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Topic: Learn to appreciate the DIP. (Read 739 times)

full member
Activity: 445
Merit: 100
May 04, 2021, 03:34:47 PM
#98
Beginners still have limited experience when the cryptocurrency market goes up and down, so when the market goes down they panic so they sell their assets, in contrast to people who take advantage of this moment they will buy as much as possible when the price is down to sell it at a later date.
Talking about the experience, it is clear that newbies have a lot to learn in this regard, because if they still feel panic when trading, profits will be very difficult to obtain, because the key to trading in crypto is patience and don't panic when corrections occur.
Learning crypto is a process and for me there shouldn't be any short cut in obtaining such knowledge required in crypto world. Those kind of scenario is quite common in newbies especially if they jumped on process 1 to process 10, if you know what I mean. Me personnally, I studied crypto for about a year before I moved to trading and I can say that it is worth the wait.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
May 04, 2021, 01:01:37 PM
#97
Beginners still have limited experience when the cryptocurrency market goes up and down, so when the market goes down they panic so they sell their assets, in contrast to people who take advantage of this moment they will buy as much as possible when the price is down to sell it at a later date.
Talking about the experience, it is clear that newbies have a lot to learn in this regard, because if they still feel panic when trading, profits will be very difficult to obtain, because the key to trading in crypto is patience and don't panic when corrections occur.
Experience Traders and investors who are in the cryptoshpere for a long time already know the best time to buy  is when the price is undergoing correction or dip  they consequently continue to buy at  every dip whereas newbies are often jittery and panicking because of the fear of losing out completely, I never bother now whenever there is any price dip because I am used to it now, obviously the tendency of the price  pumping after every pull back is very certain and sure especially Bitcoin.
full member
Activity: 983
Merit: 100
May 04, 2021, 11:54:05 AM
#96
Beginners still have limited experience when the cryptocurrency market goes up and down, so when the market goes down they panic so they sell their assets, in contrast to people who take advantage of this moment they will buy as much as possible when the price is down to sell it at a later date.
Talking about the experience, it is clear that newbies have a lot to learn in this regard, because if they still feel panic when trading, profits will be very difficult to obtain, because the key to trading in crypto is patience and don't panic when corrections occur.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
May 04, 2021, 11:53:27 AM
#95
Beginners still have limited experience when the cryptocurrency market goes up and down, so when the market goes down they panic so they sell their assets, in contrast to people who take advantage of this moment they will buy as much as possible when the price is down to sell it at a later date.

