Buy the DIP, and HODL!

[JayJuanGee]

This is the best opportunity to buy cryptocurrency, because nobody who will put his money into cryptocurrency now by buying a good coin that will not make it when cryptocurrency rise's and not to buy altcoins that the value is not really recognize and the market level will be strong before buying any and hold for years and for expectance of bullish market and will not make it. Because the secret of cryptocurrency is that before you buy and hold make sure that the market is rough as cryptocurrency market is very annoying and not understandable, and have the target the cryptocurrency increment to make your Profit.

Fuck shitcoins.

You did not use the word bitcoin at one place in your post.  Maybe you want to re-write your post so that we know what the fuck you are talking about.

This thread is about bitcoin; remember that when you re-write (or edit) your post (if you choose to do so).

I will give you another hint.  There are no shitcoins that you can presume to be good to buy on the dip, so don't even come back and attempt to distract us with some nonsense in regards to how this or that shitcoin should be bought on the dip.. even if coincidentally we do know that some shitcoins may well have pumpamentals, but that does not really make them to be a long term investment, a buy on the dip investment or even a DCA investment... did I say fuck shitcoins, yet?

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[Google+]

did I say fuck shitcoins, yet?

lol. did he never see saylor tweet. buy and hold are words of wisdom from saylor.

he should know saylor, saylor is bitcoin .hahaha

I'm not sure what he said. If he didn't buy btc at the $18k price point at the time of dipping sauce, he's really disappointed now

[minime0105]

This is the time to bitcoin and hold and wait for when it will rise. Since Bitcoin started falling and rising many is skeptical of bitcoin and especially buying it and hold for long term. But what i assumed that make people to be afraid of bitcoin is when the price is not stable. But instability of  Bitcoin price shows that Bitcoin has a plan either increasing or decreasing but people more like investors don't know that every step made by Bitcoin of good of bitcoin.

[Wind_FURY]

Self-custody/self-sovereignty over your own property, and censorship-resistance are Bitcoin's main value propositions. This ground-breaking feature has NEVER changed with Bitcoin either trading at $60,000 OR $10,000.

I believe in a few days, I might change the topic's title back to "Buy EVERY DIP, and HODL"! It might currently be another one of "those situations" in a bear cycle again.

[JayJuanGee]

Buy my Dip $19400 and hold it until I determine the right one.

Bitcoin has started to crawl this is a good sign for me a holder who wants to continue going up, but I always imagine the positives and not to panic when it drops again, for me it is already low with my Dip to from the bottom, but we will be stronger until the end of the year even I think this holder should be able to survive.

if only you can be patient a little of course you will get a better value maybe in the range of 17-18k.
hope you get to the big one, Now bitcoin is on its way down again.
But this time I hesitate in terms of investing in bitcoin with today's world economy

We can never know how long BTC prices will stay in these price ranges.  Of course, the price could go lower, but going lower is surely not guaranteed and never is guaranteed.

Right now we are decently below the 200-week moving average which is currently at nearly $22,600.

https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

In 2015, the BTC price ended up staying close to (mostly a little bit above) the 200-week moving average in the mid $200s for about 8-9 months.

In late 2018 and early 2019, we ended up staying close to (mostly a little bit above) the 200-week moving average for about 4.5 months.

[salad daging]

if only you can be patient a little of course you will get a better value maybe in the range of 17-18k.
hope you get to the big one, Now bitcoin is on its way down again.
But this time I hesitate in terms of investing in bitcoin with today's world economy

We can never know how long BTC prices will stay in these price ranges.  Of course, the price could go lower, but going lower is surely not guaranteed and never is guaranteed.

Right now we are decently below the 200-week moving average which is currently at nearly $22,600.

https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

In 2015, the BTC price ended up staying close to (mostly a little bit above) the 200-week moving average in the mid $200s for about 8-9 months.

In late 2018 and early 2019, we ended up staying close to (mostly a little bit above) the 200-week moving average for about 4.5 months.

