Bitcoin Forum

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

Everytime - yep it is not the first time when the Bitcoin bubble burst - are people that are surprised that price go down so much.
If someone is saying that it is the end of price drops, is wrong. It is free, high risked market and here can happen everything, so nobody shoud be surprised. Prices can not rise forever also can not fall forever. Next bubble will come, we just have to wait for the moment when people forget about loses and will come more fresh money on market. It is just matter of time..

You show quite well how Bitcoiners do not understand what is going on.

In the past very very few people were involved in Bitcoin, and therefore it was easy to find new "investors".

At the top of the bubble in 2017 every fool in the world who believed the hype bought into Bitcoin. There is not a new even large group of fools ready to pump Bitcoin again.

It is the same with all other speculative bubbles - once the bubble pops, there is no coming back because there are no more new willing fools to buy it

Yeah, I don't know why they say to buy the dip, if bitcoin all it's done is go down, like when 2 years ago it was at $100 and went under $50, and of course how to forget when last year it was at $2,000, it went up to $17,000 and now it's at $4,000, of course how to forget that bitcoin only goes down ... /s

Yes all believers saying this words; Buy the dippest price. It is so strange but I know that someone will be know. Bitcoin will breakout soon. Then we will be know how much is the dippest price.

My opinion is very different from yours and probably we will not find a common language.
I believe you are one of those who bought bitcoin in December 2017 and are now surprised by this fall...Do you know what a chart or trading is? The price cannot move up 24 hours a day, 7 days a week.  Yes, today we see a decline in prices and if you look at the chart for 10 years you will see not the first such decline. It is important not when you bought bitcoin but how you know how to deal with it in the market, because even on the decline a real professional knows how to make a profit.

LoL, you talk like if bitcoin price only goes one way, let me introduce you to my friend 'The bump', that's when bitcoin price goes up, because price rise sometimes, not everything is crash.

The point here is, how dip is the dip, we can't be sure how down goes the crash, so speculation is always another bet.

You must be one of the fools who bought bitcoin when the price is at $20,000 USD, Well you are quite right that there are many people back then that have bought bitcoin like you when the price is in an All-time high they just brought to bitcoin because of the hype And gets curious about it, And maybe buying the dip is for losers because we are not so sure if bitcoin would stay at this level or crash some more because bitcoin is unpredictable, But one thing is for sure that the price of bitcoin will not go down to zero, There is a chance that it can make another big leap in the future, That is certain for bitcoin, Because the value is not always a dip we can still experience another All-time high in the future and this is well known to almost all bitcoin enthusiast.

Bitcoin has been around since before 2017. So, if you make that year as your starting point, it won't be valid. And in its history, price movements are not only in one direction. The price of bitcoin since its appearance is not necessarily high. At the beginning of its appearance, the price of bitcoin was even very very low. Over time, prices gradually rose. But on several occasions, down again. And that's the process to date. So if you say that every drop will be followed by the next decline, I don't agree with you.

Buying in the dip is not a strategy for losers rather could even give rise to an opportunity. Every investor is entitled to there strategy on how they navigate the cryptocurrency world and so buying when the prices are low is a calculated move with could yield either positive or negative results

If bitcoin only goes down in price and never rises why then is it at $4175
as I type this? Because it doesnt always go down. How much was bitcoin
in December 2009?

Stop creating nonsense threads.......

I think you are wrong. Everyone who bought the dip and did not sell their bitcoins yet will probably profit in the future. Recovery is a matter of time. Bitcoin has shown it before, the problem is that there aren't enough users now who remember it. Buying the dip is the right decision, bitcoin is still way below where it used to be. And it's a good thing  if we are running out of newbies, because they pump the market as fast as they dump it. We need a strong community of people who will not fall for every FUD text about cryptocurrencies. Unfortunately, the vast majority of people still never heard about bitcoin, so there are a hell lot of newbies and possible enormous pumps and dumps awaiting us.

I don't know what you are trying to say OP, dip situation market is a perfect time to buy more in Bitcoin because that is the only way that we can assure to have a profit in investing Bitcoin. Let's say if you didn't buy now then probably you will regret near in the future because when the price goes up you can't jump in there in the current price.

That's only looking at the short-term. If you take into account all of Bitcoin's price history, what you're saying is patently false. Each dip ends higher than the last in a long-term upward trajectory.

Your claim is only true if the price falls below $150-160. That was the bottom of the last correction.

If you had bought the dip in 2015-2016 you'd have been driving your lambo today. I bet you wouldn't call yourself a loser now.

Buy the dip basically means that it is already too cheap and at this point it doesn't make any sense sell anymore. I know people were saying "BTFD!" when it was 10k then they said it too when it went 6k, and now when it is $4k they are still saying it.

You know what? It can even go below $4k.

BTFD doesn't mean you should go all-in. Dollar Cost Averaging is your friend. If it goes lower, you should (that's what I do anyway) slightly increase your monthly or weekly investments.

If you think $4k is the absolute bottom and invest all, you'll lose your mind when it goes below $3k. Don't do it.

Why are you so angry? New investors aren't fools. The fools with 0 understanding will get shaken out by the bear market and smart money will be waiting for their coins. Fools are and always will be buying at the top. It doesn't matter if the top is 1000 or 1 million. You will always find these people who buy high and sell low. You can also find smart people at different prices and different stages of crypto development.

There has been a lot of price bubbling during the past years, and each time, people always FOMOed in and bought into the hype. Quite obviously the hype of 2017, was the largest till date, but your idea that there are no more willing investors (or fools as you call them) to come into this space is false.

Only a tiny fraction on the world own Bitcoin now, adoption based on the product is the most valid form of hype, and not price bait.
When Bitcoin becomes a daily payment option, the price is bound to consolidate, this might not necessarily mean an instant pump, but as it's value and demand increases, it's price would.
It could be a couple of years for that to happen

First let me ask question about the dip which you wrote about: How do you measure the chart and trend in order to find  dippest price?


Trying to catch dip before entering position is like hope to catch train exactly when it leaves. What if next price discovery gonna to fool everyone with fake breakouts for several years... I trade for living and i know how it feels to predict market with tools everyone knows about it. I also hope bitcoin and all other altcoins will find stable way to grow healthy no like 400% in single bar  of  daily chart.

It looks like you lack patience.  Investing in bitcoin is a long term game.  Those that bought the dip will be the ones laughing when the crypto marketcap is in the trillions.

Losses don't matter until you actually sell anyways.  Perhaps your just a manipulator that is looking to crash the price more so you can buy up cheap bitcoin.

Have you heard about other markets that fluctuates or have you heard about these market dips in crypto market alone, if that is the case i would like to ask, which financial world are you aware of, the price cannot go high all the time, there will be a time for correction where big fund houses and smart people will book their profits. :P

There are some investments from the financial world who does not have any understanding about bitcoin, but that does not mean that we have seen major fund houses investing in this market, when the clarity in legality becomes clear, there will be investments coming in from big fund houses and i do not think that a billion dollar market will vanish just like that. It is just the starting phase and it will be there for a long time to come.

