Buy the dip, 2018 edition

[RoommateAgreement]

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

[Kprawn]

I have a feeling this is going to be the first of many dips to come. We have only recently seen some traders from Wall Street,

investing serious money into Bitcoin and when large amounts of institutional capital are invested, things tend to happen

quickly. They have enough Fiat to cause some serious volatility, in such a small market. I am not OK with the Dips, but the

Spikes are excellent. 

[RoommateAgreement]

i still don't understand why people thing groups like Wall street traders and the rest came in recently!
who is to say that they have not been involved with bitcoin heavily from the early days. something like from 2013 when price first went to $1200 or even from much earlier when the first 3 huge bitcoin bubbles took place which nobody even knows about?

i say they have been with us all along, we are the "newcomers" no they...

[haroldtee]

i still don't understand why people thing groups like Wall street traders and the rest came in recently!
who is to say that they have not been involved with bitcoin heavily from the early days. something like from 2013 when price first went to $1200 or even from much earlier when the first 3 huge bitcoin bubbles took place which nobody even knows about?

i say they have been with us all along, we are the "newcomers" no they...

  Isn't it funny how the same guys from the wall street, Jamie and co, who have been spreading FUD and said a lot of bull shit through out last year about bitcoin are the same guys coming to the media, saying how much they regret calling bitcoin or cryptocurrency a fraud? It is just unbelievable how they were able to deceive a lot of noobs and used them to make money by making use of the market uncertainty.
It is their game, they have always known how to play it and they really played it well and good for those who panicked and ended up dashing the same banks who have been stealing from them their funds. You are right, there is no doubt that these guys have been involved, and I am sure they have been using their positions to their benefit. For me, the dip like the OP said, is always sure.

[Jombitt]

yeah! top crypto in the market are turning red recently and go so dip. I have a feeling that there will be another dip coming soon. This is just the beginning of dip. Bounce back will happen by mid 2018. There are still more time to buy bitcoin and make profit in the future!

[motoprose]

The dip is nice and all coins are following with it.

I saw it drop it all the way down to $12900 briefly and thought I would be waking up to $11000 easily.
But it rose back to above $14000 again so something is holding up the price.
With all the talk of banning Bitthumb in Korea and all those Chinese miners needing to find another field of work.

[TheCoinGrabber]

True, they seem to be ramping up on maligning the cryptocurrency industry. That some countries seem to be regressing on their support isn't helping. Just found out South Korea has implemented a ban. Though in their case, they are worried that the money is being funneled up north.

[PalindromemordnilaP]

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

I am also waiting until the deepest dip of bitocin's market value has reached so i can buy some at very low price. I believe things will get to normal again anytime soon and that will be the start for bitcoin's price hike that will even surpass its highest market value ever recorded last year.

[waynechong1995]

Its normal to have correction when so much marketcap value are being poured into the market which peaked almost 800 billions, crash is definitely i would say an expected process, a really common stuff in crypto-world, i'm not professional trader but just within these years hold seems to always be the solution regardless, dips are only happening when you have reserves useful so such scenario now.

[spngebob]

i still don't understand why people thing groups like Wall street traders and the rest came in recently!
who is to say that they have not been involved with bitcoin heavily from the early days. something like from 2013 when price first went to $1200 or even from much earlier when the first 3 huge bitcoin bubbles took place which nobody even knows about?

i say they have been with us all along, we are the "newcomers" no they...

  Isn't it funny how the same guys from the wall street, Jamie and co, who have been spreading FUD and said a lot of bull shit through out last year about bitcoin are the same guys coming to the media, saying how much they regret calling bitcoin or cryptocurrency a fraud? It is just unbelievable how they were able to deceive a lot of noobs and used them to make money by making use of the market uncertainty.
It is their game, they have always known how to play it and they really played it well and good for those who panicked and ended up dashing the same banks who have been stealing from them their funds. You are right, there is no doubt that these guys have been involved, and I am sure they have been using their positions to their benefit. For me, the dip like the OP said, is always sure.

Strategically played in my opinion, first he spread FUD to crash price now he is saying something completely different to raise price.
I am sure all of them invested money in bitcoins and are just playing with noobs who blindly follow every their word.
"Yeah, they are big players, they are very rich people, they are bankers, wall street is their home - they know everything"  
I've been hodling for some time and I am just watching how price is moving up and down on every single word which come from "big players" mouth. I bet if Warren Buffet would say that everyone should invest because price will go to million dollars, I bet we would see big pump in no time.

