Keep calm and buy the dip! Told yah.

milewilda

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Quote from: Gosgosking on August 22, 2022, 02:26:21 PM

Quote from: virasisog on August 17, 2022, 10:56:03 AM

Quote from: Luzin on August 17, 2022, 05:35:38 AM

Quote from: GeorgeJohn on August 16, 2022, 04:54:30 PM

In a normal circumstances, an average trader knows quit well that cryptocurrency investment is something you will go directly to purchase when it's in the dip market. I understand that cryptocurrency have a particular face and duration foe investors to in, in order to invest and also make sustainable profit per investment. I will say that it's the reason why people do adventure in the investment immediately the market is at dip.

But I think that doesn't apply to all coins or tokens. You have to be careful, there are coins that go down continuously even to the point of scams. In fact I experienced that, this is because there are currently so many coins/tokens circulating in the market. You have to be meticulous. Indeed, when the price is below that the opportunity increases the number of coins and increases profits. Not all token coins will be able to reach past the highs they made. So I think you should choose a specific coin to invest in long-term or trade short-term.

Buying the dip won't be advisable when it comes to new projects and nonestablished altcoins. It will only work for altcoins with a strong foundation and which has been through different market situations and survived. Some altcoins drop their price and don't survive since they have weak resistance against the bearish market so it would be better to trust well-established altcoins.

It won't be even cool to buy altcoins in every dip , it is very risky because are very volatile. Buying in every dip is mostly meant for bitcoin, no matter how bitcoin go dip their is always tendency that it will come up at anytime. Buying altcoins in serious bear market not advisable.

If you would really need some assurance or high probability or simply being the default investment then it would be always be a common thing that we should really accumulate bitcoin as much as we could because if there's a bearish time then there's always those chances on having recovery which is a default thing for a market.We cant really just have a one path movement which is going down.
There's always that change of trend.Speaking about altcoins then we know that not all are shit which yes im talking about top ranking altcoins in the market where you could also opt in on
making out some investments with it and just like with Bitcoin you can somewhat assure nor presume that those coins would really be making out some significant move.

Captain Corporate

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Depends on the altcoin you are buying the dip from. I mean if you are buying some low level thing, or even something as idiotic as shiba which people still pump and have a high rank, then yeah, buying at the dip could result with even further dip eventually and hurt you. But if we are talking about ethereum or bnb, those are great ones and I think its going to be a good idea to hold it for a long term. Of course as a trader you need to look at all, I have seen people make money from the most weird and unheard of tokens just because they knew how to trade it, when its just quick trade, then all would work.

Gosgosking

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Quote from: virasisog on August 17, 2022, 10:56:03 AM

Quote from: Luzin on August 17, 2022, 05:35:38 AM

Quote from: GeorgeJohn on August 16, 2022, 04:54:30 PM

In a normal circumstances, an average trader knows quit well that cryptocurrency investment is something you will go directly to purchase when it's in the dip market. I understand that cryptocurrency have a particular face and duration foe investors to in, in order to invest and also make sustainable profit per investment. I will say that it's the reason why people do adventure in the investment immediately the market is at dip.

But I think that doesn't apply to all coins or tokens. You have to be careful, there are coins that go down continuously even to the point of scams. In fact I experienced that, this is because there are currently so many coins/tokens circulating in the market. You have to be meticulous. Indeed, when the price is below that the opportunity increases the number of coins and increases profits. Not all token coins will be able to reach past the highs they made. So I think you should choose a specific coin to invest in long-term or trade short-term.

Buying the dip won't be advisable when it comes to new projects and nonestablished altcoins. It will only work for altcoins with a strong foundation and which has been through different market situations and survived. Some altcoins drop their price and don't survive since they have weak resistance against the bearish market so it would be better to trust well-established altcoins.

It won't be even cool to buy altcoins in every dip , it is very risky because are very volatile. Buying in every dip is mostly meant for bitcoin, no matter how bitcoin go dip their is always tendency that it will come up at anytime. Buying altcoins in serious bear market not advisable.

AbuBhakar

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Quote from: ItsCrafty on August 22, 2022, 09:49:28 AM

Everyone is worried about the current market conditions and they are in confusion that whether the price will rise once again or go into more dip. Bitcoin is at dip and those who has make investment in bitcoin may be unhappy due to this act but one thing is certain that this dip will not remain for long time. This is a good time to buy some amount of bitcoin because it will be easy for you to buy as the worth is low, so it will be really sound good for all those who wants to purchase bitcoin. Those who already make investment should still wait to get it pump.

Those people who’s worried in times like this are those newbie and weak hands traders whose trading just for penny and not for future. This kind of scenario already happened multiple times since Bitcoin was introduced. You can check on Bitcointalk archives on same topic like this every time Bitcoin is dipping after all time high. Price will surely recover and this low price will surely be the dip we are talking once Bitcoin print again the new all time high.