I think you have that backwards, or rather you are reading that upside-down. 

https://i.imgur.com/oVbzmlK.png

If I'm reading that correctly, every dip is higher than the previous dip.

Maybe your screen is upside-down ??

I really don't understand, are you so little in the field of cryptocurrency to spread such information? Do you understand how bitcoin pricing works? Why does the price go up or down? If you think that the main factor is the number of people who own bitcoin at the moment, then I advise you to study the subject more deeply, and only then write what you write and sow panic.

The only fool I see here is you and the nonsense you believe. You talk as if you don't know any single history of the price of Bitcoin... Who told you that the price has to spiral only upwards?
it Just only 12 months down the road since BTC last hit an all time high and people like you are already sweaty and full of panic. Keep the foolish belief to yourself.

 do not agree. We need to buy at times when the market collapses. Many successful investors are  looking for non-efficiency in the market and only then invest. When good times come, they sell to those who want to catch a growing trend.

I don't agree with you, how can a fool use BTC? but in my opinion, people panic that will make BTC fall.

they have no principles and goals, sometimes they are very easy to follow the market without analyzing it first.

It really depends on how you see bitcoin years from now. Year 2010 only few had believe bitcoin, and most probably if those bitcoin holders are still holding their bitcoin, they might be millionaires last year and hope they'd converted some of them to cash and other physical assets. For those who bought their bitcoin just last year, you probably have no choice but to hold on to them. For bitcoin believers, it is their chance to acquire them at a lower price.

in my opinion, the "buy the dip" strategy is not only for losers. but for everyone who loves and trusts BTC.

a fool only has a small effect on the market decline, but, many other factors can make BTC fall.

so, we better not blame others.

You know this word buy the dip is for all of us not for the lose only but for those who want to earn. If you don't  want to believe  on this its up to you because for us this is the way to earn because when the value rise and when we buy in the dip we earn but you are not because you are not believing on this word.

I dunno, I've seen that in many cases this can lead to gains.

• Short-term gains if you buy the dip and sell on the bounce - assuming that we're talking a bear market
• Long-term gains if you buy the dip to accumulate more coins.

Buying the dip is pretty effective, especially if you have a well-placed limit order according to some retracement. Conversely it is considered risky to be buying on the rise in a bear market as it is most likely a bulltrap.

There are, of course, exceptions to the rule but they are few and far between.

then what do you think is a good strategy? there's nothing wrong with buying digs and hodl until the price rises again. You believe that 2017 prices move very fast and in 2018 prices move down quickly? if you believe, it means there is a big opportunity in 2019 and prices will also move quickly like in 2017.

they all say buy the dip because they want more rats to join their ponzi scheme so it becomes so huge in its size that it cannot be stopped. they try to achieve a selffulfilling prophecy thats why the bitcoin cult hates altcoins because they drive attention away from them, its a nightmare dealing with those people, its an even bigger nightmare liking them. its just a miner cult that tries to market their blockchain token, that is being taken to serious.

if you were an actual trader for a living, then you should know by now to not use market tools everyone else uses. you should also know not to use market data to look for trends.
there are many other things involved outside market data that affect market price.

if your just looking at market data. you are just looking at the "conclusions" not the triggers. by the time you react to market data. the market has already done what it wanted. just looking at market data is just trending the sheep. then reacting to only market movements is just being a sheep, moving because another sheep moved.

its like when institutional investers shout out buy. its because they already have. and now they want the sheep in on the buy game so the institutions can get the sheep to pump so the institutions can sell. thats right when an institution shouts out buy. its because the institution is ready to sell.

finding the triggers and baselines
its like gold. your better suited to find out how much gold miners are mining gold at to learn the bottomline line cost of gold
EG if gold cost $900 to mine. prices would circling around the $900 area.
if it cost $1. prices would be circling the $1 area

because if its cheaper to mine gold to buy it. people will. if its cheaper to buy gold than mine it. people will
why waste diesel on excavators and sluice machines if you can get gold cheaper than mining costs.
why waste investors money buying gold if you can get gold cheaper using diesel on excavators and sluice machines

there is a equilibrium. people are always trying to find the cheapest way to get an asset.
so gold markets circle the mining cost.
bitcoin markets circle the mining cost.

yes there is speculative layer. but im not talking about how to find the next ATH or the next speculative bubble, im talking about the bottomline waterlevel not the waves and tsunamis and bubbles above the waterline.

look to mining costs to find the underlying water level

with all that said
the real foolish notions:
buy@FOMO (hype upward moments)
buy the tipdip (right after the speculative bubble high starts to dip)

best time to buy is at the correction(back near the baseline)

next bit of advice. split up your basket of funds into several baskets. never put your eggs into one basket.
if you have $10k. break it up into 5-10 orders.
make an order. buy. then sell and only sell for a couple %. dont HODL for months waiting for that 100% jump
take a couple % a day and repeat
if the price doesnt go up by 1%  and just stagnates. then fine. you still have 4-9 other baskets of funds to take advantage of other opportunities while that one order sits dormant

its all depend on your speculation. if your speculation is right I think to buy in the dip is the best choice, but if you just buy without any speculation it will nothing. you will never get a big value

even though the price of bitcoin this year tends to fall does not mean that people who invest in bitcoin are stupid ... everyone has a different rating about bitcoin ... the name also invests it is natural that prices go up / down ... all need time and process

we can create positive sentiments, one of which is to encourage bitcoin owners to want to use the bitcoin they have to transact in every trade, because by starting a lot of bitcoin circulation in the market, it is expected that there will be lots of bitcoin demand, this can drive prices, and always socialize to all types of trades to want to use bitcoin as a payment tool, this if implemented it will probably have a huge effect later.

yes because indeed looking for the lowest point is not as easy as people say, maybe when you think the lowest bitcoin price is 4k USD, even though the next day drops to 3.7k USD, that means indeed "dip" here is very unpredictable when and how many the number
from millions of people in the world, there are only less than 10 people who are certain to get the price you mean by the "dip"

Warren Buffett advises investments that are priced fairly and have great business models backing them. So both he and I would recommend buying the dip.

yep i dont think  buy the deep is for losers i dont aggre with those statement
buy at the deep if good choices for short term trading if you using that TA for short
so is very recommend buy the dip and sell at high
TA : RSI

Maybe it's a bit harsh to call people who buy the dip "fools" - emotions make fools of us all.
But as far as it being a crap tactic - the pros agree, it's better to buy into a trend than to try to time the bottom.

Looks like we got a hater here who bought at a 19k usd price. That is so sad.

Anyway, you could always wait if you are that patient but I dont think you are since you are way taken by your madness now.

