Bitcoin Forum

5 months ago price went up above $1250 people started saying "will it come down so we can buy" then it came down to $800-$900 and i told them This is the dip to buy in

3 months ago again price went up from $1400 to $2755 and a lot of people were asking "is it a good time to buy bitcoin, will it come down to buy?" then there was a dip $1850 on 26 and 27 of May. and i told them This is the dip to buy in
you can see one of the topics here: https://bitcointalk.org/index.php?topic=1933765.0

now price once again went up to $3500 and people are again asking "will it come down so we can buy".
i tell you again the dip is happening again. you had a chance of buying at $3100 and anything now is a good buy price, buy before you regret it.
This is the dip to buy in

so which one will you be? someone who buys before it is too late or someone who regrets and buys when it is too late?

Yeah straight up, the number one way to make money in crypto is buy dips and sell high. Or HODL, then you will profit guaranteed.

No one can predict with certainty whats gonna be the bottom of a dip, or the peak of a rally... Sure, some people do have more "educated guesses" than others, but that's about it. You can never claim you know for sure.. Analyzing a chart from the past is easy, predicting the future is impossible.

you are confused about what buying in a dip means. let me give you an example which you can check on the charts:
in March, price started moving up fast up to $1350 ATH of that time then it dropped down. the bottom (lowest price) was $891.33

buying in the dip means buying anywhere below $1200 and make profit when price goes up in 8 days back to $1200 range and make the biggest profit when it reaches $3500 in 5 months!

I have been doing this for years now and started at $400. I have managed to triple my initial investment, every year and I am trading risk free for years now. < None of my own money, only profits from trading the dip > I would say timing is everything. You have to be able to spot the turning point and if you can do that early enough, you will maximize your profits.

Learn to spot the turn and you will be successful. ^smile^

Well, i believe those people are really lucky who can get it done on the right time, because the price cannot really be predicted exactly, but we can just wish for it to grow or drop so that we can trade, but if someone gets it right and earns profit from these dips so they are truly lucky in my opinion.

Good advise, But people here so stubborn asking for advise when to buy but then made up their decision that they will have to wait because the price is too steep for them to get it. But then when the price goes up, complaining and regretting that they should have at least get something every time the price dips. Timing is important. One good example is when the price dip at around $1900 and people are still looking for the price to go as low as $1500. Then suddenly the price shoots up to $2900 in just 2 days. Easy profit for day traders who got it at $1900. So everyone who are still doubting it this advise, it really works and even though the price goes down again you should buy more and once the price skyrocketed, then that is the time to sell small portions of your stash. Simply as that.

But the price dipped $200 from the $3500, to $3200.

You may try to sell in the high and buy in the dips, if you want.

When price dip happens people get into panic thinking whether the price once again grows high or not. This possibly happens with the low volume holders where the large volume holders simply invest and benefit out of the dip when the price increases after a while.

not if you want but if you know what you are doing. wanting is not enough. i want to be a millionaire but i don't know how to become one :D
for selling on top and buying back you need to know a thing or two about trading, otherwise you are just wasting precious money and you end up with less bitcoin than you had before.

buying in the dips is different though, for example many of us invest in bitcoin every once in a while when we get some extra money for investment. like each month. and by that time it is best to buy it in the dip before the rise starts again.

Like others said it's hard to know exactly when the right time is there and the "dip" will not continue. But I always try to find out what others think in a certain situation and try to handle it like Warren Buffet:
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

So when they are panic selling their Bitcoins, it might be a good opportunity to buy.

this is a good point. people tend to prefer regretting instead of making a move. and it is not about the short term fluctuations, and it certainly is not about buying in the exact right time or absolute bottom (as a couple of comments here say). it is all about the long term holding and the profit that it can give you then, lets say in a year from now.

these days I keep posting this topic here: https://bitcointalk.org/index.php?topic=1790863.0
because it really suits the current situation. for example back in 2016 people said $750 is too much, now it is nearly $3300.
I keep updating that topic every 6 months or so to show the long term change with the focus on the 1 in a million notion. you can see 1 in a million costs $20,000 more than my last update!

