There is no continuous dip at present, there is a range bound market. Though there has been the threat of a larger move, I was just waiting for 50k but I didnt get it. What we got is a ping pong match back and forth we go.
Right now market appears serious in its attempt to move past 58k and close above 60k for the weekly bar close which would return us to positivity once again it would be fair to conclude. It hasn't quite happened yet but its looking like it will at present.
Always look at time frames for reference to behavior as we might be negative in a certain time period but always there is a bigger fish. BTC remains positive on the largest time frames, mostly because we sold off so hard in prior cycles. We have recovered and continue to do so in that large time frame, however we could say dip when looking closely at these last languishing months but in effect its mostly just waiting and holding for a real direction outside this range.
Topic: What to do when there is a continues DIP - page 3. (Read 1455 times)
No one wishes to see btc price consistently dropping, even though we all know it’s inevitable because of its high volatility. However, since it’s happening at the moment, the best thing we should is to take advantage while bitcoin price is cheap. Buy when you have available funds but never resort into borrowing money just to make an edge over the market. And never dare to sell your coins lower than the price you bought it, instead be more patient while you continue holding your coins for your future profits.
You are right, of course we all don't want the price of Bitcoin to continue to decline and with its volatility of course anything can happen to the price of Bitcoin whether it increases or decreases and as you said currently the price of Bitcoin is experiencing a decline and choose to take advantage of this condition to Accumulating Bitcoin assets, of course this will be very useful if we have funds that we can use to maintain in the long term, of course this will provide benefits for us when prices increase again, yes of course we have to be patient waiting for prices to increase again. increase because if we sell of course this will be very detrimental to us because prices are decreasing. 
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?
Are you in a hurry to sell too soon? Then buying when it dip and it dip further after buying definitely one will panic and loss confidence, but when reverse becames the case where you are buying to hold for long term, buying at the dip and it happens that it dips further will never be much of the problem because your intention is to hold for long such that there is a possibility of the coin (Bitcoin ) to even Surg higher than expected, that is to say buying to hold for a long term is the best as you have less worries when it comes to seeing the market dip rather you will take advantage of it and buy even more at a more cheaper price.
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.
No one wishes to see btc price consistently dropping, even though we all know it’s inevitable because of its high volatility. However, since it’s happening at the moment, the best thing we should is to take advantage while bitcoin price is cheap. Buy when you have available funds but never resort into borrowing money just to make an edge over the market. And never dare to sell your coins lower than the price you bought it, instead be more patient while you continue holding your coins for your future profits. 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.
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.
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.
Even though we are rich, we must have a strategy to manage finances, I think about buying gradually to buy at lower prices and I will repeat that strategy every time to increase bitcoin assets, so that strategy is more effective than buying with all the money but you will regret it when the price drops lower and you don't have any more funds to add bitcoin assets.
The more money you have, the more careful you should be when managing it, since a single mistake on your investment strategy can cost you a fortune, something that no one wants to experience, so it is important to have a clear strategy in mind about what to do under every single scenario that we think we may encounter, and while many investors did not thought the current scenario was likely to happen, for someone that was prepared, this is a great opportunity to buy bitcoin for a price they may have thought they may never see again. 
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?
Any investor who wants to start up their journey of investment in crypto needs to know what they are up to about the crypto market, that is not an easy journey they will invest out of proportion without learning to invest in bitcoin more than any other altcoins. At least starting by investing in bitcoin would teach them how to have a long plan of recovering lost investments and later be on profits.Crypto is made up of dips and increases, how to follow it as an investor matters a lot. Many people have entered the market with the wrong timing and aim. They keep failing to make use of the dips and increase of bitcoin to their gains, all because they lack proper knowledge of four years circles of bitcoin halving(bearish and bull run)
Bitcoin price has been rising since before the start of the halving in 2024 and has remained stagnant until around June. But starting in July, Bitcoin has been on the dip, so those who were holding funds to buy at the current time can buy the dip at the current time. Because you can use the DCA method to buy dips you are most likely to have success. I think you will have the most success if you use the DCA method not only for dipping but also for depositing bitcoins.
