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Topic: Ignore the dip and Invest in Bitcoin for long term - page 9. (Read 2433 times)

hero member
Activity: 1022
Merit: 673
The dip sentiment have kept many supposedly bitcoin investors on the sideline while watching bitcoins create lows and the next, bounce back to make someone's towards the bulls. Even while the trend seems to continue, they continue in disregard with the idea that, it would dip again and then they would find an entry point but the realisation of this is usually not forth coming.

These are the set of investors that might jump in only after it is clarity bitcoin is on the rise and might not come in at all or come in when the market is stayed at a ranging point.

Better wa to help yourself at this point is to devise a hold for long plan and there is no better way to do that than, having some serious alternative source of income that isn't crypto related. Do that and you've got a better chance at long term holding.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
The truth is that most people simply do not have what it is necessary to become a good trader or investor, you could give them the money, strategy and even give them advice whenever they need it and they would still lose that money as they would fail to hold their coins properly when the time came and then they will even blame you for it, so when we understand something like this it is easy to see why so many people lose their money to the markets.
If they don't learn how to survive in the crypto market and as investors, they are doomed to fail and there will be no chance for them to profit. They won't be able to hold their coins properly and we've seen many examples of what people have experienced. Maybe they are not suitable for investing in crypto but what is clear, if they have the will to learn, surely they will be able to survive in the harsh crypto market.
full member
Activity: 1834
Merit: 166
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.
full member
Activity: 1554
Merit: 120
Buzz App - Spin wheel, farm rewards
Currently the price of bitcoin is going down, many investors want conditions like this because they aim to buy bitcoin at a low price and store it in the long term for them to make assets in the future, so I also take this opportunity to buy BNB coin to keep it I'm sure BNB coin has the potential to be stored.
legendary
Activity: 1890
Merit: 1102
Free Free Palestine
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.
The dips are not such a big deal that we are afraid to ignore them. As a long-term investor, we should expect a drop more than anyone, as this is an opportunity for us to buy bitcoin cheaply, which we cannot see during the bull season. Holding bitcoin long term will never make you lose but if you can get it cheaper than others the bigger your profit, the dip market should not be ignored.
sr. member
Activity: 924
Merit: 365
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?
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
legendary
Activity: 2226
Merit: 1971
A Bitcoiner chooses. A slave obeys.
An investment should always be a long term thing. Thats why you do so much research on your investments beforehand. If you truley believe in something then obviously you are going to be setting a goal of years before you cash out. Bitcoin however is not only a long term investment but a firm belief that we are switching to a different monetary system. A third generation of money technology.

So to me there really is not much point in "cashing out" at that point.
legendary
Activity: 2982
Merit: 1485
In 2014 I thought I was too late to the Bitcoin scene and tried as hard as getting more Bitcoin in various ways and end up losing more. If I hold them instead of wasting with stupid scamcoins or gambling carelessly I could've been in way better financial position now. I tried to earn Bitcoin faster because I thought I was late, but it backfired in the end. And I learned that there is always a new opportunity. Now I know that even if Bitcoin goes through bear seasons, it goes up even higher. I have full confidence and Bitcoin will be here to stay. That's why I'm trying to accumulate Bitcoin by being more careful now. My advice is, don't be afraid of the drops, always see it as another opportunity to accumulate more.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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.