Totally agree with you, an easy way to make profit with crypto and bitcoin. A lot of people regret not buying when bitcoin was like a couple of cents, but they still don't realise it is possible to turn a profit with crypto nowdays. Buy at the dips and sell when the price is right.

When people panic sell and price drops, it is your time to buy.

really this time to buy BTC because this price is very stable and price will be go high soon and you can arriving around 5000 USD  .

I think this is the time that the price is going to keep rising the fork was the time of uncertainty amongst the community. Most seam happy with what happened on August 1st and there doesn't seem to be anything on the horizon for another dip.

I don't understand why you are saying it is in a dip right now. It is pretty much the highest it has ever been! It just went up over 20% last week and you don't think another dip is possible?

I wish i buy last year when the price still cheap at 600$ can buy even 1 BTC and hold until the price could reach to 10.000$ each

well feel free to buy at any price. my word is towards those people who think price is too high and always wait for a dip to buy in.

let me show you on a chart for a better understanding:
https://i.imgur.com/gDqcFTw.jpg

the dip is after the big rise and in case you missed buying 2 weeks ago for example.
and by the way price has gone up about $100 ever since this morning.

I think the dip that the OP is saying is that after reaching a new ATH at around $3500, the price suddenly go down to $3350 so there is around 1% dip. So this is a perfect time for other who has already missed the boat buying at $2000 when bitcoin crash or dip a few weeks ago. The rationale being if you will wait for a dip before buying, and then when there is a dip you don't buy, then you have may missed opportunity to profit even if is just a cent or dust amount. A profit is a profit. No matter how small it is.

Every one would like to be the one who buys before it is too late.But what makes most of them to miss the chance is that there are lots of FUDs which say that bitcoin price is going to crash and so they just wait to buy and finally they miss the train without buying any bitcoins.So,whether bitcoin falls due to market condition or due to FUD,just keep calm and buy bitcoins.

Well, a profit is a profit. True, but if that is the kind of dip that investors are waiting before they buy BTC, I think it is not really worth it. 1%? What is the probability that it dips rather than increases in value? That's not even 50-50. The probability is that it will surge. So buying anytime right now is really a wise decision.

the highest price on bitstamp was $3490 and the lowest it got after it was the next day when price dipped down to $3178 and now back up above $3400 and that is nearly 9% profit in about 2 days give or take.

and it is like a $300 discount! i wouldn't call that "small"

I don't think that blindly buying the dips is the best idea you can have.

The issue with buying dips as soon as they appear is that you never know how it is going to go. Obviously in the long run bitcoin is likely just going to keep going up, but since speculation is a short term thing rather than a long term thing, it's not going to work.

What i would do is wait till everyone is just full on talking smack about bitcoin, saying that it's no use, it's a ponzi and whatever else. That's probably the lowest you can get in a dip, things can't really go any worse from that point on.

I'm by no means saying that buying dips as they appear is bad. It is infinitely better than buying when everyone is hyping about something, it's just not the best. It's probably best to analyse the whole picture before acting.

I dont know why I am smiling now.
But I really love the way you summarize it. Now newbies will have a clue to what they will do and that is thanks to you. A good tip.
But now it is at $3391 at preev so maybe I will wait for that $3100 price before I will buy them.
The dollars are waiting at the other line.  ;D

The point at which decision is to be made as to buying or not is what differentiates who will make more profit and who will lose. The market is there and the swings is expected but for a newbie he/ she will have difficulty being ruled by emotions without understanding the reason why there is an increase in price or dip in price. As a golden rule for me, buy only when you can afford to lose irrespective of the direction and sell when you are comfortable with the price at the time and not because of the uncertainty or panics.

That’s one problem with people, they keep asking questions like “should I buy bitcoin now?” “is this a good time?”, and price is going up… “omg, Bitcoin is for the rich people, not for the poor”… “will the price come down?”…tick tick tick, and the price is still going up.

