Undermining the risk of investing in Bitcoin right now because it’s inestimable. One cannot predict how the market will be the next minute. So why not focus on investing rather than just selling out because of the dip or Do you believe Bitcoin will never rise again?
what you're saying right now is excellent correct and I found out that it is it the mentality of investors is to get profit and that is why whenever market is on read colour everyone panic to sell in order to make profit and not to involve in Lost, the future of Bitcoin is not predictable and that should be one of the major reasons why no one is supposed to panic and sell when Bitcoin is experiencing red so what you said is reasonable enough for some people not to rush and they sell out their currencies because of sign or a symbol off cryptocurrency falling 
Topic: Ignore the dip and Invest in Bitcoin for long term - page 8. (Read 2392 times)
I just don’t mind the dip anymore as I am now committed to buy Bitcoin every month through the traditional old-school dollar-cost averaging (DCA) method. BTC is for long term and I have regretted not doing DCA with it before because of being complacent with various altcoins (especially the pump and dump ones).
Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.
Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.
Since no one is a fortune teller and no one can predict the top and bottom of bitcoin, it's best to buy bitcoin on every dip and do the dollar cost average.
For those who have missed the previous bitcoin rally this might be another or a last chance to jump in, invest in bitcoins and wait for the next all time high which will surely be near the halving.
(...)
You may have had success with ETH, but how do you believe it with BTC? Although I am a huge beneficiary in this market as a means to buy other altcoins, it is fair to say that we are benefiting from those who are losing money. And it's like a war, so the winners will see an opportunity in the future that they take for themselves, so it's not for all losers or winners.Its really easy to say that ignoring the dip and go for long term but as a human being then having that anxiety and doubts could really be just a normal situation for you to
experience since we dont want or like to lose money which its understandable on having these kind of reaction.
If you do go for long term then there are other traditional investments we could take, or simply talking about diversification.
(...)
You may have had success with ETH, but how do you believe it with BTC? Although I am a huge beneficiary in this market as a means to buy other altcoins, it is fair to say that we are benefiting from those who are losing money. And it's like a war, so the winners will see an opportunity in the future that they take for themselves, so it's not for all losers or winners.
I just don’t mind the dip anymore as I am now committed to buy Bitcoin every month through the traditional old-school dollar-cost averaging (DCA) method. BTC is for long term and I have regretted not doing DCA with it before because of being complacent with various altcoins (especially the pump and dump ones).
Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.
Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.
Since no one is a fortune teller and no one can predict the top and bottom of bitcoin, it's best to buy bitcoin on every dip and do the dollar cost average.
For those who have missed the previous bitcoin rally this might be another or a last chance to jump in, invest in bitcoins and wait for the next all time high which will surely be near the halving.
I just don’t mind the dip anymore as I am now committed to buy Bitcoin every month through the traditional old-school dollar-cost averaging (DCA) method. BTC is for long term and I have regretted not doing DCA with it before because of being complacent with various altcoins (especially the pump and dump ones).
Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.
Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.
I don't know how ops come about mixing up Bitcoin profits to ethereum, all I can see is he is trying to advise how to sell high and buy low. But in my observation of investments like Bitcoin is that a long time goal is good but then one needs to keep constant contact with the market so that you will. not end up losing everything, must, especially in a volatile market like cryptocurrencies.
The price of Bitcoin has come down one step again, hopefully it will come down further. The fall in the price of Bitcoin will create a golden opportunity for investors. So invest some of your capital in Bitcoin at your convenience. Make good money.
The price of bitcoin was around17,900$ few days ago , and then it moved up to 21,000$ approx. Many people missed to buy at that time but now bitcoin is near 19,000$ and there is likely a chance bitcoin might hit the 17,000$ again.
If anyone don't want to miss again this golden opportunity to buy, then they should place the buying order at 17,000 and 18,000$. Bitcoin migh make a wick on these low prices before again heading towards 20K+.
Dips are for buying and not for panic selling.
The price of Bitcoin has come down one step again, hopefully it will come down further. The fall in the price of Bitcoin will create a golden opportunity for investors. So invest some of your capital in Bitcoin at your convenience. Make good money.
Undermining the risk of investing in Bitcoin right now because it’s inestimable. One cannot predict how the market will be the next minute. So why not focus on investing rather than just selling out because of the dip or Do you believe Bitcoin will never rise again?
I am more confident that Bitcoin will rise again as it did last year and also as it did a few years ago. The focus that you offer is indeed very good, because for now everyone is better at buying and holding Bitcoin than having to sell everything. Yes, the market is not completely predictable, but trust that market conditions will improve again after this downturn.We need to just stay back, relax and not screw anything up. If you end up doing something that will ruin all the chances we have, then we are going to end up with a big problem and nobody would want that to happen.
It is useful advice, but when the market is in decline, a dip may be a better option. Although long-term investment in bitcoin is also a good strategy.
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The question is, could everyone do this? No, and not only do they fail to do this, many in fact do the exact opposite. Isn't it that we are told to buy low and sell high? But many are actually buying when there's a surge in price because they FOMO and sell when there's a big correction because they panic. If only people would begin to be strong enough to buy the dip, corrections would cease to be what it is right now, a time for panic selling.
