look at this article bitcoin at 5.5k and they still called it a "dip"

[pooya87]

articles from the shitty news sites are never worth reading or quoting. it doesn't matter even if they are correct from time to time.

in this case $5.5k is indeed a dip and an excellent opportunity to buy bitcoin. what newbies like OP don't yet know about bitcoin is that it is volatile but it is always rising in the long term. in other words $5.5k of this year is exactly the same as $250 of 2015. that price was also a dip and an excellent time to buy bitcoin despite the fact that price dropped 40% afterwards which was the volatility but none of those who bought in that dip cared about the following drop just like now those who bought at $5.5k don't care about this follow up drop.

[Jocuserious]

I have nothing to worng buy/sale Bitcoin $4.1k more have been good opportunity and I guess that you can trying continue your buy/sale , trading and investment planning.2017 last year Bitcoin value going to good volume but now I have forget it. because Bitcoin value and market always unstable.im catching now trading & buying lower/higher does not matter with me.even I don't called them come back again Bitcoin value huge, because it will increase anytime.

[Slow death]

they will always call it a dip or bear market and never even consider it being a collapse or trend change.

those that belived those crappy articles and recommendations lost almost 30% value till today, within just 2 weeks

you decided to make a political campaign against bitcoin, your thread is not about articles and what those news channels post, the purpose of your thread is for people to stop believing in bitcoin and this is why you do not believe in bitcoin, but you believe in altcoins because it would be a form of opposition to bitcoin. About the news site that you posted, check this:

How buying the dips works


1. Start by buying incrementally as the prices go down]. Aim at creating an average position and buy some more as the price decreases further.[/glow

2. You can wait until the price settles or even shows signs of recovering and buy at that point.

3. You can set buy orders at lower prices which are lower than current prices and wait for them to fill. A strategy that works well is setting buys just before historic support levels. They are also known as psychological levels. Prices tend always to bounce quickly once they hit these levels.

By reading this article you can see that he is giving good advice, but you are creating a thread so that people think the opposite and you are doing it because you do not like bitcoin

[VaLeRaaa]

Those who bought bitcoin for 15k can not look at it calmly. You can put a warrant ladder, in increments of $ 500 and buy buy buy buy.

On December 2, CCN reported that if the price of the dominant cryptocurrency falls below the $4,000 mark and fails to recover to the $4,200 to $4,400 range, then a further drop to the mid-$3,000 region can become a possibility.

The report read:

“A technical analyst with an alias ‘The Crypto Monk’ stated that if BTC sustains the $4,000 support level in the next 12 to 24 hours, then a rebound to the $4,200 to $4,400 range is possible. But, if it falls below $4,000, and it was close to doing so earlier in the day, another short-term correction could be in play.”
https://www.ccn.com/bitcoin-price-falls-to-3900-after-poor-weekend-crypto-market-loses-12-billion/

[KingScorpio]

Those who bought bitcoin for 15k can not look at it calmly. You can put a warrant ladder, in increments of $ 500 and buy buy buy buy.

On December 2, CCN reported that if the price of the dominant cryptocurrency falls below the $4,000 mark and fails to recover to the $4,200 to $4,400 range, then a further drop to the mid-$3,000 region can become a possibility.

The report read:

“A technical analyst with an alias ‘The Crypto Monk’ stated that if BTC sustains the $4,000 support level in the next 12 to 24 hours, then a rebound to the $4,200 to $4,400 range is possible. But, if it falls below $4,000, and it was close to doing so earlier in the day, another short-term correction could be in play.”
https://www.ccn.com/bitcoin-price-falls-to-3900-after-poor-weekend-crypto-market-loses-12-billion/

well social media is no ones friend in these dark days, thats what i wanted to point out.

[KingScorpio]

https://www.cryptolinenews.com/2018/11/crypto-investors/

in this article they called bitcoin being in a dip while it was at 5.5k there are no reasonable analysis or recommendetions here is all purely agenda driven, so there is no reasoning possible.

they will always call it a dip or bear market and never even consider it being a collapse or trend change.

those that belived those crappy articles and recommendations lost almost 30% value till today, within just 2 weeks

regards

See a lot of us have been here for the last market cycle. Have you been here for a full cycle? What do you think of stock charts that are similar to Bitcoin? AMD went from $32 to $16 quickly, is AMD collapsing?

How about Nvidia, they grew 1,064% in five years and dropped from $292 to $133 since late September, is Nvidia collapsing?

It's a market cycle things move and are rarely stagnant. Don't be into investing if you're scared or change.

the market cycle thing is what you want to belive, what you want everyone to belive, a loss in support, is what you cant accept a possibility and we will see how it will turn out, i personally dont belive its just a market cycle its a loss in support.

[dohh]

https://www.cryptolinenews.com/2018/11/crypto-investors/

in this article they called bitcoin being in a dip while it was at 5.5k there are no reasonable analysis or recommendetions here is all purely agenda driven, so there is no reasoning possible.

they will always call it a dip or bear market and never even consider it being a collapse or trend change.

those that belived those crappy articles and recommendations lost almost 30% value till today, within just 2 weeks

regards

What can I say... Stop reading influenced media. What do You expect to read from crypto-enthusiast source? That it is a scam and will end like on?

[Vinz1978]

"DIP" is relative, depending on which reference point are we talking about. If we gonna consider the higher price such as %7,400, then $5,500 might be called "dip" at that point. But, since bitcoin price drops further, then $3,500 is also a "dip" with reference to $5,500. If you're referring to the floor price, it is better called "bottom".