They won’t do things when they’ve got the opportunity, they keep wasting it. Some people are crazy I swear, especially those asking if bitcoin is for the rich. Do it whenever you think it’s right to do it. Even back when the price was $250, some people were asking if it’s the right time. Keep asking, and let the serious ones keep making money.

The thing is are they need to wait for the dip of the price before buying it? As the current price is being rising the value and I can feel it will continue to rise indeed. It is hard for the newbie being mandated by the emotions as to when at what time they can buy. But gladly a tip that could help to a newbie or anyone, the good thing to do is buy at what you can afford to risks and willing to earn in the future.

There is no way anyone can predict the market directions accurately. The best way to start investing is to start buying in a small amount when you decided to invest in any product instead of waiting for the prices to come down. Because when you wait for the prices to come down then you may miss the chance to enter the market, but if you start investing in small amount then you will get a best average price of an item over the time. I suggest never wait for prices to come down instead just start immediately otherwise you may just need to wait for ever.

This thread was started with there is a dip. If there are newbies reading and thinking to buy bitcoin, they should have make their moved already otherwise if they are waiting for another correction, it will not be realized today as the price is going strong. If they bought a little then good, because you are on the road of profiting in bitcoin already. If you again, waited then you have already missed it because the price soar again at $3700 and might touch $4000 in he next weeks or so because of Segwit activation.

Wow you're well experience sir when it comes to this. i wish I could learn the art of timing.
I also believe in that too that timing is everything, and all will follows. I also think that we should trust out guts when trading. If we feel like this is the day to buy, then is it. It's really hard to tell when it will happen, just be dont too greedy, maybe lets be like chinese, its okay to profit a little than lose your investment. Quick return of investment versus slow return.

I think it will be better if you'll buy now than waiting for the dip. It's just the same because the pumps are continuous. The price of Bitcoin is insanely increaseing after the fork. If you'll buy now, you will surely gain profit because it will be increasing and will go skyrocket at the end of this year. Pumps now are bigger than the dumps, would probably recommend to buy now if you want to assure that you'll have something in return from your investments.

maybe i need to rethink my choice of words, people seem to misinterpret my words a lot (English is my second language, so that may be it) ::)

i never said "wait" for the dip. i said buy by that time which was actually the dip to buy bitcoin in. and you need to look at it from the eyes of a newcommer.
you and i agree that bitcoin price will be higher even if it drops in short term. but someone new will see his investment shrink, that is why it is best for them to make their first purchase at least in a dip (the time i started this topic) so that they have a low chance of disapointment.

Yes its obvious that anyone will want to buy a lower price, now if someone just saw the price shoot up by $200-300 he is going to think it's an bubble and we'll 'let's buy after it burst'. But the thing is this almost never happens, I have always had this thinking that buy while you still can. You can still get today for only $3500 what if in more 6 months $3500 would like like $1000 of yesterday.

If we look at the past 10 days after the 1 St Aug event we will know that Btc price has being rising daily . There is no such fall but it being targeting to reach 4k it seems . So any dips in the market will be a good buying opportunity with the 6 months target to reach 5k. So as per your risk appetite one can keep buying smaller qty at small dips .

The main problem of new cryptocurrency investors is panic selling. Cryptocurrencies specially Bitcoin has a track record of growing up with some short terms ups and downs. Dip in Bitcoin price should always be used for buying more instead of dumping it with loss. Bitcoin gradually scales up everytime after a dip and never fails to give the best returns.

there are no any guarantees here) It's better to sell 50% on x2 profit (or 33% on x3 and etc).

This is a great strategy for the people who want to invest in a good and stable coin and they also want a long term investment. Buying from dips is a great strategy to buy cheaper rate of coins and you can easily sell it in the next weeks because the price of that coin is already at the dip and then it can easily go to a high price or average price.

