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Author Topic: Buy the DIP, and HODL!  (Read 83425 times)
Rooster101
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May 15, 2019, 11:42:06 PM
 #181

I think it will depend on the coin you are going to buy because some of them takes time before they eventually go up. Double down is one of the effective method to earn profits after buying a coin in several dips but be sure that the coin has a potential to reverse its trend after several dips. Altcoins like bnb and ethereum are also good to buy every dip in this time where market is bullish.
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May 15, 2019, 11:46:39 PM
 #182


There are no dips anymore on the menu.


There will be after FOMO, and it's now going FOMO. I will give it 3 days more of green, long, parabolic candles before another dip.

Get ready. Cool
Its been 5 days now and there’s no big dips, so i think they have no choice now but to enter in the market as much as possible. This is a bull run and don’t expect a cheap dumps do look at the chart and you can see its going up now and there’s no turning back. They will be dipa but on a higher price for sure.
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May 16, 2019, 01:38:21 AM
 #183

You don't always need to find a massive dip to get a good entry. Look for areas of potential support, and once you've identified some of them, place buy orders near those support areas and you'll have set yourself up to potentially have good entries in the near future. Might take you some time to find one of these areas, but once you get good at finding 'em, you'll get better at finding trade entries as a whole too.
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May 16, 2019, 02:08:19 AM
 #184

You don't always need to find a massive dip to get a good entry. Look for areas of potential support, and once you've identified some of them, place buy orders near those support areas and you'll have set yourself up to potentially have good entries in the near future. Might take you some time to find one of these areas, but once you get good at finding 'em, you'll get better at finding trade entries as a whole too.
Correct, however these people are looking for dip because they want to earn more.
Looking for the support when buying is only for short term traders, and since most of us here are for long term, we should know the dip to maximize our income.

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May 16, 2019, 02:15:27 AM
 #185

After first breaking past $8k a few days ago, BTC has finally settled around that range so I believe we're on an uptrend now. Seems the bulls have woken.

I've stopped selling and now just waiting for this to peak. After this crashes, what do you guys think the new floor price would be?
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May 16, 2019, 02:21:25 AM
 #186

Short every climb? I think I will short. I do not know how it is possible go from 4k to 9k in less than 2 months.
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May 16, 2019, 02:23:26 AM
 #187

After first breaking past $8k a few days ago, BTC has finally settled around that range so I believe we're on an uptrend now. Seems the bulls have woken.

I've stopped selling and now just waiting for this to peak. After this crashes, what do you guys think the new floor price would be?

That's a good decision you make, never sell yet since the bull market has not yet matured, meaning there will be increases that we may witness.
Good luck on holding, I'm also doing the same and I'm hoping my shit coins will also recover.

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May 16, 2019, 04:48:52 AM
 #188

After first breaking past $8k a few days ago, BTC has finally settled around that range so I believe we're on an uptrend now. Seems the bulls have woken.

I've stopped selling and now just waiting for this to peak. After this crashes, what do you guys think the new floor price would be?

That's a good decision you make, never sell yet since the bull market has not yet matured, meaning there will be increases that we may witness.
Good luck on holding, I'm also doing the same and I'm hoping my shit coins will also recover.
Hold some tokens too here  Grin. For bitcoin, agree with you both. If me i sell only a little amount so at least i am not missed this pump. If down again maybe i willl hold it longer at least i already sell some of my coins. Maybe something like that.

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Wind_FURY (OP)
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May 16, 2019, 06:12:44 AM
 #189

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


Yes, dollar-cost averaging is even better, because it means you are accumulating irrespective of price. Using this method worked out well for those holding long term, because they were buying while the market was at the bottom (low $3,000s). Meanwhile, those who were waiting for a $1,000 or under BTC may be FOMOing into the market now that the low price they expected is increasingly unlikely.


It only works in something like Bitcoin because it has not reached its full potential as a form of "money", as an arbiter of truth, as a secure censorship-resistant store of value, or as a protocol/technology stack.

Buy the dip. Cool

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May 16, 2019, 12:03:23 PM
 #190

If you don't buy at the dip then I don't know when else you're going to buy. I prefer to invest when everything has dropped to the lowest price as possible. Just like when it was at $3000. I first made the mistake to buy when it was around $6000 and people were saying that it is already at the bottom, though I was skeptic about it then, but I still made up my mind to buy a few in case I'm the one who is being wrong.

Unfortunately, the price started to go down and I lost close to $2.5k as the price dropped from the $6k rate to around $3.5 or so. But I still made up again and purchased it again, and luckily the price back up. I hope it continues to go up. I really don't want to be disappointed at this time.
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May 16, 2019, 05:13:07 PM
 #191

I think it will depend on the coin you are going to buy because some of them takes time before they eventually go up. Double down is one of the effective method to earn profits after buying a coin in several dips but be sure that the coin has a potential to reverse its trend after several dips. Altcoins like bnb and ethereum are also good to buy every dip in this time where market is bullish.
Only alt is good to buy now since bitcoin increasing in price, eth and many alts will have thir chance for some pump too, bitcoin we're in bullish market now, we got the time to buy before for BTC and still have if we want to ride in this season gain.
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May 16, 2019, 07:32:10 PM
 #192