Could it be that you have already sold your bitcoin in exchange for a dusty altcoin just so you could come back.

I do buy the dip and I dont regret it every single penny I used for every satoshi I can accumulate.

You are just too much in a hurry for your ROI which will never happen even in 5 years.

You will probably be better off the crytpo industry.

This shows of how the crypto market is very risky right now because the prices become more difficult to predict that if you buy the dip but it dips even more. Unlike before, that holding and buying the dip are very powerful strategies but now in which the bearish market is still in effect then better to choose only the top coins and shift to long term investments.

there is a big difference between
buy the tipdip with all your eggs and hodl
vs
buy the dip once the correction has had time to fully dip. use multiple baskets and take multiple small % quick repeats and keep doing it over and over

anyone who sees a sudden 4x rise and then buys in at that top 10% using all their funds. maybe shouldnt be trading.

but that said. hardly anyone actually was a 'buy and hold' at 2017's tip
never buy high. never sell low
dont buy the tipdip. (the initial dip from the tip)

its far better to make 1% a day (365% a year)
than to hodl for a year hoping for 3.65x spikes

nobody is forcing you or anybody else to buy bitcoin or anything else that you don't want to or think is not in a dip. it is always going to be your money and the decisions you make about it will only affect you and you alone.
if you invest it wisely then you become richer and if you act stupidly and based on FUD that is online then you will miss out or worse lose money because of it.

It is a good strategy I think, but what is the dip, 3k or 2k?

No one ever knows what is the bottom, that's why you never go all in, in single dip. You do dollar cost averaging.

How could you say that it is a losers strategies if they could gain profit from it,
And also we couldn't really say if it is the bottom of the dip so we couldn't say if it is the right time to buy the dip.

The best thing that you can do right now is to buy the dip, i do not think that the prices will still be the same for a long time, maybe we will see another decrease, maybe to $3,500 or so.
But, think that there is always going to be a light at the end of the tunel.

For me, there is going to be another bullrun during the next year, it will happen sooner or later, it is just matter of time after all.

The ones who have bought bitcoin at 19K are at a very high loss and i think most of them have already sold at loss. People who bought at such high prices were those who had no knowledge of bitcoin and trading and they just invested because of FOMO.

People who buy at $4k today will also get screwed, because "This time is different", where in the hell is the new stupid money going to come from to re-inflate the bitcoin ponzi?

Remember it wasn't that long ago that BTC was at a support level of $400 USD.

It's still the same old story, if you mined it and got it for free, then HODL or SELL,
If you bought it, then you are a sucker.

The strategy to buy bitcoin when the price is cheap and then sell when expensive is the best provided that the price immediately rises for the future because it is very risky if there is an error predicting when you want to invest

The trick to buying the dip is to look out for the dead cat bounce. This is likely to be the first pump after a major fall, it takes a series of mini pumps before a full recovery takes place

The problem with buying the dip is in 2018 it has just been dipping further and further. I tried to average my price down for a coin but it has not really worked much for me either way. I now am surviving just from an arbitrage robot and it is very hard now with very little capital to get ahead, especially as I am no longer earning any income form any other sources. Bounties hardly pay out nowadays, even though I still do them, trading is extremely volatile and it is hard to survive in this climate, especially for us losers.

If you are a real trader then I think you understand what "buy the dip" means because you trading in the volatilities of bitcoin to earn some profits. But if you are one of the investors who bought at the height of its price last december 2017 then this present situation might no longer good for your investments because the price continues to go down. No one knows when will bitcoin go up like last year again so if you still believe in bitcoin then continue to hodl.

Bitcoin general bounces well and this year has being a little choppy when concerned about it. Else till last year people who have made huge money is through this format only. Even all the big players say that when other are selling you should be buying and vice versa to make money.

Trading volatilities in bear market is dangerous, as most here only know bull-market BTFD

The problem with BTC is that its like a stock that has been de-listed and its founders have been arrested, there is no point to BTD when there is no future in sight, no floor in sight, or no buyout in sight;

In these kinds of markets most people just move on and return when there is some mean-reversion; BTC has a lot more DOWN, and little HOPE of up.

There is no point in arb-trading, or volatility trading when there is no norm to gauge your bands, BTC is down some 90% and its continuing to go down, as all cypto has no new money flowing in,

We just came out of parabolic-rise, they always end in collapse, most of these rises take 20-30 years for people to come back in, and bring the asset to its last top;

People are being way to impatient here, it could take years before BTC even finds its new floor.

Buying dip isn't a losers strategy they are only taking the risk in order to gain profit,
Besides it is how they want to play it we all have our own way on how we would earn in crypto currency.

Bitcoin is not strictly a bubble because everyone was told from the beginning that its survivability depends on the demand for it. This demand being hype and people believing in it. It's much like divine power in D&D, the more people believe in a god, the more this god has over the lives of his or her believers.

Yes! Truly is a wrong advice for everyone to do in a bear trend since you'll never know when will it come back.

You surely are not too bright. I have warned against this ever since the peak - and all warning have been correct. Only fools such as you ignore it and choose to live in a delusional bubble not willing to admit you have lost your money

buy the dip is profitable from a investor's viewpoint, especially, when such an investor has huge idle cash, and he/she is in deep into investing. but for others, buy the dip is suicidal especially for the  traders and those people who bet like hell on the investment.

I do not think that this money has already been lost since Bitcoin has always returned and I see no reason not to do it again.

At times buying the dip works perfectly well if you are not greedy. The cryptocurrency market has a pattern of behavior which is once a new low is made there will be correction which will make the price go up. If you are not greedy you sell off at the emergence of the new trending price and leave the market for it to make another low before you enter again to take another small change.                       

Using the words like fool shows you are among those frustrated bitcoin buyers who bought at the peak of it in December 2017. However, I agree with you buying the dip is not helping as bitcoin is making new lows but I must tell you this the rule of investing buy low sell high and if you find this statement foolish then something is wrong in your investment style. I am not advocating to buy bitcoin here but I do believe this downtrend cycle will end and there will be uptrend for sure it may take some time though.

Name: freightjoe
Posts: 717
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Date Registered: August 05, 2017, 11:19:19 AM
Last Active: Today at 03:02:52 PM

Wow, here's your first post:


and you stayed here in the forum for a year to spread your poison:



if you do not like bitcoin and think it's scam, then what the hell are you doing here in the forum? why are you wasting your time with people you think are stupid? take a vacation, go travel and forget this forum because you can end up having a fit of nerves, let people like me who like bitcoin stay here in the forum discussing about bitcoin

What are you complaining about - I was right wasn't I ?

It was correct it was a bubble that ended badly

It has been correct all through the year that "buy the dip" only guarantees more losses

Why do you call something that is factually correct for "poison"?

Seems you can't handle reality.....

