reymartH
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Activity: 112
Merit: 11
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January 19, 2018, 12:34:49 AM |
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If you understand the fundamentals for the coins you're investing in, you should be able to separate the FUD (fear, uncertainty and doubt) claims against the truth, and that the Cryptos should continue to march forward regardless of what's thrown its way. There will be speed bumps along the way which may slow progression, but in the long run, the Blockchain technology will prevail. So buy the dips.
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Ba37
Newbie
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Activity: 52
Merit: 0
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January 19, 2018, 12:42:40 AM |
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Yes, dips are good if you are not a weak hand. I have seen many people who invested money in crypto for first time in December- January losing their money and panicking spreading even more FUD. It depends on what boat you are on. But overall dips are good and necessary in any market. Not all people make money in cryptos.
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xianbits
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January 19, 2018, 12:49:14 AM |
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This is my most-watched event in crypto. I'm glad I had easily catched some fish in the latest dip and now that the market is recovering, I wonder how are those panic-sellers feeling right now?
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coin-investor
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January 19, 2018, 12:57:07 AM |
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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 agree with if you look it in a positive way, you can make a profit out of it, this is the best time to buy when there is a dip especially if the coin is good and had a good roadmap ahead, I always look for a dip in a good coin, it's like investing in their ico stage. |
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FUD Expert
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January 19, 2018, 01:41:05 AM |
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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
It's really an opportunity but the dips give other people or possible investors a perception that its price going to dive more or it's over so very less people will do and most are seasoned traders. |
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Tak2020
Newbie
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Activity: 65
Merit: 0
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January 19, 2018, 01:44:29 AM |
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Dip is 10%-20%
60% it's crash
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|Bitkoin|
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January 20, 2018, 02:11:09 PM |
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Yes, dips is very good for crypto. It attracts more investors both older and new investors.
But sometimes it also scares people as the price is dropping. |
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YoungMaster
Full Member
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Activity: 462
Merit: 100
MYCRYPTOBANK.IO
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January 20, 2018, 02:45:58 PM |
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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
Yep. I agree with you. With the DIP people can easily invest in some coins which they haven't. And also help some people to buy more the same coins as they hold. And for the awarness, It can also help the panic-seller to learn their mistakes about the coins they sold when it was on the DIP. |
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meyklove
Member
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Activity: 210
Merit: 14
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January 20, 2018, 02:54:29 PM |
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You are definitely right, mate. Its okay for the investor to hold it for long term but in trading we should always put some stop or cut loss to prevent more losses.
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Xester
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January 20, 2018, 02:57:17 PM |
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For me it is indeed an advantage to people, just like what you have said. Because of these dips, people have the opportunity to invest in bitcoin. It likewise gives us more time to reflect and at the same time gives more attention to people.
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tech72
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January 20, 2018, 03:02:29 PM |
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If you have a lot invested already then dips are not good for you but they are good for a newbie.
I find dips good even if I have invested a lot already. Even though my portfolio value decreases I still invest and buy more since I know coin price will boom ultimately. I only invest in good coins only. Also, I only buy when there is a flash crash or something like that. Usually, have bids placed at lower values to catch the coin in dip. Never been wrong till now. |
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|Bitkoin|
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January 23, 2018, 05:26:18 PM |
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If you have a lot invested already then dips are not good for you but they are good for a newbie.
I find dips good even if I have invested a lot already. Even though my portfolio value decreases I still invest and buy more since I know coin price will boom ultimately. I only invest in good coins only. Also, I only buy when there is a flash crash or something like that. Usually, have bids placed at lower values to catch the coin in dip. Never been wrong till now. But many times the dips are big and it takes time for good coins value to rise. Many investors get scared because of this. |
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