

jakelyson

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Dips are normal in any market whether it is crypto or stock or forex. It gives you opportunity to buy or enter a market at a lower price.

But others sees this differently, that is why it creates fud not an opportunity.

Iamlegit4sure

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dips are good only if you lan on buying cryptocurrency using fiat money. As bitcoin value goes down, all other coins follow, so it makes absolutely no change at all if the market dips and you just want to trade some BTC for an altcoin or vice versa

Abdul Qadeer niazi

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Yeah dips are good and bad as well for crypto.
good in the scenes that new investors will come Keeping these ups and down in mind and invest so Crypto will expand.
now keeping in mind that many of people are holding their money in crypto so dips are realy bad for them and for crypto too.

Topic: Dips Are good For Crypto (Read 450 times)