What to do when there is a continues DIP - page 2.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Just want to tell my experience from catching the knives a.k.a buying the dip.

the whales will always try to play with your psychology by dipping the market further, this is why catching bottom is almost impossible because the whales with sophisticated tools always got all the information to do something with the market.

so how to profit from buying the dip? simple, just DCA Grin

. just buy the dip and never look back, if you have some money left, DCA again, holding is always the key because the thing with holding is that you being stoic, just doesn't care about the psychology pressure the market will put to you and therefore you are not getting played in their game. if you happen to trade though, just wait it out, most of the time it gonna recovers back.

passwordnow

hero member

Activity: 3038

Merit: 575

Leading Crypto Sports Betting & Casino Platform

Quote from: Stable090 on July 19, 2024, 01:38:30 PM

Most people panic that the market will dump more when there is a dip, so they won’t invest they will always wait for more dips, which sometimes they won’t see.

That's the usual reaction of most of us when we see dip. We don't want to see that to be honest if we're all set and have enough holdings already. But for those that haven't yet, it's the most desirable moment and that's to await it come. Although we don't know how many of them have been doing this cycle but if you have been stacking a lot and you've got some figures on your head on how much you should have in the period of the bull run's peak, you'll do it as it's a necessary action before we see and pass another ATH.

Quote from: Stable090 on July 19, 2024, 01:38:30 PM

Then they will start rushing to invest when the price has already bounced back, but they had the opportunity to invest during the dip but won’t.

It is not new and what you said is true. Words on their mouths are being said that they're waiting for the dip and when it comes, they don't act. But instead wait for more as they believe that there will be more dip to come soon but instead, what comes is the opposite of it and then the market bounces back and they're no longer interested in buying because they think that they're late already.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Republikcoin.com on July 19, 2024, 10:19:51 AM

Quote from: Aanuoluwatofunmi on July 14, 2024, 03:16:02 PM

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

Those who are able to hold their holdings when the market is very bearish are people who have extraordinary confidence in what they hold. Because people like that usually don't tend to panic excessively until they are saved from losses when the price starts to recover as has happened to the price of Bitcoin recently. So don't let us all make the wrong decision when the market is bearish, except just the decision to buy again and set goals for the next investment while hoping that prices can recover in the near future.

Correct, and we must wonder where that confidence comes from, and that is only possible when the asset you are holding is great to begin with, which is why anyone that has tried to follow the same strategy that we use with bitcoin but with altcoins has failed, because they know very well that if they were to keep holding their altcoins when their price is going down, there is a very real chance they could hold all the way to zero, which makes it very obvious altcoins should never be held for the long term, as only bitcoin is worthy of that trust.

stomachgrowls

hero member

Activity: 2982

Merit: 790

Quote from: Republikcoin.com on July 19, 2024, 10:19:51 AM

Quote from: Aanuoluwatofunmi on July 14, 2024, 03:16:02 PM

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

Those who are able to hold their holdings when the market is very bearish are people who have extraordinary confidence in what they hold. Because people like that usually don't tend to panic excessively until they are saved from losses when the price starts to recover as has happened to the price of Bitcoin recently. So don't let us all make the wrong decision when the market is bearish, except just the decision to buy again and set goals for the next investment while hoping that prices can recover in the near future.

On the time or moment that you do found yourself having that kind of confidence and trust on what you are holding then you would really be definitely be doing this, but on the time or moment that you would really be that freaking out then its neither you are just that new into this market or totally having no idea on what you are doing or simply you are just that emotionally impulsive. Usually people do find themselves having those kind of problems on the moment that they dont know on what they are dealing on with. If there would really be that continous dip then the best thing to do is to hold your position and dont sell at loss and as much as possible then you should really be having that consideration on making up some DCA or would really be having that trying to look for bottom and make out some buybacks.

This is something that will really be that basing up on someones risks management on which we know that when it comes into this aspect then we do know that there would really be
having no the same level of risks tolerance on each person. Some could really be able to do it but there are ones who wont really be tending to take step further
just because they cant be able to bare up with the risks.

CageMabok

hero member

Activity: 1050

Merit: 844

Quote from: Bloodseekers on July 17, 2024, 02:17:50 AM

I think buying during a decline is only done by those who really understand the Bitcoin cycle so that if they have funds that can be used to hold for a long time they will certainly take advantage of this condition so that they can make a profit when the price rises later and so on. Of course, only those who dare to take risks can do it, but for some people who are not brave, of course they will not take advantage of this opportunity and they will be very disappointed when they see the benefits that other people can get.

