"Buy the dip" is only a strategy for losers

[freightjoe]

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

[dodgrad]

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

Everytime - yep it is not the first time when the Bitcoin bubble burst - are people that are surprised that price go down so much.
If someone is saying that it is the end of price drops, is wrong. It is free, high risked market and here can happen everything, so nobody shoud be surprised. Prices can not rise forever also can not fall forever. Next bubble will come, we just have to wait for the moment when people forget about loses and will come more fresh money on market. It is just matter of time..

[freightjoe]

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

Everytime - yep it is not the first time when the Bitcoin bubble burst - are people that are surprised that price go down so much.
If someone is saying that it is the end of price drops, is wrong. It is free, high risked market and here can happen everything, so nobody shoud be surprised. Prices can not rise forever also can not fall forever. Next bubble will come, we just have to wait for the moment when people forget about loses and will come more fresh money on market. It is just matter of time..

You show quite well how Bitcoiners do not understand what is going on.

In the past very very few people were involved in Bitcoin, and therefore it was easy to find new "investors".

At the top of the bubble in 2017 every fool in the world who believed the hype bought into Bitcoin. There is not a new even large group of fools ready to pump Bitcoin again.

It is the same with all other speculative bubbles - once the bubble pops, there is no coming back because there are no more new willing fools to buy it

[Wicked Sick]

Yeah, I don't know why they say to buy the dip, if bitcoin all it's done is go down, like when 2 years ago it was at $100 and went under $50, and of course how to forget when last year it was at $2,000, it went up to $17,000 and now it's at $4,000, of course how to forget that bitcoin only goes down ... /s

[dewildance]

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

Yes all believers saying this words; Buy the dippest price. It is so strange but I know that someone will be know. Bitcoin will breakout soon. Then we will be know how much is the dippest price.

[BestSSS]

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

My opinion is very different from yours and probably we will not find a common language.
I believe you are one of those who bought bitcoin in December 2017 and are now surprised by this fall...Do you know what a chart or trading is? The price cannot move up 24 hours a day, 7 days a week.  Yes, today we see a decline in prices and if you look at the chart for 10 years you will see not the first such decline. It is important not when you bought bitcoin but how you know how to deal with it in the market, because even on the decline a real professional knows how to make a profit.

[seoincorporation]

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

LoL, you talk like if bitcoin price only goes one way, let me introduce you to my friend 'The bump', that's when bitcoin price goes up, because price rise sometimes, not everything is crash.

The point here is, how dip is the dip, we can't be sure how down goes the crash, so speculation is always another bet.

[YuginKadoya]

You must be one of the fools who bought bitcoin when the price is at $20,000 USD, Well you are quite right that there are many people back then that have bought bitcoin like you when the price is in an All-time high they just brought to bitcoin because of the hype And gets curious about it, And maybe buying the dip is for losers because we are not so sure if bitcoin would stay at this level or crash some more because bitcoin is unpredictable, But one thing is for sure that the price of bitcoin will not go down to zero, There is a chance that it can make another big leap in the future, That is certain for bitcoin, Because the value is not always a dip we can still experience another All-time high in the future and this is well known to almost all bitcoin enthusiast.

[emberbekas]

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

Bitcoin has been around since before 2017. So, if you make that year as your starting point, it won't be valid. And in its history, price movements are not only in one direction. The price of bitcoin since its appearance is not necessarily high. At the beginning of its appearance, the price of bitcoin was even very very low. Over time, prices gradually rose. But on several occasions, down again. And that's the process to date. So if you say that every drop will be followed by the next decline, I don't agree with you.

[Peacemaker1994]

Buying in the dip is not a strategy for losers rather could even give rise to an opportunity. Every investor is entitled to there strategy on how they navigate the cryptocurrency world and so buying when the prices are low is a calculated move with could yield either positive or negative results

[aoluain]

If bitcoin only goes down in price and never rises why then is it at $4175
as I type this? Because it doesnt always go down. How much was bitcoin
in December 2009?

Stop creating nonsense threads.......

