Buy the DIP, and HODL!

[STT]

Maybe we could setup a new thread, dip alert for the times the price has had a trend of falling but might bounce back.   I think now is one of those times, my outlook is not positive but it never pays to be singular minded and I think it can bounce after hitting an old trend.



This is the daily bars and I think on a simple measure it can go back to 50 day average as a first target.   This is why buy the dip is a test of will as it looks negative at the time, some would wait till after it bounces some and then passes this 50 DMA for strength but thats losing part of the move.
  Our current daily bar does have a bit of a pin to it, some people did buy and its near to 10k so for a simple number some will buy just that.   Obviously it requires more but now we pass to Asia trading we'll see their take.

I was right, thats how people view it already.    A proper bounce deserves us getting to 10400 so we'll see how it fares and the 50MA even has a rising incline in it from previous price history.

[pooya87]

Maybe we could setup a new thread, dip alert for the times the price has had a trend of falling but might bounce back.   I think now is one of those times, my outlook is not positive but it never pays to be singular minded and I think it can bounce after hitting an old trend.

usually "dip buying" is for the investors not traders. investors that keep on buying bitcoin on intervals like whenever they have some extra money that they want to invest every month. for them, any dip where price comes down a little is good and anything that is bigger than 10% is awesome. there is no need any kind of alert in my opinion because that kind of strategy doesn't need it.

[Wind_FURY]

Maybe we could setup a new thread, dip alert for the times the price has had a trend of falling but might bounce back.   I think now is one of those times, my outlook is not positive but it never pays to be singular minded and I think it can bounce after hitting an old trend.

usually "dip buying" is for the investors not traders. investors that keep on buying bitcoin on intervals like whenever they have some extra money that they want to invest every month. for them, any dip where price comes down a little is good and anything that is bigger than 10% is awesome. there is no need any kind of alert in my opinion because that kind of strategy doesn't need it.

Or anything below $10,000 is an OPPORTUNITY. Remember when permabulls said that we might not see another opportunity to buy below $5,000? It's there again with $10,000.

Remember the halving. Buy the dip, and HODL.

[STT]

I guess I'm a gambler or a trader then, I do get that investor idea of a regular buy in a growth sector or long term ascending chart.   Thats a fair enough call for BTC but also I want to get the buy alot lower then 10k, I dont have alot of capital so if 8 or 7k is possible even briefly then I want to see that as a buy.      So the dip above was purely short term, it hasnt made a good run for the 50 day average.   It was buyable but only with a trailing stop loss because we are still developing in this area.

  So the reaction is not positive as each dip is lower in price, I characterise it as lower lows and also lower highs but that is just short term view.  If I try to look at the longer view its more of a symmetrical triangle which is hard to call either way, I think this dip buying (for the speculator, fast money is always a force in markets) is becoming harder to do as its not lasting long in a positive rise after the dip.

[Wind_FURY]

I guess I'm a gambler or a trader then, I do get that investor idea of a regular buy in a growth sector or long term ascending chart.   Thats a fair enough call for BTC but also I want to get the buy alot lower then 10k, I dont have alot of capital so if 8 or 7k is possible even briefly then I want to see that as a buy.

Then you have a bigger reason to buy the dip, and HODL/save your money. Don't let the whale-cumulators take advantage of you gambling, because we can't beat the market. Not with our limited means.

[BrewMaster]

today was an interesting day for all the "dip buyers" and the whale accumulators who are doing it.
initially they started it with large and sudden dump on the market to force the bots with their stop losses to go crazy. the amount dumped was 1500BTC on bitstamp alone but price only went down to $9900 and jumped back up above $10200 ridiculously fast. then they did it again this time to $9855 before it jumped back up to $10100 again.
i am curious to see if they do it for the third time today or was that it.

[Wind_FURY]

today was an interesting day for all the "dip buyers" and the whale accumulators who are doing it.
initially they started it with large and sudden dump on the market to force the bots with their stop losses to go crazy. the amount dumped was 1500BTC on bitstamp alone but price only went down to $9900 and jumped back up above $10200 ridiculously fast. then they did it again this time to $9855 before it jumped back up to $10100 again.
i am curious to see if they do it for the third time today or was that it.

The whale-cumulators might have predicted where the dip buyers bids were, $7,500 - $9,500, and then ordered their own bids ahead of everyone, $10,000. Hahaha.

[Distinctin]

Actually buying when the market is in dip is a very difficult step to make as not all dips will guarantee earning because what most commonly happening now is when you buy the dip but it dips even more losing your investments so maybe buying the dip is applicable for Bitcoin only but not with the Altcoins.

You are right that not all dip is worth it. For bitcoin, it will come back if we have a little patience as it has happened after 2017 and it bounced back. The same might not be said with altcoins, some altcoins dip is the end for that coin. I have experienced this with some altcoins.

I disagree, all dip are worth it because bitcoin is expected to rise again, buying at dip will give you a good value and that you can sell at a great profit.
This year, if we were able to do the right timing, we will be able to buy the best dip at $3K +, and we can sell at $13K, well, that's only possible if we are really smart enough and lucky at the same time.

What I learned is that we should always buy every time the market dip, especially if the market is healthy again.
In my evaluation, the market movement for BTC is healthy this year, so buying at dip is advisable.

[STT]

The dip did occur after all, made the 50 day average on the daily bars chart, pin candle down to some support and back up.   So it still seems hesitant in this area and its yet to cross but all the same that was enough to trade and gain from.



