"Buy the dip" is only a strategy for losers

[anitaraymonds]

Bitcoin price is never stable rather volatile. There has been a war on cryptocurrency by the government of the world who are bent on making sure that the cryptocurrency dies. The attack since the beginning of the year has been responsible for the crash in the market price of bitcoin throughout the year. It is true that there is another dip in waiting once a new dip is made. But there is always a price correction which will push the market up.

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[Fluxtorrence9]

People are missing something about bitcoin and other popular coins out there,they will always rise and fall ,this way is the only way to keep things balanced ,so if bitcoin hits 1000$ again I won't be surprised and a year or two later it hits 40,000$ I won't be surprised either ,buying the dip is not bad as you said ,infact its always better to buy the dip to get more sat

[Sadlife]

I dont care if they call me a fool or retard for investing in crypto currencies. If you truly believe that bitcoin or crypto's will fail well that's fine but for us believers we dont just put faith in something that we have no evidence or analysis that it will pump. For example the nasdaq and fidelity companies are joining in bitcoin next year so bettee be ready who might fools today cause they may become millionaires tomorrow.

[plr]

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

Sounds like you are a pessimistic about Bitcoin returning to it's highest price and disregarding all the experts are predicting, it's still every man for himself, because the price that we expected to see at the end of this year is not happening and even going down, this is reason why people are on a wait and see attitude.

[Painbird]

my opinion  is if expect  bitcoin always  going  to up then it's  your mistake . up & down is a part of system  of crypto market. so I called  that  this moment  is cheap but not to need frustrated . this time to buy some bitcoin & after  1 year latter  it will be became  big one.
thanks

[Hivalley]

As much as you can afford, you really have to accumulate more of coins volume. You never know where will Tgis investment will bring you,

This is something the OP has to pay close attention to,this network to me is always about the long term benefit,looking for short term return on investment doesn't always come out well
And who says new individuals are not getting to know and invest about the bitcoin,its popularity keeps spreading everyday,the more reason why it's totally rational to purchase in a dip,and hodl,not for a short time,but till when the price rises

[Red-Apple]

every year some newbie starts a topic like this and surely in a couple of months they all start crying about how they have lost the chance to buy bitcoin when it was cheap and regret listening to the FUD of some other bigger idiots like themselves.

[Wind_FURY]

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

I am quoting your post, and bookmarking it. See you in 2 to 3 years when Bitcoin is comfortably over the ATH of 2017 by a wide margin, ok?

"Buy the dip" is something that will make the "fools" rich.

every year some newbie starts a topic like this and surely in a couple of months they all start crying about how they have lost the chance to buy bitcoin when it was cheap and regret listening to the FUD of some other bigger idiots like themselves.

Not every year, but in every stage when the market has arrived in the phase of capitulation.

Buy the dip!

[BitHodler]

every year some newbie starts a topic like this and surely in a couple of months they all start crying about how they have lost the chance to buy bitcoin when it was cheap and regret listening to the FUD of some other bigger idiots like themselves.

Isn't that the beauty of this market? Smart investors buy right now, while the mass is panicking, and the mass will then buy up the market to crazy high levels by going full fomo when it's almost too late.

Seriously, the only reason the price broke through the $10,000 mark comfortably to hit last year's all time high, was because of the mass going full fomo. They didn't want to be the loser they have been far below $10,000.

To some degree I do feel bad for people, because no one deserves what's happening right now, but this isn't the kindergarten. Crypto's market is probably the most brutal market of the last decades.

[Finestream]

my opinion  is if expect  bitcoin always  going  to up then it's  your mistake . up & down is a part of system  of crypto market. so I called  that  this moment  is cheap but not to need frustrated . this time to buy some bitcoin & after  1 year latter  it will be became  big one.
thanks

Right.We only need more patience this time while waiting for the price to rise up again because if we chose to panic sell and then quit,you will surely lose a fortune i guess.I usually buy the dips depending on the budget i have,but i also make sure that my investment will not just fall on a single basket.I have learned to diversify them.

[mornabo]

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

Buy a Dip is only a way to recovered the lost money so we have to understand the situation there are time that we accept the reality. volatile movement of price is really not sure how we can earn a stable income but because of our effort and focus someday we achieve of our goal.

not a problem buying when dip, but only for the short term, do not hold too long and sell when the opportunity has come,
but when buying you also have to look at the chart first, whether the candle shows the price to go back up, even though it is small

[erikoy]

Yeah I feel you op. Watch later your thread will be deleted for some reasons that you are destroying the scam image of bitcoin. We are all upset and tired of waiting that something that bitcoin might had going to happen. People speculating too much and the result was clearly the opposite of the speculation. Now many are stuck.

[qiman]

The dip will only continue more and more so it is not always good to buy the dip unless you scale the dips and purchases over time. Many people have purchased in the dips already and now they are stuck and have no more income left to purchase with and even though we are going to go lower and lower, it does not always serve the purpose to purchase in the dips, especially when ti is in a falling knife mode. Now bitcoin is going down day by day and we will one day see under 100 billion market cap for the whole of the crypto soon.

[eagle10]

"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.

Yes, that's right. Many people even when the bull is obviously making waves, they are still making profit because they are real traders and know how to deal the prices when it goes down. That's why "buy the dip" is not for the unbelievers, and newbies because they don't know how to get advantage of the situation may it be in bull or in bear market.

[ict]

it is the most appropriate strategy for us. we will get a bitcoin at the lowest price level and we wait until the price rises again at the highest level. everyone must do something like that. we must be smart and intelligent in making decisions and must choose the moment to sell and buy.

[wdnj]

You dont need to buy the BTC at every dip.
You need to make sure that you are near the floor before buying.
IT is not a strategy for a loser but for smart people.
Those loser are buying the coins at top thinking that it will continue to grow and not thinking about the ceiling and might drop again.
Beginners think like what you said. sorry!

[bitfocus]

your statement is only true from a viewpoint of a trader, or from a viewpoint of newbie investors - hardcore investors think differently.

[gabmen]

it is the most appropriate strategy for us. we will get a bitcoin at the lowest price level and we wait until the price rises again at the highest level. everyone must do something like that. we must be smart and intelligent in making decisions and must choose the moment to sell and buy.

Lol. Problem is we don't know until when this dip will be. I previously thought that we can't go lower than 5k so i bought at 5.5k. It's a sound strategy and definitely not for losers but for people who believe in what they're placing their money on. You just have to be a little smarter in determining positions.

[izanagi narukami]

Some of trading cases may fit with those strategy but remember this is cryptocurrency , as we all know that bitcoin value always change unexpectedly so that's why the trading is riskier than ordinary stock exchange.

Personally, I think that the right moment to purchase bitcoin is on the end of the year 2018 and afterward there will be a momentum on 2019 that I believe , uptrending will happen !

~We Gain People's Trust Again

[mongkie]

" there are no more new fools to get into Bitcoin to ever pump it again."
i agree and disagree with you. first i agree that there will no fools to bitcoin again because most of the people who lost in the last year pump will be more knowledgable in the cryptoworld now and i dont think that will not lead to pump the market. the market will be flooded by people who are smart enough to buy this dip.