Buy the DIP, and HODL!

[Lembo69]

Bitcoin price on the dip, those who were waiting for the dip, this is the best

Good luck to those who bought Bitcoin taking advantage of this Bitcoin bear market.

Those who were waiting for the fall have the biggest opportunity to buy and hold now.

And if someone panics and sells in this market, they may make the wrong decision. They should focus on buying more and take advantage of the opportunity.

And it will be most effective and easy to increase DCA during this fall.

So buy as much as possible through DCA.

And for those who have reserve funds, this is a happy environment. And for those who do not have reserves, continue to invest as regularly as possible with discipline and
Buy as much as possible through DCA strategy.

The price is still very low (ATH)

And buying on the dip will sow the seeds for future wrong runs

[Jewan420]

The two combo ( DCA + Buying the Dip),  is honestly the best way of building a very very strong Bitcoin portfolio overtime...... Right  now we are again in of of those dip period, anyone who already has a DCA plan ( or even those have been waiting for the dip to buy), now is a good time to add more and more and more if you have the spare cash to do so, it's more like getting more Bitcoin at a discount rate. This shouldn't be a dulling moment at all 

It has not yet entered a bear market, it was just a decline. From my perspective, if it was below 100k, we could have called it a bear market. But now it is just a decline and this decline was not permanent at all. I am very surprised to see such volatility in the market, in just a few minutes the market touched $103k and very soon that price crossed $110k.

However, in such a short period of decline, not many people may have been able to take the opportunity to buy or panic and sell. Seeing the volatility of the market, the market may have started to move upwards before making any decision. In such a market situation, one should not panic at all, but rather look for and enjoy the buying opportunity. And never wait for the dip to buy, whenever you have prudent money, you should take the opportunity to buy.

[MarjorieZimmermanGinger]

The two combo ( DCA + Buying the Dip),  is honestly the best way of building a very very strong Bitcoin portfolio overtime...... Right  now we are again in of of those dip period, anyone who already has a DCA plan ( or even those have been waiting for the dip to buy), now is a good time to add more and more and more if you have the spare cash to do so, it's more like getting more Bitcoin at a discount rate. This shouldn't be a dulling moment at all 

Every opportunity should be seized if we want to build a larger Bitcoin portfolio, and we should do everything possible to achieve greater financial freedom. There's even no harm in holding back and not spending money on unproductive things to increase our Bitcoin investment percentage. The combination of DCA and buying when the price is down presents an excellent opportunity because both indicate potential momentum. Living simply first to build financial strength is the best path to a more promising future, and people must make sacrifices to achieve it.

[Nightwatchmare]

I hope you guys are doing what the title of this thread commands.
In these situations, it is hard to stick to the commandment, but also, in these situations, the reward is higher.
Keep calm.
Buy the Dip.
Hodl.

Investors in this thread know that Bitcoin investment is only profitable when they hold Bitcoin for at least 4 years, so i believe anyone investing in Bitcoin with the knowledge gotten from this thread will surely do what the title of this thread commands. If investors stick to the rule of using discretionary income to invest in Bitcoin, it will not be hard for them to stick to the commandment because they basically used the money they will not need to settle their expenses, and this is not the first time they have seen a dip happen in the market, so i believe the dip that just happened will not make them be a paper hand.

[mich]

Well I did buy the dip yesterday when price of Bitcoin did go to 110k. And now I have already made some profit with current price of more then 111k.
But for a me I am still going to hodl. So I will not think of the small profit I did make. I do want the correction to be over soon and we go back to the 'bull run'.

[sotelorene]

Well I did buy the dip yesterday when price of Bitcoin did go to 110k. And now I have already made some profit with current price of more then 111k.
But for a me I am still going to hodl. So I will not think of the small profit I did make. I do want the correction to be over soon and we go back to the 'bull run'.

I will advise or suggest you continue to buy more and HODL if you actually have the long term mindset because if you don't have the long term mindset you will definitely panic or sell at loss if the price continue to Dip before appreciating. And there is something I have discovered about Bitcoin, sometimes it test the ability or patient of investors what I meant by this is that sometimes when you buy Bitcoin at a given price and if you are hoping for it to start skyrocketing from that point, it will start to dip and at this moment it starts to dip if you don't have the long term goal you will panic and sell and so, I hope you are ready to see Bitcoin go any direction because it is a volatile asset.

