Bitcoin Forum

People who have been with Bitcoin for years already understood how the coin may behave in certain circumstances and so they are never shocked nor surprised to find Bitcoin going down in value which we called as dips or as some negative people would call it: crashes! Had the same thing happening in stocks or forex, indeed it could be so alarming if the retreat can be as low as 20% or 30% but this is just normal in Bitcoin. Afterwards, there would be a sudden recovery and things would be normal again. Volatility is  two-edged sword in Bitcoin and while some may find it a big turn-off many are welcoming it as an opportunity to make some money in trading.

Newbies in cryptocurrency should never discouraged seeing Bitcoin going down abruptly as it would surely be back into the action within days. Why is this so? It is because there are people who are just waiting for a dip for them to get into the Bitcoin bandwagon. A dip is indeed an opportunity to buy cheap. When more are buying then the coin will be pushing upwards again.

Now, if you are easily discourage when there is a dip...take a deep breathe, just relax, smile and then wait. Bitcoin is here to stay and we might as well enjoy its journey.

This kind of correction is normal since Bitcoin has gone up for a while, but we may want to invest more if we want to get the most of it in the future.

I am one of the people who are delighted when the price takes a dive. I see every dump as a opportunity to buy cheap coins and then to sell these coins for a profit, when the price goes up again. I bought after one of the biggest dumps and made my biggest profit from selling these coins. <Bought at $444 and sold some at $8780>

Bitcoin Traders love Volatility  :P - Merchants hate it.  ::)

That pic made my day, especially the kid.  ::) ;D
I'm not one of those who feel discouraged or down due to the shot (dip) Bitcoin takes after increasing to record levels as I believe in Newton's law that whatever goes up, needs to come down and we really need a correction every time it goes up because that's the only way for traders to enjoy the swings in values as that's how we profit. Correction is no bad if it has gained enough for the time being and bitcoin never disappoints as it survives back in the end after the "death it dies".

Now I don't think you may get a chance to buy lower than 8780. I'm still holding which I bought around 300+.

Not really i always enjoy these dips it clearly means for me that i can get free money. Meaning whenever the price falls i collect all my funds and try to buy 2 btc. During the last dip when it feel to $7k i bought 4 btc and sold at $10.5k get a profit of $10k in no time. As you mentioned dips should always be considered to buy more you can either buy for long term or just for a short profit.

People do cry in dips because they aren't aware of all this all these media and news are always claiming btc is a risky investment and when it falls below their purchase price it's a clear panic.

Yeah its interesting to think about it. the pros who have been in it for a while when they see a dip are happy because they can buy more. But of course their lack of concern is usually partially because they got in initially at a way lower price than what its dipping down at.

The noobs who are buying the tops on the other hand have to practice emotional control when those dips come. Although people who understand bitcoin and its economy know that its here to stay and going to go up in value. the noob just see a huge loss of money they may never get and in their mind are cutting losses when they sell at the bottom.

With every trade there is a winner and a loser.

Not a bit. Bitcoin was at the $700 range the first time I learned a bit about it. Pretty much anything above $3000, I'm very very fine with. What disappoints me more are people who just immediately listens to those FUD. A perfect example would be the Jamie Dimon case; it just shows how much ignorant people we have in the crypto space.

Dips are excellent. They create new entry points and help accumulate.

this market is more enthusiasm than logic when it comes to people.
and these days it is even worse because unlike low prices, now a small percentage rise is a bigger amount. for example 10% rise when price was $200 meant $20 rise but now the same rise at $10,000 price means $1000 (same with drops) and people lose their mind over it just because the number is a big one apparently. but they forget that these rises and falls are the same rises and falls as before, the numbers are just big because bitcoin is now worth a lot more.

maybe we need to start reporting the price for a smaller amount like 1 mBTC or 1 satoshi even. that may remove this confusion.

No I am not . Because I believe in bitcoins and believe in top 100 alt coin in coin market cap that they all have potential to recover like a rocket . So I am not taking any depression when market down.

At the moment I think the downside is due to investors complaining about the bitcoin and Etherum trading speed so withdrawing funds makes the entire crypto market go down. But do not worry too much. I think that after the normal trading activities return, the market will develop more now.

