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Author Topic: another day, another dip, another buy the dip  (Read 1642 times)
Flomo
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September 09, 2017, 03:24:16 PM
 #21

it is true that the panic has occurred due to the Chinese government policy. but if you believe bitcoin will get strong again then it's time to buy bitcoin or altcoin which is currently weakening.
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September 09, 2017, 03:25:28 PM
 #22

Haven't had that much cash since it happened twice, with only 2 days interval. :/ Kinda kicking myself since I missed another golden opportunity on buying some coins. The rumors about China really hits the markets hard, and if these are just made-up by a certain group, they sure made it a good one that caused a good shakeout of weak hands. It's happening more often that I'm not even surprised if there would be a new rumor within the next 3 days.
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September 09, 2017, 03:37:21 PM
 #23

It is a great opportunity to buy when the price in dips.
But I think it happened too fast, there's not enough time to prepare our money, lol.
Another day, another dip, without money Roll Eyes
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September 09, 2017, 03:37:31 PM
 #24

i am back again with another buy the dip Smiley
this time i am a little late myself.

as the news about China heats up the panic of the weak hands is also heating up. if we see another news from China and another dip it would be a great chance ot start buying some coins in case you msised out or in case you want a bigger profit from these weak hands.

in any case brace yourself and get the cash ready to buy at the bottoms of the dips. and enjoy  Kiss
i believe there will be more dip before november, maybe from china again or from november for issue, i have prepare my self to that and get my money ready. get ready guys Grin
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September 09, 2017, 03:53:09 PM
 #25

i am back again with another buy the dip Smiley
this time i am a little late myself.

as the news about China heats up the panic of the weak hands is also heating up. if we see another news from China and another dip it would be a great chance ot start buying some coins in case you msised out or in case you want a bigger profit from these weak hands.

in any case brace yourself and get the cash ready to buy at the bottoms of the dips. and enjoy  Kiss

The dips haven't really been pronounced when looking at BTC values, actually, since it's really Bitcoin's price that's moving alt prices (being tied to BTC value). Without fresh capital to get into buying mode, the only real way to take advantage of these dips are to trade in Tether. So I've been mainly a bystander over the last few months (or since July anyway), or trying to request payments for my work during the dips (doesn't really work though).

Now considering if I should invest in Tether simply for this purpose. Stayed away from that option for too long, perhaps?

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alamin99
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September 09, 2017, 03:56:19 PM
 #26

Any opinion about NEO? Will it fall more? What do you think?
The Sceptical Chymist
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September 09, 2017, 03:58:13 PM
 #27

i am back again with another buy the dip Smiley
this time i am a little late myself.

as the news about China heats up the panic of the weak hands is also heating up. if we see another news from China and another dip it would be a great chance ot start buying some coins in case you msised out or in case you want a bigger profit from these weak hands.

in any case brace yourself and get the cash ready to buy at the bottoms of the dips. and enjoy  Kiss

They're not cheap enough yet in my opinion. I think there will be more and bigger dips coming so there should be more opportunities to buy lower. I would look for a price of $3000 to buy but you never know if it will drop that low again. I think a correction will happen and the newbies will start jumping out and the price will consolidate at some lower point. But that point will be a solid bottom as the weakest investors are out of the picture.
I still can't figure out whether this China news is as fake as the DVDs and silver coins they pump out onto the world market, or if it would even be news anyway.  Seems like it did affect the price, though. 

I don't think this is cheap enough, either.  But we'll see.  There's nothing in this market that's predictable--ever.  Glad I bought some junk silver.  I don't regret that.

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robelneo
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September 09, 2017, 04:01:01 PM
 #28

i am back again with another buy the dip Smiley
this time i am a little late myself.

as the news about China heats up the panic of the weak hands is also heating up. if we see another news from China and another dip it would be a great chance ot start buying some coins in case you msised out or in case you want a bigger profit from these weak hands.

in any case brace yourself and get the cash ready to buy at the bottoms of the dips. and enjoy  Kiss

If you know Bitcoin history and a strong believer of Bitcoin, you can make a lot of profit over and over again with this fake and false news because in the end Bitcoin price is heading to the moon as history tells us so many times.