It's true we never know being in the current situation it seems it will take longer what I expect, I only saw bitcoin prices go up and down but not sharply but I think it's time to buy because it's already low, if you want to go even lower then we will wait for what price target?
For me while there's money in my wallet to buy bitcoins to build up, this might buy a Dip but I guess we'll be feeling the lows again.

But I see in the chart the annual bitcoin ROI is more promising.
So I hold on to it more because I don't want to regret it like the previous year which had reached ATH $69k.


https://casebitcoin.com/charts

[JayJuanGee]

if only you can be patient a little of course you will get a better value maybe in the range of 17-18k.
hope you get to the big one, Now bitcoin is on its way down again.
But this time I hesitate in terms of investing in bitcoin with today's world economy

We can never know how long BTC prices will stay in these price ranges.  Of course, the price could go lower, but going lower is surely not guaranteed and never is guaranteed.

Right now we are decently below the 200-week moving average which is currently at nearly $22,600.

https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

In 2015, the BTC price ended up staying close to (mostly a little bit above) the 200-week moving average in the mid $200s for about 8-9 months.

In late 2018 and early 2019, we ended up staying close to (mostly a little bit above) the 200-week moving average for about 4.5 months.

It's true we never know being in the current situation it seems it will take longer what I expect, I only saw bitcoin prices go up and down but not sharply but I think it's time to buy because it's already low, if you want to go even lower then we will wait for what price target?
For me while there's money in my wallet to buy bitcoins to build up, this might buy a Dip but I guess we'll be feeling the lows again.

It's pretty damned rare that you are going to get any level of confidence assertions regarding either the BTC direction or even certainties regarding how far it might go in either direction.

My practices involve preparing for either BTC price direction (which means preparing for both directions at the same time) and also to have various practices in place depending on where I am at in my bitcoin journey in terms of BTC accumulation or maintenance.  Anyone in accumulation should be buying regularly through DCA and buying on dips, and to me DCA seems more important.

You can also have buy orders staggered at various places on the way down.  Currently I have buy orders that go down to about $13k, but I do adjust them from time to time, too.  When we were at $40k, I had buy orders going down to $20k, and I thought no way in hell that my buy orders down to $20k were going to get filled.. and maybe the ones down to $30k might fill but not the ones down to $20k.. but here we are, and several times I have had to make adjustments based on being in a place that I thought was pretty damned unlikely...

So in some sense, there could be some needs to be flexible and to go with the flow but also to have various systems that you can tweak and to not feel panic even if BTC prices go beyond expectations, and also sometimes you have to be prepared that they BTC prices might not go where you expect them to go.. and it is good to have plans for those kinds of possibilities too... and maybe to continue to adjust and tweak along the way.. depending on if time passes and maybe cashflow continues to come in or maybe anticipated cashflow dries up...

It tends to be a good thing to ongoingly adjust and tweak based on a variety of individual circumstances - including but not limited to cashflow, other investments, view of bitcoin as compared with other investments, timeline, risk tolerance, time, skills and abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.

But I see in the chart the annual bitcoin ROI is more promising.
So I hold on to it more because I don't want to regret it like the previous year which had reached ATH $69k.


https://casebitcoin.com/charts

Of course, price performance history does not guarantee future results, but surely it does seem that bitcoin remains amongst the best of current investment possibilities... even if we include real estate and other kinds of equities in the mix - including that it is a potential political target that may well be involved in the greatest wealth transfer ever.. but not guaranteed and on a personal level, even if we may well be continuing to study bitcoin as we are investing into it, we still have to be careful to not get too wedded to predictions having to come true in order to attempt to have investment strategies and plans that meaningfully prepare ourselves both psychologically and financially for a variety of possible scenarios... including that our latest crash (negative BTC situation) likely has to do with a lot of wide-spread practices of leveraging and hedging bitcoin in ways that were overly dependent upon the bitcoin price going up.. which caused systematic weaknesses and abilities to manipulate BTC prices down to cause damage to those folks were overly-leveraging (ie gambling rather than investing) for either flat BTC prices or up.  There are needs to manage risks with any investment strategy.. including when bitcoin is involved, too.

[minime0105]

Buying every dip is easy to say, but difficult to identify the dip (for me at least!)