ItsCrafty

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Everyone is worried about the current market conditions and they are in confusion that whether the price will rise once again or go into more dip. Bitcoin is at dip and those who has make investment in bitcoin may be unhappy due to this act but one thing is certain that this dip will not remain for long time. This is a good time to buy some amount of bitcoin because it will be easy for you to buy as the worth is low, so it will be really sound good for all those who wants to purchase bitcoin. Those who already make investment should still wait to get it pump.

Mr.right85

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Tried buy the dip a few days back (Thursday to be precise) and even that day didn't record a dip compared to yesterday's price. The market has got its own dip but your dip doesn't have to agree with that of the market and that's why, you should buy when you can while you can. The most important thing about where you buy is, you should be able to hold and until price climbs back up to give you some profit and you continue to hold some more, as long as you can.
Today, price has been some worth on the rise and I out of sentiment expect it to continue in the coming week but, anything could happen though.

Desscount

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Quote from: LastKiss on August 20, 2022, 07:43:02 PM

Quote from: Dollar_Hunter on August 18, 2022, 06:38:07 PM

to be honest in this bear market i really have a hard time finding the DIP price of a coin,
i've tried to analyze it technically, and when the price dump all the support is broken,
and it makes me really frustrated, any suggestions?

Use the money that you can afford to lose, invest gradually not in one move so when another bottom price is reached you can use your left money. Since we all know that the crypto market is very volatile don't really hope that your prediction is always on point, just preparing in the worst case is better rather than nothing.

a good investment indeed we have to use cold money that we don't use for daily needs,
because indeed the crypto currency market is very high risk, or we call it very volatile,
so get used to buying at DIP prices, because your psychology will be very effect than buying at the top price.

LastKiss

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SOL.BIOKRIPT.COM

Quote from: Dollar_Hunter on August 18, 2022, 06:38:07 PM

to be honest in this bear market i really have a hard time finding the DIP price of a coin,
i've tried to analyze it technically, and when the price dump all the support is broken,
and it makes me really frustrated, any suggestions?

Use the money that you can afford to lose, invest gradually not in one move so when another bottom price is reached you can use your left money. Since we all know that the crypto market is very volatile don't really hope that your prediction is always on point, just preparing in the worst case is better rather than nothing.

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

Quote from: GeorgeJohn on August 16, 2022, 04:54:30 PM

Quote from: Coin_trader on January 07, 2022, 04:02:34 AM

Quote from: Bitcoin_Arena on January 07, 2022, 03:39:12 AM

Quick question.

Have you ever bought the dip, but then the price breaks through the support and continues dropping deeper for weeks or months? Grin

Well, I have done it before.

The problem may not be panicking but may be determining the actual dip before a pump.
Not every dip is worth buying

I usually bought when there's a clear pattern already form during the dip then wait for the confirmation. I rarely experience the one you mention on my current trading portfolio since I always set a SL on all my positions when I'm entering position during dip. It's important to watch critical level if there's a downtrend after you enter a position since there's always a possibility for a rejection.

But yeah I understand what you feel because I do experience that most of the time during my newbie trader days. Grin

In a normal circumstances, an average trader knows quit well that cryptocurrency investment is something you will go directly to purchase when it's in the dip market. I understand that cryptocurrency have a particular face and duration foe investors to in, in order to invest and also make sustainable profit per investment. I will say that it's the reason why people do adventure in the investment immediately the market is at dip.

A call to buy the deep was made in Jan 2022 by OP. The deep was supposedly around $41,000 at that time, Today Bitcoin price is hovering around $21K, almost two times less than the previous "dip"

This is exactly what I exactly refered in my first comment. For a long term seasoned trader, not every dip is worth buying.

Dollar_Hunter

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to be honest in this bear market i really have a hard time finding the DIP price of a coin,
i've tried to analyze it technically, and when the price dump all the support is broken,
and it makes me really frustrated, any suggestions?

blockman

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Quote from: ?? on ??

