Topic: Do you have a strategy to help you determine that the dip is at its lower end? - page 2. (Read 282 times)
August 21, 2021, 11:52:32 AM
I can't say about it and i don't have enough information about it but there are many telegrams group even most of them are free, but some are paid. They are predicting even the dip of the coins that at which range you should buy and at which range you should sell the coin.
August 20, 2021, 12:55:40 PM
The most appropriate strategy to determine the decline at the lower end is to read the chart using several indicators that have been provided. analyze where the market is going, see volume etc.
Management is also carried out to support the initial strategy. by doing capital management properly, then you can get a cheap price.
Don't just enter, do the analysis first, the price decline is natural, if it has to go up it will definitely go up and if it goes down it will definitely go down. the need to learn technical analysis and fundamentals to overcome the risks that will occur when trading.
Management is also carried out to support the initial strategy. by doing capital management properly, then you can get a cheap price.
Don't just enter, do the analysis first, the price decline is natural, if it has to go up it will definitely go up and if it goes down it will definitely go down. the need to learn technical analysis and fundamentals to overcome the risks that will occur when trading.
August 20, 2021, 03:50:04 AM
There's no definite way to tell that a dip ends or not, but there are a lot of resources that's going to help you which are already mentioned by other users. Technical analysis I think is a good way to tell but not accurately predict if it's the bottom or not, try to also read a lot of articles regarding bitcoin and cryptocurrencies because those news can affect the prices.
Dip is not end at anypoint. Only thing is, the price will dip and pump. It occur in simultaneously. If you check the price of any coin over 1 year, you may find this one. But repeated dump and pump will happened with certain interval. It won't occur with short period. You need to patience to get such things happened.
August 20, 2021, 01:02:25 AM
I don't think that is even possible for any asset to predict the absolute bottom, even less so in a volatile market such as bitcoin and it is 100% impossible for a manipulated market such as the altcoin market.
For example take 2018, when price fell and continued in the bear market with all kinds of analysis $6k was the bottom but the price still fell hard down another 50% to $3k. Same thing was repeated this year but this time from $60k to $30k. The correction should have stopped somewhere around $40k+ but it didn't and it led to a longer accumulation phase.
The only strategy IMO is to determine the overall trend, like the current bull run of bitcoin, and then buy when there is a significant drop ignoring the possibility of more drops.
For example take 2018, when price fell and continued in the bear market with all kinds of analysis $6k was the bottom but the price still fell hard down another 50% to $3k. Same thing was repeated this year but this time from $60k to $30k. The correction should have stopped somewhere around $40k+ but it didn't and it led to a longer accumulation phase.
The only strategy IMO is to determine the overall trend, like the current bull run of bitcoin, and then buy when there is a significant drop ignoring the possibility of more drops.
August 19, 2021, 09:42:34 AM
There's no definite way to tell that a dip ends or not, but there are a lot of resources that's going to help you which are already mentioned by other users. Technical analysis I think is a good way to tell but not accurately predict if it's the bottom or not, try to also read a lot of articles regarding bitcoin and cryptocurrencies because those news can affect the prices.
August 19, 2021, 09:28:59 AM
There tends to be these - what I call - SIKE! rebounds.
What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later...BAM! It dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
You can hardly tell when the market has dropped to its lowest. I think the best thing you can do in this situation to have patience, and wait for sometime before you start investing in the market, so that you don’t end up making a mistake. You can even try to make use of technical analysis, it might be of help.What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later...BAM! It dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
Or you can follow up with news sites such as Cointelegraph and their analysis that they do, it’s usually good and it can be accurate at times and that will help you know what actions to take at anytime. Or if you’re a long term investor you can just invest and continue to hold no matter the situation, you can keep on with the HODL until the market grows.
August 19, 2021, 04:00:08 AM
TA's is what it's all about. Just try reading them and predicting it from there, you can also use other factors to judge based on what you believe. There's no really guaranteed strat whether the market's rebound would suddenly dip down again after all. It's all up to your personal judgement as a trader based on the gathered info you have from the various charts and the like that you get from the current state of the market. It's close to a guess yes, but it is an educated one.
August 19, 2021, 03:53:17 AM
There tends to be these - what I call - SIKE! rebounds.
What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later...BAM! It dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
by the way I'm not am expert but base on my experience in such scenario, i think you should make technical analysis for log long period and higher time frame so that you have an idea what will be the right direction of the growth rate after couple of days. Use moving average indicator in order to have sign where you can place your order, for me i prefer 3 MA with different settings just to assure everything.. And lastly of course setup your stop lose, because you know market is very unpredictable, and those indicators sometimes can give you a false signal so always setup stop lose mate to avoid losses from the sudden fluctuation in the market. What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later...BAM! It dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
August 19, 2021, 01:15:15 AM
Here's what I was thinking...something along the lines of... if the market falls by a certain percent in a certain amount of time then it's a dump and not the usual everyday supply and demand rise and fall.
If it doesn't go up by a certain percent in a certain amount of time, then we are still in a downward trend and it's not the end of the bottom to rose from and is likely to go back down. It's highly likely to be the end of the botoom once it goes up by a certain percent.
This percent to time rate would be determined by past trends.
How does such strategy sound to you?
If it doesn't go up by a certain percent in a certain amount of time, then we are still in a downward trend and it's not the end of the bottom to rose from and is likely to go back down. It's highly likely to be the end of the botoom once it goes up by a certain percent.
This percent to time rate would be determined by past trends.
How does such strategy sound to you?