[kryptqnick]

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

I think you are wrong. Everyone who bought the dip and did not sell their bitcoins yet will probably profit in the future. Recovery is a matter of time. Bitcoin has shown it before, the problem is that there aren't enough users now who remember it. Buying the dip is the right decision, bitcoin is still way below where it used to be. And it's a good thing  if we are running out of newbies, because they pump the market as fast as they dump it. We need a strong community of people who will not fall for every FUD text about cryptocurrencies. Unfortunately, the vast majority of people still never heard about bitcoin, so there are a hell lot of newbies and possible enormous pumps and dumps awaiting us.

[Capt00]

I don't know what you are trying to say OP, dip situation market is a perfect time to buy more in Bitcoin because that is the only way that we can assure to have a profit in investing Bitcoin. Let's say if you didn't buy now then probably you will regret near in the future because when the price goes up you can't jump in there in the current price.

[squatter]

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

That's only looking at the short-term. If you take into account all of Bitcoin's price history, what you're saying is patently false. Each dip ends higher than the last in a long-term upward trajectory.

Your claim is only true if the price falls below $150-160. That was the bottom of the last correction.

[mindrust]

If you had bought the dip in 2015-2016 you'd have been driving your lambo today. I bet you wouldn't call yourself a loser now.

Buy the dip basically means that it is already too cheap and at this point it doesn't make any sense sell anymore. I know people were saying "BTFD!" when it was 10k then they said it too when it went 6k, and now when it is $4k they are still saying it.

You know what? It can even go below $4k.

BTFD doesn't mean you should go all-in. Dollar Cost Averaging is your friend. If it goes lower, you should (that's what I do anyway) slightly increase your monthly or weekly investments.

If you think $4k is the absolute bottom and invest all, you'll lose your mind when it goes below $3k. Don't do it.

[pixie85]

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

Why are you so angry? New investors aren't fools. The fools with 0 understanding will get shaken out by the bear market and smart money will be waiting for their coins. Fools are and always will be buying at the top. It doesn't matter if the top is 1000 or 1 million. You will always find these people who buy high and sell low. You can also find smart people at different prices and different stages of crypto development.

[Gloverwrt]

There has been a lot of price bubbling during the past years, and each time, people always FOMOed in and bought into the hype. Quite obviously the hype of 2017, was the largest till date, but your idea that there are no more willing investors (or fools as you call them) to come into this space is false.

Only a tiny fraction on the world own Bitcoin now, adoption based on the product is the most valid form of hype, and not price bait.
When Bitcoin becomes a daily payment option, the price is bound to consolidate, this might not necessarily mean an instant pump, but as it's value and demand increases, it's price would.
It could be a couple of years for that to happen

[tiptopgemdotcom]

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

Yes all believers saying this words; Buy the dippest price. It is so strange but I know that someone will be know. Bitcoin will breakout soon. Then we will be know how much is the dippest price.

First let me ask question about the dip which you wrote about: How do you measure the chart and trend in order to find  dippest price?


Trying to catch dip before entering position is like hope to catch train exactly when it leaves. What if next price discovery gonna to fool everyone with fake breakouts for several years... I trade for living and i know how it feels to predict market with tools everyone knows about it. I also hope bitcoin and all other altcoins will find stable way to grow healthy no like 400% in single bar  of  daily chart.

[Indamuck]

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

It looks like you lack patience.  Investing in bitcoin is a long term game.  Those that bought the dip will be the ones laughing when the crypto marketcap is in the trillions.

Losses don't matter until you actually sell anyways.  Perhaps your just a manipulator that is looking to crash the price more so you can buy up cheap bitcoin.

[eaLiTy]

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Have you heard about other markets that fluctuates or have you heard about these market dips in crypto market alone, if that is the case i would like to ask, which financial world are you aware of, the price cannot go high all the time, there will be a time for correction where big fund houses and smart people will book their profits.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

There are some investments from the financial world who does not have any understanding about bitcoin, but that does not mean that we have seen major fund houses investing in this market, when the clarity in legality becomes clear, there will be investments coming in from big fund houses and i do not think that a billion dollar market will vanish just like that. It is just the starting phase and it will be there for a long time to come.