The simplest way of making benefit in this cryptocurrency investment, is to calm down and wait to buy cryptocurrency when the price is low. At least look for the coins that will have a good recognition in future and buy, even though it's not in the lines of dip and having in mind that the future of the coin is very bright and invest on the coin. Because investment of cryptocurrency is not all about when it's in a dip time, but primarily notice the coin that have future

Low is subjective and we see people buying at the thought low price but not yet the bottom. I think the right mindset is to buy when you think the market is low and whether it dumps more, you should be prepared and buy again. It's the DCA strategy that we usually have but you're just prepared whenever a newer low comes and you still have the budget to afford and able to adapt whatever happens in the future.

konflikkastil

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Sovryn - Brings DeFi to Bitcoin

After going through your analysis, you might be right to some extent. But have you have seen a scenario a coin will break below the support level, going from dip to deeper like my guys will call it. Things happened, and even the best of signal analyst goes wrong something. Thing of putting a huge of money in crypto few months ago, when the whole market was red, and it looks like the best time t invest. But after taking a care consideration and taking time to wait. What i would have bought for around $1,500. Later, dropped to $602. Imagine if i had rush to bought it then. It would have been a very bad investment for me. I have seen several coins gone from dip, to dip, and from dip to deeper until they are no longer valuable in the market. And investors money gone down the drain. I have come to a conclusion that signal analysis, sometimes is a 50/50 thing. Sometimes, it goes your way, and a times, it goes the other way.

Fatunad

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Quote from: virasisog on August 17, 2022, 10:56:03 AM

Quote from: Luzin on August 17, 2022, 05:35:38 AM

Quote from: GeorgeJohn on August 16, 2022, 04:54:30 PM

In a normal circumstances, an average trader knows quit well that cryptocurrency investment is something you will go directly to purchase when it's in the dip market. I understand that cryptocurrency have a particular face and duration foe investors to in, in order to invest and also make sustainable profit per investment. I will say that it's the reason why people do adventure in the investment immediately the market is at dip.

But I think that doesn't apply to all coins or tokens. You have to be careful, there are coins that go down continuously even to the point of scams. In fact I experienced that, this is because there are currently so many coins/tokens circulating in the market. You have to be meticulous. Indeed, when the price is below that the opportunity increases the number of coins and increases profits. Not all token coins will be able to reach past the highs they made. So I think you should choose a specific coin to invest in long-term or trade short-term.

Buying the dip won't be advisable when it comes to new projects and nonestablished altcoins. It will only work for altcoins with a strong foundation and which has been through different market situations and survived. Some altcoins drop their price and don't survive since they have weak resistance against the bearish market so it would be better to trust well-established altcoins.

It would be still considerable as long you do make your research and then making some considerations on investing on projects which you do see that does have potential and its your call
whether you would really be taking up risk or not but in overall it would be worth if you do consider on buying the dip into those projects or coins on the market which had been established through time.
Speaking with bitcoin then there's no doubt about potential and possible price movement in the future but with other projects in the market? It cant really give out that assurance.
Keeping yourself calm on a bear market is no joke or not really that simple but once you do have that experience then it wont really be that an issue.

virasisog

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Quote from: Luzin on August 17, 2022, 05:35:38 AM

Quote from: GeorgeJohn on August 16, 2022, 04:54:30 PM

In a normal circumstances, an average trader knows quit well that cryptocurrency investment is something you will go directly to purchase when it's in the dip market. I understand that cryptocurrency have a particular face and duration foe investors to in, in order to invest and also make sustainable profit per investment. I will say that it's the reason why people do adventure in the investment immediately the market is at dip.

But I think that doesn't apply to all coins or tokens. You have to be careful, there are coins that go down continuously even to the point of scams. In fact I experienced that, this is because there are currently so many coins/tokens circulating in the market. You have to be meticulous. Indeed, when the price is below that the opportunity increases the number of coins and increases profits. Not all token coins will be able to reach past the highs they made. So I think you should choose a specific coin to invest in long-term or trade short-term.

Buying the dip won't be advisable when it comes to new projects and nonestablished altcoins. It will only work for altcoins with a strong foundation and which has been through different market situations and survived. Some altcoins drop their price and don't survive since they have weak resistance against the bearish market so it would be better to trust well-established altcoins.

GelatikKembar

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Quote from: GeorgeJohn on August 16, 2022, 04:54:30 PM

Quote from: Coin_trader on January 07, 2022, 04:02:34 AM

Quote from: Bitcoin_Arena on January 07, 2022, 03:39:12 AM

Quick question.

Have you ever bought the dip, but then the price breaks through the support and continues dropping deeper for weeks or months? Grin

Well, I have done it before.

The problem may not be panicking but may be determining the actual dip before a pump.
Not every dip is worth buying

I usually bought when there's a clear pattern already form during the dip then wait for the confirmation. I rarely experience the one you mention on my current trading portfolio since I always set a SL on all my positions when I'm entering position during dip. It's important to watch critical level if there's a downtrend after you enter a position since there's always a possibility for a rejection.