Yes. It not a bad solution for all losers. We know the BUY option is one of the most famous and very interesting methods in here. Personally, I have buy tokens and I have gained massive profits from it. At this time is perfect to buy tokens because the all tokens price are very low. Especially this time is very helpful to losers because they can buy more altcoins at this dip and sell it after recovering the market.

It is still a matter of timing and luck, when an investor buy bitcoin in a dip mode it does not mean that he is a loser but it is a good buy for a good position and waiting for a good opportunity for a bitcoin to bull run. Buying in a dip requires patience for a good gain.

I am one of those who still believe that the situation with btc is temporary and it will become much more widespread with time. Time is needed and soon everything will change

Buying the dip is only a strategy for losers when it doesn't work, and it's a strategy with winners when it works. The price can go up, or it can go down.

When it comes down to the price increases and decreases, both sides have their own fighting going on about why they think this is temporary, and the other side thinks that this is just the beginning of the end. Obviously, the bulls are going to point to the fact that the price has gone through this sort of thing multiple times before -- and the price HAS been able to blow past the previous ATH.

Though, the bears are going to point to the fact that this time is different and Bitcoin is practically a household name at this point. Everyone who could have invested in it (or lets just use the real term, speculated) have already gotten in and lost money.

Who knows what way it's going to go.

all of that back to you want to believe to buy at dip, because this bitcoin is volatile, indeed if you buy at dip maybe a few moments later there could be a lower price, all that can happen. for me bitcoin is a long-term investment so you only need to buy bitcoin and leave it for several years

I don't think i agree with you on this. why should you think buying when the market is down is a strategy of a loser. Bitcoin investment is all about taking advantage of the market when there is a dip in the market to allow you make some amount of profit.

I think you are wrong here, because I believed buying and hold at the dip is a thing that has proven as a big advantage to many investors So I don't see it as a strategy for losers besides investment is for high risk takes. Secondly I think you should go and check on Bitcoin price because the idea of saying that bitcoin is always going down and never get balanced again is totally unacceptable by me.

i think your idea is wrong .only weak hand will lose bcz strong hand buy and hold for long term .they doesnt care about price dump and sometime accumulating is good idea too.

I think it's just words that are made by people who want to make profits, when he gets a profit on certain coins, he will say "calm down, buy when the price of dip and you will be rich".

That is one of the hardest when we are planning to buy bitcoin,  if the price goes down; we do not know if the dip will dip more or it will now bump. Speculations of bitcoin is not easy as they think.

"Buy the dip" sounds like a good strategy in theory. The problem is that nobody knows when is the lowest dip  :)

The best strategy is to put yourself a dip price target and if you are below it you might consider you buy the dip. What's extremely important is to always follow the market's trend, as it changes very often.

so, if you made the mistake of buying Bitcoin when it was at $1000, and then it crashed to $100... you then bought more while it was at $100-$500.... and hodled....
ya, what a loser

I don't see anything wrong on the strategy of buying bitcoins or investing when the price goes dip because bitcoin is very volatile and its nature is to pump and fall.The price would never goes just like the price today when it is stable that anyone did benefit as its price is below $1 or lower than that.

As much as you can afford, you really have to accumulate more of coins volume. You never know where will Tgis investment will bring you, the only sure thing is that Crypto is the future and its going to be bright. Don't miss tge opportunity to gain more of coins, just be aure that after buying you holding it in a secure wallet. Wallet like armony, electrum and HODLER would be the best storage of your holdings. Hodler fits your need for multiple kind of asset to be stored all in one opensource software.

Buy a Dip is only a way to recovered the lost money so we have to understand the situation there are time that we accept the reality. volatile movement of price is really not sure how we can earn a stable income but because of our effort and focus someday we achieve of our goal.

Bitcoin price is never stable rather volatile. There has been a war on cryptocurrency by the government of the world who are bent on making sure that the cryptocurrency dies. The attack since the beginning of the year has been responsible for the crash in the market price of bitcoin throughout the year. It is true that there is another dip in waiting once a new dip is made. But there is always a price correction which will push the market up.

People are missing something about bitcoin and other popular coins out there,they will always rise and fall ,this way is the only way to keep things balanced ,so if bitcoin hits 1000$ again I won't be surprised and a year or two later it hits 40,000$ I won't be surprised either ,buying the dip is not bad as you said ,infact its always better to buy the dip to get more sat

I dont care if they call me a fool or retard for investing in crypto currencies. If you truly believe that bitcoin or crypto's will fail well that's fine but for us believers we dont just put faith in something that we have no evidence or analysis that it will pump. For example the nasdaq and fidelity companies are joining in bitcoin next year so bettee be ready who might fools today cause they may become millionaires tomorrow.

Sounds like you are a pessimistic about Bitcoin returning to it's highest price and disregarding all the experts are predicting, it's still every man for himself, because the price that we expected to see at the end of this year is not happening and even going down, this is reason why people are on a wait and see attitude.

my opinion  is if expect  bitcoin always  going  to up then it's  your mistake . up & down is a part of system  of crypto market. so I called  that  this moment  is cheap but not to need frustrated . this time to buy some bitcoin & after  1 year latter  it will be became  big one.
thanks

This is something the OP has to pay close attention to,this network to me is always about the long term benefit,looking for short term return on investment doesn't always come out well
And who says new individuals are not getting to know and invest about the bitcoin,its popularity keeps spreading everyday,the more reason why it's totally rational to purchase in a dip,and hodl,not for a short time,but till when the price rises

every year some newbie starts a topic like this and surely in a couple of months they all start crying about how they have lost the chance to buy bitcoin when it was cheap and regret listening to the FUD of some other bigger idiots like themselves.

I am quoting your post, and bookmarking it. See you in 2 to 3 years when Bitcoin is comfortably over the ATH of 2017 by a wide margin, ok? 8)

"Buy the dip" is something that will make the "fools" rich.


Not every year, but in every stage when the market has arrived in the phase of capitulation.

Buy the dip!

Isn't that the beauty of this market? Smart investors buy right now, while the mass is panicking, and the mass will then buy up the market to crazy high levels by going full fomo when it's almost too late.

Seriously, the only reason the price broke through the $10,000 mark comfortably to hit last year's all time high, was because of the mass going full fomo. They didn't want to be the loser they have been far below $10,000.

To some degree I do feel bad for people, because no one deserves what's happening right now, but this isn't the kindergarten. Crypto's market is probably the most brutal market of the last decades.

Right.We only need more patience this time while waiting for the price to rise up again because if we chose to panic sell and then quit,you will surely lose a fortune i guess.I usually buy the dips depending on the budget i have,but i also make sure that my investment will not just fall on a single basket.I have learned to diversify them.

not a problem buying when dip, but only for the short term, do not hold too long and sell when the opportunity has come,
but when buying you also have to look at the chart first, whether the candle shows the price to go back up, even though it is small

Yeah I feel you op. Watch later your thread will be deleted for some reasons that you are destroying the scam image of bitcoin. We are all upset and tired of waiting that something that bitcoin might had going to happen. People speculating too much and the result was clearly the opposite of the speculation. Now many are stuck.

