Topic: Keep calm and buy the dip! Told yah. - page 7. (Read 1326 times)
In trading, calm is also very important, meaning that no matter how bad the market conditions, do not create a situation of fear or anxiety of losing a bigger asset. When the market suddenly drops, our emotions must be controlled as well as possible, do not rush to conclusions with the results of losses. It is better to wait until market conditions recover, and believe that it is impossible for the market to always dump and dump.
buying while there is still no sign of trend reversal can be a dangerous thing because if the price drops below $40,000 we will see a bloodbath that could lead the price to drop much to the $37,000 which is not a very strong support and can be easily broken which would take us to $30,000. so at this moment, watching the market is the best option
But, I suggest anyone to go buying right now still only for 10 to 25% of their available capital and wait for more confirmation about further market movement; because I know people who were waiting to buy below $10k by the times of 2021 January. So, do not miss the currently available opportunity; grab it still follow DCA.You buy many alts as much as you want but for me, do not diversify a lot if that's what you think. I'm not telling that don't do that but don't be too focused with it that you might miss the opportunity for bitcoin.
In my opinion, do not go for altcoin investment just for the reason of diversification; I have seen plenty of altcoins never got chances to bounce back but bitcoin alone keep increasing hence always trust bitcoin and invest at regular intervals. 
buying while there is still no sign of trend reversal can be a dangerous thing because if the price drops below $40,000 we will see a bloodbath that could lead the price to drop much to the $37,000 which is not a very strong support and can be easily broken which would take us to $30,000. so at this moment, watching the market is the best option
I know most of the user here especially newbie are already in panic due to the current retest on support of BTC to 40K level.
Exactly, many people panicked enough with this situation since the last past year until this early year, the price of bitcoin keeps dropping. Many feel panic enough and sell their assets, sell for a cut loss, so sad to know this and they think again that Bitcoin is already enough to support.
And buying in the dip is also still confusing because we don't know that after a certain support point, the price will actually go up or it will fall back to the next support resistance point.
therefore, it takes a little more strategy so as not to go all-in when Bitcoin is at certain support.
Keep calm and hodl!
I won't make the same mistake of selling at the bottom this time. I'll be HODLING.It's a normal scene that we see and the price isn't that much too low and bad just as what the others are seeing on it. Those that see it low, you should start buying if you don't want to miss it.
Everyone must have made a mistake when trading, as long as we don't repeat it again, that's already a good thing. Therefore, most successful
traders are experienced in the crypto world, because sometimes we really need to make mistakes first to learn, that panicking and selling coins
at low prices is a mistake. So we have to be patient in facing the current bearish trend, by remaining calm and holding the coins we have until
our target is achieved. Or we can also buy more potential coins at low prices if we still have capital. It can't be instant to make a profit,
need good emotional control and effective strategies. Therefore, never stop learning, so that our trading skills continue to increase.
Keep calm and hodl!
I won't make the same mistake of selling at the bottom this time. I'll be HODLING.It's a normal scene that we see and the price isn't that much too low and bad just as what the others are seeing on it. Those that see it low, you should start buying if you don't want to miss it.
And besides, as we aim for long-term investment, I guess it wasn't needed for us to check the market daily. We just let that price moves up and down, we can take control of it no matter what we do.
Yup, long term people are just going to be calm on this retest and even if we hit support, it's totally okay. I know most the user here especially newbie are already in panic due to the current retest on support of BTC to 40K level. I just want to share this TA from my trusted TA analyst to give some hope to those user who's already losing faith to Bitcoin.
This H&S pattern will be rejected once BTC price break the 40K level which is very low to occur since MACD is already bullish on the following week. Keep calm and hodl!
Everyone is on panic now which it is really a typical reaction for someone to have in mind specially that price is always been unpredictable.It is really hard to be calm specially when you are still a newbie or someone who is This H&S pattern will be rejected once BTC price break the 40K level which is very low to occur since MACD is already bullish on the following week. Keep calm and hodl!
new into the market which it is really an unavoidable thing for you to mind on and we know that TA's could be anytime be fucked up thats why im not precisely that too confident on looking whether
we do have some bullish movement next week or something like that because market would be always be having that kind of recovery because there would be only
two possible paths on which it could go.
