Flor1982
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December 03, 2018, 02:52:24 AM |
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This shows of how the crypto market is very risky right now because the prices become more difficult to predict that if you buy the dip but it dips even more. Unlike before, that holding and buying the dip are very powerful strategies but now in which the bearish market is still in effect then better to choose only the top coins and shift to long term investments.
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franky1
Legendary
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Activity: 4368
Merit: 4748
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December 03, 2018, 02:57:21 AM |
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there is a big difference between buy the tipdip with all your eggs and hodl vs buy the dip once the correction has had time to fully dip. use multiple baskets and take multiple small % quick repeats and keep doing it over and over
anyone who sees a sudden 4x rise and then buys in at that top 10% using all their funds. maybe shouldnt be trading.
but that said. hardly anyone actually was a 'buy and hold' at 2017's tip never buy high. never sell low dont buy the tipdip. (the initial dip from the tip)
its far better to make 1% a day (365% a year) than to hodl for a year hoping for 3.65x spikes
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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pooya87
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December 03, 2018, 03:13:42 AM |
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nobody is forcing you or anybody else to buy bitcoin or anything else that you don't want to or think is not in a dip. it is always going to be your money and the decisions you make about it will only affect you and you alone. if you invest it wisely then you become richer and if you act stupidly and based on FUD that is online then you will miss out or worse lose money because of it.
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Bitcoin is the only decentralized money in existence.
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thuat86
Newbie
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December 03, 2018, 03:17:32 AM |
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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 is a good strategy I think, but what is the dip, 3k or 2k?
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libert19
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December 03, 2018, 03:19:40 AM |
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No one ever knows what is the bottom, that's why you never go all in, in single dip. You do dollar cost averaging.
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emma46
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Merit: 10
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December 03, 2018, 05:44:13 AM |
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How could you say that it is a losers strategies if they could gain profit from it, And also we couldn't really say if it is the bottom of the dip so we couldn't say if it is the right time to buy the dip.
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EcoChavCrypto
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December 03, 2018, 05:47:11 AM |
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The best thing that you can do right now is to buy the dip, i do not think that the prices will still be the same for a long time, maybe we will see another decrease, maybe to $3,500 or so. But, think that there is always going to be a light at the end of the tunel.
For me, there is going to be another bullrun during the next year, it will happen sooner or later, it is just matter of time after all.
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MFahad
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December 03, 2018, 06:43:38 AM |
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Looks like we got a hater here who bought at a 19k usd price. That is so sad.
Anyway, you could always wait if you are that patient but I dont think you are since you are way taken by your madness now.
Could it be that you have already sold your bitcoin in exchange for a dusty altcoin just so you could come back.
I do buy the dip and I dont regret it every single penny I used for every satoshi I can accumulate.
You are just too much in a hurry for your ROI which will never happen even in 5 years.
You will probably be better off the crytpo industry.
The ones who have bought bitcoin at 19K are at a very high loss and i think most of them have already sold at loss. People who bought at such high prices were those who had no knowledge of bitcoin and trading and they just invested because of FOMO.
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btc-room101
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December 03, 2018, 06:48:26 AM |
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Looks like we got a hater here who bought at a 19k usd price. That is so sad.
Anyway, you could always wait if you are that patient but I dont think you are since you are way taken by your madness now.
Could it be that you have already sold your bitcoin in exchange for a dusty altcoin just so you could come back.
I do buy the dip and I dont regret it every single penny I used for every satoshi I can accumulate. You are just too much in a hurry for your ROI which will never happen even in 5 years.
You will probably be better off the crytpo industry.
The ones who have bought bitcoin at 19K are at a very high loss and i think most of them have already sold at loss. People who bought at such high prices were those who had no knowledge of bitcoin and trading and they just invested because of FOMO. People who buy at $4k today will also get screwed, because "This time is different", where in the hell is the new stupid money going to come from to re-inflate the bitcoin ponzi? Remember it wasn't that long ago that BTC was at a support level of $400 USD. It's still the same old story, if you mined it and got it for free, then HODL or SELL, If you bought it, then you are a sucker.