In conditions like today, I think buying Bitcoin with any amount of money will also be very interesting and has the potential for much greater profits than doing it gradually. Although for those who are happy to do this (DCA) is also quite good in the current conditions. Because I never thought that Bitcoin could fall below $60K, but it happened earlier this month. And it can clearly be used by people who have large amounts of savings to immediately buy Bitcoin before Bitcoin returns to $60K or $70K again this year.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?
Buying during Dips is a nice approach to add and increase your bitcoin holdings. When dips occur and drops to your desired level taken advantage of the moment, if funds are available is a great idea. But if the market price continue to decline, and it hasn't skyrocketed yet there is no need to panic. No need to panic if you are having a long-term perspective, Investors need to understand that bitcoin moves in this manner there are time which the price moves downwards and upwards. So seizing the opportunity of buying during dips, and expecting immediate upward can be wrong, just have that long term perspective Bitcoin always recovers from situation of price decline. All you need is to belive in the potential of Bitcoin don't be discouraged by continues market dip. The moment when price will start moving upward will definitely arise which an investor can profit from buying during dip. 
What to do when there is a continues DIP
If you ask me personally, it's clear I won't do anything about it, apart from waiting for crypto prices to fall further, of course I will ignore all speculation and predictions if that happens, I don't look at the aspect of market speculation anymore and I don't want to hallucinate market developments.If I see the market is in a downturn, I will withdraw all my assets and place them back in fiat. I will monitor market developments for the future, Thus, when the price is really at a lower level, I will respond again when the price rises and think again.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Bitcoin price has been rising since before the start of the halving in 2024 and has remained stagnant until around June. But starting in July, Bitcoin has been on the dip, so those who were holding funds to buy at the current time can buy the dip at the current time. Because you can use the DCA method to buy dips you are most likely to have success. I think you will have the most success if you use the DCA method not only for dipping but also for depositing bitcoins.
In conditions like today, I think buying Bitcoin with any amount of money will also be very interesting and has the potential for much greater profits than doing it gradually. Although for those who are happy to do this (DCA) is also quite good in the current conditions. Because I never thought that Bitcoin could fall below $60K, but it happened earlier this month. And it can clearly be used by people who have large amounts of savings to immediately buy Bitcoin before Bitcoin returns to $60K or $70K again this year. 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?
Bitcoin price has been rising since before the start of the halving in 2024 and has remained stagnant until around June. But starting in July, Bitcoin has been on the dip, so those who were holding funds to buy at the current time can buy the dip at the current time. Because you can use the DCA method to buy dips you are most likely to have success. I think you will have the most success if you use the DCA method not only for dipping but also for depositing bitcoins.
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?
What you described is the reality and happens in the market. The your ending phrase "that the price may later not increase again" is not applicable to bitcoin. That is why we should actually be cautious of the coins we buy for long term purposes. Bitcoin has also the best coin to hold for long term purposes. With bitcoin, there's no guarantee that the price will iot reduce just as we are witnessing now, but there's a guarantee that after price decrease just sure come price increase. So we do not actually need to panic unless we used the money to solve immediate problems to invest. 
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?
If there is a dip in the OP market, you should just relax; this is where you should practice yourself in situations like this. While you are doing this, take advantage of the opportunity to buy if you have any cryptos to buy that have also fallen in price before their value was high.
Even if the market goes down a lot, there is no other choice but to go up again. That's what you have to remember; it only happens over and over again in reality, so you should get used to it, and don't worry while you learn trading in this field of crypto space.
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?
Those who believe in Bitcoin will always see this as a golden opportunity to add to their bags, but those who believe but have no money left to buy will keep it because they know this is like a test of their belief that the price of Bitcoin may still pass its last ATH some time ago, and for those who don't believe in Bitcoin, even though they still have capital, they won't move to buy and those who already have it will sell at a loss, this is something that Bitcoin owners often experience. 
When it continues to dip like now you watch for it break upwards then keep adding into the buy so long as we beat the sell you will find good momentum occurs from the failed move downwards. A dip can be bounce upwards also, but its easy to miss or mistake along the way. Right now we're two days above that low made previously so Im watching for it to keep accumulating moving averages below rather then above.