There is no need to be disappointed with the profits obtained by other people as long as it is about everyone's courage in buying Bitcoin at the moment of falling prices. Because everyone is always moved by their own intentions and plans which are also accompanied by their own abilities and courage when they want to do something, including when they want to buy Bitcoin under certain conditions. So in terms of buying Bitcoin, you only have to follow the brave without having to look at those who are still doubtful because profits from Bitcoin are only obtained by those who are brave, not by people who are still doubtful about Bitcoin.

Stable090

sr. member

Activity: 742

Merit: 434

Quote from: mich on July 09, 2024, 02:11:51 AM

Well now it is happening like this and we do want to sell our coins to not lose so much. For me I do not like to look at the price of Bitcoin when it is down.

When the bitcoin price is down, I don’t panic, I check the market more often than how I check when the market is up. When there is a dip, I like checking the market because I will be encouraged to invest more money in bitcoin. I see the dip as a normal thing that we are supposed to take advantage of to accumulate more coins. I don’t panic when the market is down because it’s just temporary, and I know with time it’s going to bounce back.

Quote from: mich on July 09, 2024, 02:11:51 AM

There is not a reason for us to panic right now. But you can buy some cheap coins if you have extra fiat.

Most people panic that the market will dump more when there is a dip, so they won’t invest, they will always wait for more dips, which sometimes they won’t see. Then they will start rushing to invest when the price has already bounced back, but they had the opportunity to invest during the dip but won’t.

ajiz138

hero member

Activity: 1498

Merit: 785

Quote from: TastyChillySauce00 on July 17, 2024, 01:14:57 AM

buying the dip is like catching falling knives, the price could always wend down further, what people do wrong is keeping themselves too occupied observing the market which just gonna induces anxiety.

if you plan to catch the dip and wait for bullrun do it like you're trying to DCA, just invest and forget, if price further going duwn, just buy more of the dip, if you ran out of capital then just wait it out.
bearish market will always come to and end just like how bullrun works.

you as a normal person and generally for all of us will never know where is the bottom, so it's mundane thing to try figure out the bottom, but buying the dip and keep holding for long term will always yield profit speaking based from BTC price chart action over the course of decades.

Because by continuing to observe the market that is down, it is certain to cause anxiety, there is a doubt that if they do not sell it will be a loss, even though they only need to hold on and be a little patient, the anxiety will disappear.

They should have simple thinking, if the initial plan is DCA then do it all the time especially during a downturn then it's better, when it goes down badly and has more budget then it's better to buy at once rather than waiting for an uncertain downturn, there are still many people like and sometimes these are beginners who experience it.

So we have to understand the cycle, when the price goes down it is our chance to buy more, and when the price goes up it means that what we do with the purchase has a result, the profit is already there, but in the long run it will be even greater, so in essence it can still survive in the long run.

Republikcoin.com

legendary

Activity: 2716

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: Aanuoluwatofunmi on July 14, 2024, 03:16:02 PM

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

Those who are able to hold their holdings when the market is very bearish are people who have extraordinary confidence in what they hold. Because people like that usually don't tend to panic excessively until they are saved from losses when the price starts to recover as has happened to the price of Bitcoin recently. So don't let us all make the wrong decision when the market is bearish, except just the decision to buy again and set goals for the next investment while hoping that prices can recover in the near future.

jaberwock

legendary

Activity: 2660

Merit: 1074

Quote from: Kliss on July 16, 2024, 02:51:32 AM

Price DIP is part of bitcoin cycle, and if an investor is applying buying the DIP strategy there's no no need to panic if the price continues or keeps DIPing further, But it should be of advantage to capitalise on by an investor, which means buying bitcoin when the price is very cheap and holding for a long-term will definitely bring higher profit when the price goes up. That's the is the risk involved in bitcoin that brings good profit, buying when price is falling and believing in the potential to regain its upward momentum in the near future. I know it could be tough for some investors but having a long-term aim will help manage those price drop moment and keep your focus bright future.

We can't have a market without any dips, it has to go down and up together, both has to be done, otherwise it is not a market. The down has happened, and a little bit of up has happened recently as well, we could go up more, or we could go back down, we don't know which one will happen.

In the end, what we know is that we are going to get good results one way or another, and that's what matters. I know that it is not going to be simple, and it may take a while, but we could expect good results from this. It should not be that hard to handle, it is going to be simple enough. We just need to hold, if we hold long enough, eventually we will make a profit, it has always been the case and I do not think that it will start changing anytime soon.

Bloodseekers

full member

Activity: 769

Merit: 108

Quote from: Kliss on July 16, 2024, 02:51:32 AM

Quote from: Btcdeybodi on June 20, 2024, 05:45:28 PM

There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?

