Dips Are good For Crypto

[Warren Buffert]

Yeah good points there. Dip also make investors realize that bitcoin is not a get rich quick scheme.

More importantly it redistributes coins, which ultimately is only good for btc.

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[hatshepsut93]

How many weak hand are still left?
Cause we have removed them for year and year and there are still thousands if not tens of thousands of them.

I don't think we can blame it to the weak hands and far more on the lack of buyers.
There was nobody buying. All the support walls evaporated in a matter of seconds , most of them retreating by 1k each time.

Old weak hands go, new weak hands come. This will continue until Bitcoin will mature and the market will get less volatile, so only professional traders will stay, while average users will just use it as money and enjoy some long-term deflationary gains.
The (temporary) lack of buyers is caused by the fact that the market is very uncertain - some people believe that Bitcoin is a bubble or overpriced, so they wait for it to go lower, but others, especially hodlers, believe that it will go to the moon, so they don't sell and the market doesn't crash do the ground. The result of this two opposing forces is huge volatility, since most of the traders are either speculators or noobs with weak hands.

[Misshi]

I know it is not good to see that our investment is losing its value because of the dips. But let us think of it in positive way. Dip markets means opportunity. An opportunity to buy in dips those coins that we know have a potential in the coming years.

[pey]

This is not dip, I think $10K is very high price, if you buy at $20K it is your problem. $5-10-20K all are high to me, btc can fluctuate between $5K- $20k

[darkangel11]

As a newbie this is my first time experiencing the HODL during the dip instead of panic selling then carefully calculating when the best entry point is to come with new money. I am very glad I did, even though I did not hit the bottom. It was a learning experience - and I hope I will continue to learn the psychology of the market and have strong hands.

Just don't overdo it. When you buy on top and the price starts to fall down sharply you shouldn't hesitate to sell. Hodling is great once you got an established position that can't be undermined. For instance, I'm currently holding some BTC that costed me 700 USD per coin which makes it an easy job. I wouldn't hesitate to sell though if the price went below 800 USD. You can handle missing the train but you should never allow yourself to go broke.

[smith136]

These dips are good for two reasons

It allows people who haven't invested yet to invest

It brings awareness to the market, growing the potential investors

Good points, I agree on these and I can't believe there are still people thinking that crypto is done already 
or maybe they are just spreading fuds to make it more dump, well for me it is a chance for everybody to have a sure profit for the future 

[aintnopassincraze]

It is necessary 100% because if there was no dips these markets would be rigged and therefore wouldn't be a proper market. Also lets not forget that we need to shake out the weak hands if we want to go higher and that is probably what happened these past few days we got rid of weaker hands and hopefully higher here we come  .

[Toden1379]

The dips are a good thing as it show that bitcoin is not just about price going up like some ponzi scheme. It's bound by the laws of supply and demand. That's why people still believe in it.

[Kryptcoin]

Dips makes you stop wishing for price to become low because the time has come. Make use of every dip effectively and you'd be glad you did in the long run.

[russelluk]

Come on lets be honest - we hate dips and fear that each new big dip could be the one that destroys crypto. Then it recovers and we all become wise again!

[marlonBitCoin]

yes I agree with you dips are an essential part of the market to get more people involved as well.

[Ochakemaput]

yes agree, give the opportunity for someone who has not bought and give patience to the holder, if bitcoin and altcoin price does not go down even strange, because the price will not always stable, this is normal, but the average person will feel frustrated

[1NV3ST0NM3]

These dips are good for two reasons

It allows people who haven't invested yet to invest

It brings awareness to the market, growing the potential investors

And yes along with that it also gives some serious heart attacks to the faint hearted people who had invested in cryptos   But on a serious note yes they do give up some good bump to the market. Like market fell down by 50% in these two days and today most of the coins are up by 50% already they will be back to break even within a day or two. So these dips give chance to coins to touch their new all time highs. As you remember last time when BTC went from 5k to 3k and then leaped over 10k and reached 19k in just a month.

[eaLiTy]

The market corrected really good for a day and it recovered really fast ,I expected the market to go down further but the market is recovering pretty fast when ever the entire market goes down completely ,I would like to see the correction to last for some time  the fact remains that if you are able to take risk you can make gòod profits .

[imteaz]

It's good for people who is just getting in crypto, so they can buy cheap. But for overall market it's good to be adjusted. It make epople believe in certain coin if value helf for few months rather than going up and down.

[Catch-22]

Dips are good for those who intends to add more from what they already have.  It's always good to buy low and sell high.

[jonval21]

yes of course, deep are good because after that the value is more organic.

[worldtraveller321]

Yes more less when all the numbers go red, is only good thing. time to buy, opportunity to buy again
if the numbers kept going up then that be an issue
balance is key

[Silberman]

These dips are good for two reasons

It allows people who haven't invested yet to invest

It brings awareness to the market, growing the potential investors

I do not think it is good or bad it just is, we cannot change the way the market works, any market goes up and down and bitcoin is a new emergent market and it is also a currency with a limited supply so when you add all of that together then you the recipe for something that is really unstable, so there is not much we can do but to try to take advantage of this the best we can.

[bitcoinzen]

Dips are good for crypto but we never know in bloodbath which is dip when u buy still it fall