The dip will only continue more and more so it is not always good to buy the dip unless you scale the dips and purchases over time. Many people have purchased in the dips already and now they are stuck and have no more income left to purchase with and even though we are going to go lower and lower, it does not always serve the purpose to purchase in the dips, especially when ti is in a falling knife mode. Now bitcoin is going down day by day and we will one day see under 100 billion market cap for the whole of the crypto soon.

Yes, that's right. Many people even when the bull is obviously making waves, they are still making profit because they are real traders and know how to deal the prices when it goes down. That's why "buy the dip" is not for the unbelievers, and newbies because they don't know how to get advantage of the situation may it be in bull or in bear market.

it is the most appropriate strategy for us. we will get a bitcoin at the lowest price level and we wait until the price rises again at the highest level. everyone must do something like that. we must be smart and intelligent in making decisions and must choose the moment to sell and buy.

You dont need to buy the BTC at every dip.
You need to make sure that you are near the floor before buying.
IT is not a strategy for a loser but for smart people.
Those loser are buying the coins at top thinking that it will continue to grow and not thinking about the ceiling and might drop again.
Beginners think like what you said. sorry!

your statement is only true from a viewpoint of a trader, or from a viewpoint of newbie investors - hardcore investors think differently.

Lol. Problem is we don't know until when this dip will be. I previously thought that we can't go lower than 5k so i bought at 5.5k. It's a sound strategy and definitely not for losers but for people who believe in what they're placing their money on. You just have to be a little smarter in determining positions.

Some of trading cases may fit with those strategy but remember this is cryptocurrency , as we all know that bitcoin value always change unexpectedly so that's why the trading is riskier than ordinary stock exchange.

Personally, I think that the right moment to purchase bitcoin is on the end of the year 2018 and afterward there will be a momentum on 2019 that I believe , uptrending will happen !

~We Gain People's Trust Again

" there are no more new fools to get into Bitcoin to ever pump it again."
i agree and disagree with you. first i agree that there will no fools to bitcoin again because most of the people who lost in the last year pump will be more knowledgable in the cryptoworld now and i dont think that will not lead to pump the market. the market will be flooded by people who are smart enough to buy this dip.

Its "buy the dip" not 'catching the falling knife' try to understand difference between both these quotes, if you try to catch the falling knife you will definitely get hurt, rest about holding Bitcoin, believe me even 2% of total population in the world is really aware about bitcoin, I doubt, so it is irrelevant to say that there is no one to hold or buy it further. market crash is very normal, just accept it and wait for the right opportunity.

Yup someone who had bought BTC while the price is $19K should probably realize that long time ago. If I have the money today I would have to wait for another 6 months to a year before trying to invest again. It doesn't matter whether the price goes up or down from now on, what I think one should find out is whether everything clam down already. You you need not to buy the dip.

No, it is  not a strategy for losers. It can help you make use of the falls and thus make personal gain in terms of ROI.

Realize what ? That they are too dumb to bought btc while it is on pump ? Also ,   You dont need to wait for everything to calm down before you decide to buy because that wont happen . you know mate , cryptos are volatile and they will work this way which means they wont calm down forever .

Buying the dip isnt also for dumbs but it is for wise and smart people because we do save alot of money as when compared to buying when the value is high .  

Actually in this market you can not know what will happen, I also have hope that everything will recover soon, but I would not advise anyone to buy at this time, as things do not look very good for bitcon, perhaps the wisest thing would be to wait a few months to see how the market recovers.

No strategy is bad if it works!
If someone "is buying the dip" a moment after the bubble burst, he is stupid or does not know what he is doing - so is stupid.  ;)
The trading strategy should be choosen to the market phase. If someone does not know how to use them, and does so, then we can call him a fool.
In many market phases "buying the dip" can be very good choice.

Most people are poor investors in anything from stocks to education, to family and friend selection.  Fact is bitcoin has been dipping off and on for a decade only to suddenly make new impressive highs.

Simply look at a graph at bitcoin prices over the last ten years and be a judge for yourself.

Don't "buy the dip" and stay poor.  There remain plenty of jobs at McDonalds and similar low paying places where you can settle comfortably drinking beer in front of your television at night.

wait a while the market hasn't shown a recovery, who knows the price is still moving down so that it can get bitcoin cheaply. anyone can not provide certainty about the price of bitcoin going up or down in the future so you have to think seriously about the steps that will be taken.

I myself did not expect the movement of bitcoin as fast as this, and the price of bitcoin today is far below my previous prediction, but this is not a rare thing because it is common in the world of bitcoin to move up and down dramatically.

The price of the bitcoin can changing that is true but we just can't know where to stop. It can be $1 just like 9 years ago or reach $20k just 1 year ago.. Buying from deep is not the strategy for the looser i think this is better buying then the expensive price. The main thing is decide. If you invest you have to stand to your decision behind. Otherwise you would be looser.

"buy the dip" still attracts someone or several groups of people to buy cheaper than it should be when indeed the price is cheap, they will wait even cheaper and continuously like that, so indirectly making a dump price, when the price is a dump, it will be very difficult to recover then they tried FOMO in various ways

The fact that it's a decade old already and global scale really does change the proposition though. The upside potential simply isn't the same as it once was just due to the fact that the global economy itself isn't unlimited.

you right but then when all those who had no concrete understanding about bitcoin sell off their bitcoins because of panic, prices will begin to normalize and come back up. we just have to wait and be patient

I agree. The idea of buying in dip is not for fool people because fool do not get in the market, they are people who wants to gain from lose. They want to buy rather than selling which can help for the price to grow because they will hold for that. Buying in dip is an opportunity to them to get huge volume and sell it when it worth good. That decision won't be done by a fool but a person who is making strategy on how to earn bitcoin.

Why you guys keep saying "personally i think it's a dip". Technically speaking since February it's a bear trend and there is not a single reason to see it differently. It will only change when new hype cycle will start like last ICO one but it must be a reason not just some minor news about eft delay etc.

And what happens? Everyone who has invested their money in Bitcoin can obviously do what they want, but if someone has bought a lot, I do not think it's wrong, when bitcoin is so famous and will go back up again. Like last year. You can remove it, or wait.

I will say it's a good strategy but not at this period of serial crashes and recurrent dips in the market. During the times when market was stable,  this would have been a good strategy but not now because we don't when the dip will stop,  so it's dangerous to buy now for more dip might come which will cause more loses. 

Buy in when it's dead. Everyone seem to claim it's dead. That's when ur hard earn money is a 100% gamble. The dip goes even lower so that's only 70% Gamble. Sure dollar cost average. But remember to claim Bitcoin dead and that's when u can buy in. One news media article will pump it up . Wait till it's dead again.