[JayJuanGee]

Bitcoin price on the dip, those who were waiting for the dip, this is the best opportunity to buy and don't think that it will dip below this to your own price target if not you will miss the opportunity now. Those who are prepared for the dip are smiling and buying why weak hands will panic and sell. I have my reserve funds on ground and I have taken advantage of the dip to increase my bitcoin stash.

If you don't have spare cash, continue with your DCA, you might be lucky to buy when the price dips at a discount price, the most important thing is that keep on adding more stash to your portfolio and hodli.

Guys who are continuously DCAing will sometimes miss the dip, and they should not let that bother them.  They sometimes run out of money because they are already continuously buying, and it can be difficult to catch the exact dip or to know if the dip prices will last until their next money comes in.  Maybe every week they buy on Wednesdays or maybe they get their money on Wednesdays and so they sometimes will buy on Wednesdays or they might wait to see if there might be an opportunity to buy during the week.

Try not to get bothered by up or down movements in the price, especially if you are new and you are focused on building your stash. It can be distracting to get worried about the dip or to speculate that you had missed out buying on the dip because the BTC price was not dipping when you already had made your weekly BTC buy.

It can feel stressful during these times, yet if you already know that you are putting something like 10% to 15% of your income into bitcoin, and over 6-10 years maybe you would have invested 1-2 years of your income into bitcoin, and surely some of your earliest buys will have had been the most profitable, yet at the same time, you likely have many small buys over every week, and so 52 times per year and 520 buys over  10 years, and even though they added up to a lot of money, each one of the buys did not necessarily seem like a lot of money... Just do your best to figure out a comfortable balance, and there might even be some weeks that you do not have enough money to buy on those weeks, so these times can sometimes cause you to feel like you are missing out on buying opportunities.

[Loyang]

Well I did buy the dip yesterday when price of Bitcoin did go to 110k. And now I have already made some profit with current price of more then 111k.
But for a me I am still going to hodl. So I will not think of the small profit I did make. I do want the correction to be over soon and we go back to the 'bull run'.

What you are doing is a complete sign of a trader or a trader does this. You are inclined towards long-term investment first. Then maybe you will not be a victim or face such a situation. Because long-term is for the future, as in, you continue to buy consistently by adopting the DCA method until you reach the sign of building your portfolio with your discretionary income. If you continue to do this, you will not have to worry much about small declines. The risk of losing your money in long-term investment is very low.

If you look at the Bitcoin chart from the past to the present, you may understand why it is said to invest long-term or why everyone is leaning towards long-term investment. Currently, many big companies have decided to invest in Bitcoin for the long term and many companies are investing in Bitcoin and holding it for the long term. For example, Micro Strategy

[durg0319]

Well I did buy the dip yesterday when price of Bitcoin did go to 110k. And now I have already made some profit with current price of more then 111k.
But for a me I am still going to hodl. So I will not think of the small profit I did make. I do want the correction to be over soon and we go back to the 'bull run'.

Although the true picture is still developing, I believe your move demonstrates how short term traders respond quickly to price changes. Although a jump from 110k to 111k appears promising, the market is still giving conflicting signals, so it is too soon to declare a complete recovery. Quick bounces like this could simply be shortterm responses from buyers catching the dip, as corrections frequently take time to settle. More important is whether Bitcoin can maintain that level for some time or break higher with more force. At that point, the true trend change is evident.

[avp2306]

Well I did buy the dip yesterday when price of Bitcoin did go to 110k. And now I have already made some profit with current price of more then 111k.
But for a me I am still going to hodl. So I will not think of the small profit I did make. I do want the correction to be over soon and we go back to the 'bull run'.

Catch those dips since this is ideal thing to do and if we just HODL and didn't do anything since we are afraid for the movement there's good chance that we will missed those good opportunities that Bitcoin falls at current figures.

For sure everything will be temporary as the cause of this dump is just a threat of Trump to China.

Always the diamond hands will be the winners in this situation. Then those people think about stability will earn less and those who dump would provably cry later on if again Bitcoin would start to recover, this is not new on Bitcoin that's why I have strong confidence that pump will follow after this crazy situations happened.