Buying every is a good idea but that idea should not be applicable to all the coins this is because not all the coins that has gone down will later bounce back to where its value was. So, whoever must take the advice of buying when prices are down should take into consideration the particular coins they must buy.
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May 16, 2019, 10:46:47 PM
 #193

buy now is high risk because prices can crash at any time
you should know that there is lot of traders who dont know that prices now 7800 per btc ,
There are traders who leave their investments for months  , Maybe they will return to the market at any time
sell as you can
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May 17, 2019, 06:50:25 AM
 #194

that's exactly it my friend... buy every possible deep, sell in every possible high... so that we can accumulate and fill bags before the real bull run  Grin
I don't do it often due to time issues, but I am now wondering that I should do it regularly... nice reminder  Wink

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May 17, 2019, 06:59:25 AM
 #195

Sooooooooo......



Am I doing this right?

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TheCoinGrabber
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May 17, 2019, 03:00:26 PM
 #196

After first breaking past $8k a few days ago, BTC has finally settled around that range so I believe we're on an uptrend now. Seems the bulls have woken.

I've stopped selling and now just waiting for this to peak. After this crashes, what do you guys think the new floor price would be?

That's a good decision you make, never sell yet since the bull market has not yet matured, meaning there will be increases that we may witness.
Good luck on holding, I'm also doing the same and I'm hoping my shit coins will also recover.

Well good luck to all of us. Hope we all got the patience to wait and not sell. If I can sell this at at least $10k and then later it drops back to $4 that would be good enough. I know that BTC has dropped to around $3k before, just not sure if it'll ever get that low again.
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May 17, 2019, 04:08:55 PM
 #197

After first breaking past $8k a few days ago, BTC has finally settled around that range so I believe we're on an uptrend now. Seems the bulls have woken.

I've stopped selling and now just waiting for this to peak. After this crashes, what do you guys think the new floor price would be?

That's a good decision you make, never sell yet since the bull market has not yet matured, meaning there will be increases that we may witness.
Good luck on holding, I'm also doing the same and I'm hoping my shit coins will also recover.

Well good luck to all of us. Hope we all got the patience to wait and not sell. If I can sell this at at least $10k and then later it drops back to $4 that would be good enough. I know that BTC has dropped to around $3k before, just not sure if it'll ever get that low again.
now that is the question if we will going to hit that price again. i am also hoping at least to drop below $4k so we can buy and leave that for the next bull run.I sold already at the top around $8k+ and planning to buy back later on i keep on watching to where we are heading now the only clear thing now is we have a normal correction after the successful breakout of bitcoin through its strong resistance areas.


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May 17, 2019, 05:05:24 PM
 #198

After first breaking past $8k a few days ago, BTC has finally settled around that range so I believe we're on an uptrend now. Seems the bulls have woken.

I've stopped selling and now just waiting for this to peak. After this crashes, what do you guys think the new floor price would be?

That's a good decision you make, never sell yet since the bull market has not yet matured, meaning there will be increases that we may witness.
Good luck on holding, I'm also doing the same and I'm hoping my shit coins will also recover.

Well good luck to all of us. Hope we all got the patience to wait and not sell. If I can sell this at at least $10k and then later it drops back to $4 that would be good enough. I know that BTC has dropped to around $3k before, just not sure if it'll ever get that low again.
Users who have made a selling at the price above $8000 can now make use of the opportunity to buy back getting a profit out of the difference. It is not that easy to understand the top price and make a selling, in particular this time most of the users who have sold were lucky. The price rally was keep going and in an unpredictable way the price have fallen low. Hoping for the recovery with patience is the only thing that can be done if there is no fiat to make a buying.

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May 18, 2019, 12:24:28 PM
 #199

Well good luck to all of us. Hope we all got the patience to wait and not sell. If I can sell this at at least $10k and then later it drops back to $4 that would be good enough. I know that BTC has dropped to around $3k before, just not sure if it'll ever get that low again.
Users who have made a selling at the price above $8000 can now make use of the opportunity to buy back getting a profit out of the difference. It is not that easy to understand the top price and make a selling, in particular this time most of the users who have sold were lucky. The price rally was keep going and in an unpredictable way the price have fallen low. Hoping for the recovery with patience is the only thing that can be done if there is no fiat to make a buying.

Indeed. I wasn't expecting it to drop back to $7k, if I did I would have sold and just buy back later.
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May 18, 2019, 03:17:01 PM
 #200

I was expecting it to drop back to 7200 area but also now I would guess further weakness of sorts until direction is decided.   There is always some selling following a streak of rises from speculators who just dont want to wait beyond that brief time period.
So that amount of selling must be included in the cycle.    My guess is while we are under the 8 day average, that its best to be on guard price wise.   The weekend has its own meta so I dont expect much of a move till later on Sunday.

Very briefly I want it above this blue line for me to be positive on price near term.   Longer term its been doing ok for a while now, very rapid just recently and its positive to pull back a bit.



So this average keeps rising a while yet, say 7500 and above and I go bullish rather then wait and see mode.   I'm not negative as seen previously going sideways even while 'submerged' in this way was shown as strength but as we only just came down I can wait a while to take a better guess


Am I doing this right?

Iam not fully conversant in that particular meme species but I think you got it roughly  Grin

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