Only people with strong hands can do it, while others will panic seeing market conditions that change every day. Our job is to buy low and sell high and we don't have to look at market conditions every day, especially if we can't control how we feel about a volatile market. Maybe people must leave the market once they can buy at low prices so they won't be swayed by negative news.I don't even know if this strategy of leaving the market or not monitoring the prices is applicable to emotional investors. I'm sure emotional Bitcoin owners cannot stand a day, even an hour, not checking its price. So it is either they invest with a strong hand and be completely aware of the risks and possibilities of Bitcoin or they will fall to fear and sell when the going gets tough. If somebody cannot help but panic when the market condition is bad, he also cannot help but look at the price every now and then.
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account.
So you mean to forget about it for about 5-10 years?
legendary
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If you can hold on to your nerves and relax without getting panic looking at the charts provoking you to sell then definitely you can gain profits from btc in long run once the prices are revived.The other way is invest some amounts at these dips which will help you more but if you can't then simply hold it.
The downtrend tends to affect people's nerves and also the fact that the prolonged bear market has an effect on both the wallet and the moral of a trader. In such times I feel moving away from the market for a short period of time works wonders. By that time some of your proposed orders will have been completed and you would be delighted to see that you are accumulating the right asset in the right direction.Liquid money crunch is the problem that one will face in such times. In such cases, just stop buying for sometime and let the market recover. After all you will make money when you sell these assets at the bigger price so you have to wait it out anyway.
The important thing is not to panic sell and exit, that is the test of patience here.
Not going to ignore the dip because its what gives opportunity to buy bitcoin lower and lower as it dips. It all depends on the type of trader that you are. Some do short term trading/investing while some do long term. It's just to stick to what works for you.
Yes, rightly said why ignore the dip? Rather we should wait for the dip to buy bitcoin at cheap prices. The current bitcoin prices are the cheapest to invest for the mid to long term. Only a year ago, people used to say that they will buy bitcoin of it reaches 20K again. Today, the price is again 20,000$ but most of them are still not buying and they consider that even 20K is a high price for bitcoin. These people never buy bitcoin as they just keep on waiting forever.
Buy now else you will regret it when you will see bitcoin reaching all time high again in 1-3 years.
The question is, could everyone do this? No, and not only do they fail to do this, many in fact do the exact opposite. Isn't it that we are told to buy low and sell high? But many are actually buying when there's a surge in price because they FOMO and sell when there's a big correction because they panic. If only people would begin to be strong enough to buy the dip, corrections would cease to be what it is right now, a time for panic selling.
Only people with strong hands can do it, while others will panic seeing market conditions that change every day. Our job is to buy low and sell high and we don't have to look at market conditions every day, especially if we can't control how we feel about a volatile market. Maybe people must leave the market once they can buy at low prices so they won't be swayed by negative news.I don't even know if this strategy of leaving the market or not monitoring the prices is applicable to emotional investors. I'm sure emotional Bitcoin owners cannot stand a day, even an hour, not checking its price. So it is either they invest with a strong hand and be completely aware of the risks and possibilities of Bitcoin or they will fall to fear and sell when the going gets tough. If somebody cannot help but panic when the market condition is bad, he also cannot help but look at the price every now and then.
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
This is the right time to buy more cryptocurrencies especially Bitcoin because the more people come into the market and increases their demand for it, its value continues to grow rapidly.
I tried acting like this in the past , I even wonder how to forget about the investment and let it there for at least 3-5 years , but suddenly ? i cannot manage to make it happen because it is hard to deny the fact that when browsing this forum we will be triggered to check the market from time to time so just admit it, we are here to check our valued asset each time and decide what to do after.My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
This is the right time to buy more cryptocurrencies especially Bitcoin because the more people come into the market and increases their demand for it, its value continues to grow rapidly.
and this is why many are turning into losses because of panicking after seeing the market fall badly.
That 50 bucks I earned 2-3 years ago for writing a week? Well, that is now 200 bucks because of how much the price went up. This is how you make money, you buy and you hold, and if you really really need to, sell only a little. As long as you do that, you could always be here, or check the markets.
Bangladesh Bank is known to buy or store bitcoin in other cryptocurrency in Bangladesh, but according to the law of Bangladesh, it is illegal to trade or save bitcoin or any other cryptocurrency.
Undermining the risk of investing in Bitcoin right now because it’s inestimable. One cannot predict how the market will be the next minute. So why not focus on investing rather than just selling out because of the dip or Do you believe Bitcoin will never rise again?
I am more confident that Bitcoin will rise again as it did last year and also as it did a few years ago. The focus that you offer is indeed very good, because for now everyone is better at buying and holding Bitcoin than having to sell everything. Yes, the market is not completely predictable, but trust that market conditions will improve again after this downturn.If we should go by the history of bitcoin, we would be able to find out that bitcoin always bounces back in price after a long bearish market. As the crypto market is unpredictable, so is bitcoin's future. The present market condition of bitcoin requires us to buy the deep rather than sell. Sell now and regret it later
Totally agree with what you said because selling all Bitcoins now will give you more regrets later or when Bitcoin increases again. I think for now is the time to stick with all existing assets and also buy as much as possible before things escalate again in the market. 
Not going to ignore the dip because its what gives opportunity to buy bitcoin lower and lower as it dips. It all depends on the type of trader that you are. Some do short term trading/investing while some do long term. It's just to stick to what works for you.
That is if you have a steady funds that allotted only in this kind of scenario , because if you are going to sell other coins just to buy bitcoin then the tendency of you losing in altcoin bump is there.
we should remember that both bitcoin and legit altcoins are moving forward and downward together so yes best to have them both and you must always ready in occasions like this.
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