The Legendary Forumla of Dip = Opportunity

TheUltraElite

legendary

Activity: 2828

Merit: 1213

Dont be a ShitcoInfluencer for quick bux, it sucks

Quote from: Victorik on June 17, 2022, 04:55:22 AM

I will disagree on your last statement. Not every dip is an opportunity. Some dips never recovers.

Altcoins have the habit of not recovering from dips not bitcoin. You can confirm this by looking into bitcoin charts and comparing them with altcoin charts. History will speak for itself.

Quote

So, it depends on the coin in question. If you say a dip for BTC is an opportunity, I may agree with you but the question is, can you tell the dippest dip.

You dont need to find the deepest dip. When the price drops, everyone will flock into to buy, so catching the lowest price is never possible even for a quick trader due to a lot of factors. But buying at a low price near that lowest point is important. You might completely miss the dip, in which case just wait it out. Trading is not about being the best, it is about being consistent with trades.

Quote

What if you buya dip, and it keeps dipping?

A likely scenario during a bear market. If you already bought and spend all your allocated budget then just wait for it to go back up. If you havent spent all your money, keep buying in smaller fractions as it goes down. Note these in a personal chart so you know when you sell how much profit you are making.

sklopan

jr. member

Activity: 98

Merit: 2

In general, the market itself is quite difficult, and at the same time requires a sufficient level of training. Otherwise, it is extremely difficult to get a result.

sana54210

legendary

Activity: 3150

Merit: 1127

Quote from: stomachgrowls on June 12, 2022, 06:32:52 PM

Quote from: so98nn on May 27, 2022, 12:12:33 AM

1) Why bitcoin is falling so harshly?
2) Why altcoins fall when bitcoin is falling?
3) I sold my bitcoins in loss, what should I do?
4) When will bitcoin go bull again and when is the resistance for current market?

1. News or events in the market
2. Correlation of price is always next in line
3. DCA would be ideal
4. Resistance and Support is always unknown

Whenever you do make out decisions then it wont be precisely 100% sure that it would work.No matter how old or veteran or pro you are
into this market you are still not sure on what would be the outcome about on your price predictions.

I agree with the first one, the "bad news" is the reason why it went low, but the news was regarding finance this time around. I mean FED increasing the interest rate means that there would be money going out of crypto (and stock market and gold etc etc) and going into interest instead.

So, it is not just bad news, it's what the news is about. The other parts are correct, there is nothing to argue against it, bitcoin and alts are correlated and traded together, hence why they move together that's true, DCA is definitely a way to go, and rebuying right away would work too, because selling when it's low is a bad move, and fourth one is also quite correct in this market, maybe not so much in stock world, but it is unknown in crypto.

breathlessz

member

Activity: 770

Merit: 12

Trphy.io

Quote from: stomachgrowls on June 12, 2022, 06:32:52 PM

Quote from: so98nn on May 27, 2022, 12:12:33 AM

1) Why bitcoin is falling so harshly?
2) Why altcoins fall when bitcoin is falling?
3) I sold my bitcoins in loss, what should I do?
4) When will bitcoin go bull again and when is the resistance for current market?

1. News or events in the market
2. Correlation of price is always next in line
3. DCA would be ideal
4. Resistance and Support is always unknown

Whenever you do make out decisions then it wont be precisely 100% sure that it would work.No matter how old or veteran or pro you are
into this market you are still not sure on what would be the outcome about on your price predictions.

what is certain is that in investing bitcoin, the risk becomes our friend. I think that if we understand the behavior of bitcoin movements, the biggest risk is waiting for the bullish season to come, because we know to always hold on to when prices decline during a bearish season like today, and those who panic, of course, many sell in conditions make a loss, and in the end regret it in the future

Victorik

member

Activity: 966

Merit: 14

Tontogether | Save Smart & Win Big

I will disagree on your last statement. Not every dip is an opportunity. Some dips never recovers. So, it depends on the coin in question. If you say a dip for BTC is an opportunity, I may agree with you but the question is, can you tell the dippest dip. What if you buya dip, and it keeps dipping?

stomachgrowls

hero member

Activity: 2828

Merit: 767

Quote from: so98nn on May 27, 2022, 12:12:33 AM

1) Why bitcoin is falling so harshly?
2) Why altcoins fall when bitcoin is falling?
3) I sold my bitcoins in loss, what should I do?
4) When will bitcoin go bull again and when is the resistance for current market?

