"Buy the dip" is only a strategy for losers

[shesheboy]

Nobody knows for sure where a buttom of a dip is, so if the price looks good enough for you and you feel that it can raise in the future and bring you a nice profit, just "buy the dip".

What you are telling is true but you have to see the market and when ever you see the market is going down more like 5% or 10% then it is good time to buy as it will surely bounce back at least 2 to 5% back up and this way you can trade and lower your purchase price. This is the only strategy working in buy the dip

5% to 10% is only small and cant be considered as a dip  . a real dip can drop for about 40 to 60 percent . that was the perfect time buy because you can surely save a lot of discounts and you are not also a loser after you do this  because a real user is someone that doesnt grabe this perfect oppurtunity  . other loser is the op of this thread because he is a bitcoin hater  .   i know that he will soon regret and  he will eat his words   .

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[Ezenwanyi1]

You are actually right in your submission.
I joined crypto second quarter of 2018 and I can say the worst mistake I made was believing that buying the dip is a strategy for making good progress in the cryptocurrency space.
I lost my capital in that singular action.
I still regret that till now .
I bought the coin at $1 because I heard it's the dip.
After some time, I noticed that the price is $0.002.
It's so frustrating.

[daweller1]

https://www.youtube.com/watch?v=0akBdQa55b4

[treatWy]

Strategies matters to analyze the market whether in deep position or in high.
It is not about obtaining others opinion and emotion.
Buy when deep is good strategy but still risky because the question is it is the last deep before increase happen?
It is also depends on what coins.

[Nnedaddy1]

It's true, buying the dip is not a good market profit making strategy these days.
Prior to 2018 , I believe buying the dip is one of the cryptocurrency investment golden rules until 2018 made a mess of that rule.
Now, no one is even sure if you are buying the dip or not, in fact, there is nothing like a dip again because each dip has a lower and more lower dip.

[don_ricci]

I think that not everyone understands about market, what it is. The market always goes in waves, after rapid growth, there is a decline. After a recession, growth will start sooner or later. And so on. THIS IS AN AXIOM! It cann't be otherwise. If you need specifics, then the best thing you can do now is buy Bitcoin (after breaking the whole amount in parts, buy for about two weeks, for example). You can also buy a portfolio of other currencies, it will not be superfluous. I repeat - Bitcoin will rise again in price, it is only a matter of time.

[Rajamuda]

No need to be a problem about that, because basically everyone has a different comprehension and perception of what is happening and has happened, here in bitcoin we certainly cannot ascertain something that it will remain in lowness, we don't know yet and in fact everything cannot be ascertained until it says easily that it will continue to decline or other things that can be said that will continue to weaken, it's not necessarily, often in a life that we don't know yet.. it will happen and surprise.

[Johnzky]

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

rr
Seems like you’re an all time loser everytime you intend to buy bitcoin lol

Calling bitcoiners a fool means you hve not ever bought a single bitcoin?if does then you here just to make this Fud since then?

Common man grow up,this is the future currency stop fooling yourself

[ChangeNOW]

If you take a look at the market, you'll see that the highs and lows come in cycles. This way, buying the dip is the smartest thing you can do.

[johnny508]

Buying the dip is the smartest move someone can do in these days and I don't understand why many think that BTC will never get back its right price because it is becoming successful day by day and anyone think otherwise should really learn from the beginning about BTC and its prices went down due to the uncertainty that people had regarding it and this is mainly because many news and media companies who only show negative things regarding bitcoin and that is the main reason why majority of investors and traders don't believe in there investments these days but I hope this situation will change in the future with with more bitcoin into business adaptation and increase of usability which might take some time but possible to happen that is why we can agree that this is just the beginning for bitcoin and its future progress

[Snyderfx2]

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

You might have such views regarding bitcoin based on your journey and experience with bitcoin but what I think buying the dip which is specially this period of time is the best things that can done by an investor or a trader because the income margin they can gain from a single investment is very high but some chose to leave the market instead of taking an advantage of the situation so bitcoin tends to fall but in the near future definitely they will understand what they have left because bitcoin is definitely progressing so any long term investor who purchase after the dip can make huge income if they have patience and confidence

[hxtop]

Bitcoin was on free fall in 2018 and everybody accept that. Since bitcoin over-priced in the late of 2017, there was a big buble on prices and this caused a continous fall in 2018. It was a gradual fall and nobody was expecting this price which we have now. It doesn't say that buy the dip strategy is wrong and we can only say that this strategy has been abused very well by manipulators during 2018.

[DAVETUN]

The dip is always the place to take advantage of and  invest, BTC is a currency of the future and now, beyond the number of investors on the increase, I forsee that in the near future when BTC will be use as a form of currency, this will definitely pump the price, when the number of use increase it will have a positive impact on the value.

[FedorIzmailov]

no need to buy bitcoin in a bear market as most likely you will lose your money

[Yamifoud]

no need to buy bitcoin in a bear market as most likely you will lose your money

You're certainly not a trader nor have interest with the market. There's always money around crypto even we are in the bear season,  only you have to strategies and find ways for that.  Buying high potential coins is a smart choice, keep it for awhile and you'll see it makes you profitable when market turns into bullish trend again.

[Johnzky]

no need to buy bitcoin in a bear market as most likely you will lose your money

You're certainly not a trader nor have interest with the market. There's always money around crypto even we are in the bear season,  only you have to strategies and find ways for that.  Buying high potential coins is a smart choice, keep it for awhile and you'll see it makes you profitable when market turns into bullish trend again.

For sure he is not a trader or even a cryptonians,what he is just a stupid buyer or spectator that on waits for the pumping season to gain profit and dont wanna risk their money into more beneficial ways,in short he knows nothing about the cryptocurrency movments and abiut the volatility of this currencies.

This is the perfect time of buying bitcoin because the bottoming is indeed,and you can’t have this chance when the prices starts to gain each potential again

[South Park]

no need to buy bitcoin in a bear market as most likely you will lose your money

You're certainly not a trader nor have interest with the market. There's always money around crypto even we are in the bear season,  only you have to strategies and find ways for that.  Buying high potential coins is a smart choice, keep it for awhile and you'll see it makes you profitable when market turns into bullish trend again.

I do not know why some members in the forum seem unable to grasp that concept, just because we are in a bear market it does not mean you cannot get profits, it is harder to do than in a bull market but it is possible, this is why one of my beliefs is that a true trader shows his ability during the bear markets and not during the bull markets, since in a bull market it seems that everyone is making money, even those with almost no knowledge about the market.

[iv4n]

Entire thread is filled with some comments that have no logic. "Buy the dip" is the best moment for buying, you feel lucky when you buy and turns out to be bottom, but the one who always buy on the dip is the luckiest person in the universe, or manipulator. Learn the basics before you start doing something!!! It`s even very easy to find definitions about trading:

What is resistance and support in trading?
In market technical analysis, support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse. These levels are denoted by multiple touches of price without a breakthrough of the level.

A support or support level is a financial term that refers to the price level that historically a stock does not fall below. Buyers tend to purchase the stock at this level.

If price broke your support, buy support is what you do. You need to touch that bottom, maybe you will hit it sometimes, but many times you will buy and price will drop more, buy more.
Crypto is new ground for many people, price is doing the same thing for years, but guess what numbers are just getting bigger and bigger, make your own conclusion.

[Biscutard]

That's why some have to ask the real bottom instead of buying the dip because it will not getting any especially if the market is still in the bearish trend. But it is better to just buy something while it is still in dip rather than buy when it is almost at the peak, we never know how would the market move without us noticing it. Though it can be shown in the chart after that movement.

[arpon11]

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

Of a truth I am not in support of this buying the dip phenomenon and I prefer trading base on technical and fundamentals issues.  Traders are lossing money because of buy the dip and when bitcoin goes down further they have to buy again and further increase their loses.  I strongly believe that that is the major reason why we are having a very bad trades and the reason why Many traders are always in red.
The best way to trade is to buy at the right time and sell at the right time by using the technical and fundamentals indicators.