[Platinumys]

The problem with some people is greed and mentality to get rich overnight which is not really bad but it becomes bad and wrong when what you are doing doesn't work that way. There are principles which one ought to follow in order to utilize and benefit what Bitcoin will bring in the long run. Most of the people who wants to get rich overnight most times end up becoming poor overnight because of greed I mean how eager they are to make money in just a twinkling of an eye. We should be very careful and know the kind of mindset and mentality we have.

You cannot become rich overnight, if someone wants to become rich overnight, then either he has to commit robbery or there is a big scam. If we want to earn money from something, then we have to invest time, labor, and money first. After making these investments, we have to wait for a long time. If we can do everything well, then we will gradually benefit from it, but no matter what we do, we will not be able to suddenly earn a lot of money from anything.

If we talk about investment, then an investor will never get a good return in a short time after investing a lot of money at once, so without running after these unnecessarily, we have to buy Bitcoin and maintain this continuity of buying Bitcoin. 
At first, it may be a bit difficult for an investor to invest consistently, but when he understands the fun of investing and when he understands that this investment will give him a very good return in the future or that this investment is a great strength for him, then he will be more serious about this investment and that investor will invest more and more in Bitcoin.

Now many people may ask that what is meant by long-term investment, first of all, if an investor is new to investing, he can start investing for a period of one or two years, when he can invest in Bitcoin continuously for this one or two years, then at the end of this period, he will not sell his investment, but he will think that I have been so successful by investing for two years, so if I keep my investment for another three to four years, then in the future I will have the possibility of making more money (I have only temporarily mentioned the term of one or two years for the convenience of an investor starting to invest). 

That is, it is important for us to start investing and to be serious about investing. Later, 'investing' will encourage us to make long-term investments.

[Silikiem]

Bitcoin price on the dip, those who were waiting for the dip, this is the best opportunity to buy and don't think that it will dip below this to your own price target if not you will miss the opportunity now. Those who are prepared for the dip are smiling and buying why weak hands will panic and sell. I have my reserve funds on ground and I have taken advantage of the dip to increase my bitcoin stash.

If you don't have spare cash, continue with your DCA, you might be lucky to buy when the price dips at a discount price, the most important thing is that keep on adding more stash to your portfolio and hodli.

Guys who are continuously DCAing will sometimes miss the dip, and they should not let that bother them.  They sometimes run out of money because they are already continuously buying, and it can be difficult to catch the exact dip or to know if the dip prices will last until their next money comes in.  Maybe every week they buy on Wednesdays or maybe they get their money on Wednesdays and so they sometimes will buy on Wednesdays or they might wait to see if there might be an opportunity to buy during the week.

Try not to get bothered by up or down movements in the price, especially if you are new and you are focused on building your stash. It can be distracting to get worried about the dip or to speculate that you had missed out buying on the dip because the BTC price was not dipping when you already had made your weekly BTC buy.

It can feel stressful during these times, yet if you already know that you are putting something like 10% to 15% of your income into bitcoin, and over 6-10 years maybe you would have invested 1-2 years of your income into bitcoin, and surely some of your earliest buys will have had been the most profitable, yet at the same time, you likely have many small buys over every week, and so 52 times per year and 520 buys over  10 years, and even though they added up to a lot of money, each one of the buys did not necessarily seem like a lot of money... Just do your best to figure out a comfortable balance, and there might even be some weeks that you do not have enough money to buy on those weeks, so these times can sometimes cause you to feel like you are missing out on buying opportunities.

Absolutely correct sir, dip buying should be done in readiness or how fully equipped you are in terms of the cash you already have prior to the dip to be able to take advantage of the dip and accumulate more in a discount price and not to rush into it simply because you feel you’re going to miss out in buying the dip and by so doing you end up borrowing or even using the money you’re supposed to use for your other financial obligations just so you can be able to buy in the dip. More so, for newbies or low earners who are still in their accumulation stage and are yet to meet their accumulation target, it’s advisable to focus more on trying to figure out a discretionary income to be able to accumulate bitcoin either weekly or monthly basis with the DCA method and hold for the long term goal and gradually build up their portfolio so that you don’t get be stressing your ass out and going into debts trying to accumulate in the dip when you know fully well that you aren’t prepared for it. Once you’ve been able to meet up with your accumulation target or even surpassed the target as you gradually build up your portfolio, it will be more convenient for you to save up some cash then in case the dip occurs in subsequent time, but before then the focus is to be able to figure out a discretionary income to use to accumulate bitcoin no matter the price either on weekly or monthly basis and hold for the long term goal so as to gradually build up your portfolio.

