Buy the DIP, and HODL!

[Pattart]

I've been using this strategy since I started trading many months ago. Since it is difficult when to start buying during the dip, I often use technical analysis first to determine the right price to enter or buy. Fundamental analysis can also help because any positive development about the coin you want to will reflect on its price soon. So if you buy every dip, be sure to analyze it first using indicators and price action.

True because its easy to say buy the dip but without studying we cannot do it at the right timing.
Bitcoin has clearly bottomed and I think that moment was the best moment to enter into the market, you can easily sold it for a profit
and that is even short term as BTC now is getting more bullish.

Thus we have to make the right decision and we should analyze the market first before buying. Cause not all dips give us chances to gain but it sometime it get worst especially to those less potential coins. Mostly we took advantage during bear season but somehow we also be a victim, and instead we want profit but we ended up into losing cause we that wrong timing.

of course the analysis is still have do, even though the price has fallen. you have to make sure that you buy at the lowest price
so that you can get the biggest profits later. Don't buy without any calculation, even though you've seen big drop

[1714818426]

1714818426

[1714818426]

1714818426

[fullhdpixel]

Well, Its nice practice this activity but, the problem is money. If  I could only have funds to sustain on every dip or drop of bitcoin I will buy it. I believe bullrun will appear soon, since we cannot the precise prediction all we have to do is hold. And be patience by holding by every asset that you believe to rise in the future, particularly in bitcoin.

I love you honesty and that is the major barrier to buying every dip, if one really wants to get the best out of these coins, it would be more profitable holding more than 1 of such coin especially Bitcoin, we all know the potential of BTC and expecting it to increase over $20000 in the next bull run.

If one really wants to make enough money in future, one needs more than 1 coin and the current price is too much to be buying a coin at every dip, it will pay in future but it will drain the pocket, so we have to balance things and not go bankruptcy because we want to invest. I am simply even ok with the payment solution BTC has brought to the payment system.

[passwordnow]

We are still in a bear market so follow an old rule: risk only what you can afford to lose. Buying the dips = a higher expected return = more risk.

High risk = higher reward that's it. But don't expect if you bought during the dip, your money would grow immediately. That's not how bitcoin works, it is gradually moving forward with the increase that it is making for few months. Very encouraging that the market has been rewarding for those who are buying during the dip. As an investor, you buy and you hold until the market reaches your expected price. Don't rush if the market falls instead you buy it!

[talkbitcoin]

We are still in a bear market so follow an old rule: risk only what you can afford to lose.

i am wondering what your definition of a bear market is? because with this statement which i quoted here you are saying that if the price rises about 70% in 4 months then that rise means we are in a bear market!

[exstasie]

We are still in a bear market so follow an old rule: risk only what you can afford to lose.

i am wondering what your definition of a bear market is? because with this statement which i quoted here you are saying that if the price rises about 70% in 4 months then that rise means we are in a bear market!

Another way of putting it is this: we are still down 73% from the ATH. While I agree with analysts that see preliminary signs of a long term bottom, this is a far cry from a bull market. At this point, it's indistinguishable from a bull trap.

Take last year for instance. In February we bounced from $5,9xx to $11,7xx. Nearly a 100% move! Was it a bull market? Of course not!

We probably need several more months of price action to flesh out an accumulation range and see support tested and held by the bulls. After that, we'll see clearer signs of a bull market in the charts.

[fourpiece]

Every dip is an opportunity for those who suffered from massive loss when bear has market started since last year.  How i wish they will use this dip to recover on what they have loss.

[Johnzky]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle, https://twitter.com/misir_mahmudov/status/1118243131584065537

Well many of us is at this point from 2018 since many thought that it was the dip not until we reached the lowest of $3000

Though i personally purchasing still whenever i have extra money to add in my holdings and never thought of selling in this point in time,considering that we have a good growth now yet this is not enough reason to release some of my coins

[Ronyx]

That will require large capital if you buy in each decline, but the problem is difficult to determine the lowest decline to buy, and that depends on the courage in speculating.

