Haha this is so true and I can relate to some of the points mentioned in the OP
When the price is down we are always telling ourselves that no matter what, I am going to buy when a dip happens. But once the price starts to drop the confidence is gone and we actually find it hard to hold onto the assets we have rather than buying Bitcoins or any other coins.
This is never going to change no matter how much experience or self-confidence you have because when the price drops, the market has a negative sentiment. You will not find many positive articles and the tweets all over Twitter are also negative.
Topic: The Legendary Forumla of Dip = Opportunity - page 3. (Read 726 times)
Peeps, seriously everyone needs to pull their thoughts together when it comes to situation like this in the market. 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.
You have to take into account that we constantly have an influx of brand new investors who know very little about what is actually going on, and instead of first researching what exactly it is, they invest first hoping for overnight profits. Some will succeed, but most will pay the price for their negligence and haste, although they could have protected their investment by devoting only a little more time to it.In light of recent events, I would not call stablecoins a safe way to store value, as these are (mostly) fully centralized coins that can be frozen no matter where they are located. Technically, $1000 in your bank account or home safe is safer than $1000 in a stablecoin that can become unstable or frozen overnight.
So, when we are talking about something decentralized versus something centralized, I will pick the decentralized one, but here with USDT versus USD, we talk about centralized vs centralized and I would trust my bank way more than I trust tether company, not even close.
So what is the essence of this scheme? To be honest, I don’t even quite understand the features and profits yet.
You can't decide that whether it's the highest point or lowest but you should be having satisfactory returns instead of regretting later on.Suppose you invested in around $30k and when prices went to $50k also you have made profits so you need to decide to sell or to hold as it could go above or down after that.But when it's dipping people start panicking as if it was supposed to always rise and we can't change this.So best is to make your decisions.
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 what I keep in mind. I dont panic sell even the prices of my coins are falling, its because this is the nature of crypto. We cant expect the price to only move in one direction or to the direction that we anticipate it to be. Its understandable to have worries and doubt especially for newbies who are not used to a situation like this. But remember its only temporary and as long as you're not holding a shitcoins then you can expect your coins to recover once the market turn bullish again. Just look at the positive side of bearish market so you can see the opportunity that op is saying.
The "fear" people have right now with the currently dropped price, because at the end of the day the price dropped like crazy and that should be the reason to get hopeful but at the same we are talking about fear because of the drop and the reason of it. We should be focusing a bit more towards how it will go up, but not focus on the going down. We shouldn't really consider the current situation like a bad thing, we should be considering the current situation as a "temporary discount" and thats it.
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.
Loss, if they've sold at losses then that's a loss. But if they don't and just hold it, that's just paper loss.
People have to remember that when they sell and it's with the price that they'll be dwelling in losses then that's their mistake and personal decision.
But if not, they have to make sure that it's what they like to do even they know that there's a recovery period for bitcoin as usual and it's known by every investor that has been in here even just for a year or two.
Buy the dip and sell at high - this is the thing we are supposed to do but unfortunately, some people had made it wrong and they do the opposite. That is to see that not all traders become successful as in the first place, not all traders have the same strategies and mindset, it somehow to see failures. People have to remember that when they sell and it's with the price that they'll be dwelling in losses then that's their mistake and personal decision.
But if not, they have to make sure that it's what they like to do even they know that there's a recovery period for bitcoin as usual and it's known by every investor that has been in here even just for a year or two.
It could be a great opportunity to buy at the dip but we don't know and are not even sure if these people can even hold and wait for the next pump.
But what's happening is that due to panic, they're forced to sell in losses and they can't control themselves doing that until they're able to gain experience and courage from the market's behavior.
Knowing the dip starts the idea if it's the good time to buy and there were experiences on my personal note and the others too that, when we buy at the dip, a dipper comes or a lower price comes.
I have seen so many similar legendary formulas and other things, but you need to understand one truth - time does not stand still. And those truths that worked yesterday are no longer relevant today.
Well said!Thats why we do make learnings from time to time or on everyday when it comes to adjustments and sudden changes of our strategies or set-ups whenever we do see particular situations or scenarios that you havent encountered before.
The strategy that you had used on yesterday wont really be precisely be effective on tomorrows price condition.Opportunity is something depends on someones own taking or decision
where some people do see an opportunity and some do see it as a warning etc. thats why actions would really vary.
I have seen so many similar legendary formulas and other things, but you need to understand one truth - time does not stand still. And those truths that worked yesterday are no longer relevant today.
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.
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.
Above questions are recurring, every time, every year. Pick the histograms, Check the cycles of bear-bull and stay relax!
