How to Buy The Dip - page 2. | Bitcointalksearch.org

CryptoMobster

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Activity: 137

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Educator | Trader | YouTuber

Quote from: BitcoinYu on June 19, 2019, 09:34:02 AM

Hello traders!

I hope the previous trading guide was very useful for you and I know that this will also come in handy!

A lot of people want to jump in when they see the price has fallen down! But not always they choose the perfect moment. Well, you have to do your research because the price might still go down when you buy!

Trust me - I know this stuff, I bought Bitcoin when it fell to $13 000 from $20 000 and thought, YES!!!!!! This is my chance! Also, my dad transferred me $3 000 to invest in bitcoin and ethereum. Because I said that this is the lowest point! Roll Eyes

You all can understand how that turned out for me...

So here is my new guide - or you can say it is the second part of the trading guide - https://paybis.com/blog/how-to-buy-the-dip/

This almost sent me to sleep.

Kemarit

legendary

Activity: 3080

Merit: 1353

The thing is, you don't want to "catch a falling knife". It is every traders dream to really buy stash of Bitcoin during the dip, but who knows, this is very dangerous as well. You don't know if the price has just started it's drop and to be follow by a sharper downturn. $3200 was the last price that everyone should buy, but during that time many are still shouting that it can still go lower, as low as $1800. So I don't know if some newbies still waited for that drop to happen, otherwise they missed the boat again.

ryzaadit

legendary

Activity: 2660

Merit: 1261

Honestly, no one cant buying a real Dip most of us using a support line to buy every dip. But i think if we see from the past history of bitcoin, buying around 85-95% from the ATH after a bullish trend would be good. You can get really a dip price if buying -95% from the ATH price, example just right now went bitcoin down from $20.000 to $3000/$3.500 its around on -85-95% from the ATH Price.

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: BitcoinYu on June 19, 2019, 09:34:02 AM

So here is my new guide - or you can say it is the second part of the trading guide - https://paybis.com/blog/how-to-buy-the-dip/

Finding the bottom is always been the question on most people/trader.I didnt clicked the blog yet im aint interested on whats

being written here yet no one can really have that kind of precise predictions when it comes on identifying if we are already buying on the

dip.It do really just matter on our risk management and emotion because it cant really be avoided when we are already on a low price,the
hesitance on purchasing up is there.

beerlover

legendary

Activity: 3052

Merit: 1188

So wait a minute, you bought bitcoin at 13 thousand dollars when it went down from 20 thousand dollars, you also took money from your dad to invest around the same times and you thought this was the perfect time to buy because it was the bottom and now you wrote an article about how to buy the dip and want us to read it?

I mean I am not entirely sure if I should Cheesy

I have personally sold during 20 thousand dollars and bought a lot more during 6 thousand dollars thinking that would be the bottom even though it hit 3 thousand dollars afterwards but even I look like I did a great thing compared to buying at 13 thousand Cheesy

. I still think buying at bottom is a "feeling" thing and you may never know until we hit it, how many people would have known 3.4 would have been the bottom but now looking back we all know it, it is really difficult to calculate.

Cherylstar86

sr. member

Activity: 1484

Merit: 253

Every dip is an opportunity to be grab on but have to be aware and study the possible outcome because the market has carrying high volatilization that affect the price of the choosen coins. Also, predicting on how and when does bull trend exist is very hard to predict. So, being observant and wise on every deliberation we take will evade us from loses.

NeuroticFish

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Looking for campaign manager? Contact icopress!

Quote from: BitcoinYu on June 19, 2019, 09:34:02 AM

So here is my new guide

I don't trust any "buy the dip" guide. And you know why? Because the dip "today" may be one thing and the dip "in a month from now" may be totally different, maybe bringing even lower price.
No. There are day traders that buy and sell and sometimes can catch the dip at buying, today and also in a month, just because they buy in almost every "moment" that looks like a dip.
We, the rest, simply buy now and then, and the spread will allow us get Bitcoin at an average OKay-ish price.

babysweetTiger0401

sr. member

Activity: 777

Merit: 251

Quote from: BitcoinYu on June 19, 2019, 09:34:02 AM

Hello traders!

I hope the previous trading guide was very useful for you and I know that this will also come in handy!

A lot of people want to jump in when they see the price has fallen down! But not always they choose the perfect moment. Well, you have to do your research because the price might still go down when you buy!

Trust me - I know this stuff, I bought Bitcoin when it fell to $13 000 from $20 000 and thought, YES!!!!!! This is my chance! Also, my dad transferred me $3 000 to invest in bitcoin and ethereum. Because I said that this is the lowest point! Roll Eyes

You all can understand how that turned out for me...