This thread is good for newbies out there that are panicking when the price is pulling down to the pit hole. Don't get discouraged when dips are on it's way and happening. I, myself is happy when there are dips it's making the bitcoin economy balance and it's a good time to give me chance of buying more, like this Christmas season I've got my bonus on my paycheck and good thing I bought some at $9,600.

I cant wait for another dip to recover my loss. This time i am ready

I used to have some doubts or get a twinge of fear when the price would dip but once I found out that it's normal for the price to experience some dips and corrections every now and then, I no longer get worried when it does. Unless some event may happen that would cause an impending crash, I don't get bothered by the dips. Also, whenever there is a dip I expect the price to rise a lot higher right after so it's actually better and beneficial for the users because it gives them the opportunity to buy and sell then get some profits.

I am not easy discouraged when BTC dip. I understand that correction is normal in the market. Like the rest, if I have extra money, I will love to buy more BTC in the dip.

I only find it discouraging when I buy then it dips. If anything this can easily be a good thing for people to buy. I would not see this as a crash just many have seen a good price to sell at and quite rightly so.

When I first got involved in cryptoworld last August , I was really discouraged when bitcoin hit so low (like almost $3K) and almost lost interest in it. And I have been asking my friend who are veterans in this if it is natural for bitcoin to drop  and they said it was natural for bitcoin to drop but not that low. So I was  really discouraged, and didnt realize it was the best time to buy bitcoin because eventually, it will rise back and even with more expensive rate.

Right now, whenever there is a dip in bitcoin, I'll just be happy because it was another opportunity to invest more in bitcoin a little cheaper.

Any market we cannot expect the chart to show the growth only in the forward direction. With bitcoin for growth all that required is trust, without it however hard you make predictions nothing is going to happen. Also some don't understand and when it falls little value fears and this discourage people who enter the bitcoin network.

Agreed, but, depending on the panic level of that person, read this thread could be irrelevant ;D
Besides to be a buy opportunity,  also can be more easily earned

Not at all, I don't see that it was a dip but rather a correction on the prices. People seeing it as a dip don't realize
how fast the coin went to that level before the price went down. I would even love to see the price go as low as $
5,000 for me to invest more on it. Bitcoin already proved that it can cross the $10,000 level and it will definitely
do it again in the next days.

In my opinion this is just natural, this is always happening after the pump, then after the dips again it will recover again on its price which on how much the price of bitcoin on the last pump. I think we don't need to worry about dips. It is still high for me.

that is a good point but at the same time if you look at the size of the dips you can understand how a "newbie" can easily panic. it is not a normal or common thing in the whole world to see drops like this or even rises are the same.
in my opinion bitcoin still suffers from having a small market and having lots of weak hand newbies who think they are traders and are playing at this "game" of making money by trading bitcoin!
that opens up a lot of chances for manipulating the price and they are successful too.

luckily the manipulations don't last long and they are always overcome by the general market movement and also when we see more investors, the manipulation also becomes harder. the same 10% drops of now could have simply be 40% 2 years ago.

Im aware of the volatility of bitcoin and if you understand it, you wont be discourage to see the price in dips or correction rather.

When i was new in crypto i also have doubts and worries on what if i lose my money that i invest in crypto the price is unstable and im thinking i cant stand to see my hard earned money to vanish just like that.

For newbies its normal to be in panic but dont monitor and think too much about the price. As time passes you wont notice it will recover again so brace yourselves for that time because it might even surpass the previous highest price.

No, not easily. I've got used to them. For example, the correction we are experiencing right now was inevitable, and I expected it. Yes, a big drop caused by something really serious (software vulnerability, for example) may happen, but it's unlikely. Right now things look completely normal.

This is the common problem with newbies when it's rising all they'll day is they wish to buy but price's are to high and then when it falls they suddenly become skeptical and they don't buy and those who had brought they suddenly will sell it off, like who does that, every dip one should buy small that's how you make money in Bitcoins. People just don't understand how Bitcoins work I guess making such mistakes is really bad. Just Hold guys Hold.

First, as soon as we start watching the biton, we are frightened by such failures. If you still take statements of some financiers about the fact that bitcoin is a bubble. But gaining experience, we are more confident in bitcoin.

I've witnessed post 2013. Though I survived just fine I'd be well pissed off if something like that happened again. It was the utter deadness after the dip that was dispiriting. Weeks would go past with nothing happening. I really wouldn't want to return to that.