[talkbitcoin]

We are still in a bear market so follow an old rule: risk only what you can afford to lose.

i am wondering what your definition of a bear market is? because with this statement which i quoted here you are saying that if the price rises about 70% in 4 months then that rise means we are in a bear market!

Another way of putting it is this: we are still down 73% from the ATH. While I agree with analysts that see preliminary signs of a long term bottom, this is a far cry from a bull market. At this point, it's indistinguishable from a bull trap.

Take last year for instance. In February we bounced from $5,9xx to $11,7xx. Nearly a 100% move! Was it a bull market? Of course not!

We probably need several more months of price action to flesh out an accumulation range and see support tested and held by the bulls. After that, we'll see clearer signs of a bull market in the charts.

if you are going to go back then go back further not to ATH
meaning we are up 2700%  in 4 years.

as for the bull run, i agree. it is not technically possible to call this a bull run but you can not compare it with what happened in February because that was a legit downtrend from the ATH and the rise from $5.9k to $11k was a "correction" of sorts because of the huge drop (a sharp V curve). but this is a rise after an accumulation phase (a flat line).

[ancafe]

Every dip is an opportunity for those who suffered from massive loss when bear has market started since last year.  How i wish they will use this dip to recover on what they have loss.

well, dip might be an opportunity for those who want to buy at a cheap price. however, basically we cannot buy every dip that occurs, because it also needs a strategy to sell it at a higher price. maybe buying it is okay, but we need to know the potential of the assets we buy.

[maydna]

That will require large capital if you buy in each decline, but the problem is difficult to determine the lowest decline to buy, and that depends on the courage in speculating.

I don't think so because, with money management, you can manage how much money you should use to buy in every dip, so you still have another money to buy again if the price continues to go down. That will work well for you but only if you buy on less than 5 coins and you only have a limit budget.

But if you are too greedy, and want to buy almost all potential coins in the dip, then, of course, you will need a big capital to buy the coins in every dip. That will make you difficult to determine which coins you should buy because you want to buy all of the coins in every time the price is on the dip.

[GregH37]

That will require large capital if you buy in each decline, but the problem is difficult to determine the lowest decline to buy, and that depends on the courage in speculating.

I don't think so because, with money management, you can manage how much money you should use to buy in every dip, so you still have another money to buy again if the price continues to go down. That will work well for you but only if you buy on less than 5 coins and you only have a limit budget.

But if you are too greedy, and want to buy almost all potential coins in the dip, then, of course, you will need a big capital to buy the coins in every dip. That will make you difficult to determine which coins you should buy because you want to buy all of the coins in every time the price is on the dip.

Large investment usually should be done at once because not many people will have the money to always buy much at every dip, and as you said, buying at dip should be an advice for people that are buying little by little. Within 2 weeks ago, bitcoin has had about 3 dip, and even if its $2000 an investor has bought those times, I am sure by now, there would have been a climb of at least $400 on the investment.

This strategy is actually not for an investor, it works more for crypto traders that are always in the market most times to monitor the price of bitcoin and using analysis to trade their coin.

[2chase]

The fact that there are a very large number of people who still doubt that bitcoin is the future of world money - is even good, in my opinion. If every man on the planet knew about it, everyone would rush to buy Bitcoin, and no one would have a chance to get rich 

[STT]

Doubt is bullish so long as its a regular feature that has been part of the price rising previously then you should hope it remains similarly now.    Also I agree on the rush being a negative just as a great fall without hesitation is a reason to suspect this price area is a weakness, a kinda of vacuum that will more likely be filled such has been true for the 4200 to 5000 area.   This section of price was not especially traded on the way down hence we moved far more easily through this area then the approach to it from the bottom price of December 2018.

A strong price needs regular exchange and ideally a mix across a broader population then just people who participant and speculate on the exchanges, ideally users should determine prices more then any other part of the network

[StarofBTC]

Large investment usually should be done at once because not many people will have the money to always buy much at every dip, and as you said, buying at dip should be an advice for people that are buying little by little. Within 2 weeks ago, bitcoin has had about 3 dip, and even if its $2000 an investor has bought those times, I am sure by now, there would have been a climb of at least $400 on the investment.