Every time the price of bitcoin drops I am afraid of the point that it is going to stop or it will be ongoing for a long time. Looking at charts and trying to make my TA sometimes prove me wrong!

Everybody is looking at bearish time to buy so that when it stay long with the low price of buying it they will possess excessive again or profit that is why everybody is Rushing to buy bitcoin and the price is low and sell so that when you buy for the low price and the movie twice you will make a good profit for your investment that is why people that have money and people that does not have money lend money to invest in cryptocurrency so that when bearish market occur they be surplus profit

[JayJuanGee]

Buying every dip is easy to say, but difficult to identify the dip (for me at least!)

Every time the price of bitcoin drops I am afraid of the point that it is going to stop or it will be ongoing for a long time. Looking at charts and trying to make my TA sometimes prove me wrong!

Everybody is looking at bearish time to buy so that when it stay long with the low price of buying it they will possess excessive again or profit that is why everybody is Rushing to buy bitcoin and the price is low and sell so that when you buy for the low price and the movie twice you will make a good profit for your investment that is why people that have money and people that does not have money lend money to invest in cryptocurrency so that when bearish market occur they be surplus profit

We are not talking about selling here.

Furthermore, we are also not talking about shitcoins in this thread, so I am not sure why you are mentioning shitcoins.

[Wind_FURY]

Buying every dip is easy to say, but difficult to identify the dip (for me at least!)

Every time the price of bitcoin drops I am afraid of the point that it is going to stop or it will be ongoing for a long time. Looking at charts and trying to make my TA sometimes prove me wrong!

Everybody is looking at bearish time to buy so that when it stay long with the low price of buying it they will possess excessive again or profit that is why everybody is Rushing to buy bitcoin and the price is low and sell so that when you buy for the low price and the movie twice you will make a good profit for your investment that is why people that have money and people that does not have money lend money to invest in cryptocurrency so that when bearish market occur they be surplus profit

We are not talking about selling here.

Furthermore, we are also not talking about shitcoins in this thread, so I am not sure why you are mentioning shitcoins.

Always Buy only to HODL.

I believe the time is near my fellow HODLers. Have you seen Bitcoin's reaction to the "bad news" that inflation has increased again to 9.1%. It was a good reaction, a small surge indicating that we may have reached the bottom of the current bear market. Its final confirmation might be the end of this month. Wait for the next GDP announcement, negative or positive, if Bitcoin reaction good = Buy EVERY DIP, and HODL.

[Baofeng]

So currently the price is $20,880 as per preev. Just want to put it here just a place holder so that we can go back here when we hit the next bull run. Maybe that time we will be in the 6 digits and finally the S2F model will be vindicated, hehehe. Very cheap price and we can get a hold of it and then what the title says, HODL. There is no secret sauce here, just the old and traditional way of investing and have a lot of patience.

[tn211]

20k seems to be holding fine.
We may find resistance here during this bear market. But it will depend on the macro numbers. If they are really bad, i presume we can buy a lower and yes I will stack my sats.

[Wind_FURY]

So currently the price is $20,880 as per preev. Just want to put it here just a place holder so that we can go back here when we hit the next bull run. Maybe that time we will be in the 6 digits and finally the S2F model will be vindicated, hehehe. Very cheap price and we can get a hold of it and then what the title says, HODL. There is no secret sauce here, just the old and traditional way of investing and have a lot of patience.

Whether Bitcoin surges to six digits or not, Plan B's S2F is a predictive model based on a flawed assumption. The limited supply alone won't cause Bitcoin to surge to, and over six digits. But if we reach it during the next bull cycle, I expect PlanB to be more imsufferable. Hahaha. Plus you said it, there's no secret sauce. We can't outsmart the market.

[348Judah]

So currently the price is $20,880 as per preev. Just want to put it here just a place holder so that we can go back here when we hit the next bull run. Maybe that time we will be in the 6 digits and finally the S2F model will be vindicated, hehehe. Very cheap price and we can get a hold of it and then what the title says, HODL. There is no secret sauce here, just the old and traditional way of investing and have a lot of patience.

