Topic: What to do when there is a continues DIP - page 7. (Read 1498 times)

A true investor who believes in Bitcoin won't lose confidence at all. To them, this is a better time for them to keep buying as long as they have more funds to buy. If I had enough money right now, I would lump the sum into buying more. Meanwhile, I still retain my DCA approach at this present time. And am wondering if it could dip more so that I can buy more SATS with less FIAT.

You're right here! When an investor fails to control their greed, they will end up missing out on either buying as the price dips because they are waiting for it to dip more or in the case of selling, they might end up not selling and taking their profit because they are waiting for the price to go up more.

For those people who do freak out are to those newbies or just new into this market on where they dont really know on how this market behaves or on how it do works because if you are someone whose been dealing up with this market for a while now and seeing these typical movements then you wont really be making yourself freaking out but if its your first time then sure you'll do. This is why experience and knowledge would really be something notable or comparable in between individuals specially on dealing up with this market on where it would really be that too hard since it is really that unpredictable.

There would really be only several movements that it could have on which moving up,down or consolidation. The key to success on here is that you should really know on how to make yourself act
on the moment that you would really be on such condition or situation on which it would really be that always an advantage into those people who do have that knowledge and skills or simply
does know on what they would gonna do on the moment that the market would really be on such movement. Instead on freaking out, they would really be rather checking or seeking
for some good entry or exits that they could be able to dive in.

Bitcoin price fluctuates constantly, so people have different opinions on it. But if an investor learns about Bitcoin and decides to hold it, it can certainly be the right decision. Investors must keep their greed to a level in investing. When the Bitcoin price drops or goes to a bearish level, looking for more dips can sometimes be unwise because the Bitcoin price can go higher again at any time. Then he will lose his purchasing power. The investor should invest there keeping within a certain limit. If one buys Bitcoin and holds it for a long period of time then one can definitely make profit there. No matter what the Bitcoin price is, if someone does DCA then they can definitely buy more Bitcoins.

In fact, these conditions can make people more enthusiastic to continue buying. Why should you panic if you can routinely increase the number of Bitcoins?

Investors whose aim is not to trade with the hope of making profits in a short time are very clever at taking advantage of situations like that, so that the level of panic like the situation you described is no longer felt. Honestly, this is the first time I have ever felt anxiety like that. When I bought at a price that I thought was low, it turned out that the price was not moving up, but down.

That's all I realize is a normal thing in the market.

DCA or accumulation!

This is something that you should gonna do on the moment that the market would really be having that correction but of course this one would really be applicable or something
that would really be ideal into those coins or projects on which you could really be that somewhat assure that you could really be able to see that it has a potential that would be
really be holded up for long term or simple does have that huge recognition and community support atleast. We should really be putting up into your minds that when it comes to price conditions
then it wont really be something that will really be having on a single direction.

What comes up should be going down and vice versa. This is why it would really be that always wise that youshould really know on how to deal up with things
and secure profits on the moment that you do have the chance not unless if you are holding for long term then it would really be having that different approach.
It would really be varying though.

the best accumulation approach to BTC market is to buy at regular intervals. You need to figure out how much extra cash you will have in say a month, and then decide how often your going to buy in that month, and divide it to get how much you will buy in that frequency.

As an example, you have $100 you wish to spend in a month, and your going to buy weekly so that is $100 divided by 4, giving you $25 per purchase period

So whether the market is going up or down over a year each week your going to buy $25 of bitcoin.

The problem OP stated is the same problem a DCA buyer has, maybe between weekly buys Bitcoin has dipped. Should they move their next DCA buy to capture the dip or wait until the scheduled next DCA buy. If they do so, they same problem exists, it could dip more from the early purchase price to the scheduled purchase price.

Its really hard to consistently get the DIP price, whether you buy at a dip or over regular DCA buying. The one advantage to DCA buying is that over time the peaks and troughs will average out, so you will never buy loads at the top or even the bottom. The DCA buyer continues to accumulate and the dip buyer may not get the dip price they wants and is left with funds still waiting to buy at a lower price.