A powerful dip might be scary but at least it's a sign of life.

these dips are the best thing that can happen to bitcoin for a lot of reasons. the biggest reason is the fact that it puts all the nonsense about bitcoin bubble to bed because a bubble would pop in cases like this when the price drops this hard (20%-30%) but instead bitcoin recovers and continues rising some more.
the other reason which is the obvious one is the fact that you can make a lot of profit during these dips and buy more bitcoin with the same amount of capital while others are selling with a panic about end of the word!

2014-2016 were almost dead indeed. I've almost forgot about bitcoin until 2017.


Yes, dips combined with large volumes and powerful rebounds look encouraging.

Sometimes, I easily get discourage about Bitcoin's trend. But then again, I always get FOMO'd if I was discourage at the first place.

The dips are not that much that you can buy too low because the dip are only between 100 to 800 $ and not more than that . I think if anyone needs to buy again this is one of the right time to buy . The price has dipped below 20k after crossing 10.5k two days before.

Dips are one way to increase your wealth but Dips is also bad for beginners because they are being scared or Discourage when they see how Bitcoin price falls. One of the reason why beginners doesnt want to try Bitcoin but like what i am saying to my friends who are scared to try Bitcoin taking risk will make you rich someday.

Yes, I'm easily scared when the market is on its dips, but I just do remember that the comeback is always greater than the setback.

those who already a pro regarding to this system knows how to work with corrections, better you always have an alternative precautions instead of doing some panics, bitcoin believers who already understand this situation see this as an opportunity better to ride and learn that its a part of the game we called trading.

For me, dip is like a chance. When bitcoin price started to pump continuously, people tend to be disappointed to their selves bot buying bitcoin while the price is still low. And then when dips come, a lot of people tend to buy bitcoin because they are thinking that obviously after a dump, pump comes, as they say, there are no other way but up.

We can't blame some new people but I think after some time they will be riding the price easily just like me.

Dips and Dumps are not exactly great for investors, but if you look at it from a positive stand point you can invest in Bitcoin while it's price is low and HODL until it increases in value again.

Dips also known as Corrections happen quite often so it shouldn't be a discouragement. However, it should be a disappointment if you have lost a great amount of money - this is the case with new members of the cryptoworld. Like altcoins, Bitcoin is also volatile and that's understandable.

Usually after Corrections, the price of Bitcoin rises again, and in some cases if not most cases it rises higher than where it was previously. So that's something positive to think about when it happens.

We always expecting minor decrease and increase in the price of bitcoin. $100 to $800 is not such a big decrease in the price of bitcoin. But i think still people have the opportunity to purchase at a little depth because the price of bitcoin will continue increasing for a long time. we are even expecting the price of bitcoin to reach to 1500$ in next few months.

I think I agree that dips is not really good. Mostly people are expecting a pump, and with even decrease in price makes them think what to do, not realizing they are being scared especially for a lot of people who just bought this crypto for such a price then dumps.

Still it is a good way to make another pump because a lot of dips or dumps was taken as an advantage by a lot of people and investors to buy themselves some bitcoin again. With that "taking of advantage", dips or dumps do not really take a long time, the price quickly increases.

Not at all, I may not be that long in this industry, but I know some stuffs that makes me stay here for long. We all know bitcoin is volatile so it is not stable in terms of price, but in terms of giving profits, shocking you with how it will be unpredictable, it is really good. I think what will make you get some good profits here is being active knowing what may happen so you can know what to do.

Before I would say yes, I am one of those who got panic whenever I see a sudden price drop in bitcoin and almost sell whatever coins I have for I was afraid I'll be losing so much if I keep on holding them in a long run. But when I realize what bitcoin cycle is all about a sudden pump or dump does not worry me anymore and I take every drop as an opportunity to invest and wait till the value of bitcoin finally recover again, I no longer get panic and only trust in bitcoin.

No. But there was defenetly an outbreak of hysteria in the last days, wasn´t it?  ;D
High volatility is quite normal for crypto currencies so don´t panik. Instead people should use the chance to buy cheap.

Not really but today i discouraged a little bit  :-X when it was exactly  got dip a little on the time that i really need to withdraw some of it  :'( :'( but even i losts some i know i will still can get it ^_^

We were all excited with the recent rise of bitcoin but we also know that somehow if will go down eventually.  And if you are trading bitcoin long enough, the rise and fall of bitcoin will not discourage you.  If the price is low, you will see it as an opportunity to buy more bitcoin.