Even though the BTC value is dropping sharply, the dominance is not increasing. It means that people who have put their BTC into alts are not turning back their alts as much as they should. So in simple words, BTC hodlers are becoming alt hodlers. Still, a long way to go for alts but these tiny steps or you may say these tiny dips are the foundation for something great in the future when people will not even bother about the dips, they will embrace it by investing more.
full member
Activity: 560
Merit: 105
May 04, 2021, 11:44:57 AM
#94
Beginners still have limited experience when the cryptocurrency market goes up and down, so when the market goes down they panic so they sell their assets, in contrast to people who take advantage of this moment they will buy as much as possible when the price is down to sell it at a later date.
member
Activity: 476
Merit: 12
May 04, 2021, 11:24:51 AM
#93
Recently the market has recovered very well after dumping. Personally, I have also made quite a large profit from doing Buy the dip trades.
I don't know when the crypto market crash will happen but for now, I love this method of trading. The market is still in an uptrend and that is in favor of the majority of buyers.
hero member
Activity: 1344
Merit: 565
May 04, 2021, 04:06:45 AM
#92
I think its just their emotions toying with them, noobs most especially they always think the market should keep pumping and most time they are the people who fomo and buy altcoins at their all time high then when a correction happens they become agree and start hating crypto, but the truth is that if they waited a little to buy, dips are the best time to buy good altcoins at a cheap price.
That's right, for people who are very familiar with the conditions of the Crypto market, it is clear that they will never panic when there is a correction and even immediately rush to pair their preferred purchase of tokens at a low price point, because a decline is a good opportunity to buy tokens and coins best.
I would say most investors know this but it is your ability to control your emotions that makes the difference in the market amongst different investors. People understands that they should be able to buy more as the price dips but the mentality of I dont want to loss profits and dont know if the market will recover or how soon makes them react that way in a market dip. 
full member
Activity: 533
Merit: 100
May 04, 2021, 03:18:01 AM
#91
That is right, dip also can see as a good thing. one is as what you've just said buy at low price,  and two i think is correction, if a token cant pull anymore, then through dipping, stable, and next wave can be pulled higher more than ever.
sr. member
Activity: 742
Merit: 250
SURVIVE | P2E
May 04, 2021, 12:40:15 AM
#90
Dip is the best thing in crypto knowing that with that dip its good to accumulate and buy more cryptos. This is the mindset of every millionaires that when there is a massive dip they don't panic sell but instead they grab this opportunity to add more on their port because they know once there is a massive pump it will be more beneficial to them.
hero member
Activity: 2366
Merit: 504
May 03, 2021, 10:20:47 PM
#89
I think its just their emotions toying with them, noobs most especially they always think the market should keep pumping and most time they are the people who fomo and buy altcoins at their all time high then when a correction happens they become agree and start hating crypto, but the truth is that if they waited a little to buy, dips are the best time to buy good altcoins at a cheap price.
It's such a very well known thing that newbies who are too emotionally attached to their investment always make the most poor decision like ever, you see so many recent newcomers who got to know crypto from the recent hype usually buy it at high and when bearish market come they gonna sell it at low.
But, that's just a process of natural selection, they want quick profit but instead they lose their money. There's reason why not all people who invest could get rich it's because investing isn't just putting money and the market will magically double the amount of initial investment. However by that, if they truly has the will to keep up and making profit they certainly gonna learn from their past experience however if they are not really that persistent they gonna come to hate the market as you say.
full member
Activity: 812
Merit: 100
May 03, 2021, 10:14:58 PM
#88
I think its just their emotions toying with them, noobs most especially they always think the market should keep pumping and most time they are the people who fomo and buy altcoins at their all time high then when a correction happens they become agree and start hating crypto, but the truth is that if they waited a little to buy, dips are the best time to buy good altcoins at a cheap price.

That's it, we should not let emotion control our rational thinking. The dip could be a trap to make people sell more.
If we see a dip happening in top good coins, we should accumulate them as many as we can because it will correcting back to the normal price or even higher once the dip period ended.
sr. member
Activity: 1246
Merit: 285
May 03, 2021, 02:50:21 PM
#87
Easier said than been done  Grin Grin
Its tough to see your capital decline in value and again, there is always lost of opportunity cost especially if you can't buy more as it dip. You are stock and force to hold and hope the market rebounce as soon as possible.
---
Haha .. yes ... not as easy as imagined.  and this is training for our mental.  When doing analysis, there are always two possibilities: according to predictions or vice versa.  so we must be prepared to face these risks and quickly read the situation if there are things that are detrimental.  experience and technical skills are needed in this regard, there is no need to rush.
member
Activity: 560
Merit: 26
May 03, 2021, 02:01:39 PM
#86
Easier said than been done  Grin Grin
Its tough to see your capital decline in value and again, there is always lost of opportunity cost especially if you can't buy more as it dip. You are stock and force to hold and hope the market rebounce as soon as possible.
The earlier you know this, the better for your safety in investing. Whenever market plunge, it's not every dip that grow back to the upside but some times there is retracement in Fibonaci level which is usually around 50% up before making another trend
full member
Activity: 445
Merit: 100
May 03, 2021, 01:26:05 PM
#85
those who are still panicking suddenly will feel better when they are used to the downturn in the market, because usually those who panic are new people who have no experience in the crypto space so they tend to quickly release the assets they already have.
That is why being knowledgable enough is really essential in crypto because it will make them rich and wise with regards to their decision. Another important thing is to identify whether the sudden dump is just a dip or it is actually starting to a bearish market. Some people lose the value of their assets cause what they know that it is just a dip and suddenly the market price didn't recover and they are left in the air with thier holdings.
Yeah knowledge is key in this crypto space. Knowledge which is gained from experiences rather than learning would be more handy to make use of the situations. If we notice then we can easily spot out how market is moving based on few patterns and just following that pattern and profiting will be possible when we are good in knowledge and experiences.