Week and monthly average are roughly together, which reflects the indecision in the price I think.  Perhaps they wait for some news but I always give the charts and numbers themselves the credit.

[Ewox]

I agree, and I’ve learned my lesson to buy coins in every dip. But that is if you have the spare amount of money for you to hodl because profits are not attainable in an instant. It could take years but then again, buy only if tou have extra money too.

[Wind_FURY]

The dip did occur after all, made the 50 day average on the daily bars chart, pin candle down to some support and back up.   So it still seems hesitant in this area and its yet to cross but all the same that was enough to trade and gain from.



Week and monthly average are roughly together, which reflects the indecision in the price I think.  Perhaps they wait for some news but I always give the charts and numbers themselves the credit.

The plebs adjusted, and are waiting to buy the dip. The whale-cumulators counter-adjusted, and made their bids higher than the plebs' bids.

I believe that a catalyst for FOMO is when whale-cumulators place their bids ahead of everyone.

[Herbert2020]

he plebs adjusted, and are waiting to buy the dip. The whale-cumulators counter-adjusted, and made their bids higher than the plebs' bids.

I believe that a catalyst for FOMO is when whale-cumulators place their bids ahead of everyone.

just bids won't work for FOMO, the price itself has to rise above a certain level so that it could cause the fear in those people who are currently  waiting on the sidelines watching the market waiting for a "signal" to jump in. it is like the gunshot before a run! it fires and they all start pouring their money in. something like what happened when price went above $4200 and headed towards $5k. a big green dildo

[Bezobraznike]

he plebs adjusted, and are waiting to buy the dip. The whale-cumulators counter-adjusted, and made their bids higher than the plebs' bids.

I believe that a catalyst for FOMO is when whale-cumulators place their bids ahead of everyone.

just bids won't work for FOMO, the price itself has to rise above a certain level so that it could cause the fear in those people who are currently  waiting on the sidelines watching the market waiting for a "signal" to jump in. it is like the gunshot before a run! it fires and they all start pouring their money in. something like what happened when price went above $4200 and headed towards $5k. a big green dildo

   And is that for short-term or long-term investors, Herbert2020? Is the same signal for both, or there are difference?
   I invest when I can, but I can`t buy every dip, I don`t have so much money. For me as long-term holder it`s good to buy when ever I have
some extra money.
   I think we will see even bigger green dildo in some time.

[Kotone]

The problem here is the range of dip we are talking about. If we reference the price on the last ATH then were totally at the midway, but if we refer to the last dip then we are too high for now. Why not trade short term to accumulate gains rather than hoping for a miracle to happened everytime. Do some short term trading but first learn the basics so you won't cried out when an unprecedented even happened on the market.

[Wind_FURY]

he plebs adjusted, and are waiting to buy the dip. The whale-cumulators counter-adjusted, and made their bids higher than the plebs' bids.

I believe that a catalyst for FOMO is when whale-cumulators place their bids ahead of everyone.

just bids won't work for FOMO, the price itself has to rise above a certain level so that it could cause the fear in those people who are currently  waiting on the sidelines watching the market waiting for a "signal" to jump in. it is like the gunshot before a run! it fires and they all start pouring their money in. something like what happened when price went above $4200 and headed towards $5k. a big green dildo

But whale-cumulators blocking the plebs' bids, yes with price on a certain level, by placing higher bids would cause? Market orders/panicked buyers who want to be first. It causes a chain reaction among plebs to "buy now, or be left behind". FOMO.

[dunfida]

The problem here is the range of dip we are talking about. If we reference the price on the last ATH then were totally at the midway, but if we refer to the last dip then we are too high for now. Why not trade short term to accumulate gains rather than hoping for a miracle to happened everytime. Do some short term trading but first learn the basics so you won't cried out when an unprecedented even happened on the market.

Should be the best way to trade up but you cant stop those people to think for long term.They do always have the target on many months ahead rather
than on considering to close a trade for a day.

Buying everytime you do see a dip doesnt work anytime.I can attest to this scenario yet been experienced for how many times and do fail up to make
money and leaving hanging on the market for how many months now and just patiently waiting up even just for the recovery.

[UVUcoinBull]

I made it everytime. Perfect strategy on resistance market like this.
Each drop below 10k for BTC its opportunity for nice shopping.

But it will end someday and that day is closer, than just hodl till next ATH

[bitbunnny]

Many people still don't use full opportunities of the market to buy Bitcoin. When the price goes down they start to panic and selling instead of buying, commenting that after the dip the pump will come. And that is because they don't have enough patience and often are oriented only on short term profit. I think it's good option to always have some free funds to invest because Bitcoin is still the most profitable on long term.

[STT]

Got ourselves a bit of a dip going on here and I'd wait till it recovers from the dip but the value buyer might want to take some for the rebound which has happened plenty times before now.



So as shown its lower then low of last week but still not below previous lows from which some said we have an ascending trend.   The difference could be quite important in a larger sense because if all we have is a downtrend then its more probable we go down I guess

9320 is the previous low I think so Iam looking if it loses that or not this time.

[peter0425]

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

There are other option but too risky to adopt.we can buy everything we want for those who can stand th word “HODL” not just for a weeks or months but for years and trust in cryptocurrency

Many people here continuously pronouncing the Word HODL but when small dumping happen they are just selling and that’s the same reason why manipulators succeeding because of weaknesses from trust and believe that market will return to pumping the next season