[cxtreenal]

Well I did buy the dip yesterday when price of Bitcoin did go to 110k. And now I have already made some profit with current price of more then 111k.
But for a me I am still going to hodl. So I will not think of the small profit I did make. I do want the correction to be over soon and we go back to the 'bull run'.

Although the true picture is still developing, I believe your move demonstrates how short term traders respond quickly to price changes. Although a jump from 110k to 111k appears promising, the market is still giving conflicting signals, so it is too soon to declare a complete recovery. Quick bounces like this could simply be shortterm responses from buyers catching the dip, as corrections frequently take time to settle. More important is whether Bitcoin can maintain that level for some time or break higher with more force. At that point, the true trend change is evident.

You can easily identify real investors in this sensitive period of the Bitcoin market. If the red candles do not affect you too negatively and do not create excitement for selling, then you are an investor with patience. There was no forecast of a market decline in a short time. After announcing to limit the export of important minerals from China, Donald Trump announced 100% tariff on China in retaliation resulting in a massive decline in the US capital market, which may have affected the Bitcoin market. I think this is a very normal thing in the trade war between major countries and the Bitcoin market will soon reach normal levels.

A few months ago, after Trump tariff announcement around the world the price of Bitcoin similarly decreased but within just a few weeks the price recovered and touched another ATH. The fall and rise of Bitcoin price is normal and part of an ongoing process in the market. Keep active DCA strategy long term.

[Tungbulu]

Bitcoin price on the dip, those who were waiting for the dip, this is the best opportunity to buy and don't think that it will dip below this to your own price target if not you will miss the opportunity now. Those who are prepared for the dip are smiling and buying why weak hands will panic and sell. I have my reserve funds on ground and I have taken advantage of the dip to increase my bitcoin stash.

If you don't have spare cash, continue with your DCA, you might be lucky to buy when the price dips at a discount price, the most important thing is that keep on adding more stash to your portfolio and hodli.

Guys who are continuously DCAing will sometimes miss the dip, and they should not let that bother them.  They sometimes run out of money because they are already continuously buying, and it can be difficult to catch the exact dip or to know if the dip prices will last until their next money comes in.  Maybe every week they buy on Wednesdays or maybe they get their money on Wednesdays and so they sometimes will buy on Wednesdays or they might wait to see if there might be an opportunity to buy during the week.

Try not to get bothered by up or down movements in the price, especially if you are new and you are focused on building your stash. It can be distracting to get worried about the dip or to speculate that you had missed out buying on the dip because the BTC price was not dipping when you already had made your weekly BTC buy.

It can feel stressful during these times, yet if you already know that you are putting something like 10% to 15% of your income into bitcoin, and over 6-10 years maybe you would have invested 1-2 years of your income into bitcoin, and surely some of your earliest buys will have had been the most profitable, yet at the same time, you likely have many small buys over every week, and so 52 times per year and 520 buys over  10 years, and even though they added up to a lot of money, each one of the buys did not necessarily seem like a lot of money... Just do your best to figure out a comfortable balance, and there might even be some weeks that you do not have enough money to buy on those weeks, so these times can sometimes cause you to feel like you are missing out on buying opportunities.

The fact remains that no one can consistently catch the DIP, even those who are considered to be professional traders. Folks who always attempt to time the market often lands themselves in emotional decision making, frustration or even a far more worse situation. But those who stick to a consistent DCAing have the upper hand as they manage to free themselves from that emotional rollercoaster of having to overthink or over analyze the market before finally making a decision, which sometimes even end up being the worst decision of their lives.