By seeing the current condition of the market which happen to be really volatile and price always changing within 0-8% range  of the current price. you need to have a little more patience if you want
to withdraw some of your money, you need to take advantage of this dips and even get profit from it, so many people doing this while the other struggling to wait until the price go up again.

I would really suggest everyone to read Tony Robbins' book: Unshakable, Your financial Freedom. It helps you on how to deal with a bear market and how to take advantage of it.

Another tip for holders (not as important for day traders): Do not look at BTC and alts prices everyday, just check every week. If you see how prices changed from a week ago everything is green. People tend to freak out with ups and downs, but at the end everything keeps going up. There could be (and most likely will be) bigger corrections. However, if you believe in BTC and/or alts you are buying you know they will go up over time.

No talking seriously I don't get discouraged with a dip because this crypto market always need a correction to fix some matters and early traders who keep a sharp eye on bitcoin growth know that after every dip in btc prices its rise with a greater pump and there is a surge in prices all over globally.Moreover I take this as an opportunity and buy according to my budget at low prices and then sell at higher because I know it would rise to more extent and profits are in pocket.But investors might not be happy as they see it as a loss for their business but traders love it.

I have been in this bitcoin community for the past two years.I have seen lots of dips and immediate recovery of bitcoin reaching new heights.But newbies lack that knowledge and so they get panic.Adding fuel to the fire,big whales spread FUD forcing newbies to sell their bitcoins at very cheap rate thus making them weak hands.

China's market situations had been used by FUD spreaders many times before as it seemed logic and worked for them.But it is no more.So,they may try other news to spread FUD.

We could say it easily but,newbies would definitely panic first on seeing their hard earned money going down.It would be only experience which would teach them a lesson.But how much they lose to learn that lesson makes the difference.

Just a tad bit to be honest, seeing Bitcoin drop from $11.000 to $9000's while your transaction hasn't confirmed yet was discouraging. However, the majority of the time it occurs, the price recovers the few next days or weeks, thus, I don't really mind dips anymore, patience is the key here.

I don't care because I am hodling. Don't care for all of the Elmer (FUDs) that use every dip to say BTC is doomed, BCH is the king of crypto or will be.

That solely depend on any reason how does a dip happen.. I’m above average guy when it comes to emotionally affected by this kind of decreases.. I’m a little bit new as a member of the bitcoin community but I’ve already experienced a lot,, as most dramatic things happen this year.. I always take a break if the dip is too much to handle and I do stop monitoring cryptocurrency prices for me not to panic..

Not at all. Buy the dip... always. Just put money in when you have the chance if you intend to hold it long term.

I am easily discouraged to sell with dips but easily encouraged to buy and accumulate more instead. These dips will always happen and it is best to take the opportunity to buy at a discounted price. I will always stick to my goal before I take profit and my emotions will never get affected in investments. Buy low, Sell High.

No, i'm not easily get discourage with dips of bitcoin price because I know it is just temporary and it will be back again and even get higher than the price before its drop. It is best time to buy more bitcoin during the dips of bitcoin price.

no I dont discouraged with dips bcoz I hv seen many ups and downs in bitcoin price and I only have some satoshi so there is not much risk involved to be discouraged

well, sometime when i check the BTC price, especially in the last couple of days i'm like "wtf is happening! panic! panic! panic!" but i think it's understandable then i get my crap back and blame myself for not being able to invest more while the price is still "low".
I have not much invested at the moment but you know, every money you put in this crypto world are hard earned money that you can't use for your everyday use and losing them it's a bad situation.

All of us in the Bitcoin community had started as newbies too and am sure many of us here experienced the same emotional roller coaster watching Bitcoin go up and go down. The most important thing is that we are learning our lessons to control what we feel when dealing with cryptocurrency. Bitcoin has just actually started to go mainstream and the journey has just began. The future belong to Bitcoin and Bitcoin is the future we can experience today!

Not at all. I love dips. Its nothing but a buying opportunity to me. Actually I am not waiting for a dip as we have seen it yesterday, I am waiting for a huge correction, maybe to 7,000 or even lower. Lets wait if we will face this in the coming weeks.