[Anti-Cen]

I love buying "on the dip" so should I buy something that has gone up 10,000% already
or maybe something that has only gone up 1,000% and costs a single digit sum instead
of a five digit sum and has a transaction fee of almost zero.

Decisions, decisions or am I in the wrong church again and the vicar is going to kick me out again !

Maybe we should talk about transaction speed or development times and what about scale-ability
or the number of transactions being carried out today on these networks or about that other little
subject that is often over looked and is called "trust" ?

Could be that our religious sacrifice of 20,000 miners wasting CPU power doing computer wars is not pleasing
our God and we need to start human sacrifice and forget about global warming doing the job in the longer term.

So boys what are we buying "on the dip" because I am all ears  

 

 

[Anti-Cen]

yeah! top crypto in the market are turning red recently and go so dip. I have a feeling that there will be another dip coming soon. This is just the beginning of dip. Bounce back will happen by mid 2018. There are still more time to buy bitcoin and make profit in the future!

But unless I want to keep taking money out of my own pocket which I don't then I need to sell BTC so that I can buy back in
at a cheaper price so i would take you up on this devious plan of your  to short Bitcoin but the trouble is that I
took most my profit out already and was I too make 30% after sending the dust I have left to an exchange to trade
then the two transaction costs needed to play "Day Trader" would eat up all my winnings.

Nope I think my stop loss at $10,000 on Bitcoin price suites me better

Cars are no good if the road is broken !

[FrueGreads]

I'm quite bulish also, and I think that the turnover will happen somewhere during this month. We already had a large correction from the all time highs, and the price is already touching the 50-Day Simple Moving average, and if we look at the charts, bitcoin got a good bull run every time this had happened, so we might see it again. I think this is an excellent time to buy into bitcoin with a nice discount.

Although I'm referring to "chart analysis"  I'm not talking in a trading point of view. I believe in bitcoin potencial, and the only big problem right now is scalability and user interface. The lightning network is more close then ever, and user interface will eventually get improved as bitcoin gets more popular, so things are still looking good for BTC. So yes, buying the dip is probably a good plan, and using chart information, we are probably at the very bottom now.

[tigan_gangmei]

Yes, this is a regular trend. Just hodl and buy more.

[Reid]

I do agree. This fall might come to an end anytime and another pump will come.
Better buy now and hodl it for a while. It is just playing with the same price and it could be the clue that tells us we should buy now.
I am still holding and preventing myself to panic. I know it will happen sooner or later.

[1NV3ST0NM3]

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

I think this is an admirable beauty of bitcoin. We always have a few days every year when the whole market is at its rock bottom. It gives a great opportunity to people to invest in popular alts. I made  a great profit from Tron in this last bearish trend before the market began to be bullish.

[Hui8]

I think we are from having the last dip. There should be continuous exaggerated panic selling going on and thats what causing this dip. The more down it goes the more aggravated chain reaction of panic sell will start. Lets hope that nothing like that comes up front by the end of this month.

Yes, I agree that this dip is very healthy for those who wants to buy bitcoin at the start of this year and want to gain huge money out of it. Just the same way it happened with start of 2017 year, the only difference then and now is big prices. Rest of the patterns are pretty similar and could reused to make investment plan. So yeah some goodness is there in the current dip!

[nejixrocks]

I wanted it to drop more (so I could buy more lol) 

[nydiacaskey01]

You got to love those dip and always have extra funds in your wallet in cases like this. Its one of those days when you want to fill your bags some more of those coins that you've been wanting to buy at discounted price but still, careful in buying during dips because, dips may go deep and will take time to recover. Patience.

[Anti-Cen]

buying the dip is probably a good plan, and using chart information, we are probably at the very bottom now.

Nice to meet a man from the market who understands these charts and candle things because my mate said
look for the hammer and run from head and shoulders and something about "Let the trend be your friend" but I felt
a little embraced to ask him what they mean so maybe you can help me out here.

What odds will you give me on BTC going under $10,000 on GDAX and must include spikes that
I know for a fact are hidden from many of the charts like the peak on 7th Dec 2017 when BTC hit
$19,340 and was over $19,000 for about half an hour ?