When one engages in regular buying, whether it’s weekly, twice a week or monthly, you’ve also got the advantage of averaging out your entry price overtime. Some might say this approach might make one miss out potential buying opportunities during DIPs, that could be true in most cases, but looking at it on the bright side, you’ll also be able to avoid buying too much during market peaks. And you’ll discover that those ups and downs automatically balances out, and that’s one of the reasons why the DCA is considered to be a very powerful and efficient  strategy.

I also love the point you made about staying within a set percentage of one’s income, like 10% to 15%. This is also a very powerful approach, because when one stays within a particular percentage of their income, it helps them avoid overextending themselves financially and most importantly, it helps one make sure that their Bitcoin holdings doesn’t come at the expense of their peace of mind. Some weeks might take an unexpected turn and one could potentially miss their regular buys due to unexpected turn of events, and that’s just normal for every investor, the most important thing is that you’re being consistent over the long term, that’s where the success of your investment lies and necessarily the perfect weekly buys.

If you actually think about the whole thing, 500+ small buys over a period of 10 years may not really look like something significant when you look at it, but the truth is that they really do add up to something meaningful. The earlier the buys, the more profitable they are, but that doesn’t mean the later ones doesn’t make their own contributions towards lowering the average cost and of course making your long term position more stronger and solid than it already is. Bitcoin mostly rewards those who are patient and have conviction more than smartness.
So whenever there’s a sudden market movement, specifically a DIP and you feel like you’ve missed out on potential opportunities simply because you’ve managed to stick to a consistent DCA, just take a moment to remind yourself that you’re doing what most investors wouldn’t do, which is to stay disciplined and committed to a particular strategy without being moved along with the market conditions. The reward might not come instantly but you’d be happy you stuck to your long term plans when it starts to pay off.

[Bryan jessy]

The market is unpredictable, it is advisable to buy as much as you can as long as you have the  cash, do not wait for dip before you buy, it is just like the more you look, the less you see, in the sense that if you are really praying for dip it might not come that exact period, but when you lest expected, it shows up. Though you can still buy in dip but do not have it as the only target to hodling as much Bitcoin as you can because if you have the cash you can have as much as you want.

[Bryan jessy]

If you are expecting something good, then you have to be patient and go through a lot of bad times.
The fruits of patience are always sweet but the tree is cut down
To maintain investment solvency, you must be patient and manage your investment. And you have to have a long-term holding plan, then only you can get a huge amount of profit from BTC investment.

Newbies now lack this patience in their crypto journey. They want to invest a few dollars today and see millions of return the following day without expecting the bad times during the journey. As always, nothing good comes easy and the sacrifice you pay for Bitcoin is patient. If you check the first page of this thread, you will be shocked to see how much Bitcoin worth at that time and the price they were anticipating to see. Now compare it with what Bitcoin worth today and see how those who hold their coins from that time until now are eating good from their investment. If you want good profit, you must pay that price which is patient.

In most cases is due to lack of knowledge, when one is just new in the system but so drawn to the hype, without asking questions on the right process involve in this crypto space, that is why some newbies are not consistent because they have no idea that in order to succeed in this crypto space,  one most be continually active and head up, it is supposed to be a life time engagement depends on how well and ready you can go.

[Kelward]

The two combo ( DCA + Buying the Dip),  is honestly the best way of building a very very strong Bitcoin portfolio overtime...... Right  now we are again in of of those dip period, anyone who already has a DCA plan ( or even those have been waiting for the dip to buy), now is a good time to add more and more and more if you have the spare cash to do so, it's more like getting more Bitcoin at a discount rate. This shouldn't be a dulling moment at all 

Every opportunity should be seized if we want to build a larger Bitcoin portfolio, and we should do everything possible to achieve greater financial freedom. There's even no harm in holding back and not spending money on unproductive things to increase our Bitcoin investment percentage. The combination of DCA and buying when the price is down presents an excellent opportunity because both indicate potential momentum. Living simply first to build financial strength is the best path to a more promising future, and people must make sacrifices to achieve it.

It is true that DCA and buying the dip are a good combo but putting emphasy on it can be a distraction, we don't need to focus on buying dip if our goal is to continue buying on the long term. If dip happens on your journey of accumulation and hodl for the long term you can take advantage of it if you have spare money in your discretionary funds. The most important aspect of Bitcoin long term investment plan is DCA method and that is where our focus should be centered on. Instead of waiting for the perfect combo of DCA and dip you should try and increase your income so that you can conveniently increase your DCA funds which will be more effective than waiting for dip that you don't know when it'll happen.