and it also depends on the financial capability of the person how he will look at this market. he can very well do the short term trading to get immediate profits. however, he needs to be cautious about his trading activities because one mistake, he will lose all his accumulated profits.
for long-term, it means, he has the confidence in this market that sooner or later, he will get his profits.
sr. member
Activity: 425
Merit: 252
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.
sr. member
Activity: 882
Merit: 268
But low, sell high, lol I’d say that’s how you should try and do it. I think it’s important for everyone to understand to only invest what you can afford to lose. Be a responsible investor. I personally think it’s a great time to buy bitcoin, but it could certainly continue to fall, so everyone should remember that.
This is indeed the goal of it all because buying at the lowest possible price and selling at a high price is a basic concept that must be known.
But on the other hand, in this case, there are some cases that make us unable to do that, such as for example some beginners who can't read the situation or maybe we are already at a high price so there really is no reason to sell and should buy if we still have money. the rest even though sometimes many people have spent it some time ago to buy bitcoins at prices that are still relatively high.
hero member
Activity: 2856
Merit: 674
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.
That's how our mindset should be, invest for long term and do not be so eager to chase for profits because crypto investment is always best when its for long term. After all, the market will not stay forever having price dumps, it will surely recover in the right time and we'll see good profits along the way. For now, its  best to take advantage of the market first and buy a lot of bitcoin while prices are very tempting to invest. With our intention for holding it for long term, we can always ignore the price corrections that is happening, because in the end we'll know that the market still regain its bullish trend and that huge profits are waiting for those who endure long term investment.
full member
Activity: 616
Merit: 161
Look, people can't just ignore the dip. Crypto is connected to the world events, and the economy is in a downtrend. And when that's going on, people tend to lay low and not invest (most of the people). So it's really hard to ignore or bypass that little thing.
hero member
Activity: 2940
Merit: 613
Winding down.
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.
The whole concept for crypto investment will always be for long term. There may be good for short term but expect that the profits are just a small portion of what you can get from long term. And most particularly for bitcoin, where its price keeps fluctuating due to its market volatility, investing for long term will best fit for it. Just ignore the market crash, its just temporary. Focus on long term and believe me, people who always win in the market are those who can endure the market for long and those who focus on their goal for long term.
hero member
Activity: 1260
Merit: 675
I rather die on my feet than to live on my knees
I just said almost the same thing as I'm going to say here.
If you understand Bitcoin and how economy works, and how polititians are trying to control us in such way we will be absolutely under their control, you'll see that the best option is simply to by Bitcoin and hodl, for now! In a near future you will thank these avices.

Watch these 2 videos:
https://www.youtube.com/watch?v=MOm_QmnRBSs

https://www.youtube.com/watch?v=42k9vH3OXI0

They are very good because they explain some of the most basic concepts of economics and some very important aspects that our governors tells us in masked wors and we simply can't see it clearly until we watch these videos and others like these!
hero member
Activity: 2856
Merit: 667
easy to say "Ignore the dip"  Grin Grin before make any investment or buy more everyone should know the risk and must know where the dip is, yes we know that bitcoin perform well according to the past and of course going well to future but only invest with "cold money " and this dip might become a large opportunity to us. stay safe and keep learning

Having cold money invested and ready to lose is a must. Never use money that is still needed for other purposes. I learned a lot about the past that I've been through.
for long-term investment really have to be patient. there are some people who are impatient because they want a quick profit, who end up losing it all. The bearish market this time has disturbed everyone's psychology, whether they want to continue to maintain or not, or buy again with money in reserve.
Investing in bitcoin is a much better thing to do than leaving their dead money in the bank, which could never grow that much annually. But bitcoin is volatile that's why a long-term plan is needed before harvesting its profits and in times of bearish, we must keep our patience and keep from having some worries because we already know that bitcoin will always recover and will likely make another ATH this year. I say bitcoin is not for the fainted heart type of investor because bearish season will really put you to test.
legendary
Activity: 2534
Merit: 1338
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.
The truth is that most people simply do not have what it is necessary to become a good trader or investor, you could give them the money, strategy and even give them advice whenever they need it and they would still lose that money as they would fail to hold their coins properly when the time came and then they will even blame you for it, so when we understand something like this it is easy to see why so many people lose their money to the markets.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
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.
sr. member
Activity: 2436
Merit: 455
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'm practicing the same strategy. Buying bitcoin and holding for long-term investment for the future. I use the technique buy and then forget so that I won't touch my assets. I just keep them for the long term and not bother to withdraw whenever there's a dump because I know how the market moves. This could be beneficial to some people who are easily shaken.

I've seen many people who do this method too and it works as long as the coin you invested upon have the potential to have greater value in the future. Of course, someone still has to do proper technical analysis and do cutloss if necessary to avoid further losses if it's really counted as loss and not paperloss anymore.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
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.
I am a bit confused after reading your post. Are you using the profits from Bitcoin to invest in altcoins or the other way around? To me, it seems like Bitcoin is your way to get more altcoins. In that case, that's a pretty risky game you are playing. Everyone knows what's best for them, but I would personally never drop Bitcoin to adopt an alt and possibly a shitcoin created only to make a small group of developers and early investors/advocates rich.
In crypto currency risk appear everywhere so you are not safe from anywhere you buy. Since Bitcoin is 70 percent below its ATH, it will be upward soon. Maybe it takes few days more can be fixed or even slightly down but it will recover and will be up again. On the other altcoins lost almost 90% value in some coins. At this moment I would not like to invest accept bitcoin. According to the dip it is less risky as alts.
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