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September 09, 2017, 04:05:52 PM
 #29

People need to take advantage of this price dips and buy bitcoins while the price is still low. I think it is just China's tactic to buy cheap then sell high so that they can get profit as soon as the price goes up again which will be surely inevitable.

As I can see , bitcoin current value quite stable ( 5%-10% change for this week ) people may have advantage to make profit especially active trader
People still stand still and not panic so the value didn't decrease significantly
SvenBomvolen
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September 09, 2017, 04:13:41 PM
 #30

i am back again with another buy the dip Smiley
this time i am a little late myself.

as the news about China heats up the panic of the weak hands is also heating up. if we see another news from China and another dip it would be a great chance ot start buying some coins in case you msised out or in case you want a bigger profit from these weak hands.

in any case brace yourself and get the cash ready to buy at the bottoms of the dips. and enjoy  Kiss
Yes, bitcoin keep falling and move with itself other currencies. For somebody it is going to be a really good opportunity to buy bitcoin or some other altcoin. But I am not that kind of trader who are buing little amounts of bitcoin at such prices. I prefer all ( at least 0.1 BTC) or nothing. I chose the strategy of conservation, I am just put on the side some percent of my weekly earnings. I have saved not so bad money already and I am going to continue till bitcoin will not hit 10K$ point, then I will sell the minimum as 50% of this savings and other will stay just to see what will happen  Grin
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September 09, 2017, 04:26:19 PM
 #31

i am back again with another buy the dip Smiley
this time i am a little late myself.

as the news about China heats up the panic of the weak hands is also heating up. if we see another news from China and another dip it would be a great chance ot start buying some coins in case you msised out or in case you want a bigger profit from these weak hands.

in any case brace yourself and get the cash ready to buy at the bottoms of the dips. and enjoy  Kiss
There is always a dip before the value surges once again, i remember the last great dip one weekend which drove the value way below the $3000 and most people panicked and sold, i bet they really regretted it when the value recovered on Monday, The price is never high to buy when it comes to bitcoins.
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September 09, 2017, 04:27:18 PM
 #32

Yes it is the right time to buys some bitcoin I am also thinking to buy but not having enough fund even I am having idea to buy some other altcoin using bitcoin saving.
i think we mostly expect such ups and down from bitcoin price i am hopeful that bitcoin price will again get acceleration and the good option is to  buy bitcoin in the present price because it is the best time to buy bitcoin as bitcoin price is not going to stay here for a long time but will start increasing very soon. therefore i think we need to get good position before bitcoin start increasing.
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September 09, 2017, 04:37:20 PM
 #33

it is good to be cautious now. it is the weekend and we may see the news by the end of it for another FUD wave and panic sells in order to test the resistances once more and then try for the rise once again. it will be a pretty interesting month ahead of us though.

Any opinion about NEO? Will it fall more? What do you think?

why is it that so many people are talking about NEO these days?
I have to admit this coin has been pretty interesting with more interesting swings. I dare say they are wild swings. I rode 2 of them recently for a nice amount of profit.

for its future I think for now the wild swings are going to continue until people become more cautious first before the direction becomes clear.

Only Bitcoin
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September 09, 2017, 05:16:09 PM
 #34

i am back again with another buy the dip Smiley
this time i am a little late myself.

as the news about China heats up the panic of the weak hands is also heating up. if we see another news from China and another dip it would be a great chance ot start buying some coins in case you msised out or in case you want a bigger profit from these weak hands.

in any case brace yourself and get the cash ready to buy at the bottoms of the dips. and enjoy  Kiss

I would like to but I don't have enough money for this. Also, the bitcoins I already converted was from when bitcoin was a bit cheaper so I'd lose money if I use that to buy. I could have sold some the moment it dipped but that is hard to do, especially with the large spread in our local exchange. I bet whales with some connection with the Chinese government are gonna be richer again after this.
RoommateAgreement (OP)
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September 10, 2017, 04:16:00 AM
 #35

I would like to but I don't have enough money for this. Also, the bitcoins I already converted was from when bitcoin was a bit cheaper so I'd lose money if I use that to buy. I could have sold some the moment it dipped but that is hard to do, especially with the large spread in our local exchange. I bet whales with some connection with the Chinese government are gonna be richer again after this.

yeah, this is usually one of my problems too. when a big dip happens, sometimes i don't have money to buy in. but so far i have borrowed money a couple of times to buy bitcoin in the dip. not that i suggest doing it but that is an option. and so far i have been successful and even if i wasn't, the amount that i chose to borrow was managable enough to cover in case i lost some amount like 5%.

the thing you need to remember is that when you buy in the dip there is no more room for big losses. the drop has already happend inside a dip so there is only up left to go.
the trick is finding the bottom and buying near it.

for now i suggest waiting for some new news then making decisions. the last dip is over and we need to see what happens now.