This strategy is actually not for an investor, it works more for crypto traders that are always in the market most times to monitor the price of bitcoin and using analysis to trade their coin.

Hmm, there is true sense in your talk, one cannot keep buying every dip because of financial constraints, even right now, there are so many people that have heard of Bitcoin investment but still does not have any money to make move to buy the coin, and the one that has managed to buy at one point, struggled to do so, depending on the economy of the pocket.

We can only buy at every dip when we have money, but it is really worth it when one have the opportunity to do so, it will give one huge return on investment when the investment become very mature.

[DoublerHunter]

We can only buy at every dip when we have money, but it is really worth it when one have the opportunity to do so, it will give one huge return on investment when the investment become very mature.

If we have the willingness to buy then we can, no matter if we are in a dip market situation or not as long as we want to invest and wanted to have profit. There's no such time when we can buy and how to know if we are in a market dip as long as our profit was there from the time that we've purchased bitcoin. Every time we have seen the market painted with red we can consider that as a dipping market and buy as much as you can.

[sana54210]

We can only buy at every dip when we have money, but it is really worth it when one have the opportunity to do so, it will give one huge return on investment when the investment become very mature.

If we have the willingness to buy then we can, no matter if we are in a dip market situation or not as long as we want to invest and wanted to have profit. There's no such time when we can buy and how to know if we are in a market dip as long as our profit was there from the time that we've purchased bitcoin. Every time we have seen the market painted with red we can consider that as a dipping market and buy as much as you can.

Everyone desires to do this but the opportunity is cost, that is what he is trying to say, we all desire to always buy anytime the market is red but sometimes we get stock because of lack of fund, and since bitcoin is not the only investment one is investing his money into.

It would have been easier to do so, if every time there is a dip, one can get money from other investment after profiting to buy, but the other investments too still relies on bitcoin to rise before they can pay one. The only people that will be lucky to do this are newbies that are just coming into the market with fresh money and does not have any of their money tied anywhere.

[Chikitita2004]

I have read a certain post from a well-known cryptoer in social media that says "better to lose money in cryptocurrency (particularly bitcoin) than entrust them in banks", something like that. This simply signify the trust he has in cryptocurrency and it is true we must grab every opportunity during these low season so the same mistake that people did earlier will not be repeated again. Even myself is sorry for committing the same mistake in not taking advantage in the opportunity when bitcoin was only few cents dollar.

[Moiyah]

We are still in a bear market so follow an old rule: risk only what you can afford to lose. Buying the dips = a higher expected return = more risk.

High risk = higher reward that's it. But don't expect if you bought during the dip, your money would grow immediately. That's not how bitcoin works, it is gradually moving forward with the increase that it is making for few months. Very encouraging that the market has been rewarding for those who are buying during the dip. As an investor, you buy and you hold until the market reaches your expected price. Don't rush if the market falls instead you buy it!

We can not really say that we can achieve immediately the profits. How can we know if it on the dip? Technical analysis could be helpful. But it does not work all the time. When we've thought we buy at dip, it decreases more. Good thing we can hodl those coins until it pumped.

[adaseb]

I have read a certain post from a well-known cryptoer in social media that says "better to lose money in cryptocurrency (particularly bitcoin) than entrust them in banks", something like that. This simply signify the trust he has in cryptocurrency and it is true we must grab every opportunity during these low season so the same mistake that people did earlier will not be repeated again. Even myself is sorry for committing the same mistake in not taking advantage in the opportunity when bitcoin was only few cents dollar.

Most people never have issues with keeping money in the bank unless its for illegal purposes. There are millions of people that use a bank everyday and they don't have issues with getting their money frozen or confiscated.

What he says doesn't make sense, why is it better to lose everything in bitcoin than put your savings in a bank. Sure the inflation is high and it will lose money over time but its protected and insured by the government in case anything happens.