[Zackz5000]

Well I did buy the dip yesterday when price of Bitcoin did go to 110k. And now I have already made some profit with current price of more then 111k.
But for a me I am still going to hodl. So I will not think of the small profit I did make. I do want the correction to be over soon and we go back to the 'bull run'.

You can still be accumulating and hodling Bitcoin price will still increase Bitcoin is still at dip so this should be an opportunity to still accumulating more Bitcoin and hodl.
It could also be that you have arrived at your accumulation stage and decide also to be accumulating only when there is a dip don't you think the opportunity is here ? If you wait is it will be dip more before you can accumulate again it may not dip instead move up so don't stop at buying only ones if still have a discretionary income or reserve fund this is the time to stack up more.

[Pjcr7]

Everything is bleeding right now. Just about 5 days ago, we all saw BTC hit an ATH of $126k+ and today it's down by over $12k and I believe this bleeding everywhere is mainly caused by the ongoing trade war between the two super powers. When the two biggest worlds economy is at logger heads there's every possibility that the worlds economy will be affected from it. A popular ancient adage says ' when two elephants fights, it's the grass that suffers' and this is a prove to that.

BTC at $112k is another opportunity for investors to take charge and seize the opportunity of the dip to accumulate more BTC and HODL. Just like few months ago when the trade war started, we saw dips and after they came to resolve, gradually BTC skyrocketed, same thing will happen, they will come to a round table just as previous time to settle and BTC will skyrocket again. I know the bear market isn't upon us yet, so there's every possibility that we will see another ATH this very year.

[Shineup]

If you are expecting something good, then you have to be patient and go through a lot of bad times.
The fruits of patience are always sweet but the tree is cut down
To maintain investment solvency, you must be patient and manage your investment. And you have to have a long-term holding plan, then only you can get a huge amount of profit from BTC investment.

Newbies now lack this patience in their crypto journey. They want to invest a few dollars today and see millions of return the following day without expecting the bad times during the journey. As always, nothing good comes easy and the sacrifice you pay for Bitcoin is patient. If you check the first page of this thread, you will be shocked to see how much Bitcoin worth at that time and the price they were anticipating to see. Now compare it with what Bitcoin worth today and see how those who hold their coins from that time until now are eating good from their investment. If you want good profit, you must pay that price which is patient.

In most cases is due to lack of knowledge, when one is just new in the system but so drawn to the hype, without asking questions on the right process involve in this crypto space, that is why some newbies are not consistent because they have no idea that in order to succeed in this crypto space, one most be continually active and head up, it is supposed to be a life time engagement depends on how well and ready you can go.

It is a Bitcoin discussion thread and not just crypto it is bad that you didn't even made mention of Bitcoin in this post and it doesn't really make any sense to valid that it is Bitcoin you are talking about with the world crypto you made mention, it can be misleading in this thread and can lead to confusion, next time try and be specific with on what exactly you are talking about, if it Bitcoin just say Bitcoin.This correction has been made severally in most of the previous pages.

Everything is bleeding right now. Just about 5 days ago, we all saw BTC hit an ATH of $126k+ and today it's down by over $12k and I believe this bleeding everywhere is mainly caused by the ongoing trade war between the two super powers. When the two biggest worlds economy is at logger heads there's every possibility that the worlds economy will be affected from it. A popular ancient adage says ' when two elephants fights, it's the grass that suffers' and this is a prove to that.

BTC at $112k is another opportunity for investors to take charge and seize the opportunity of the dip to accumulate more BTC and HODL. Just like few months ago when the trade war started, we saw dips and after they came to resolve, gradually BTC skyrocketed, same thing will happen, they will come to a round table just as previous time to settle and BTC will skyrocket again. I know the bear market isn't upon us yet, so there's every possibility that we will see another ATH this very year.

The percentage of the dip that just occurred is never enough to consider talking about a bear market, we have seen Bitcoin taken in this direction of retracement after making a new all time high, so for me it is not a surprise an investor will definitely take advantage of it while the traders is the ones that will get worried over it.