Well, I think I ll be focusing on alts from now on. It s much easier to make money on alt which costs $1 and increases to $2 as compared to $4k BTC going to $8k. People, buy some alts!

The price of bitcoin has been surging in recent months ,Good for those who have some.
most of them  are calling for it go even higher.but for those who Haven't bought yet

should learn more about Bitcoin.Don´t look at the price all day, that leads to nothing.

that's the truth! couldn't agree more! the only thing I would add is dollar cost average to balance the volatility!

Anytime bitcoin surges to new highs i feel like i should go out and buy some, From time to time i buy the dips although usually at the top of the dip =p. Im not sure when we are going to get a dip with this latest bull run though, And even if we do get a dip, how low will it be?

I choose someone who is not too late in buying bitcoin.
Most people when they want to buy them think fear of going down again, and fear the price does not rise .. Finally regret when the high price, time to sell.

well bitcoin will go $4001 and $4010 first before it goes to $8000 besides you can buy a portion of one bitcoin always  so its kinda the same and

you can actually gain profits from both of them depends on which strategy and amount of capital you're willing to risk. there is no its much easier

on both of them in my opinion because there is no certain profits, you will always risk something. bitcoin is still dominant among all of them thats

why people kept encouraging one another to buy buy and buy particularly during a pump like now

It is not too late to buy bitcoin, still. The price of Bitcoin is still climbing its way up amd if you'll buy today, profit will still be assured since the fork is successful. People are predicting how much will Bitcoin go before the month of November ends, but one thins's for sure. It will be infavor for Bitcoin community.

Any dips that happen in the future will happen very quickly. If you want to get in on it the best thing to do it to get your finances all in order and setup with the exchange so when it does happen you can jump on it.

Can we keep this thread up? Because I think for myself that this thread will help us because of our guy here Mr. RoommateAgreement. He helps a lot on when to buy bitcoins. I think at that statement, I am the person who buys it when it is too late :( that is so sad on my part because I really can't read the market. Unlike any people they could read the market, I mean the movement of the coin so that they can buy coins at right price. Give us signals please :(

I agree I think this a great thread with a lot of very useful information. Not only that it is a testament to how cool this community is. Thank you for all the valuable info, you're all great!

However also take in mind that you are unlikely to get massive returns overnight, you might even lose an amount over a year, if you are going to be buying bitcoin, hold it long term if you are looking for rewards.

i am sure that it is not still late to buy bitcoin, i think bitcoin price is still trading in a very very good price and if those people who will invest money in bitcoin right now i am sure that they will get a good profit in some days. in fact bitcoin price has still very good potential and therefore its price will continue increasing for next few years.

Turns out OP you were right. I had sold a small portion of my bitcoin at $3,400 to try out my trading skills. Since the price rose so quickly I assumed it was on a bubble and would pop. After frustratingly see it go up and up I rebought at $3,800 and just accepted the loss... well now it is a gain though, because it went up past $4000 a couple days later. :D

Seems a good suggestion. With all these changes in the prices of bitcoins, it is pretty hard to decide when to buy and when to sell. At the present moment, the price is high and it will surely boost up in future.

So, now is the moment to buy. Also, if there will be a dump in value, still the price will be high. Saving coins for future is better than selling them out now but if you need to fulfill your requirements, it is a wise step to take.

The prices of bitcoins are going to rise in future. Bitcoins are going through there pumping phase and even if there will be any sort of decrease in its value it will be $2900 at most. I oppose my own idea. If you want to earn profit from bitcoins it is a right time to invest as compared to future.

Sure the time is right and ripe at the moment to buy in more bitcoins if you can and you are certainly assur d of raking in profits at the right time. It gets better by the day and the longer you hold the better it gets like wine.

With the price of bitcoin rising high ,i really do not think that the price would anyway go down that steep now,the people who were able to purchase the coins during the dip certainly made a huge amount of profit,the recent rise is certainly surprising as i did not predict the price to rise this much in a very small amount of time.