So here is my new guide - or you can say it is the second part of the trading guide - https://paybis.com/blog/how-to-buy-the-dip/

You know what buddy, the market was still unpredictable and its hard to say what could b the price in the market.
So the only things I could suggest is sell when most of the traders are doing it to sell their coins then
buy when many of them are buying altcoins while its volume increase in the market too.

DoublerHunter

hero member

Activity: 2590

Merit: 644

The fact is we don't know when is the dip situation we only know when we look at the chart price graph and compare in the previous situation. If you want to invest bitcoin or ethereum just purchased as much as you can and hold it into your wallet. No need to wait when the dip is because we don't know exactly happen in the future price. When your profit was there then you are buying from the dip but if you still lose just keep on holding and patiently wait.

jigzaheedcoin

member

Activity: 194

Merit: 10

☀️ Iskra Coin ☀️

Quote from: nicolaz.zhu on June 19, 2019, 08:28:58 PM

Sometimes predictions are always incorrect, where we are sure that the price is the safest, but in reality it becomes a problem. Is it better for us not to immediately put our money at one price. We must play a number of prices below the price we selected earlier.

Buh the dip but choose those running tokens on the coinmarketcap website, so you could see the previous chart trend. Look at unto the highest pic rise of the currency so you could see its potential when another price rally will happen you can be able to sell your asset bought during the dip. Grab the best opportunity while price is cheaper during the dip.

nicolaz.zhu

member

Activity: 469

Merit: 16

Sometimes predictions are always incorrect, where we are sure that the price is the safest, but in reality it becomes a problem. Is it better for us not to immediately put our money at one price. We must play a number of prices below the price we selected earlier.

actmyname

copper member

Activity: 2562

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Spear the bees

Go to your local grocery store, walk down to the snacks section... look near the row of chips and you'll most likely find your dip.

Stedsm

legendary

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Trust me buddy, you never know if it will remain handy with the ongoing resistance there and break it above or just kill it by settling down the support levels meeting new support lines once broken at lower parts. Nobody can tell you the exact point as to where you can expect the dip to have ended (BTC went from $20k to $3k which is more than 6x down from its ATH which none of us expected). You can only water your investment to grow steadily while continuously putting extra money after each failure (I've tried this and got success) until you reach your targets. Some people here try to become oversmart by going marginal way - once again trust me, you'll end up your capital in grave because whales look for that one moment when they make you believe that the markets are sure to go green / red, but the moment they watch a big fish coming (orders setting up at higher leverage to pull / push the price), that's when they enter and make you lose everything you put into that one bet which can also lead to a drastic emotional situation to be handled by the one who loses. Here's an example:
Chinese Crypto Entrepreneur Killed Himself after Losing 2000 BTC Using 100x Leverage

harizen

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For support ➡️ help.bc.game

Quote from: BitcoinYu on June 19, 2019, 09:34:02 AM

So here is my new guide - or you can say it is the second part of the trading guide - https://paybis.com/blog/how-to-buy-the-dip/

My own approach on that "buy the dip" depends on the current price behaviour or the so-called "price trend". Sometimes, even the price dip already meets my criteria and I'm confident enough that "it's the right time to make a "re-entry", still, I hesitate to initiate the buy action because of other factors. I do take advantage of the dip not because for short-term trades but for a purpose of continuous accumulation then hodl.

Nice article you have there. Well-detailed and also have a sort of disclaimer. Can be a reference to those traders who wants to add some knowledge about trading stuff. Keep it up.

Baofeng

legendary

Activity: 2576

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I didn't check your link, but I guess there is no secret formula in buying the dip. I mean if you see the overall sentiments of the market that time and the bubble that we reached during 2017, it was just a matter of time before it is going to be burst. Then it started in December and really feel hard around May when even ICO project's are dumping their ethereum just to have money to continue with their project.

But as far as bitcoin goes, we all know that the bubble has been burst and the sentiments that time is pessimistic, 'bitcoin is dead', lots of doom sayers, experts perma-bears wakes up from their hiberation, etc, etc.

BitcoinYu

jr. member

Activity: 48

Merit: 10

Hello traders!

I hope the previous trading guide was very useful for you and I know that this will also come in handy!

A lot of people want to jump in when they see the price has fallen down! But not always they choose the perfect moment. Well, you have to do your research because the price might still go down when you buy!

Trust me - I know this stuff, I bought Bitcoin when it fell to $13 000 from $20 000 and thought, YES!!!!!! This is my chance! Also, my dad transferred me $3 000 to invest in bitcoin and ethereum. Because I said that this is the lowest point! Roll Eyes

You all can understand how that turned out for me...

So here is my new guide - or you can say it is the second part of the trading guide - https://paybis.com/blog/how-to-buy-the-dip/

Topic: How to Buy The Dip - page 2. (Read 452 times)