Whether Bitcoin surges to six digits or not, Plan B's S2F is a predictive model based on a flawed assumption. The limited supply alone won't cause Bitcoin to surge to, and over six digits. But if we reach it during the next bull cycle, I expect PlanB to be more imsufferable. Hahaha. Plus you said it, there's no secret sauce. We can't outsmart the market.

Obviously there's likely to be no much difference with the current orice this year not until we are fast approaching the next halving whereby there is much expectations for a bull run before or after the event, holding for now could be the best available choice to take.

[TravelMug]

So currently the price is $20,880 as per preev. Just want to put it here just a place holder so that we can go back here when we hit the next bull run. Maybe that time we will be in the 6 digits and finally the S2F model will be vindicated, hehehe. Very cheap price and we can get a hold of it and then what the title says, HODL. There is no secret sauce here, just the old and traditional way of investing and have a lot of patience.

Whether Bitcoin surges to six digits or not, Plan B's S2F is a predictive model based on a flawed assumption. The limited supply alone won't cause Bitcoin to surge to, and over six digits. But if we reach it during the next bull cycle, I expect PlanB to be more imsufferable. Hahaha. Plus you said it, there's no secret sauce. We can't outsmart the market.

Obviously there's likely to be no much difference with the current orice this year not until we are fast approaching the next halving whereby there is much expectations for a bull run before or after the event, holding for now could be the best available choice to take.

Still though, we want the price to go lower than maybe $10k? because that could be the threshold for some of us to really buy and hoard bitcoin for a long time or at least wait for the eventual bull run because the expectations is that we are going to see 6 digits regardless of what PlanB says. It's going to be huge return if it goes down that low. And we can't resist that price isn't it?

[DU18]

20k seems to be holding fine.
We may find resistance here during this bear market. But it will depend on the macro numbers. If they are really bad, i presume we can buy a lower and yes I will stack my sats.

In the last few months, the market continues to be hit by bears and the pressure on bitcoin in the market has made the bitcoin price drop to below $20K, indeed the bitcoin price is starting to look stable at the price of $20K but I doubt if bitcoin will stay at $20 long enough In near time, the frequency with which bitcoin fails to break through the existing price resistance actually boomerangs for bitcoin and makes it go back down, and I think we might see bitcoin price drop back to $18-19K if bitcoin is not able to hold on to $20K in the near time.

[BobK71]

To fulfill the desire of any general investors, i think there is no alternative option but to hold. Holding and trading both are risky but buy from the dip is less or we can say comparatively risk free investment. The current BTC price is 70 percent lower than before, which I can definitely refer to as a dip. With the current price just above $21k you can buy it as a dip only when it goes above $19k.

[Baofeng]

So currently the price is $20,880 as per preev. Just want to put it here just a place holder so that we can go back here when we hit the next bull run. Maybe that time we will be in the 6 digits and finally the S2F model will be vindicated, hehehe. Very cheap price and we can get a hold of it and then what the title says, HODL. There is no secret sauce here, just the old and traditional way of investing and have a lot of patience.

Whether Bitcoin surges to six digits or not, Plan B's S2F is a predictive model based on a flawed assumption. The limited supply alone won't cause Bitcoin to surge to, and over six digits. But if we reach it during the next bull cycle, I expect PlanB to be more imsufferable. Hahaha. Plus you said it, there's no secret sauce. We can't outsmart the market.

Well he will obviously adjusted it already, to fit a perfect model so that it will be the target again, hehehe. Yep, in the years that I have been here, (early 2017, seen the bull run then bearish, then the cycle repeats again), I would say that we can't outsmart and fight the market, the pattern = true again, so now we are in a bear market and it might take years again before we can fully recover and yeah, 6 figures will be the target next.

[JayJuanGee]

To fulfill the desire of any general investors, i think there is no alternative option but to hold. Holding and trading both are risky but buy from the dip is less or we can say comparatively risk free investment. The current BTC price is 70 percent lower than before, which I can definitely refer to as a dip. With the current price just above $21k you can buy it as a dip only when it goes above $19k.