1. News or events in the market
2. Correlation of price is always next in line
3. DCA would be ideal
4. Resistance and Support is always unknown

Whenever you do make out decisions then it wont be precisely 100% sure that it would work.No matter how old or veteran or pro you are
into this market you are still not sure on what would be the outcome about on your price predictions.

Silberman

legendary

Activity: 2450

Merit: 1322

Quote from: Oilacris on June 10, 2022, 02:33:23 PM

Quote from: Silberman on June 09, 2022, 01:52:48 PM

At the end of the day the markets are at their core a decision making contest, no one is perfect and we will make mistakes but the ones which on average take better decisions will make profits while those which make the most mistakes will lose it, it is that simple, and truth to be told newbies do not have what it is necessary to take the right decisions the majority of the time, meaning that even if they get lucky once in a while, over the long term their decision making ability will come up short and they will eventually suffer massive losses.

We do really have that beginners luck but we know that this is something that cant really sustain for long term and on the time where they do experience profitable trades then they would mainly thought that trading is easy
then they do become confident and this is where losses starts to come out and which it is really just a normal scenario because people wont eventually learn if they wont experiences losses.
Whenever the market price declines then its not always means about opportunity specially on altcoins which we know that there are indeed tendency of long time recovery or doesnt really pump anymore
thats why any decision to be made does have corresponding risk which is pretty basic so its up to someone on how they would gonna deal with it or accept it.

It is because of this that I have always thought that the worst thing that can happen to a newbie in the markets is to get some early and undeserved profits, but why is this the case? Because they may get the impression that making profits in the markets is easy and they do not need to study them, then when their luck runs out and they make huge losses instead of trying to learn more about the markets they will think they are experimenting bad luck, when in fact the only thing that is happening is that they do not have good luck on their side anymore.

SirLancelot

hero member

Activity: 2478

Merit: 582

Quote from: worle1bm on June 11, 2022, 02:23:29 AM

Trusting those stable coins after Luna crash is not at all good decision and the owner of funds has cashed out millions already and his Twitter profile going private giving clear signs of rug making the market loose badly and also some mentally sick due to big loss.This might happen with some other stable coin also so for me it's not going to work anymore but yes investment in btc is surely wise moves especially during these dips contrary to those are selling at this time.Just holding them not trading for long term is best solution for me.

It was luna who crash, what is its relation to the stable coins? Nothing, so it is safe to continue buying them and I think it's not the luna who make its twitter account private but after the crash, there are still posts on their account and they also advised people to stay calm because they are preparing something and they will give an airdrop to those who lost their money in luna.

It was the shiba inu that allegedly removes all its twitter post as well as other blog posts and articles. I don't know if this is a sign that they are turning into a scam but it was already expected anyway since the start so there is nothing to be blame here only those who invest on this meme coin.

lixer

hero member

Activity: 2478

Merit: 586

Quote from: worle1bm on June 11, 2022, 02:23:29 AM

Trusting those stable coins after Luna crash is not at all good decision and the owner of funds has cashed out millions already and his Twitter profile going private giving clear signs of rug making the market loose badly and also some mentally sick due to big loss.This might happen with some other stable coin also so for me it's not going to work anymore but yes investment in btc is surely wise moves especially during these dips contrary to those are selling at this time.Just holding them not trading for long term is best solution for me.

