Topic: Must love the DIP in other to maximize profits - page 2. (Read 839 times)

The dip isn't the only Bitcoin accumulation process, it's only an opportunity that investors have to get bitcoins at lower prices and continue their accumulation journey with other means like DCA, loving the dip alone isn't much of a good decision because you might end up waiting in vain and not accumulating Bitcoin if the extent of the dip your expecting doesn't come by.

DCA is one very effective accumulation process because you get to buy bitcoins during different pricing and this helps smoothen the price volatility and help you accumulate good stashes of Bitcoin and increase your portfolio in a limited stress and highly effective way.

The dip is just an opportunity that presents itself, but your target should be to increase your portfolio, so while purchasing periodically, you can utilize the dip to accumulate more   Bitcoin. The goal is to keep accumulating and not just loving the dip alone.

Whether you consider buying a dip or not, the key for you is to be aware and not be swayed by short-term market sentiment. Invest what you can afford to lose here and it shows your intelligence to see Bitcoin as a long-term investment and a chapter in the ongoing story of Bitcoin, which can take you to new heights going forward. So I think the Bitcoin dip will create a safe situation for long-term investors and from this point of view there is nothing to worry about this pullback.

Determining DIP as an investor is a bit complicated though considering the surrounding price should decide to buy Bitcoin in a downtrend. If you have decided to invest, choosing the right time to invest your capital with Bitcoin should not be based solely on price considerations. If you can start depositing bitcoins with DCA method, you should start at any time regardless of the price because you don't need any special experience to deposit with this method, it is recommended to continue depositing only through long term investment strategy. By following this method in the long run, purchases of different values ​​will add to your portfolio and show an average UP which will periodically show a downward trend in value as your Bitcoins increase.

When it comes to investing in Bitcoin, you will surely love the DIP,   No one makes an investment without expecting profits in return, apart from maximising profit DIP also leads to increased adoption as most persons becomes more interested in buying Bitcoin with the hope of maximising profit, DIP also reduces volatility as the market focuses more on Bitcoin fundamentals,So most time when I see a DIP I put so many things into consideration which will determine me investing at that time or not, but must times I invest and make profits though on a long term basis.

This one enter my body well well na why I say make I chuck mouth here, person wey no dey wey no dey buy Bitcoin and person no get money to buy no get anything to gain so no be everybody wey the Bitcoin dip dey favour na person wey dey use the opportunity to acquire more.

Make person wey no get different way wey money dey enter em hand no go use muscle dey buy oooo because when the dip go show face with full force you no get anything to gain if you say make you sell small thing use hold body.

Me I get one last thing to add here, as you dey buy to hold make you also remember say some kind emergency dey occur and you go need money in Fiat to take solve one or two matters abeg make you try keep money wey you fit you see front in case anything happens tomorrow because our naija don cast and anything fit happen anytime so we need to dey watchful, try dey keep your funds for better place and avoid keeping your investment for exchange make you no cry out loud when dem fold or closed down.

If we are to actually say the truth then we all.know that buying during the dip is probably the best and most preferred time and period to get hold of good appreciatable value of Bitcoin well that's ofcourse if you are patient enough to let it grow into good profits and I highlighted this because most crypto enthusiast especially Bitcoin investor no really get that patience sha na for most people wey no get proper orientation for the world of Bitcoin and crypto space in general.

I don’t know if I’ve written on this post previously, but I think reading it again, and still find it worth writing on, there are two typical type of holders which include the long term holders and the short term holders and regardless of whatever class one falls into, what actually matters is that, at the end of the day or session, there is a profit and as a holder, one isn’t supposed to be bother over price fluctuations especially when such a holder is a long term holder and this is because he already has a target, while the short term holders are the ones known as the traders and these sets of holders especially the smart ones are always seizing every opportunity either bear or bill to make profit.

I agree with your title and not just for maximizing profits but also to minimize losses.

My brother, you don talk well, you know say for this Bitcoin investment business wey we find ourselves, where the gain mostly dy, na how much you buy? Though e dy very common in our society say anytime the market dy dip very hard, people dy always dy panic, some dy even sell at a loss, and the experience people they see the dip as opportunity to buy at a very low price, so that one alone surpose tell us say, in this Bitcoin investment business, we dy all see differently, and na according to your level of knowledge and understanding of how the system dy work, nai go help you make more money, but if you no get patience to wait, just know say this Bitcoin investment business no be for you, the business also need patience, that's why you go hear something like buy the dip and hodl.

Lastly, concerning the title of this thread, my brother, to tell you the truth, no Bitcoin investor like when the market dy fall, them wan just see green on the steady, but falling in love with the dip na one thing wey I know say dy very difficult to do, no be play.

The bear and the bull seasons are what makes the market become more interesting so we can not consider one without the other as they both work in favour of investors because basically, if there was only bull season it would be difficult for new investors to come in because they will consider the price of their entry so no much new investors will come in so the inflows will also be reduced so it is important that as we experience the bull, a bear should also come and there is no way the market won't experience bear season because there are times when there is no much inputs in the market for a period of time so within those periods it will certainly affect the price of Bitcoin and it moves towards a bear season which grants investors opportunity to buy at a more lower price. The volatility of Bitcoin is what equates the fluctuations in market prices.
            Yes knowing too well that Bitcoin is a long term asset, buying more at a DIP price is preferable because if the price skyrockets it will be difficult for people to buy and since almost every part of the world is experiencing inflation now has made most countries currency to lost value such that before you use Fiat to buy Bitcoin you must have spent a whole lot of money so it will be advantageous buying at a DIP price instead of when the price skyrockets.