Well, if you have a long term view of bitcoin in terms of assessing its value and its current price as compared with possible future prices, then you are not necessarily going to give too many shits about whether it has reached the bottom yet or if you need to have some evidence of confidence to buy on the way up.. which surely is a quite a bit different mind frame than buying on the dip.

So part of the assessment that anyone would need to make is in regard to where they personally are at in their BTC accumulation stage, and of course, if accumulation targets have largely been met or exceeded then waiting around for more dip, HODLing and/or waiting for UPside confirmation might be reasonably prudent strategies, but if someone is just getting started in BTC and/or is way under accumulated (under allocated in BTC), then they probably need not be fucking around with contemplations about whether going back up is confirmed or not.. so DCA and buying on dips would be ongoingly good strategies for anyone in a position of low or no BTC accumulation.

By the way.. if you had not noticed, on a personal level, I am not very much of a fan for buying on the way up for anyone.. even though I know some folks do it.. but I would think that those guys tend to end up leaving a lot of value on the table because there sure are not very many folks who are decently good at making money using TA methods... so in bitcoin, the goals should be assessing your own personal financial circumstances and striving for reaching some target BTC accumulation levles.. and of course if the timeline is 4-10 years or longer, then likely you are going to be in good (and even better) shape than trying to employ tactics that try to time the market.. including that buying on dips may well be a technique that only supplements rather than replaces DCA.. at least in the earliest of the BTC accumulation stages (before reaching some personally preset target BTC accumulation levels).

Edit:  One more point that may well deserve reiteration/emphasis is that how the fuck would anyone consider that $21k might be some kind of confirmation that either the bottom is in or what it is a good point to start accumulating BTC if your goals might be to confirm that the bottom is in.

Sure, I admit that I am not any kind of expert when it comes to making those kinds of calls, but we seem to be having way too many things going on if there is some kind of assessment that supra $21k is some kind of confidence point.

Another thing is that I don't really like to fuck around with short term calls anyhow.. even though historically we can see all kinds of examples in which bottoms do not end up being in, even if there is a decently sized upwards recovery.. so we could get up to $25k or even $30k and still not have a whole hell of a lot of confidence that the bottom is in for sure or with any kind of confidence.

Some of us might have appreciated that once bitcoin prices went below $35k in mid-May 2022 and did not immediately recover.. there were pretty strong indications that we were confirmed to be in a bear market.. so how do we get out of that?  Do we need to get back above $35k or would $30k be enough?  $21k does not seem to even be close to enough, unless we are talking about trying to trade short term ups and down in BTC price - which surely is not the topic of this thread.. and the reason that we might want to talk about larger trends is not necessarily to trade them, but instead to attempt to figure out buying the dip strategies.. or maybe how buying the dip might meaningfully supplement DCA for those people who are have reservations in regards to how much reliance to give at all to how much of a dip is enough of a dip to buy more or to have some fears of running out of money or how to balance the amount of money that is held in reserves for buying at various dipping points (no one really feels so good to run out of money if they keep buying the dip but the BTC price keeps dipping).... Not even our fearless leader Wind_FURY  (hahahahahaha.. I had to do a little name-dropping, just for funzies).

[Falconer]

So part of the assessment that anyone would need to make is in regard to where they personally are at in their BTC accumulation stage, and of course, if accumulation targets have largely been met or exceeded then waiting around for more dip, HODLing and/or waiting for UPside confirmation might be reasonably prudent strategies, but if someone is just getting started in BTC and/or is way under accumulated (under allocated in BTC), then they probably need not be fucking around with contemplations about whether going back up is confirmed or not.. so DCA and buying on dips would be ongoingly good strategies for anyone in a position of low or no BTC accumulation.

I would probably be happy if during this bear market I could buy more bitcoin on dip. It is really a wish that I have considered and it is true that 30% of my monthly income (outside the forum) I dedicate to investment. Buy on dip is a great strategy for anyone who is targeting long term profits, honestly I would like to have more bitcoin with this strategy and I am on my way now.

It would also be wise not to always think about small gains in the market. No need to think about selling it too fast even though in 1 year we have seen 50% profit, it's about long-term targets that might be an investment for more than the next decade.