It has always been a complaint about stable coins, take for example I can remember that a lot of people used to complain about USDT, until today there are still people complaining about how it is not fully backed by the US dollar, but by some other assets that the company owns or whatever. So in a case like this, maybe considering the stable coins which are decentralized might be a better option.

But as for me, I haven’t really made use of any stable coin, I’m always making use of Bitcoin, ethereum, and a few other cryptocurrencies that I feel are reliable, and no stable coin is on the list. But if anyone should be considering a stable coin, then I might say that DAI, which is a decentralized stable coin would be a good option here.

Cling18

full member

Activity: 1708

Merit: 126

Quote from: Leebabe on June 11, 2022, 08:29:22 AM

Every dip is an opportunity no doubt but then aside the fact that people are scared of taking risks at the right time and start asking certain questions as to when to buy or when to sell, it would be good to know that the dip in most cases favors those with funds and not those with little. When your capital is already invested in crypto and a sudden dip comes in, people become caught up in the point of "should I sell now "?. So it's either they take the little profit at the time and not become greedy or they sell at little loss instead of hoping and hoping that it would go back up. They could also hodl but for those with a lot of funds they could also hodl and at the same time buy more when it dips. So every dip is an opportunity but it mostly favors those with enough funds

During the dip, people are having a hard time making decisions because of fear but they easily make up their own minds when the market recovers and buy during the bull season which makes them lose a lot. When others are in fear, wise investors must take advantage of the market. Buy potential coins which we know can recover after the bear season and hold them until the bull market approaches.

Leebabe

newbie

Activity: 42

Merit: 0

Every dip is an opportunity no doubt but then aside the fact that people are scared of taking risks at the right time and start asking certain questions as to when to buy or when to sell, it would be good to know that the dip in most cases favors those with funds and not those with little. When your capital is already invested in crypto and a sudden dip comes in, people become caught up in the point of "should I sell now "?. So it's either they take the little profit at the time and not become greedy or they sell at little loss instead of hoping and hoping that it would go back up. They could also hodl but for those with a lot of funds they could also hodl and at the same time buy more when it dips. So every dip is an opportunity but it mostly favors those with enough funds

Hypnosis00

sr. member

Activity: 2254

Merit: 332

Quote from: Oshosondy on June 11, 2022, 04:07:31 AM

Quote from: worle1bm on June 11, 2022, 02:23:29 AM

Trusting those stable coins after Luna crash is not at all good decision and the owner of funds has cashed out millions already and his Twitter profile going private giving clear signs of rug making the market loose badly and also some mentally sick due to big loss.

Some stable coins are better, Terra UST was just so common because it got to billions of dollars marketcap, I think it got to $10 billion or so. There are many algorithmic stable coin in the past that failed just like luna, there are good ones that are not algorithmic, they are better, example are dai, usdc and tusd. But I will recommend people to convert to fiat which is safer than stable coin.

If we can't manage to hold, converting our crypto t fiat money is highly recommended rather than sacrificing and hurting ourselves thinking about the current situation.

But if we can, I don't think stablecoins are an option due to some issues of scam exit and devaluated, we instead choose Bitcoin and ETH for long-term investment. With this bear season, we look for sustainable projects, not those that have been created for hypes and useless projects. Likely not meme coins.

Oshosondy

legendary

Activity: 1414

Merit: 1118

...gambling responsibly. Do not be addicted.

Quote from: worle1bm on June 11, 2022, 02:23:29 AM

Trusting those stable coins after Luna crash is not at all good decision and the owner of funds has cashed out millions already and his Twitter profile going private giving clear signs of rug making the market loose badly and also some mentally sick due to big loss.

Some stable coins are better, Terra UST was just so common because it got to billions of dollars marketcap, I think it got to $10 billion or so. There are many algorithmic stable coin in the past that failed just like luna, there are good ones that are not algorithmic, they are better, example are dai, usdc and tusd. But I will recommend people to convert to fiat which is safer than stable coin.