But I still don't understand why you think this price drop will be the last. I don't see any prerequisites for that. If we take into account the previous schedule of bitcoin development, I think that it will still grow after this fall in prices. ppetomu people being I too have bought a few coins at the current low price. And I don't think I did the wrong thing.

buying something in a similar bear market is really what i think is a failure. wait for more favorable days

 Fresh investors can enter the market with their 1/5th investment at this movement as in my opinion gradual investment will help in averaging if the market slides further and the loosers can also follow the same strategy.

Are you telling facts or are you telling pure imaginations and theories why the price or the value of Bitcoin is going down? ??? I think those people are not fools and they are using their own hard earned money and not yours by the way. Everyone has started with zero understanding and no one is born with 100% understanding in any kinds of knowledge and wisdom, some people will learn from mistakes that they made and will not and continue the mistakes they made as long that they feel the adrenaline rush in it. It does not matter if there are too many people that have too few knowledge on this industry because they will soon learn a lot as time passes.
The bearish market is not bad at all because there are a lot of professional traders who gain a lot of profit from this kind of opportunity.

Buy the dip is the only solution but you still have another option which you don't have to buy more bitcoin and only stay and see the market. But if you want to join with other people to get lower bitcoin then buying more bitcoin is your way. But you need to think twice before you decide to buy because the bitcoin price can go lower than you think and you need to ready if somehow, bitcoin price is dropping more. In this situation, no one knows what will happen with the price, and we could only prepare ourselves for the worst.

Thinking that the current bear market will last and further lead to the destruction of Bitcoin is only a sign of inadequate knowledge in crypto and how the market works. Perhaps, revisiting the history of Bitcoin and crypto will enlighten your understanding on how the market has lost the trust of investors in the past (another bear market) yet regained it and made a bull run. Bear markets and bull markets are never permanent, they alternate irrespective of how long one may stay.

It would be better if you don't dare to take this big risk, then you can wait a few more days, until conditions improve, only brave people take this small opportunity, prices will change very quickly so you have to be able to make decisions quickly , and remember not to be greedy when market conditions like this

I think we all have to understand that this is an investment and is a free market that does have a big risk, but also allows us to get big profits. This is an investment where price movements always occur that can make us happy, but also can make us unhappy. Everyone has a choice of what they believe in this investment, and I have confidence that prices will rise again and the market will return to excitement. Those who want to be patient and remain confident in what they are investing in and have strong principles, who will eventually win and make a profit through this investment

So what do you imply by the tag 'fools' ? To my best of knowledge the every one has his rightful choice to the time to enter a trade or pull out. It's just pathetic that not everyone can realise it that every dip has an effect,  when to pull in OR out..  Let's hope the bull come back

If the price of the bitcoin continue to dive then it is not good to buy at the dip, just wait for the right time before you start buying. Low prices give investors an opportunity to buy coins at affordable prices before it start pumping again. Many investors had already proven this kind of method in the past not only in the cryptocurrency market but also in other speculative markets like stock exchange and forex. 

With the current price trend it is advisable wait, watch observe then buy when your mind tells you to buy but to me buying at the dip is the best time to buy.

But I think that such a strong drop in the price of bitcoin was caused artificially so that the price fell and large whales could enter the cryptocurrency market at a low price. So I do not believe that this symbolizes the end of bitcoin, I think this is just the beginning.

Perhaps your words have some truth, but practice shows that the price is always restored and those who managed to buy bitcoin at a low price, then turned out to be in the black and get their deserved profit. So I will believe in the best and buy coins at an affordable price.

Actually every week there is a new dip, so I can assure that it is not a very reliable strategy, I do not follow a lot of advices here, but yes, I buy btc when I'm satisfied with the price, of course it usually goes down more, but I know that the bull run is close and at any time will go up again.

No one, absolutely no one knows how the price will develop further. Of course, we believe only in a positive outcome and that the price will grow, but no one can say for sure, and therefore to buy coins at such a low price is a risk, I agree with you. But without the risk of not getting a decent profit, it is a fact.

There are absolutely different opinions on this account. Someone, like you, believes that buying coins when bitcoin, so much falls is recklessness and stupidity, and someone believes that this is a real chance to earn and make a profit in the future on the growth of bitcoin. I think that we are waiting for the second scenario, so I am not afraid to buy cheap bitcoins now.

although it's a strategy for losers, but if it brings profits it doesn't matter. Good investors do not prioritize strategies for anyone, as long as they give profit use the strategy. I also if trading uses a different strategy, which is important profit.

Can't take the chances that most of us aren't have enough knowledge in crypto. Many people were investing Bitcoin just to think of easy money and a continuous increase of its value but they don't think what if the market value will sudden drop just like now. Of course, they are absolutely losing their money, and it might be enough to give them realization on crypto and how risk it is.

But it has to really go up for it to be considered a strategy that will give you profits instead of losses, hence he calls it losers. Plus all those 'believers' always say this like they are some kind of god in predicting the current bitcoin and altcoins prices, even when they clearly don't know what's up.

As long as you can make profit buying from dip, it's ok IMO. Why is it for loser if you can make money from that?

Well personally I won't advice buying the deep but to wait for more favourable days but most importantly don't be in a rush to make hasty  decisions

Every investor understands the risk factor involved in the business of his or her choice, there exist no business that doesn't possess any risk and note "it is risky not to take risk" so for bitcoin it's not exemption, buying the dip is for sure a stretegic move in crypto currency because prices will always bounce back it's just a question of time and patience.

How can the dip be a new lower level for bitcoin if the coin was from less than a dollar?
dip is just an ordinary thing in the crypto market even in stock exchange,
all we need is to calm down and make sure everything will be okay with our own strategy,.

I wouldn't be so rude as to call them loser, they are simply broad strategies that serve everyone, in any event, if you don't know more, the best thing to do is hodl, that's better than losing your money in bad investments or bad trading, that's why people recommend so much that, because if you have faith in cryptos sooner or later you will win something.

I was the one who have been hooked on "buy the dip" thing. Well, I bought bitcoin by 10k$ and since that time it never came back or gone higher.

Prices fall and then rise again. It's cyclical and always has been, always will be. This is not the first time bitcoin has dropped so low that no one expected it. But after this he was able to grow again and rise to a record level of its value. Now bitcoin has fallen in price again and it will definitely rise, it's just a matter of time.

This strategy is used by many people. And in most cases it is very successful. Therefore, you can not call such people losers. Especially as for bitcoin, it is a good investment and people are right to buy it.

Buy the dip is not the strategy of losers. It is a strategy of those who take every opportunity to earn. Bitcoin has been existing and catering to the public for at least a decade. That means it has already weathered so many dips in that 10 long years of existence. And not only dips, it has also weathered deaths. But then it has also successfully broken its All Time High records one after another. And right now, we are again confronted with the same problem that existed even at the get-go. So, do not be too emotional. Do not be like a child whining every time there is a dip. It is an opportunity for a bigger take in the next days and weeks.