Buying the dip...
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September 10, 2017, 04:48:29 AM
 #36

i am back again with another buy the dip Smiley
this time i am a little late myself.

as the news about China heats up the panic of the weak hands is also heating up. if we see another news from China and another dip it would be a great chance ot start buying some coins in case you msised out or in case you want a bigger profit from these weak hands.

in any case brace yourself and get the cash ready to buy at the bottoms of the dips. and enjoy  Kiss


Exactly, This should be an opportunity to those who are waiting the dip to buy more coin. Meanwhile, those who don't believe it, will do the panic sell. Others also say that it is a discount time for all coin, get ready for a good entry point and buy before it jumps again.
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September 10, 2017, 04:59:05 AM
 #37

i am back again with another buy the dip Smiley
this time i am a little late myself.

as the news about China heats up the panic of the weak hands is also heating up. if we see another news from China and another dip it would be a great chance ot start buying some coins in case you msised out or in case you want a bigger profit from these weak hands.

in any case brace yourself and get the cash ready to buy at the bottoms of the dips. and enjoy  Kiss

They're not cheap enough yet in my opinion. I think there will be more and bigger dips coming so there should be more opportunities to buy lower. I would look for a price of $3000 to buy but you never know if it will drop that low again. I think a correction will happen and the newbies will start jumping out and the price will consolidate at some lower point. But that point will be a solid bottom as the weakest investors are out of the picture.

I'm also hoping the same thing. I've prepare my cash to get another great entry point to buy. Probably it could be gradually down to $3k. And there is a fork issue in november, thougt it would be another dip for bitcoin. I still not buy again, because I also think it could be more cheap. Let's see if we were wrong.
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September 10, 2017, 05:04:44 PM
 #38

I would like to but I don't have enough money for this. Also, the bitcoins I already converted was from when bitcoin was a bit cheaper so I'd lose money if I use that to buy. I could have sold some the moment it dipped but that is hard to do, especially with the large spread in our local exchange. I bet whales with some connection with the Chinese government are gonna be richer again after this.

yeah, this is usually one of my problems too. when a big dip happens, sometimes i don't have money to buy in. but so far i have borrowed money a couple of times to buy bitcoin in the dip. not that i suggest doing it but that is an option. and so far i have been successful and even if i wasn't, the amount that i chose to borrow was managable enough to cover in case i lost some amount like 5%.

the thing you need to remember is that when you buy in the dip there is no more room for big losses. the drop has already happend inside a dip so there is only up left to go.
the trick is finding the bottom and buying near it.

for now i suggest waiting for some new news then making decisions. the last dip is over and we need to see what happens now.

Haha, if only I can have someone to borrow money from. None of my relatives having anything to lend me. I don't think buying and selling bitcoin would be profitable for us outside the US. How high are the spead there? With the exchange I'm using the difference between the buy and sell price is almost always $200, which kinda make it hard to time things right.
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September 10, 2017, 06:40:27 PM
 #39

i am back again with another buy the dip Smiley
this time i am a little late myself.

as the news about China heats up the panic of the weak hands is also heating up. if we see another news from China and another dip it would be a great chance ot start buying some coins in case you msised out or in case you want a bigger profit from these weak hands.

in any case brace yourself and get the cash ready to buy at the bottoms of the dips. and enjoy  Kiss

A very nice move. Though a bit late, the thing that matter is that you cashed in in the dip and did not ignore the price correction. I have always want to do this but unfortunately, I do not have some money to spare. I do not have a job at the moment so I cannot do some cashing in in the mean while. Nonetheless, I will do that. I just hope that when I have some money to spare, Bitcoin crash accordingly Grin Roll Eyes

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September 10, 2017, 07:22:59 PM
 #40

You might want to refrain from buying the dip, since we have had 3 tries to break above 4350 and they all failed.
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