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: so98nn on May 28, 2022, 03:20:13 AM

Quote from: mk4 on May 27, 2022, 12:15:40 AM

Quote from: so98nn on May 27, 2022, 12:12:33 AM

After all either market crashes or it goes up and all of us has to do is one god dam thing, you just hodl your crypto tight, either move them to stable coin economy to stop the losses.

I'd go with a different advice and tell people to actually think twice or thrice about the 'crypto' they actually bought — if they actually do something decent, or if it's just your typical useless yet overpriced cryptocurrency. They need to sober up sooner or later, unless they want the markets itself to sober them up by teaching them a hard lesson.

I would never advice them to buy any random coins but for any dips it’s always best to secure the funds in stable coins. Looks way promising and better rather than selling it for the fiat and then re buying later. Crypto to crypto transaction makes sure we don’t get taxed for the sell off into bank accounts. At least that’s the case where crypto is now taxed and continuously traced for. I believe paying tax on crypto makes us loose money in the process.

Trusting those stable coins after Luna crash is not at all good decision and the owner of funds has cashed out millions already and his Twitter profile going private giving clear signs of rug making the market loose badly and also some mentally sick due to big loss.This might happen with some other stable coin also so for me it's not going to work anymore but yes investment in btc is surely wise moves especially during these dips contrary to those are selling at this time.Just holding them not trading for long term is best solution for me.

libert19

hero member

Activity: 2464

Merit: 934

Quote

However, in crypto space you should remember; you are not at all in loss if you have not sold any of your portfolio. This is common logic everyone must apply to their trading methods.

I don't need to sell they just turn to zero Cheesy

Freeveto

member

Activity: 150

Merit: 30

Quote from: so98nn on May 27, 2022, 12:12:33 AM

1) Why bitcoin is falling so harshly?

Demand and supply forces , after a long rally Bitcoin usually takes a correction back to those rally.

Quote from: so98nn on May 27, 2022, 12:12:33 AM

2) Why altcoins fall when bitcoin is falling?

This is how the algorithm of the market works it is set that Bitcoin drives the entire Cryptos.

Quote from: so98nn on May 27, 2022, 12:12:33 AM

4) When will bitcoin go bull again and when is the resistance for current market?

Bull run usually kick start after every having , So Buy and HODL Bitcoin for 4 years
Resistance is at ATH

Oilacris

hero member

Activity: 2996

Merit: 609

Leading Crypto Sports Betting & Casino Platform

Quote from: Silberman on June 09, 2022, 01:52:48 PM

Quote from: Sanitough on June 08, 2022, 04:18:35 PM

Quote from: Adbitco on May 31, 2022, 11:03:38 AM

Can we call it curiosity or anxiety maybe could say fear factor mostly influenced many individual by selling of their asset due to the market instability waving. What i mostly noticed is that spending time studying the market is very hard for mostly people or for those who just jumped into the market without properly analyzed the market when it goes against them that's when regrets comes fort leaving them in a confused state either to sell or buy neither hodl.

When you enter the market without any in-depth research and on gaining idea on how your investments will prosper, expect that it will be totally hard for you to manage your investments and may don't even know how to act accordingly either to buy or sell when the market is showing crypto prices in dips. For most of the newbies, they develop fear and panic when the prices have become unstable and ends up selling their coins at a loss. While smart investors act fast and takes advantage on buying for potential coins while the market is giving dip opportunities to buy and hodl.

At the end of the day the markets are at their core a decision making contest, no one is perfect and we will make mistakes but the ones which on average take better decisions will make profits while those which make the most mistakes will lose it, it is that simple, and truth to be told newbies do not have what it is necessary to take the right decisions the majority of the time, meaning that even if they get lucky once in a while, over the long term their decision making ability will come up short and they will eventually suffer massive losses.