This buy the dip strategy is hard specially for the new ones since they will have a hard time determining if its the dip or not. Its better to say buy low and sell high, you buy when the price is low then sell when it reached your target. But in this bear market, I will not set a high target like 10% or even higher. You might fall in a trap and cant recover anymore.

I will never stop buying the dip as it is one of the best strategy before the rise or moon of crypto.
Many people telling those buyer of dip are wrong or loser. but look whose talking?
They are the people who buy tokens or coins at the middle of bull run which they can't get the maximum profit.
And mostly, they are the one who left behind holding the crypto while the market are already down.

Right.Many have been confused about buying in dips especially for newbies.It's more easy to have buy low and sell high strategy as many of us here are really doing this.I think this strategy can be very helpful to avoid more losses with the current down market and be able to gain profits in the future once the price has reached new peaks.This strategy will only be hard to do if you don't have a capital onhand.

i know that since bitcoin came out in 2010, buy the dip is just a lie to attract new capital into the market, to achieve the stability of being a selffulfilling lie

You know why others saying that buy when the value is low or dump because they or we experience  before on that happening so that is why we keep patient and positive. We know soon it will rise again and this is not the first time that happen bitcoin is always dumping but if you have patient you will earn. Buy when the value is low and keep patient.

You really can't say it's as a result of less FOMO people that bitcoin has been down for a while. Buy the dip partially benefits holders because how much flat do you always have to buy the dip all of the time?  The strategy benefits the whales and day traders

That's just what happens when the bubble bursts. I had the wrong impression and lost value but I'm still holding, I think this is not the end for BTC.

yes, I agree with you. it's better now to monitor price movements and buying when prices go down and sell when prices rise, thus earning a profit. I hope you buy according to your ability so that when the price drops you don't lose all your money.

I partially agree with you IF Bitcoin stays down... which it could. It also might rise up again, perhaps more slowly if there is more adoption. However, "buying the dip" in of itself (not related to BTC) is often a valid strategy with experienced traders in other markets. Hasn't seemed to work out so well in the Bitcoin market yet.

Have a great day!
The Cyberius team.

I think there are so many strategy for the losers. But buying on dip is really the best one, buying on dip is just like getting a new opportunity to earn in the near future. Because I believe that the crypto coin price or maybe the crypto market will not going down forever. Time comes that it will bounce back and we can really gain on it if we trust and buy more of it on this dip.

You are so wrong ,remember that when buying coins quantity matters ,if bitcoin is at 3000$  and I'm able to get my hands on 1000 pieces of ripples I will be thankful compare to if bitcoin is at 4000$ ,that's 1000$ difference ,I won't be able to get 1000 pieces of ripples ,buying dip is better and if it dips more I will still buy more ,think about those who bought bitcoin at 17,000$ ? The difference is clear

Nobody knows for sure where a buttom of a dip is, so if the price looks good enough for you and you feel that it can raise in the future and bring you a nice profit, just "buy the dip".

What you are telling is true but you have to see the market and when ever you see the market is going down more like 5% or 10% then it is good time to buy as it will surely bounce back at least 2 to 5% back up and this way you can trade and lower your purchase price. This is the only strategy working in buy the dip

I don’t agree, when shall we buy Bitcoin if we don’t buy the dip? I believe you know that in trading, we should buy low and sell high. Are you able to propose when will be a better time to buy Bitcoin?

5% to 10% is only small and cant be considered as a dip  . a real dip can drop for about 40 to 60 percent . that was the perfect time buy because you can surely save a lot of discounts and you are not also a loser after you do this  because a real user is someone that doesnt grabe this perfect oppurtunity  . other loser is the op of this thread because he is a bitcoin hater  .   i know that he will soon regret and  he will eat his words   .

You are actually right in your submission.
I joined crypto second quarter of 2018 and I can say the worst mistake I made was believing that buying the dip is a strategy for making good progress in the cryptocurrency space.
I lost my capital in that singular action.
I still regret that till now .
I bought the coin at $1 because I heard it's the dip.
After some time, I noticed that the price is $0.002.
It's so frustrating.

https://www.youtube.com/watch?v=0akBdQa55b4

Strategies matters to analyze the market whether in deep position or in high.
It is not about obtaining others opinion and emotion.
Buy when deep is good strategy but still risky because the question is it is the last deep before increase happen?
It is also depends on what coins.

It's true, buying the dip is not a good market profit making strategy these days.
Prior to 2018 , I believe buying the dip is one of the cryptocurrency investment golden rules until 2018 made a mess of that rule.
Now, no one is even sure if you are buying the dip or not, in fact, there is nothing like a dip again because each dip has a lower and more lower dip.

I think that not everyone understands about market, what it is. The market always goes in waves, after rapid growth, there is a decline. After a recession, growth will start sooner or later. And so on. THIS IS AN AXIOM! It cann't be otherwise. If you need specifics, then the best thing you can do now is buy Bitcoin (after breaking the whole amount in parts, buy for about two weeks, for example). You can also buy a portfolio of other currencies, it will not be superfluous. I repeat - Bitcoin will rise again in price, it is only a matter of time.

No need to be a problem about that, because basically everyone has a different comprehension and perception of what is happening and has happened, here in bitcoin we certainly cannot ascertain something that it will remain in lowness, we don't know yet and in fact everything cannot be ascertained until it says easily that it will continue to decline or other things that can be said that will continue to weaken, it's not necessarily, often in a life that we don't know yet.. it will happen and surprise.

rr
Seems like you’re an all time loser everytime you intend to buy bitcoin lol

Calling bitcoiners a fool means you hve not ever bought a single bitcoin?if does then you here just to make this Fud since then?

Common man grow up,this is the future currency stop fooling yourself

If you take a look at the market, you'll see that the highs and lows come in cycles. This way, buying the dip is the smartest thing you can do.

Buying the dip is the smartest move someone can do in these days and I don't understand why many think that BTC will never get back its right price because it is becoming successful day by day and anyone think otherwise should really learn from the beginning about BTC and its prices went down due to the uncertainty that people had regarding it and this is mainly because many news and media companies who only show negative things regarding bitcoin and that is the main reason why majority of investors and traders don't believe in there investments these days but I hope this situation will change in the future with with more bitcoin into business adaptation and increase of usability which might take some time but possible to happen that is why we can agree that this is just the beginning for bitcoin and its future progress

You might have such views regarding bitcoin based on your journey and experience with bitcoin but what I think buying the dip which is specially this period of time is the best things that can done by an investor or a trader because the income margin they can gain from a single investment is very high but some chose to leave the market instead of taking an advantage of the situation so bitcoin tends to fall but in the near future definitely they will understand what they have left because bitcoin is definitely progressing so any long term investor who purchase after the dip can make huge income if they have patience and confidence

Bitcoin was on free fall in 2018 and everybody accept that. Since bitcoin over-priced in the late of 2017, there was a big buble on prices and this caused a continous fall in 2018. It was a gradual fall and nobody was expecting this price which we have now. It doesn't say that buy the dip strategy is wrong and we can only say that this strategy has been abused very well by manipulators during 2018.