You are right here. All season in Bitcoin are important to a bitcoiner and investor at any point in time. When a lot of person are complaining about the bear market a lot of investors are jubilating because they want to buy more Bitcoin at a cheaper price that they bought last. And if the price of Bitcoin do not fall there wont be volatility in the market to yield profit.

When you think of the price going way above 100k there might be a limited number of persons who will be able to invest in Bitcoin especially in this era where inflations is increasing everyday by day. If am to ask if the price of Bitcoin to dip or skyrocket now i will surely choose the dip so that i will have more time to accumulate more Bitcoin that i have now.

You are absolutely right because as long as cryptocurrency is concerned buying at the Dip is actually the best way for an investor to make a huge amount of money when the market pump. However, just like as you have said we should always try as much as possible to invest on a coins that we know that despite the Dip, that it will still raise again. like Bitcoin, because once you buy it at Dip you are sure that it will still pump again, however investing on Bitcoin is always the best.

The best or easiest way to make money from this cryptocurrency market is buying the dip and selling the pump, but make I tell you one thing no be every coin dem Dey buy when it’s at dip some will never raise again. The most obvious example is those memecoins on Solana blockchain and other blockchains. Avoid trading most especially of they have gotten to a very high market cap. Imagine buying bome at the current price or the 0.006 you want it to fall to, it will have to get to a billion market cap before you get a 2x on it, which is very risk number in memes. Buying dips are for solid caps and not Memes, because the risk is very high

Omo me na this bear and bull circle I dey use cashout oo... My own coin an the ones wey dem built on top solana and e dey help my portfolio wela. The more the coin get zeros for back the more profit dey shoot. Like now like this I dey wait make Bome go as low as 0.00600 then I buy and wait for a week for it to  enter 0.007900 then I sell and make my small change make I buy wetin the money reach to buy.

Everything all falls down to the part where it is advised that a investor should have a sustainable income so that when times like this comes in the market, they have what is reliable to give them money and not investment. My reason is that whether small-scale investors or big scale investors when the investment target is long the price at any point in time is not supposed to affect them at all. As long as the bitcoin fraction is not so low that when the price dips to some extent, they may lose all their coin entirely.

Having a sustainable business or work would help investors when they see the dip to buy more bitcoin leading to an increase in their portfolio. Anyone without a steady income flow should be evicted from investing in Bitcoin.

Many people have not really understood the important of the DIP and how to take advantage of it. I noticed this from the last DIP where even people I expected to know better were all worried about the rapid dump that happened. Some of them go as far as selling their bitcoin at lower prices simply because they feel they are protecting themselves from further losses. However, some people took advantage of the DIP to buy more knowing that bitcoin will always bounce back. It was not long before it did, and the market returned to the vicinity of the price before the drop in price. Therefore, some people have made good profit from the dip while there are people crying for wasting their bitcoin.

Na true you talk so, the DIP na something wey dey inevitable no matter how the market play reach e must surely touch the DIP part. Just that during the period e get investors dem wey no dey value am, some sef go dey fear or even dey think weda dem go sell, but the moment wey be say na investor wey carry this kind long love for DIP go see am as golden opportunity to invest, some dey even take am aggressively at that moment because e dey like dey fit no see  am again at that price but not aggressive in a way e go later choke dem.

Normally DIP nah the best time for who get money to buy bitcoin as eh they present time way person fit use smaller money carry buy plenty volume of bitcoin way be say if price been dy up eh for no too cost like that. But one thing way I go still advice person be say even if the market dip well make the person no rush go buy more than watin eh been budget with hope to sell when the bull season come because sometimes we no they fit predict how the market go waka.

You have made good points mate, one can actually any time not only prioritizing buying the dip since there is possibilities of having an increment ven after buying at the peak, no doubt buying at the dip can give more Bitcoin with the same amount that would give less amount of Bitcoin, we should be much ready for size various opportunities in the market, it has alot to do with what we want either for Short profit or accumulating wealth for the future. Those who emphasis much about the buying the dip are mostly the traders for short term profit.

The dip moments are precious moments for a holder and that’s because it’s always an opportunity to accumulate more coins for future profits but I think I have a lot of persons weren’t prepared for this very bill run atleast the majority of people I know and I wouldn’t have to blame them because almost all the people I know in the crypto space came almost same time with me and weren’t prepared for what was coming atleast not in a country like mine as people are saving for their savings to save them.

I also agree with you that loving the process and anticipating the future is always the enticing hope of a holder

If person know like this 3 means say the person done already know say long term holding nai be the best method to hold. The important thing be say make we start to dey hold mostly from the dip but that one no also means say when the bear market reach make them no buy. Everytime also dey perfect to buy Bitcoin no matter how much the price be.
The dip nah just opportunity wey we suppose grab and buy more because at that dip season nah Bitcoin go reduce small so that even those wey dey fear say Bitcoin price high them self go also try but small. And no doubts say even those wey dey trade Bitcoin dey also buy during the dip.