(....)
Some doing also is like buying the dip - where it depends on how you handle these dips. Buying the dips during these situations is like catching falling knives where it's risky. Because you still don't know if that dip is already the last dip.(....)
That's why some are buying on pullback after the dip but still not guaranteed.
like as you said, buying the dip is like catching falling knives unless someone willing to switch to long term investment while they experienced lose, it's more likely that using stop loss will only hurt our capitals.
since the market isn't just straight line but formed of so many candles whether it's bulltrap or beartrap eventually the SL will just cause unnecessary lost.
like the data from this
Quote from: https://www.coinglass.com/LiquidationData
these people were initially also trying to buy the dip too. so always prepare for the worst and always stick with spot market.
Some people still have little understanding about investing or trading, of course this really tests them when they see market conditions experiencing a continuous decline and if they can get through this, they will of course still hold onto the assets they have and can make a profit from the investments they make. and if you can know exactly when market conditions are in a downturn, of course it would be better if you can take advantage of this opportunity to be able to collect assets and hold to make a profit from what they have invested, but I think it is difficult to know for sure that market conditions is truly in a state of decline.
The only thing we are meant to do is to wait and be patient because of you join the market in panicking, you would not be doing anything better. The market is always going to have some dips but it would not stop the market from rising in the future. When we see the market dipping and we have spare funds, we can use them to buy more coins and keep holding for profit. Anybody that says you should sell when the market is falling has no experience and do not know anything about cryptocurrency market. From the current market corrections, we might be closer to the end of the market falling therefore selling right now will be a wrong move. If you are not convincing that the market is going to recover, you can avoid buying more coins but just wait until the falling ends.
-snip-
If you are really just that new into this market then you would really be finding to be that tough and challenging on what are the things that you should gonna do in case the market would really be having its dip.We do know that when it comes to predictability then it isnt possible that we do have in this market because everything is really that random and volatile. In going back to the question on what would be gonna do on the moment that you would really be seeing that there's that continous DIP? Of course you would really be that considering on buying back but the main question is on when you would really be considering on taking up such step? For sure you would really be having those second thoughts about waiting up further because you would really be definitely chasing up the bottom and this is a normal approach to have.
cant be able to determine on what are the steps that you are making basing up on the past experiences that you have encountered.
That's why you usually don't spend everything at one go but divide it into 3 or 4 equal amounts and spend one every month or so. If there's a sudden dip, you'll balance it out buy buying there and if it goes further down you do the same, effectively lowering your entry point.
What we all know is that bitcoin goes up and down but tends to go upwards in a bull market (6 -12 months after the halving). You wont lose by buying it now, but it's always best to buy at the cheapest possible price. The problem is that you don't know what that price is, so take my advice and be ready to buy at least 3 consecutive dips.
If I were trying to stack bitcoin buy doing so I'd have bought at 65k and again at 60k and still have money for 2 possible moves lower, probably taking my chances at 56k and 52k if it goes that low.
What we all know is that bitcoin goes up and down but tends to go upwards in a bull market (6 -12 months after the halving). You wont lose by buying it now, but it's always best to buy at the cheapest possible price. The problem is that you don't know what that price is, so take my advice and be ready to buy at least 3 consecutive dips.
If I were trying to stack bitcoin buy doing so I'd have bought at 65k and again at 60k and still have money for 2 possible moves lower, probably taking my chances at 56k and 52k if it goes that low.
-snip-
If you are really just that new into this market then you would really be finding to be that tough and challenging on what are the things that you should gonna do in case the market would really be having its dip.We do know that when it comes to predictability then it isnt possible that we do have in this market because everything is really that random and volatile. In going back to the question on what would be gonna do on the moment that you would really be seeing that there's that continous DIP? Of course you would really be that considering on buying back but the main question is on when you would really be considering on taking up such step? For sure you would really be having those second thoughts about waiting up further because you would really be definitely chasing up the bottom and this is a normal approach to have.
Jump to: