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thecodebear
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January 15, 2019, 08:30:00 PM |
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So basically the OP had never heard of Bitcoin before 2017 and his entire argument is dependent on the current temporary bear market.
Buy the dip has always worked for Bitcoin. If you ain't buying the dip you're missing out on making a lot of money.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Oceat
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January 15, 2019, 10:26:34 PM |
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So basically the OP had never heard of Bitcoin before 2017 and his entire argument is dependent on the current temporary bear market.
Buy the dip has always worked for Bitcoin. If you ain't buying the dip you're missing out on making a lot of money.
Seems like OP is not happy about this bearish market which makes him whine because he can't spend it yet instead of buying. The year 2017 was the time of bullish market and yet after a new year in 2018 the market went down back to where we are right now, it goes deeper and deeper until it meets the bottom. |
3996
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gabmen
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January 21, 2019, 05:01:18 PM |
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So basically the OP had never heard of Bitcoin before 2017 and his entire argument is dependent on the current temporary bear market.
Buy the dip has always worked for Bitcoin. If you ain't buying the dip you're missing out on making a lot of money.
Seems like OP is not happy about this bearish market which makes him whine because he can't spend it yet instead of buying. The year 2017 was the time of bullish market and yet after a new year in 2018 the market went down back to where we are right now, it goes deeper and deeper until it meets the bottom. Lol. I wonder when's the best time then? Follow the buy high sell low principle? Something that a lot of newbie traders have been heeding all throughout 2018 😛 |
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bitcoin31
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January 22, 2019, 02:09:31 PM
Last edit: January 25, 2019, 01:50:16 AM by bitcoin31 |
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We have different startegy and it's up to you and it's up to me what startegy did I follow when I think what is the best for my money. Startegy is not always work depends on the situation. Strategy means giving you possible earn bur better to learn what is tsrategy is best for you and profitable.
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Cherylstar86
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January 22, 2019, 10:42:43 PM |
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We have different startegy and it's up to you and it's up to me what startegy did I follow when I thibk what is the best for my money.
Probably if that's the best strategy to buy during the dip, then why not grab the opportunity. Besides, if we do have a stagnant money which used by the banks and you've earning very low interest annually maybe it should be used for crypto investments buying promising coins while the dip was still there. Nothing wrong investing during bearish market as long you'll be able to hold it for longer terms, and don't listen to those bashings saying it's a loser strategy. Once you're going to be successful everyone of them will be shutting they're mouth off. |
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eann014
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January 23, 2019, 11:05:50 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.
At 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, it is true but bitcoin gets low value not just only because of those whose selling their bitcoin when the price is in good value. It is also because of those scammers who make business to those big investors who believe to those scammers that their money will get double or will get triple. Yes, we buy in dips because we believe that it is really a good time to buy or to invest but we don't have any assurance that bitcoin value will get back again so that, you are saying that many people are fool, well, it is already their decisions and strategy to get profited when it comes in investing or buying bitcoins. I don't see that they are losers in that strategy or decision that they make. It is what they want so lets just respect them and make your own strategy. |
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Naida_BR
Member
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Activity: 980
Merit: 62
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January 23, 2019, 12:36:29 PM |
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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 not in fond of the "Buy the dip" strategy. I never do it because as you said you never know which is the 'Dip'. However, I believe that the price is going to pump again (i don't know if this is going to happen as the old standards and reach $20k but it will pump). There is a lot of amount of people that is still not involved in crypto and they don't know how the ecosystem works. |
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BUK2016
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January 23, 2019, 02:23:36 PM |
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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
Your analysis only center on demand pull inflation without taking some other factors that was among the factors that led to increase in the market value of Bitcoin and crypto currency in general. |
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yugo23
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January 23, 2019, 04:22:01 PM |
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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.
Cool so no pump from now on? Then it means stable price as BTC inflation is ridiculously low. So even if adoption was not growing (which is wrong, adoption is increasing right now) price should still move up. Well I'm glad to buy the dip. But do as you want. just don't come crying once we're at 100k  |
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BLAST2MARS
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January 23, 2019, 04:53:31 PM |
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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
Not totally. Any moment, the sentiment can change with just a couple of good news. That's what those folks who buy the dips are waiting for. Their mindset is that every new levels of low is an opportunity to hoard more and then wait for that right moment where everything is reversed. |
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maxreish
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April 07, 2019, 02:29:15 AM |
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That's what beginners thought about bitcoin. I was once a noob and that was what I believe before. Not until I discover technical analysis. And yeah you were right, if it hit the lowest price it just means that it is possible that it will have another dip. And we can not blame newbies in cryptocurrency. We all experienced being noob before and i must say that it is a part of growing up in crypto world.
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Malsetid
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April 08, 2019, 03:29:02 PM |
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That's what beginners thought about bitcoin. I was once a noob and that was what I believe before. Not until I discover technical analysis. And yeah you were right, if it hit the lowest price it just means that it is possible that it will have another dip. And we can not blame newbies in cryptocurrency. We all experienced being noob before and i must say that it is a part of growing up in crypto world.
Sounds like a better plan for me though than follow fomo. Even if you do TA, it'll always end up better when you when the price drops. Even if it does drop some more. They key is to have an exit plan as well that's well above the amount you bought in. It might sound cliche but i don't think it's a bad idea to get in the market during low value times. |
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Indamuck
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April 08, 2019, 03:42:54 PM |
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Buying the dip is a smart move but you should never go all in on any price level. Always keep some cash available and level in your buys in case it drops lower.
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Adriano2010
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April 08, 2019, 04:08:10 PM |
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Buy the dip can be a good strategy for bitcoin when price goes low and low and for other top coins, as someone say on their video buy on red sell on green and this can be a win strategy and people can make profit for top coins.
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DeathAngel
Legendary
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Activity: 3108
Merit: 1598
#1 VIP Crypto Casino
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April 08, 2019, 04:10:12 PM |
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Stop bumping this asshole’s threads. He’s a troll & loves to ridicule bitcoin. This thread needs to be nuked.
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