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Author Topic: What to do in this Dip  (Read 1386 times)
Hallmader
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May 13, 2018, 09:59:26 AM
 #121

At moment i have a large list of coins. most i had bought at prices low, while some i am taking a loss at moment.
with recent dips going on. some are below, as its now a buyers market
should i still eventually invest in more BTC? ETH and LTC

should i sell off some alt coins and re buy at a lower price, since everything is still falling?
thoughts?
thanks

Selling cheap with the expectation that it will go down even cheaper and planning to buy at that point is not a wise decision. It is because you do not actually know up to which point the dip will be. What you are given is a dip and you are losing. The most probable thing to happen next is recovery. And if you sell, you might miss the recovery rounds, you will be forced to buy back with a higher price. You better invest more while the prices are cheap.

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selivers
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May 13, 2018, 10:06:32 AM
 #122

Once you are in a dip there is nothing to do, all you can do is learn from your actions, why did you not prepare for a dip in a market that always was very volatile. Look forward and have a better plan to secure your profits next time.

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May 13, 2018, 11:05:05 AM
 #123

During this dip if you still have coins in your wallet better hold it or buy some more because I do believe that marketcap will go green in the coming days and onwards.
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May 13, 2018, 01:21:54 PM
 #124

At moment i have a large list of coins. most i had bought at prices low, while some i am taking a loss at moment.
with recent dips going on. some are below, as its now a buyers market
should i still eventually invest in more BTC? ETH and LTC

should i sell off some alt coins and re buy at a lower price, since everything is still falling?
thoughts?
thanks

Selling cheap with the expectation that it will go down even cheaper and planning to buy at that point is not a wise decision. It is because you do not actually know up to which point the dip will be. What you are given is a dip and you are losing. The most probable thing to happen next is recovery. And if you sell, you might miss the recovery rounds, you will be forced to buy back with a higher price. You better invest more while the prices are cheap.
This would really be always the case where we don't even know on whats the possible dippest price when coins are on bearish trend. We cant really avoid on not to panic but you should resist the temptation on selling out on loss because not all the times market will dump down. There would always be a recovery and this thing should be always putted in our minds.Instead on panicking better to think of on accumulating even more, we might not able to point out the bottom but our knowledge,instincts,intuition will always tell us.

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May 14, 2018, 11:31:31 AM
 #125

During this dip if you still have coins in your wallet better hold it or buy some more because I do believe that marketcap will go green in the coming days and onwards.

Consensus has had a positive impact on the market in the recent years and it is expected by many that history is going to repeat again. I am cauteously optimistic as we did not have such l long and severe bear market in recent years though

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May 14, 2018, 12:19:46 PM
 #126

during this dip this is the best time to buy, hodl and wait for the best time to sell, after that you can monitor the price, you also set the loss limit just in case it continues to go dip and when it happens dont panic, just hold and wait until you get some profit then sell, just always follow buy low hold and sell high and you could never be wrong.

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May 14, 2018, 03:35:22 PM
 #127

Whenever the market is in the dip the best thing to do is to buy more and keep holding because one day price of bitcoin is going to recover. I have been trying to make some friends understand that the best time to invest in any coin in 2018 is now as we cannot get price cheaper than were it is today.
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May 15, 2018, 11:55:13 AM
 #128


If the current price is low, it will not sell because it will probably increase in a certain time. Consider yourself carefully before selling and buying
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May 15, 2018, 12:17:48 PM
 #129

At moment i have a large list of coins. most i had bought at prices low, while some i am taking a loss at moment.
with recent dips going on. some are below, as its now a buyers market
should i still eventually invest in more BTC? ETH and LTC

should i sell off some alt coins and re buy at a lower price, since everything is still falling?
thoughts?
thanks

Selling cheap with the expectation that it will go down even cheaper and planning to buy at that point is not a wise decision. It is because you do not actually know up to which point the dip will be. What you are given is a dip and you are losing. The most probable thing to happen next is recovery. And if you sell, you might miss the recovery rounds, you will be forced to buy back with a higher price. You better invest more while the prices are cheap.