August 19, 2021, 01:12:32 AM
according to my experience, predictions and how to analyze price charts in the market for each person are different.. while the ups and downs depend on the size of the demand, always use stop loss / take profit just in case "if things don't go as desired,, for example, you have bought above and the price tends to fall, try to hold if you panic sell the losses will be even greater,,,
August 19, 2021, 01:00:58 AM
Common indicators will tell if you the coin/token is already oversold
Oversold? ...there’s a lot of good indicators to use to spot the dip
Could you name them plz? August 19, 2021, 12:58:13 AM
There tends to be these - what I call - SIKE! rebounds.
What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later, it dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
There's only one common way and which is using up technical indicators and you know that we can make use specially those trend lines and common support and resistances.If you do know on how to use it up together with some indicators like RSI and Moving averages.Then you would really have some idea on where it could possibly landed.What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later, it dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
Always think of that technical indicators aren't something precise for you to rely on but it is way much more better rather than having no analysis at all because if you done that
then you are just simply doing gambling.
Trial and Error is the key because strategy doesn't really work for each everyone of us.
aside from that, it deviates from one alt to another. you can't expect the same trend behaviour for all alts. they have their own market performance depending on their actual developments, marketing, etc. this will be easy to spot on if you are a long-time holder of the coin and you already have seen their up and down movement. their previous history may assist you in getting estimates as well as what is currently happening on the project.
Don't most coins follow each other?
August 19, 2021, 12:44:01 AM
[...]it starts to go up nicely, and then suddenly, usually a couple of days later, it dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
[...]
[...]
This is actually very important stuff here. I personally call it as "multiple entry points". Do not consider this as bad thing, or do not exaggerate that you bought at certain rates but later on you found out that the market is still crashing. Let it be! Let it crash, your actual entry point will be set when you keep buying at different rates when it is falling.
This can easily set out a unique "Break Even Point" for you. So it won't matter at this point if you bought at higher, medium, lower prices, since you average the whole trade. If you study this well, you will get to know benefits of such multiple entry points. This really saves you when crypto or market is not doing so well.
August 19, 2021, 12:38:01 AM
no one knows to know the price is already at the bottom. but we can use area with the help of Fibonaci. we can determine the reversal area where a lot of the behavior traders will buy it. while the area in question is between 38-61 of the fibo line, this is just a market approach, because sometimes the market breaks it. then keep using the risk calculation
August 18, 2021, 08:11:49 PM
There tends to be these - what I call - SIKE! rebounds.
What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later, it dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later, it dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
Catching a falling knife?
As for the strategy? No, there's none, no one really knows that we have reach the bottom, that's why it is a risky investment. We thought that the bottom for this year is $30k, and yet we plummet to $28k-$29k and bears started to preach that it is the end of bitcoin. However, we have rebounded already. For me the best strategy is just continue to stack sats, and buying during dips and hold for long term.
August 18, 2021, 07:59:29 PM
I can't really tell what to call it because this is the casual movement of how unpredictable the Bitcoin market is. It might be someone out there has oversold their crypto or just dump straight to the market. And I agree what @Lanatsa just said, that not everyone's strategy wouldn't work for all of us.
We all have different strategy in gaining profit or trading in the market. Just using the common strategy won't actually work on others but for most it does. So you might wanna work on that way to improve your trading skills. Even in selling it's still unpredictable because you think that it was the ATH but it keeps going up again then stop and drop back to your price level.
We all have different strategy in gaining profit or trading in the market. Just using the common strategy won't actually work on others but for most it does. So you might wanna work on that way to improve your trading skills. Even in selling it's still unpredictable because you think that it was the ATH but it keeps going up again then stop and drop back to your price level.
August 18, 2021, 07:57:09 PM
There tends to be these - what I call - SIKE! rebounds.
What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later, it dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later, it dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
No strategy will work but maybe you need to learn how market goes so that you will define what is the possible dip, although the suggestion of others really helps but try to analyze the dump since for sure you will get the idea on when to buy or not although our decisions are not accurate but somehow we can react on certain market movements once we see certain factors that can possibly help us upon taking positions also learn to find where the support is strong since sometimes that is the end point of the dump.
August 18, 2021, 07:44:05 PM
Common indicators will tell if you the coin/token is already oversold and that could be a great signal to buy and wait for the market to rise because the probability that it will pump is high and that could be an opportunity to make money. You have to understand the trading there’s a lot of good indicators to use to spot the dip but of course there are still risk and that is not accurate 100%.
August 18, 2021, 07:43:56 PM
There tends to be these - what I call - SIKE! rebounds.
What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later, it dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
There's only one common way and which is using up technical indicators and you know that we can make use specially those trend lines and common support and resistances.If you do know on how to use it up together with some indicators like RSI and Moving averages.Then you would really have some idea on where it could possibly landed.What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later, it dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
Always think of that technical indicators aren't something precise for you to rely on but it is way much more better rather than having no analysis at all because if you done that
then you are just simply doing gambling.
Trial and Error is the key because strategy doesn't really work for each everyone of us.
aside from that, it deviates from one alt to another. you can't expect the same trend behaviour for all alts. they have their own market performance depending on their actual developments, marketing, etc. this will be easy to spot on if you are a long-time holder of the coin and you already have seen their up and down movement. their previous history may assist you in getting estimates as well as what is currently happening on the project.
August 18, 2021, 07:35:23 PM
There tends to be these - what I call - SIKE! rebounds.
What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later, it dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
There's only one common way and which is using up technical indicators and you know that we can make use specially those trend lines and common support and resistances.If you do know on how to use it up together with some indicators like RSI and Moving averages.Then you would really have some idea on where it could possibly landed.What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later, it dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
Always think of that technical indicators aren't something precise for you to rely on but it is way much more better rather than having no analysis at all because if you done that
then you are just simply doing gambling.
Trial and Error is the key because strategy doesn't really work for each everyone of us.
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