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aray80
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Activity: 420
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December 03, 2018, 07:36:21 AM |
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The strategy to buy bitcoin when the price is cheap and then sell when expensive is the best provided that the price immediately rises for the future because it is very risky if there is an error predicting when you want to invest
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kelz1
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December 03, 2018, 07:38:53 AM |
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The trick to buying the dip is to look out for the dead cat bounce. This is likely to be the first pump after a major fall, it takes a series of mini pumps before a full recovery takes place
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qiman
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December 03, 2018, 07:47:04 AM |
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The problem with buying the dip is in 2018 it has just been dipping further and further. I tried to average my price down for a coin but it has not really worked much for me either way. I now am surviving just from an arbitrage robot and it is very hard now with very little capital to get ahead, especially as I am no longer earning any income form any other sources. Bounties hardly pay out nowadays, even though I still do them, trading is extremely volatile and it is hard to survive in this climate, especially for us losers.
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jonaire99
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December 03, 2018, 08:00:01 AM |
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If you are a real trader then I think you understand what "buy the dip" means because you trading in the volatilities of bitcoin to earn some profits. But if you are one of the investors who bought at the height of its price last december 2017 then this present situation might no longer good for your investments because the price continues to go down. No one knows when will bitcoin go up like last year again so if you still believe in bitcoin then continue to hodl.
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glowing10
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December 03, 2018, 08:12:19 AM |
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The strategy to buy bitcoin when the price is cheap and then sell when expensive is the best provided that the price immediately rises for the future because it is very risky if there is an error predicting when you want to invest
Bitcoin general bounces well and this year has being a little choppy when concerned about it. Else till last year people who have made huge money is through this format only. Even all the big players say that when other are selling you should be buying and vice versa to make money.
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btc-room101
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December 03, 2018, 09:45:57 AM |
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If you are a real trader then I think you understand what "buy the dip" means because you trading in the volatilities of bitcoin to earn some profits. But if you are one of the investors who bought at the height of its price last december 2017 then this present situation might no longer good for your investments because the price continues to go down. No one knows when will bitcoin go up like last year again so if you still believe in bitcoin then continue to hodl.
Trading volatilities in bear market is dangerous, as most here only know bull-market BTFD The problem with BTC is that its like a stock that has been de-listed and its founders have been arrested, there is no point to BTD when there is no future in sight, no floor in sight, or no buyout in sight; In these kinds of markets most people just move on and return when there is some mean-reversion; BTC has a lot more DOWN, and little HOPE of up. There is no point in arb-trading, or volatility trading when there is no norm to gauge your bands, BTC is down some 90% and its continuing to go down, as all cypto has no new money flowing in, We just came out of parabolic-rise, they always end in collapse, most of these rises take 20-30 years for people to come back in, and bring the asset to its last top; People are being way to impatient here, it could take years before BTC even finds its new floor.
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butcherme
Member
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Activity: 368
Merit: 18
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December 03, 2018, 10:04:12 AM |
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Buying dip isn't a losers strategy they are only taking the risk in order to gain profit, Besides it is how they want to play it we all have our own way on how we would earn in crypto currency.
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Babyjamz3026
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December 03, 2018, 10:04:31 AM |
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Bitcoin is not strictly a bubble because everyone was told from the beginning that its survivability depends on the demand for it. This demand being hype and people believing in it. It's much like divine power in D&D, the more people believe in a god, the more this god has over the lives of his or her believers.
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nicster551
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December 03, 2018, 10:09:38 AM |
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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! Truly is a wrong advice for everyone to do in a bear trend since you'll never know when will it come back.
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freightjoe (OP)
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December 03, 2018, 01:23:51 PM |
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Looks like we got a hater here who bought at a 19k usd price. That is so sad.
Anyway, you could always wait if you are that patient but I dont think you are since you are way taken by your madness now.
Could it be that you have already sold your bitcoin in exchange for a dusty altcoin just so you could come back.
I do buy the dip and I dont regret it every single penny I used for every satoshi I can accumulate.
You are just too much in a hurry for your ROI which will never happen even in 5 years.
You will probably be better off the crytpo industry.
You surely are not too bright. I have warned against this ever since the peak - and all warning have been correct. Only fools such as you ignore it and choose to live in a delusional bubble not willing to admit you have lost your money
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bitfocus
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Activity: 532
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December 03, 2018, 02:00:03 PM |
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buy the dip is profitable from a investor's viewpoint, especially, when such an investor has huge idle cash, and he/she is in deep into investing. but for others, buy the dip is suicidal especially for the traders and those people who bet like hell on the investment.
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