Probably suggests that after a huge peak in prices a dip will follow just now we are at a point where prices have peaked to high proportions it is only a matter of time before we see a slight crash and prices levelling of again.

Which is the best part of this investment wait till the correction happen then hold again for more pumped if possible to hold for more years bitcoin still young in this currency business so more will follow for sure it will rise to its new ath from time to time.

I admire you that you had sold a small portion at $3,400. Well you've got $1,000 gains than me.

I had sold it before at $2,300 - $2,400 I was not in panic but there's a need to sell for some financing needs.

But I had to disagree with what you had said that it is not a bubble, many already said that bitcoin is in a bubble but it's not.

No one can guess when exactly to buy so that the price then starts to grow, but I think that bitcoin is not too late to buy, it has growth prospects and after a while it will bring a good profit.

You are one of the very few who saw the opportunity when there was, many people just failed to see it, they brought it high and sold it due to fear. Good to see there is someone who thought like I thought and made good purchases, thanks to this forum, was able to get it right at times and like buffet says buy when they sell, sell when they buy, if one applies it correctly in Bitcoins one can make a lot of money. So now 4400 what's your current opinion.

What is difficult right now is to find a dip to buy  ;D. Maybe we should be looking to just buy and wait it to raise more. Thinks that it is much likely to do so from now on.

Dips are so short now...

actually the day that i posted this price was "peaked to high proportions" and it then had a sizeable correction which was the dip i was telling people to buy in.

and also right now we had the same dip repeat itself about more than 2 days ago and a very nice dip shaped up and gave those who wanted a nice chance to buy bitcoin $600 under the current price

Easy keep calm when you don't buy bitcoins. If you get paid for work in bitcoins you can afford the luxury not to be afraid of price drops and keep calm, but those who buy bitcoin sometimes it spends the money and for them this fall is a tragedy.

well, i dont really regret anything because i work and earn bitcoin. so i dont have anything to lose. but im really happy when the price rising into $4K right now.
but if i bought it, i must be the one who regret and buy it late like i always do than buy it when price considerably cheap atm

It really depends on the entire goal of the person that is purchasing Bitcoin online. If that person wanted to make money through Bitcoin then he will be really stressful within our current situation since the price of Bitcoin is going up and down really fast. An average trader wouldn't know what to do and they would cash their money out at a loss and then be upset when the price of Bitcoin goes up later on.

If you are purchasing Bitcoin to help test the network then I would think that there wouldn't be any regrets for purchasing it.

You are showing yourself as a guy who always repeat "wasn't I telling you that!?". But you see, all this deeps are big money actually to buy Bitcoin, so it's normally that everybody is waiting to see some lower price. It is always like that. If to talk about myself even 200$ per BTC was high price to me. But I don't create any plans about buying of some bitcoins. Better I will put some on a side and this is going to be my version of the input in bitcoin.

Ok by show of hands who listened to the original poster and bought in the dip ?

🙇🏼‍♀️🤦🏼‍♀️🤦🏼‍♀️🤦🏿‍♂️🙇🏼‍♀️🙇🙇🏼‍♀️🙇🏾‍♀️🙅🏾‍♂️🙇🏼‍♀️

Almost none I bet.  When will I learn to take good Advice?

The moment i buy a coin , it instantly starts to fall...just in case you were wandering who is creating those dips guys.
Man, i hope Ark will make me some money..

I've bought in dips over last month or three.   Beauty of it is, only you determine what is a big enough dip; with prices that can span 200-800 dollar swings in any day you can make nice profit on a $200 dip, it doesnt have to be a $1,500 dip to make money

very good point.
i have always tried to reflect this in my topics and i hope some people took the advice and made a move on this opportunity that was provided to us. you can always stay on the sides and watch the movements before jumping in but the important matter is to jump it and not be greedy.

i see people always waiting for lower prices. and when their target is reached they start waiting for more lower prices and their wait will become forever because that second lower price never comes.
in this scenario when price hit $3000 they were waiting for $2000 instead of buying!!!