Making use of correction would be an easier method to make good profits in this crypto space but unfortunately most people are afraid to make use of dips as they have reasons like expecting more cheaper prices or lack of funds due to poor money management.
Yeah but most of the newbies right now are skipping every process in crypto. They tend to lose their assets because they are doing some crucial without proper and enough knowledge.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
April 23, 2021, 10:20:43 AM
#84
I think its just their emotions toying with them, noobs most especially they always think the market should keep pumping and most time they are the people who fomo and buy altcoins at their all time high then when a correction happens they become agree and start hating crypto, but the truth is that if they waited a little to buy, dips are the best time to buy good altcoins at a cheap price.
That's right, for people who are very familiar with the conditions of the Crypto market, it is clear that they will never panic when there is a correction and even immediately rush to pair their preferred purchase of tokens at a low price point, because a decline is a good opportunity to buy tokens and coins best.

The very reason that you needed to go deeper into this business before taking your first step.
There are lots of unexpected movements where the market change it's directions.

You'll lose money if you fail to do your research and quickly followed the current trend, unlike those who have good
knowledge regarding to this business they are capable of adjusting and taking the advantages.

Be wise and furious you'll never know the exact timing but you can always speculate and earned.
sr. member
Activity: 1106
Merit: 310
April 23, 2021, 10:19:11 AM
#83
I think its just their emotions toying with them, noobs most especially they always think the market should keep pumping and most time they are the people who fomo and buy altcoins at their all time high then when a correction happens they become agree and start hating crypto, but the truth is that if they waited a little to buy, dips are the best time to buy good altcoins at a cheap price.
That's right, for people who are very familiar with the conditions of the Crypto market, it is clear that they will never panic when there is a correction and even immediately rush to pair their preferred purchase of tokens at a low price point, because a decline is a good opportunity to buy tokens and coins best.
some people they can't accept when the price goes down because there could be two things that happen, first, they failed to take profit and riding the pump expecting the price to reach where they heard it's going to be but in the end its pure disappointment for them, second is that because of the correction and fail to take the profit, its useless for them since they were caught empty-handed because their funds where stuck in the price which if they sell is a loss, one thing people should realized is to take profit everytime there is a oppurtunity because this will help them bag more when the price dip.
hero member
Activity: 2576
Merit: 579
April 23, 2021, 10:11:29 AM
#82
I think its just their emotions toying with them, noobs most especially they always think the market should keep pumping and most time they are the people who fomo and buy altcoins at their all time high then when a correction happens they become agree and start hating crypto, but the truth is that if they waited a little to buy, dips are the best time to buy good altcoins at a cheap price.
That's right, for people who are very familiar with the conditions of the Crypto market, it is clear that they will never panic when there is a correction and even immediately rush to pair their preferred purchase of tokens at a low price point, because a decline is a good opportunity to buy tokens and coins best.
copper member
Activity: 1190
Merit: 3
April 22, 2021, 05:48:05 PM
#81
From my point of view, today's dip can become tomorrow peak. Every dip(for genuine projects only) has an opportunity to enter and invest. With this, you can accumulate more coins and average your investment costs. That is one of the reasons, we should not put all our funds in one go. Such dip can give us more benefits.
sr. member
Activity: 978
Merit: 250
April 22, 2021, 05:34:46 PM
#80
Your prediction will work every single time if you are patient. A big dip always lasts long, if you are looking for it, then wait for the last moment where the price is stable. Actually, we couldn't see that kind of dip right now. We are in a bullish market, so better wait for a low dip. Never can we earn the highest profit, but research will help you more to find out the problem. If you follow a coin price graph closely, you definitely will know the right opportunity.
member
Activity: 854
Merit: 21
April 22, 2021, 05:33:30 PM
#79
The fear of the dip comes from not understanding the basics of price movement and market structure
If the overall markets structure for a particular coin is still bullish on the higher timeframes like the daily or weekly time frames, then i dont dear the dips that happens intraday because the market will always respect the market structure of the major timeframes
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