If you see market dipping, then it’s not loss but it’s market whose giving you opportunity. Just take it
That is normal for us people to be curious on every things that are happening around us but it's too annoying already if we keep on repeating the same question when we knew to ourselves that we are not new here anymore. The question is totally fine to ask for someone that is new but better if they can also do a research. By doing it they can find the answers instantly.Above questions are recurring, every time, every year. Pick the histograms, Check the cycles of bear-bull and stay relax!
If you see market dipping, then it’s not loss but it’s market whose giving you opportunity. Just take it
When there's a bear the best thing to do is of course to keep on hodling or we can also keep on buying along with that but whenever the market is in bull run, I guess it is now safe to sell some of our assets for profits but if you are greedy or if you always have a high expectations/standards then fine you can keep on hodling.
But in the end, bitcoin still fell below the forecast and people received losses.
Loss, if they've sold at losses then that's a loss. But if they don't and just hold it, that's just paper loss.People have to remember that when they sell and it's with the price that they'll be dwelling in losses then that's their mistake and personal decision.
But if not, they have to make sure that it's what they like to do even they know that there's a recovery period for bitcoin as usual and it's known by every investor that has been in here even just for a year or two.
It could be a great opportunity to buy at the dip but we don't know and are not even sure if these people can even hold and wait for the next pump.
It's a repeated scenario where people doubt Bitcoin and other cryptocurrency, saying it's a scam already, price will become $0, etc. They will start to think of investing on it again when its price is nearly on its old all time high, that's where they are gonna buy, and will blame Bitcoin again if it falls down after they bought it.
That's why I never waste my time again in those kind of people, that think they could make a lot of money in Bitcoin overnight, which knowledge is too shallow when it comes to cryptocurrency but don't want to know more about it yet wants profits.
That is what it is really exasperating when you deal with those people, personally I do not hold against them that they do not know much about trading or investing because we all begin that way, the issue is they want to get results that you cannot get in any other market, but at the same time they do not want to learn anything at all or wait long enough for those results to manifest themselves, and when you are faced with such irrational vision, in which they believe 100%, then there is no other option but to give up, let them do whatever they want and watch their eventual failure. That's why I never waste my time again in those kind of people, that think they could make a lot of money in Bitcoin overnight, which knowledge is too shallow when it comes to cryptocurrency but don't want to know more about it yet wants profits.
I am so thankful that I don't have any short position in Binance futures while I am sleeping, I am so dissapointed with the btc pump lols. Now I need to see the safest entry point I can get my self to buy in the long position. Happy trading everyone.!
There are enough formulas of all kinds, and in general there are not a few means of analysis. But in the end, bitcoin still fell below the forecast and people received losses.
Market is always been like this and yet no matter how good your analysis are but still it would neither be that effective or not due to various reasons and since this market do move on a random waythen there's no way that you could able to determine on which way to go but since we do need to make something to rely or look upon in terms of strategy or other related to it then
we would really be ending up on lots of formulas or ways on how to deal this unpredictable market.Dont try to make yourself get perfect because that would surely create desperation.
But in the end, bitcoin still fell below the forecast and people received losses.
Loss, if they've sold at losses then that's a loss. But if they don't and just hold it, that's just paper loss.People have to remember that when they sell and it's with the price that they'll be dwelling in losses then that's their mistake and personal decision.
But if not, they have to make sure that it's what they like to do even they know that there's a recovery period for bitcoin as usual and it's known by every investor that has been in here even just for a year or two.
There are enough formulas of all kinds, and in general there are not a few means of analysis. But in the end, bitcoin still fell below the forecast and people received losses.
Certainly there is no permanent loss or permanent profit, the market is in a state of constant fluctuation between ups and downs, if you see the market bearish, you have to do two things: If you have strong coins and you think they will rise in the future, the best solution is to hold in the bearish time until the Bullish market comes , but if you have shitCoins, the best solution is to get rid of it at the best price with the least loss.
Another thing that you should do in a bear market time is if you have some savings that you do not need at the moment you should buy strong coins such as bitcoin and ethereum because this is the best time to buy more of these strong coins and wait for the bull market.
Another thing that you should do in a bear market time is if you have some savings that you do not need at the moment you should buy strong coins such as bitcoin and ethereum because this is the best time to buy more of these strong coins and wait for the bull market.
Agree.
A big opportunity actually. Adding more to the assets by means of buying the same coins means helping to get higher demands and some investors just won't understand that. They are inclined to what is happening in front of them and start to panic instead of preparing for the future of it.
First, if you bought one coin that means you did your research and have faith it will increase its value again. So why would you panic sell instead of buying more?
A big opportunity actually. Adding more to the assets by means of buying the same coins means helping to get higher demands and some investors just won't understand that. They are inclined to what is happening in front of them and start to panic instead of preparing for the future of it.
First, if you bought one coin that means you did your research and have faith it will increase its value again. So why would you panic sell instead of buying more?
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