You're certain about that, and it you won't invest at lower value the possibility of lower profit gains might affect your goals in trading. So its better to follow the general principles so that we may be able to have greater expectations toward the assets that we chosen to grow. Definitely, the confidence level that we are going to have in facing challenges will be lessen when you see your coins starts to pump in the market place.
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May 15, 2018, 12:56:30 PM
 #130

We are actually no longer in the dip, I think. The market is already recovering bit by bit. We can't expect it to dramatically change after the awful dump recently. During the recent dip, I guess the best decision is to purchase more assets and hold them because surely, the whole crypto market will rise as the Ber months approach.

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May 15, 2018, 01:02:18 PM
 #131

At the time of decreasing the price of crypto currency, personally i buy more and more. I think it is the chance to buy more for more profit. So on dip, don't sell your coin and buy as possible for you. Hopefully you will be profitable.
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May 15, 2018, 01:54:24 PM
 #132

We are actually no longer in the dip, I think. The market is already recovering bit by bit. We can't expect it to dramatically change after the awful dump recently. During the recent dip, I guess the best decision is to purchase more assets and hold them because surely, the whole crypto market will rise as the Ber months approach.
I believe so.I think the crypto market particularly bitcoin will increase even more in the last quarter of this year.Just like the previous years,bitcoin will have a massive pump at the end of this year and as expected,price correction will soon to follow.So much better to grab the chance to buy more potential coins and sell them when your target price is already hit.

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May 15, 2018, 04:43:01 PM
 #133

Well, since you have some investment, I am sure that you must have proper research to back your investment decision. I believe that one should always stick with his investment (even though it is difficult when the market is falling). In fact, during the dips, there is a good opportunity to reduce the average acquisition cost by investing more amount during the dips. Generally, it is not recommended to sell the current investments.
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May 15, 2018, 06:28:53 PM
 #134

Whenever the market is in the dip the best thing to do is to buy more and keep holding because one day price of bitcoin is going to recover. I have been trying to make some friends understand that the best time to invest in any coin in 2018 is now as we cannot get price cheaper than were it is today.
It happens real risk taker wins at the end, so if you are facing a challenging or struggling time in bitcoin trading, have patience it will be gone soon and you will meet a good time when everything will be fine, prices will be high and profits will be more than double so just hold your breath and don’t let the falling price or dumping time effect your strength of holding, dip is now turning to pump gradually.
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May 15, 2018, 06:31:09 PM
 #135

I do not advise to sell currency at the bottom. Wait, the currency will grow over time. I keep 50% of my portfolio in BTC.

Hold or buy more, that is the best to do during the dip. If you sell during the dip you will just lose money.

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May 15, 2018, 09:29:54 PM
 #136

In this situation if your coins go down along with the price of the big ones and if there don't have another choice, you should hold it. Another way, you can sell it for other profitable coin. I mean, if you lose another chance while you wait, you can make more profit with sell than hold. However, time to get the best coin is when the market is red.
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May 15, 2018, 10:39:43 PM
 #137

It could result to worst if you are in wrong dicision about your coins in dip price you should use your instinc when there is a dip price wether you sell your coins or hold it but i can say that buy more coins if you have more capital.
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May 15, 2018, 10:54:17 PM
 #138

It could result to worst if you are in wrong dicision about your coins in dip price you should use your instinc when there is a dip price wether you sell your coins or hold it but i can say that buy more coins if you have more capital.
If you are holding some shit coin then it is better to dump it as fast as possible to retain at least some sort of value. But if you are holding strong coins then it is better to keep on holding and even better to buy more and more for it. Especially if you know that there is a higher chance that this dip will soon bounce back. But instincts are had to follow especially if you are not good at trading, but it could be a good gauge.
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May 15, 2018, 11:09:57 PM
 #139

It could result to worst if you are in wrong dicision about your coins in dip price you should use your instinc when there is a dip price wether you sell your coins or hold it but i can say that buy more coins if you have more capital.
Doing your panic selling when the dip comes is the worst decision of every traders in this market and most of them are failed and loss.
Trying not to do it and HODL till the bump back is the smartest one but not much people have that good mental to do that.
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May 15, 2018, 11:28:07 PM
 #140

At moment i have a large list of coins. most i had bought at prices low, while some i am taking a loss at moment.
with recent dips going on. some are below, as its now a buyers market
should i still eventually invest in more BTC? ETH and LTC

should i sell off some alt coins and re buy at a lower price, since everything is still falling?
thoughts?
thanks
I think the better you can do is hold it for now if you know the market is dip. And if you want or you have some capital buy more so when the market back to the green day or high price you can get a profit to your holding coins.

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