Price DIP is part of bitcoin cycle, and if an investor is applying buying the DIP strategy there's no no need to panic if the price continues or keeps DIPing further, But it should be of advantage to capitalise on by an investor, which means buying bitcoin when the price is very cheap and holding for a long-term will definitely bring higher profit when the price goes up. That's the is the risk involved in bitcoin that brings good profit, buying when price is falling and believing in the potential to regain its upward momentum in the near future. I know it could be tough for some investors but having a long-term aim will help manage those price drop moment and keep your focus bright future.

I think buying during a decline is only done by those who really understand the Bitcoin cycle so that if they have funds that can be used to hold for a long time they will certainly take advantage of this condition so that they can make a profit when the price rises later and so on. Of course, only those who dare to take risks can do it, but for some people who are not brave, of course they will not take advantage of this opportunity and they will be very disappointed when they see the benefits that other people can get.

It is true that this may be difficult for some people to do, but I think they can use other strategies to be able to collect Bitcoin to make a profit which of course they will be able to make a profit from investing in Bitcoin.

EarnOnVictor

hero member

Activity: 784

Merit: 633

Leading Crypto Sports Betting & Casino Platform

Quote from: Btcdeybodi on June 20, 2024, 05:45:28 PM

There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?

The truth is that you need to learn and fully understand the market before you invest fully in it, otherwise, a thing like this will cause issues like the emotion that might further cause some poor investment decisions. As part of what experience would tell you, you have to know that no investment is safe from losses, they are all risky only that the risk of investing in Bitcoin could be minimal since most investors know its bullish and bearish seasons and any misjudgement at any season can be erased because the market will definitely get back to what they wanted unless the investor is wrong about the season.

However, based on your question, it is only inexperienced investors that can panic about a Bitcoin further dip after investing their money, an experienced investor will not, do you know why? They would have had their plans already, and in this situation, if I were the one, I would have three main plans as follows;

1. If the market is in the bullish season, I buy and forget. Looking at the chart always can cause some kind of negative feelings.

2. I may divide my money into just two parts if I doubt the market and invest at different prices.

3. Or do proper DCA.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

buying the dip is like catching falling knives, the price could always wend down further, what people do wrong is keeping themselves too occupied observing the market which just gonna induces anxiety.

if you plan to catch the dip and wait for bullrun do it like you're trying to DCA, just invest and forget, if price further going duwn, just buy more of the dip, if you ran out of capital then just wait it out.
bearish market will always come to and end just like how bullrun works.

you as a normal person and generally for all of us will never know where is the bottom, so it's mundane thing to try figure out the bottom, but buying the dip and keep holding for long term will always yield profit speaking based from BTC price chart action over the course of decades.

Kliss

member

Activity: 112

Merit: 4

Quote from: Btcdeybodi on June 20, 2024, 05:45:28 PM

There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?

Price DIP is part of bitcoin cycle, and if an investor is applying buying the DIP strategy there's no no need to panic if the price continues or keeps DIPing further, But it should be of advantage to capitalise on by an investor, which means buying bitcoin when the price is very cheap and holding for a long-term will definitely bring higher profit when the price goes up. That's the is the risk involved in bitcoin that brings good profit, buying when price is falling and believing in the potential to regain its upward momentum in the near future. I know it could be tough for some investors but having a long-term aim will help manage those price drop moment and keep your focus bright future.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: BITCOIN4X on July 14, 2024, 05:32:07 PM

Quote from: Aanuoluwatofunmi on July 14, 2024, 03:16:02 PM

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

Holding and accumulating when the market is correcting is a good strategy to avoid selling at a loss and increase your chances of getting higher returns when the market recovers. This advice has been mentioned many times and is basically the best way to do it, but not all investors want to do it for various reasons. Panic is usually the reason why they sell at a loss, while they forget that the market will only recover after some time.

If you want to get returns from investments, then be patient and continue holding for the long term. This is what successful investors have done so far with their investment assets, but I admit that each investor has a different approach to their investment time frame. Some hold for several years, others for more than 4 to 10 years.

A must thing to be done but this is something that wont really be that easy for someone to do so. Why? It would really be giving out that kind of questions in mind that what if the price or market would really be going down even more? For sure you would really be having that kind of hindrance because you would really be that loving on taking up the bottom and having that maximum profitability and this is why its not already shocking that you would really be having that kind of consideration before you would really be making up some buybacks. Also, there are people who dont have much when it comes into their capital on having that DCA method.
Yes, it would really be something that will really be that normal but for those who do able to make themselves that go into those opportunities are the ones who do benefit the most.