The biggest pitfall in accumulating BTC is putting a huge amount of focus on what your average BTC price, this drives to try and time the market to get the lowest price. Instead you should be thinking about the potential upside, and accumulating as much as you can afford to.

In 10 years time, BTC could be 500k per coin. You need to ask yourself will you really care about the BTC you buy today being at 66k or 63k or hell even 57k, it just wont matter at all you will be so far in the green!!

Before putting your money in bitcoin, I will recommend you understand what bitcoin is all about and how it operates. If you really understand bitcoin, then you will know that no matter how much the price dips, it’s going to bounce back with time, so as an investor, I see no reason why an investor should panic when there is a dip. When the market is red, it gives us the opportunity to keep on accumulating more coins, and if you know you don’t have any funds left with you, then all you should do is just keep on holding. That’s why it’s better to invest any amount we won’t be using for a long period of time, and we should have other sources of income for survival.

how do you mean that Bitcoin will grow without fulfilling anyone's dream like if truly Bitcoin doesn't fulfill anyone's dream then what's the essence of investing in it because majority of investors have the believe that their investments will work according to how they have planned it to be and I believe that is the reason why more investors are trooping in because they have literally saw other existing investors succeed so that should be their motivation of choosing to invest since a lot of people wants to witness success from others before they can decide to do what they do.
Saying that almost every one expects a dip in order to buy at cheaper rate may not actually be true because there are a lot of investors that have hodl enough Bitcoin and are expecting the price to skyrocket so they can take profits from their investments.

buying at a DIP when the price continues to DIP looks like an advantage to buy at lesser price while expecting the market to skyrocket at any time but saying that one should do what other newbies does by panick selling which will actually lead to loses because it's obvious they can't sell at the price they bought with since the DIP extended further though if they are to be patient enough to wait till the market regains and starts experiencing increase in price I think that will be a good idea.

Now my question for you is that do you believe that all newbies does panic selling when they buy at a DIP price and it begins to DIP further? since you said of doing what other newbies does.

Read the OP again you will know the cryptocurrency he's talking about as all contents in the OP is original, none was edited.

What to do when there is a continuous dip in the price of Bitcoin is to hodl the one that you have or keep buying more, Bitcoin is a long term asset and it is not favorable to sale during price dip. The focus of everybody that is hodling Bitcoin for investment is to look forward to price increase, when it will skyrocket and become very profitable. That is the reason why many people that are into Bitcoin investment are using the DCA method to accumulate Bitcoin, so that wey they will keep buying, not minding and worrying how low Bitcoin price dips it will recover and begin to surge higher.

I would say not some investors but all investors always wait for the price to dip to make use of the opportunity to buy more since we are all after profit. The main of of most investors is to make profit but then there are times where our limits and patience are being tested and the market begins to fall drastically, during this time there is no need to panic, we should see it as an opportunity to buy more at a lower price.

No investor wants to see the price falling but when it does we just need to keep buying at every dip and not panic because bitcoin as we all know will not go down easily and no matter the dip it will always find its way back up.


Absolutely the perfect thing to do when there is a dip. Always buy the dip if you can, do not panic no matter the situation and never think of selling at loss when the market is down. Above all you must have patience.

Not just some investors that expect the price to skyrocket, but all investors. No one wants to invest in something that won't give them profit in the future, so saying some investors is as if some actually want to see profit, while others just want their money to sink.
 
If you want some profit, it's just a matter of hodling for a long time and also disciplining yourself to avoid the anger and frustration the more dip might cause for you. That's why one needs to buy and hold bitcoin with only the money they won't need anytime soon; at least they will have enough time for the price to dance around before it can start staying positive.

Yes for sure there are two things that happens in the market. Despite There are two sided party in the market, bitcoin will continue to grow without fufilling anybody's dream. If bitcoin where to follow peoples mind, bitcoin will not grow because almost everyone wants it price to dip sothat it can become cheap and affordable before it rises. While most early adopters who bought it cheaper are expecting bitcoin to rise.

Real bitcoin Investors dont panic, they are always confident and invest ileve. If the market is keeps diping what they even do is to buy more.