The dip is always the place to take advantage of and  invest, BTC is a currency of the future and now, beyond the number of investors on the increase, I forsee that in the near future when BTC will be use as a form of currency, this will definitely pump the price, when the number of use increase it will have a positive impact on the value.

no need to buy bitcoin in a bear market as most likely you will lose your money

You're certainly not a trader nor have interest with the market. There's always money around crypto even we are in the bear season,  only you have to strategies and find ways for that.  Buying high potential coins is a smart choice, keep it for awhile and you'll see it makes you profitable when market turns into bullish trend again.

For sure he is not a trader or even a cryptonians,what he is just a stupid buyer or spectator that on waits for the pumping season to gain profit and dont wanna risk their money into more beneficial ways,in short he knows nothing about the cryptocurrency movments and abiut the volatility of this currencies.

This is the perfect time of buying bitcoin because the bottoming is indeed,and you can’t have this chance when the prices starts to gain each potential again

I do not know why some members in the forum seem unable to grasp that concept, just because we are in a bear market it does not mean you cannot get profits, it is harder to do than in a bull market but it is possible, this is why one of my beliefs is that a true trader shows his ability during the bear markets and not during the bull markets, since in a bull market it seems that everyone is making money, even those with almost no knowledge about the market.

Entire thread is filled with some comments that have no logic. "Buy the dip" is the best moment for buying, you feel lucky when you buy and turns out to be bottom, but the one who always buy on the dip is the luckiest person in the universe, or manipulator. Learn the basics before you start doing something!!! It`s even very easy to find definitions about trading:

What is resistance and support in trading?
In market technical analysis, support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse. These levels are denoted by multiple touches of price without a breakthrough of the level.

A support or support level is a financial term that refers to the price level that historically a stock does not fall below. Buyers tend to purchase the stock at this level.

If price broke your support, buy support is what you do. You need to touch that bottom, maybe you will hit it sometimes, but many times you will buy and price will drop more, buy more.
Crypto is new ground for many people, price is doing the same thing for years, but guess what numbers are just getting bigger and bigger, make your own conclusion.

That's why some have to ask the real bottom instead of buying the dip because it will not getting any especially if the market is still in the bearish trend. But it is better to just buy something while it is still in dip rather than buy when it is almost at the peak, we never know how would the market move without us noticing it. Though it can be shown in the chart after that movement.

Of a truth I am not in support of this buying the dip phenomenon and I prefer trading base on technical and fundamentals issues.  Traders are lossing money because of buy the dip and when bitcoin goes down further they have to buy again and further increase their loses.  I strongly believe that that is the major reason why we are having a very bad trades and the reason why Many traders are always in red.
The best way to trade is to buy at the right time and sell at the right time by using the technical and fundamentals indicators.

So basically the OP had never heard of Bitcoin before 2017 and his entire argument is dependent on the current temporary bear market.


Buy the dip has always worked for Bitcoin. If you ain't buying the dip you're missing out on making a lot of money.

Seems like OP is not happy about this bearish market which makes him whine because he can't spend it yet instead of buying. The year 2017 was the time of bullish market and yet after a new year in 2018 the market went down back to where we are right now, it goes deeper and deeper until it meets the bottom.

Lol. I wonder when's the best time then? Follow the buy high sell low principle? Something that a lot of newbie traders have been heeding all throughout 2018 😛

We have different startegy and it's up to you and it's up to me what startegy did I follow when I think what is the best for my money. Startegy is not always  work depends on the situation. Strategy means giving you possible earn bur better to learn what is tsrategy is best for you and profitable.

Probably if that's the best strategy to buy during the dip, then why not grab the opportunity. Besides, if we do have a stagnant money which used by the banks and you've earning very low interest annually maybe it should be used for crypto investments buying promising coins while the dip was still there. Nothing wrong investing during bearish market as long you'll be able to hold it for longer terms, and don't listen to those bashings saying it's a loser strategy. Once you're going to be successful everyone of them will be shutting they're mouth off.

Yes, it is true but bitcoin gets low value not just only because of those whose selling their bitcoin when the price is in good value. It is also because of those scammers who make business to those big investors who believe to those scammers that their money will get double or will get triple. Yes, we buy in dips because we believe that it is really a good time to buy or to invest but we don't have any assurance that bitcoin value will get back again so that, you are saying that many people are fool, well, it is already their decisions and strategy to get profited when it comes in investing or buying bitcoins. I don't see that they are losers in that strategy or decision that they make. It is what they want so lets just respect them and make your own strategy.

I am not in fond of the "Buy the dip" strategy. I never do it because as you said you never know which is the 'Dip'. However, I believe that the price is going to pump again (i don't know if this is going to happen as the old standards and reach $20k but it will pump). There is a lot of amount of people that is still not involved in crypto and they don't know how the ecosystem works.

Your analysis only center on demand pull inflation without taking some other factors that was among the factors that led to increase in the market value of Bitcoin and crypto currency in general.

Cool so no pump from now on?

Then it means stable price as BTC inflation is ridiculously low.
So even if adoption was not growing (which is wrong, adoption is increasing right now) price should still move up.

Well I'm glad to buy the dip. But do as you want.

just don't come crying once we're at 100k  8)

Not totally. Any moment, the sentiment can change with just a couple of good news. That's what those folks who buy the dips are waiting for. Their mindset is that every new levels of low is an opportunity to hoard more and then wait for that right moment where everything is reversed.

That's what beginners thought about bitcoin. I was once a noob and that was what I believe before. Not until I discover technical analysis. And yeah you were right, if it hit the lowest price it just means that it is possible that it will have another dip. And we can not blame newbies in cryptocurrency. We all experienced being noob before and i must say that it is a part of growing up in crypto world.

Sounds like a better plan for me though than follow fomo. Even if you do TA, it'll always end up better when you when the price drops. Even if it does drop some more. They key is to have an exit plan as well that's well above the amount you bought in. It might sound cliche but i don't think it's a bad idea to get in the market during low value times.

Buying the dip is a smart move but you should never go all in on any price level.  Always keep some cash available and level in your buys in case it drops lower.

Buy the dip can be a good strategy for bitcoin when price goes low and low and for other top coins, as someone say on their video buy on red sell on green and this can be a win strategy and people can make profit for top coins.

Stop bumping this asshole’s threads. He’s a troll & loves to ridicule bitcoin. This thread needs to be nuked.