But yeah I understand what you feel because I do experience that most of the time during my newbie trader days. Grin

In a normal circumstances, an average trader knows quit well that cryptocurrency investment is something you will go directly to purchase when it's in the dip market. I understand that cryptocurrency have a particular face and duration foe investors to in, in order to invest and also make sustainable profit per investment. I will say that it's the reason why people do adventure in the investment immediately the market is at dip.

the market is down = buy, the market is up = sell, yes that's the trading formula,
moreover we are in the crypto market, where the market is very volatile, just look today,
a lot of altcoins are down -5% more to -10% because of the bitcoin price down,
this is why we are required not to be greedy when trading

Luzin

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Quote from: GeorgeJohn on August 16, 2022, 04:54:30 PM

In a normal circumstances, an average trader knows quit well that cryptocurrency investment is something you will go directly to purchase when it's in the dip market. I understand that cryptocurrency have a particular face and duration foe investors to in, in order to invest and also make sustainable profit per investment. I will say that it's the reason why people do adventure in the investment immediately the market is at dip.

But I think that doesn't apply to all coins or tokens. You have to be careful, there are coins that go down continuously even to the point of scams. In fact I experienced that, this is because there are currently so many coins/tokens circulating in the market. You have to be meticulous. Indeed, when the price is below that the opportunity increases the number of coins and increases profits. Not all token coins will be able to reach past the highs they made. So I think you should choose a specific coin to invest long-term or trade short-term.

hashrateproducts

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Quote from: riskarcher on March 05, 2022, 11:20:10 AM

Moreover, we must know how to manage our financial management to prepare for the worst scenario because it is the whales who regulate market patterns. Buy the dip means that you are ready for the price to go down again or bounce up because the market conditions still look bearish in the next few months

Managing our capital is one good and well strategize step for one to prevent or maximize loss in trading. Buying dips always be a big threat and fear to Traders because most of them are really afraid of liquidating their account. The true fact about the market is that, it pumps and dumps, but one have to know the category that will favour his capital. Some Traders like the bull market while others liked the bearish market. Crypto is patience and if a trader panic, he's close to loss in trading.

GeorgeJohn

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Quote from: Coin_trader on January 07, 2022, 04:02:34 AM

Quote from: Bitcoin_Arena on January 07, 2022, 03:39:12 AM

Quick question.

Have you ever bought the dip, but then the price breaks through the support and continues dropping deeper for weeks or months? Grin

Well, I have done it before.

The problem may not be panicking but may be determining the actual dip before a pump.
Not every dip is worth buying

I usually bought when there's a clear pattern already form during the dip then wait for the confirmation. I rarely experience the one you mention on my current trading portfolio since I always set a SL on all my positions when I'm entering position during dip. It's important to watch critical level if there's a downtrend after you enter a position since there's always a possibility for a rejection.

But yeah I understand what you feel because I do experience that most of the time during my newbie trader days. Grin

In a normal circumstances, an average trader knows quit well that cryptocurrency investment is something you will go directly to purchase when it's in the dip market. I understand that cryptocurrency have a particular face and duration foe investors to in, in order to invest and also make sustainable profit per investment. I will say that it's the reason why people do adventure in the investment immediately the market is at dip.

Hamphser

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Quote from: riskarcher on March 05, 2022, 11:20:10 AM

Quote from: newdevices on March 03, 2022, 12:14:38 PM

Quote from: ReiMomo on March 02, 2022, 01:08:31 PM

Watch out and wait for the price to go down. At times, the market might not move in the direction we expect and it might jump up and we might not be able to buy at more dip. Hence, just buy at when you planed to buy, I mean, if you wish to buy a coin, just go ahead and buy the coin when you have the amount and hold them for few months and sell them off when you are satisfied with your profits.

As long as the price is still in line with what you want, deciding to buy is also a good thing and there's nothing wrong with that,
most importantly before making a decision we must know what we will do later,
for now it might be difficult to see the market can be stable

Moreover, we must know how to manage our financial management to prepare for the worst scenario because it is the whales who regulate market patterns. Buy the dip means that you are ready for the price to go down again or bounce up because the market conditions still look bearish in the next few months

Whenever i do make profits whether on a sideways or bullish market then i do always set aside some amounts which would really be saved up for later on or on the time that there's an opportunity to buy cheap.

If you do miss out on having some saved amounts or allocation then you would really just simply stare and missing out the chance on buying cheaper coins which is something regrettable.If you dont like to miss

out opportunities something like this then you should really know on when to save up funds out of those profits you do made earlier.Its just common sense but this is something
a hard thing to be done specially if you are really that in need of money or funds from time to time.

Bhig Daddy

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Yes, given the current state of the market, now is not the time for a lengthy ride. Time to engage in short trading. Considering that you never know what the next call will be, it becomes sense to scale back your trades now rather than opening them with the idea that the price would rise over what is fair. Of course, we won't reach ATH anytime soon, so any profit made now should be accepted with gratitude.

Topic: Keep calm and buy the dip! Told yah. (Read 1413 times)