We do really have that beginners luck but we know that this is something that cant really sustain for long term and on the time where they do experience profitable trades then they would mainly thought that trading is easy
then they do become confident and this is where losses starts to come out and which it is really just a normal scenario because people wont eventually learn if they wont experiences losses.
Whenever the market price declines then its not always means about opportunity specially on altcoins which we know that there are indeed tendency of long time recovery or doesnt really pump anymore
thats why any decision to be made does have corresponding risk which is pretty basic so its up to someone on how they would gonna deal with it or accept it.

TheUltraElite

legendary

Activity: 2828

Merit: 1213

Dont be a ShitcoInfluencer for quick bux, it sucks

Quote from: RealMalatesta on June 08, 2022, 01:32:54 PM

Traders may not feel the same way, because traders are not after making a quick buck, they are after making a huge profit and that is why they are not seeing this return. However, if we are talking about long term investors, they see a lot better in the future of crypto and that is why they believe that the investment you make right now, should be fine because we believe it will be higher eventually anyway.

Day traders know their game too, they would rather day trade than hold - their daily earning is not huge but enough happening everyday keeps the machine going. While long term traders will make medium chunks of money at a certain interval, so both ends up equating to an extent. Of course it is a matter of choice and practice, but day trading is more risky than long term. Those who have the faith for long term also often day trade because they know bitcoin is here to stay. The ones who dont have the faith and still day trade are going to lose.

Quote

If you are willing to hold bitcoin for 5 years versus max 5 days, then you will know the difference. So this dip, is a miracle for some people, miracle that they didn't believe it would happen and that is why it is loved by many so much.

5days max is often the goal for many newbies - you will be surprised to know how many are out there doing this. For them a dip is like the end of the world. Not having read charts and previous market movements leads to these types of wrong decisions.

Silberman

legendary

Activity: 2450

Merit: 1322

Quote from: Sanitough on June 08, 2022, 04:18:35 PM

Quote from: Adbitco on May 31, 2022, 11:03:38 AM

Can we call it curiosity or anxiety maybe could say fear factor mostly influenced many individual by selling of their asset due to the market instability waving. What i mostly noticed is that spending time studying the market is very hard for mostly people or for those who just jumped into the market without properly analyzed the market when it goes against them that's when regrets comes fort leaving them in a confused state either to sell or buy neither hodl.

When you enter the market without any in-depth research and on gaining idea on how your investments will prosper, expect that it will be totally hard for you to manage your investments and may don't even know how to act accordingly either to buy or sell when the market is showing crypto prices in dips. For most of the newbies, they develop fear and panic when the prices have become unstable and ends up selling their coins at a loss. While smart investors act fast and takes advantage on buying for potential coins while the market is giving dip opportunities to buy and hodl.

At the end of the day the markets are at their core a decision making contest, no one is perfect and we will make mistakes but the ones which on average take better decisions will make profits while those which make the most mistakes will lose it, it is that simple, and truth to be told newbies do not have what it is necessary to take the right decisions the majority of the time, meaning that even if they get lucky once in a while, over the long term their decision making ability will come up short and they will eventually suffer massive losses.

dunfida

legendary

Activity: 3052

Merit: 1129

Quote from: virasisog on June 08, 2022, 01:25:53 PM

Quote

If you see market dipping, then it’s not loss but it’s market whose giving you opportunity. Just take it

This has been my mindset during the dip. Just like others, I used to fear the bearish market. I thought that I could lose my investments but as time goes on, I realized that it was already the market situation that was offering me a chance to buy while the price of my target coins is still cheap. Instead of buying during the green market, it would be best to grab the opportunity to accumulate coins during the bearish season. While others are in fear, you should be brave to fill in your baskets.

When im still noob then i do really freak out whenever the market do make out some deep corrections but later on when you do gain sufficient experience then you would be finding these things to be on other way around

on which you would see an opportunity for you to buy cheaper coins although this one would really be requiring good emotional handling which it would really be affecting your decisions specially on investing.

Dip = Opportunity but not all does have the courage or capability in doing so thats why we do miss out opportunities.

Topic: The Legendary Forumla of Dip = Opportunity (Read 641 times)