Newbies are saying buying the dip but after some dips, they no longer have money to buy more dips. It's because they don't have plans for their investment in long term. They want to enter the market, buy dips but their investment vision is not actually for investment but more similar to speculation.

If they have long term investment plan, they must have good capital management and sustainable income flow that can help them to invest with DCA strategy. DCA strategy can help them to avoid panic sale and have diamond hands to hold their positions patiently and wait for market recovery or bull run to take profit.

Three points are correlated and if they do one point incorrectly, it will affect two other points. To invest long term, successfully they must do good activities in investment for all three points you mentioned.

If you saw the market dipping right after you bought some coins, you have 3 options.
1. Buy the dip, of the dip, of the dip.
2. Do what most newbies are doing which is panic selling.
3. Just be patient and wait for the market to recover.

Between the 3, the 1st and 3rd are the best things that you can do. Panicking when you saw the market going down even more after you bought will lead most of the time to losses. Seeing the market dipping means opportunity for the investor to buy even more. The problem with most of the investors that you are saying is that they expect that the market will go up as soon as they buy Bitcoin, but that isn't the case most of the time. Sometimes, you need to be patient. There's no benefit in panicking when it comes to investing, and most of the time, it leads to huge losses.

Overall, I already said the 3 things that a newbie can do when they see the market dipping even further. It's up to them already which they will choose to do

Dips are either chances or risks that depends on what a person is doing, investing or trading and trading with what types: spot, leverage or futures.

With trading, Spot is the safest while Leverage or Futures is more risky and can cause liquidations. In dip times, if a trader uses leverage or futures, with bad positions, market and exchange can cause liquidations.

With investment, there is no risk of liquidation and the challenge for an investor is keep holding, DCA more or panic sell. But at least, no risk of liquidation by exchange.

If after buying bitcoin and the price of bitcoin continues to go dip, their is nothing to be panic about because the pice of the market will definitely increase, and as the market goes dip if one can still afford to buy more again their is nothing wrong about it because when the market goes dip it is just an opportunity to buy more bitcoin. For those that understand the market very well, the dip is not what that should make anyone to become panic because it will surely take place. The dip is not what that can be avoided and it not sometimes that is bad, it is an opportunity for people to buy more bitcoin to hodl for the future.

Crypto coins or bitcoin which one? You can see many altcoins increased so significantly already but there fall would be very disappointing as usual and many people will regret they invested in altcoins at high price. Many of the coins has dropped 2 time already and the bear market may still be more significant on altcoins while bitcoin not fall below $60000. People should not hold many of the altcoins for a long time but sell it when they have seen huge return. It can not keep increasing.

Short answer: It depends.

These are the decisions that each individual investor will have to make for themselves because everybody's size isn't the same and every investor is different — all have different goals, objectives etc. One of the ways I've seen people tackle this is that they don't buy all at once with size. Instead, they split it and buy at multiple price zones or support levels and that helps to average the price down in a situation where the price drops and continues dipping. Example is Michael Saylor.

Others just become bagholders and don't buy more. Imo, once you have your conviction about Bitcoin, these little price swings won't deter you much.

Just set yourself a plan that with the price that will come during the dip, you'll buy at that moment. And no matter what will be next thing to happen, you'll be patient. Otherwise, you'll have to buy more when another dip comes because that's what you've been hoping for to come. But guess what? many of these investors that keep on saying that they'll buy when the price of BTC dips, they won't buy to be honest. And that is because they think that the continuous drop is losing them confidence for the recovery to come up next. They don't have a solid plan in doing it and keeps on making new lows as their goal every time there's a dip.

It's only strong-hearted investors in crypto who understand the market will see this dip happening to crypto coins, still longing to invest in them more.

Many newbies I have had one-on-one talks about the current market are complaining badly about the market situation. To them, they are not willing to buy additional sat because the market is not favorable to them. They bought bitcoin when it was above $70k. Thinking that it would skyrocket further to hit $100k as predicted by many crypto influencers. Seeing the bitcoin price heading downward to $64k+ was unexpected and unbelievable for them.