It can be discouraging for those who are just beginning i n bitcoin industry. Bitcoin price dip is a good opportunity to investors to buy btc in a low price.  After a dip btc will surely be back in its track and the price will go up again. That's the thing that we have to get used to in this industry.

Of course not, in fact, I'm glad or shall I say mostly were glad when dips happen. This is just normal and we're used to it, we've been waiting for this dip after Bitcoin surge up quickly last days. This serves as the best time to buy again while it is in a low price because one thing is for sure, it will and always soar high again after a little break at some certain price range.

No, not anymore I'm getting used to it. Gradually I learned and experienced the different scenario that made the possible reasons why there is a dip in bitcoin market price. Based on what I experienced this year the possible reasons that made the bitcoin dips are the Aug 1 hardfork, the China ICO and crypto exchange ban and the Bitcoin Cash pump and dump.

As we've seen many times before, a dip is nothing to worry about

Never not even for a second because I realize that these corrections are necessary and healthy for the growth of bitcoin. The last thing you need is massive parabolic growth every other week because as you might or might not know that is not sustainable. We all want bitcoin to go up and be worth a lot more than it is now but only in due time and if it is ready for the growth. Because otherwise it will have a massive crash and you don't want to test the waters like that.

As we build more experience we will more understand about bitcoin, it is completely normal to have a correction, correction usually happened when the price go up too fast and people will used this opportunity to get profit by selling that is why the price go down, we need to know the  reasons why the price go down, when we understand it, we can make the right decision

Well, im not even a second. Dips in bitcoin is normal, it is part of Bitcoin world to goes down at some time. Many are saying it is due to corrections made, and i think it is the reasons but eventually after those things it will continously goes up again but not as fast like before.

No.I would actually see it as an opportunity to buy more bitcoins at a lower price since i have already seen many times bitcoin price falling and recovering soon.It would be only newbies who would get panic and sell their bitcoins in such dips.We have already seen lots of dips and immediate recovery after such dips bitcoin reaching ATH.So,just stay cool and buy more BTC silently during such dips.

I easily get discouraged with dips those times that i dont understand bitcoins platform,but now i just take it as a normal decrease of btc prices.This would be the opportunity for every individual who want to invest btc.When it crashes more investors would have interest  to buy in a lower cost and sell high if the perfect time comes.

LOL, I love the image with the baby crying but on topic, no I'm not discouraged by the dips and I think the same goes for people that got some experience with bitcoin, most of us see it as an opportunity to get more bitcoin at cheaper prices, if I can get in a dip that is great but if I cannot I do not care and I buy at whatever price bitcoin is trading at the moment, it is not the best strategy but I do not have the patience to wait for the perfect opportunity to enter in the market.

I don't know if there are such panicking levels for them as long as they are panicking then they are doing it wrong. I've been there and I guess all of us, we've been through on panicking scenario. To those newbies just take note that dips are healthy and don't take it very hard and heavy that it's like the end of your bitcoin/crypto career, there is an advantage and opportunity when you take it positive.

It is really very hard to predict the future trend. As you can observe there are many peoples who are always expecting for better profits all the time. I would say nothing can be free and easy in order to get the enough profits in bitcoin. Its almost easy and very fastest growing investments sector never seen. So i will never say dips will make me sad and spikes will make me happy. Fluctuation is a usual thing. I simply follow my general strategy like Buy when its low and sell when its reach to my decent target value.

Every body is discouraged, pretty normal isnt it? But being easily or not that is the different

Mostly beginners do such thing, because they dont know how to control their emotion yet. As we know, we shouldnt involved our emotion at all during trading, only some anlysis and logical thinking is needed

We see bitcoin in its peak and in its downhill and we see how it recovers after that. Many gets easily panic when it having some at least  minor corrections nor dips without even knowing they can utilize that opportunity to buy more and have profit and it same goes in alts. But observing the traders recently, they already know what to do and they're like an eagle eye that awaits bitcoin to have dips and grab without hesitation.

I guess you are very old in crypto market, that’s why quite familiar with the fluctuating nature of bitcoin and other digital currencies. Yes, It is true that one should not fear the dumps in the prices of bitcoin rather treat it as the golden opportunities of collecting bitcoin at cheap rates.

Bitcoin is the one which pumps harder than dumps and this is what I really admire about this amazing digital currency. In short, unstable nature of bitcoin is a blessing.