Market could really be having those ups and downs and it would really be just that depending on you, whether you would really be taking up some steps and risk taking on the moment that it would really be
correcting itself or not. It would really be just that be depending on how well you do make out that kind of consideration when it do happens. This is why you should really be that careful
on every steps that you are taking.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: BITCOIN4X on July 14, 2024, 05:32:07 PM

Quote from: Aanuoluwatofunmi on July 14, 2024, 03:16:02 PM

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

Holding and accumulating when the market is correcting is a good strategy to avoid selling at a loss and increase your chances of getting higher returns when the market recovers. This advice has been mentioned many times and is basically the best way to do it, but not all investors want to do it for various reasons. Panic is usually the reason why they sell at a loss, while they forget that the market will only recover after some time.

If you want to get returns from investments, then be patient and continue holding for the long term. This is what successful investors have done so far with their investment assets, but I admit that each investor has a different approach to their investment time frame. Some hold for several years, others for more than 4 to 10 years.

You can only hold for longer time if you have no urgent needs of your invested funds. This is the very reason why it is always advisable to invest in this market using spare funds. So you can afford to wait for the better timing to sell-off rather than sell-off at a loss. Successful investors are continuously looking for their assets and exploring other opportunities other than what they have.

If you are seeing there is a continuous dip going on in your chosen market, in my opinion, what you can do are the following -
> don't panic and don't sell at a loss, sell only if you are not seeing any chance of recovery (which can happen in most substandard projects)
> check updates for that particular project, understand what's going on so you can plan for your next move
> explore other projects that you believe have good potential, studying it on your own will give you more confidence to invest rather than rely on hearsays
> keep an eye what is being said in their social media channels; in most cases, these devs won't disclose what is happening to the project via their official website but you can get hints from these socmed networks

BITCOIN4X

legendary

Activity: 1974

Merit: 1150

Quote from: Aanuoluwatofunmi on July 14, 2024, 03:16:02 PM

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

Holding and accumulating when the market is correcting is a good strategy to avoid selling at a loss and increase your chances of getting higher returns when the market recovers. This advice has been mentioned many times and is basically the best way to do it, but not all investors want to do it for various reasons. Panic is usually the reason why they sell at a loss, while they forget that the market will only recover after some time.

If you want to get returns from investments, then be patient and continue holding for the long term. This is what successful investors have done so far with their investment assets, but I admit that each investor has a different approach to their investment time frame. Some hold for several years, others for more than 4 to 10 years.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: Aanuoluwatofunmi on July 14, 2024, 03:16:02 PM

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

Yeah some may sell and try to re-invest then wait for another market bullrun to recover or to make some profits, though that kind of strategy might not be good for everyone especially if you are not good in holding, as chances that the market will continue to fall and it will keep sucking your initial investment, much better to keep holding and move away from your device, accept whatever will happen and keep gamble with your fate, with the way the market fluctuates it's really a tough decision to make.

I_Anime

full member

Activity: 462

Merit: 194

Quote from: Aanuoluwatofunmi on July 14, 2024, 03:16:02 PM

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

One thing have learnt since have been in this forum is to not be scared of any dip . Aslong is bitcoin, though it may not prevent the market from going bearish, so have already set my mind for long-term, so whenever there's dip the smart thing to do is to literally buy the dip in other to have more quantities of bitcoin Stashes in your portfolio, because you are purchasing in a cheaper rate .

The truth remains that we can't actually predict market movement and most time some speculation are not always correct so is better to hold and the price drop and keep holding than to sell , after selling the market prices endup surging at the end, leading one to miss out big time.

Aanuoluwatofunmi

sr. member

Activity: 672

Merit: 416

stead.builders

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

Gaza13

sr. member

Activity: 518

Merit: 261

Quote from: mich on July 09, 2024, 02:11:51 AM

Well now it is happening like this and we do want to sell our coins to not lose so much. For me I do not like to look at the price of Bitcoin when it is down. It just does not make me feel so well.
Just still HODL them and we will be ok. There is not a reason for us to panic right now. But you can buy some cheap coins if you have extra fiat.

What coins do you sell, so you don't lose too much? From what I see it seems like you are experienced in this matter, it is true that if prices fall we don't need to panic too much about the market situation. Keep calm and keep collecting what you can if you have money saved. Yes, if we invest, we should not only have one asset, having more than one or two other coins in my opinion is much better for our investment. We have to be clever at seeing gaps or opportunities in asset prices that have good potential in the future and of course can make a profit in the future.

Topic: What to do when there is a continues DIP - page 2. (Read 1451 times)