And besides, as we aim for long-term investment, I guess it wasn't needed for us to check the market daily. We just let that price moves up and down, we can take control of it no matter what we do.
I know most the user here especially newbie are already in panic due to the current retest on support of BTC to 40K level. I just want to share this TA from my trusted TA analyst to give some hope to those user who's already losing faith to Bitcoin.
This H&S pattern will be rejected once BTC price break the 40K level which is very low to occur since MACD is already bullish on the following week. Keep calm and hodl!
Everyone is on panic now which it is really a typical reaction for someone to have in mind specially that price is always been unpredictable.It is really hard to be calm specially when you are still a newbie or someone who is This H&S pattern will be rejected once BTC price break the 40K level which is very low to occur since MACD is already bullish on the following week. Keep calm and hodl!
new into the market which it is really an unavoidable thing for you to mind on and we know that TA's could be anytime be fucked up thats why im not precisely that too confident on looking whether
we do have some bullish movement next week or something like that because market would be always be having that kind of recovery because there would be only
two possible paths on which it could go.
For this type of situation, I think we should split our portfolio into parts, so we can't miss any good opportunity. By doing this we will not miss the coming dips and also there will be no worries of big loss.
In this situation, it looks like people are going to start to panic because I bet they didn't expect this to happen since they aiming and looking forward to see the pump like $100k but never expect a lower dip. If they clearly see the bigger picture here they will surely try to buy the dip or hodl. But unfortunately, there are certain people that do sell due to panic that they would miss their chance to take the profit.This month will be probably a bloody month for Bitcoin so I think next month will be different if it goes what people are expecting.
To break a new ATH.
For this type of situation, I think we should split our portfolio into parts, so we can't miss any good opportunity. By doing this we will not miss the coming dips and also there will be no worries of big loss.
In this situation, it looks like people are going to start to panic because I bet they didn't expect this to happen since they aiming and looking forward to see the pump like $100k but never expect a lower dip. If they clearly see the bigger picture here they will surely try to buy the dip or hodl. But unfortunately, there are certain people that do sell due to panic that they would miss their chance to take the profit.This month will be probably a bloody month for Bitcoin so I think next month will be different if it goes what people are expecting.
To break a new ATH.
Quick question.
Have you ever bought the dip, but then the price breaks through the support and continues dropping deeper for weeks or months?
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
That is the biggest risk of buying the dip and truth to be told there is no way to mitigate it completely, after all no one can predict what the market is going to do with complete accuracy so buying the dip still has some risks associated with it, still I think it is a good strategy, however it is one that requires a constant influx of capital to your fiat accounts so in the case the dip keeps getting larger you still have some capital available to buy the next dip.Have you ever bought the dip, but then the price breaks through the support and continues dropping deeper for weeks or months?
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
For this type of situation, I think we should split our portfolio into parts, so we can't miss any good opportunity. By doing this we will not miss the coming dips and also there will be no worries of big loss.
I think that will be a great idea not to make a huge loss in the end. The market is clearly giving good signs to invest so its up to us how we can handle this opportunity. If we can DYOR and create good analysis on how to be profitable this time, then do it.However, newbies this time are definitely thinking on how they could stop their losses seeing the prices are going deeper. But if they chose to keep calm and continue hodling, they will never experience losses as the market will surely recover in time.
Good analysis, yes the 40k is a very strong support but we'll see it after it was tested let's hope that it will sustain this support for what I see now it jumped over to 42k I'm pretty sure that in the next few months now we will be in bullish trend. Yes the OP is right keep calm and buy the dip since it is a good entry to make an investment in Bitcoin.
Now the price really looks attractive and given the strong support, which is at $40k, you can spend part of the deposit to buy BTC on the spot market. When trading with leverage, it is necessary to set a stop loss below 40 thousand in order to reduce your losses in case the support does not survive.
Well, there is nothing new in that title 
I think that although it is true a TA can lead you to determine a dip is the "correct" for you one, the reality is that sometimes you should not put all the money in at that DIP the reason is very simple, the correct dip is not known but if we must have the money available to do it when it appears outside of our analysis, the "game" is to have the money to invest every time the dip is located in our profit margin. We must understand that what for some is a dip for others is still a red strip, it is circumstantial.
In short, if you are not a full-time trader or a hodl by conviction, just activate the notifications at the dip level of your convenience.
I think that although it is true a TA can lead you to determine a dip is the "correct" for you one, the reality is that sometimes you should not put all the money in at that DIP the reason is very simple, the correct dip is not known but if we must have the money available to do it when it appears outside of our analysis, the "game" is to have the money to invest every time the dip is located in our profit margin. We must understand that what for some is a dip for others is still a red strip, it is circumstantial.In short, if you are not a full-time trader or a hodl by conviction, just activate the notifications at the dip level of your convenience.
For this type of situation, I think we should split our portfolio into parts, so we can't miss any good opportunity. By doing this we will not miss the coming dips and also there will be no worries of big loss.
Quick question.
Have you ever bought the dip, but then the price breaks through the support and continues dropping deeper for weeks or months?
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
Have you ever bought the dip, but then the price breaks through the support and continues dropping deeper for weeks or months?
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
after all no one can predict what the market is going to do with complete accuracy so buying the dip still has some risks associated with it, still I think it is a good strategy, however it is one that requires a constant influx of capital to your fiat accounts so in the case the dip keeps getting larger you still have some capital available to buy the next dip.
@ Silberman, this is exactly the manner to lose all your money if you are regarding this to trade. Dip for trading has no limit because as @Bitcoin_Arena said you can buy in dip and it keeps dropping , if you keep going in you keep losing. So for a trader in such case is to stay out from the market at that period if you don't understand the market. And for a hodler, there is no need for panic hodl and it will recover soon.
Just a possible scenario mate. Try read again my post.
So it is one of those TA that says:
"If it goes higher, it will go up. If it goes lower, it will go down."
That explains a lot.
But you are missing one possible scenario. What if it goes sideways??
I don't know if it happened before but...
What if it goes backwards?
This TA sucks.
Quick question.
Have you ever bought the dip, but then the price breaks through the support and continues dropping deeper for weeks or months?
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
That is the biggest risk of buying the dip and truth to be told there is no way to mitigate it completely, after all no one can predict what the market is going to do with complete accuracy so buying the dip still has some risks associated with it, still I think it is a good strategy, however it is one that requires a constant influx of capital to your fiat accounts so in the case the dip keeps getting larger you still have some capital available to buy the next dip. Have you ever bought the dip, but then the price breaks through the support and continues dropping deeper for weeks or months?
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
If you zoom out, you will find that the price is high compared to several months ago, and therefore there is no need to worry.
I remember that at the beginning of last year I sold some currencies when the price rose to the level of 42k support level, which was considered All Time High.
The resistance level at 42K is difficult to break easily and therefore is considered a good buy level.
It may be the last time we see Bitcoin this low.
That is the long term approach and unfortunately only a few people can do it, or at least few people talk about it. Reality is that at the start of 2021 we were around 30k, even slightly under it if I am not wrong, and somewhere around September we were at around a bit under 30k once again, now we are at 40k+ prices and people talk about like it is end of the days.I remember that at the beginning of last year I sold some currencies when the price rose to the level of 42k support level, which was considered All Time High.
The resistance level at 42K is difficult to break easily and therefore is considered a good buy level.
It may be the last time we see Bitcoin this low.
I do not get why people are so worried about this situation, but we all know that it is not something that is too dangerous, it is something very fine and we should not be worried about it. I get that we peaked at 68k+ levels and that is what people want, but just because we are not at the top prices doesn't mean that we are in the low prices neither. There is a big difference between those two, do not be happy that we are at 43k but do not be sad about it neither if you ask me, that's clear answer.
I think you can't blame people who wanted to see the price higher.
I mean how many of them who did enter around $40k-$50k? So probably but this time they are all in a panic since their investments are not going nowhere. And maybe this people are first time investors who believed that the price will continue to soar even after a peak at $68k a few months ago. So there is a big difference in the sentiments of newbie and old investors are far as the price movement goes.
here we are faced with a psychological war, where when the price is bearish as it is today, the assets we have will also fall, and it is hoped not to panic sell, but in my opinion we must have other thoughts, namely by buying during a situation like this time. therefore the importance of reserve funds to anticipate bearish conditions is highly recommended for me
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