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Author Topic: Buy Bitcoin, and HODL!  (Read 87729 times)
Lecam
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December 15, 2019, 02:35:49 PM
 #381

in my opinion Ethereum, Waves, ATOM will be interesting in 2020, especially with the existence of ethereum 2.0 which will be launched next year, indicating that the altseason is near, hopefully, this coin in dip area! maybe you buy and hold for 2020

Those altcoins are good to hold especially ethereum because this coins have a good signal that anytime the price will goes up. So hopefully on 2020 those coins are getting to be okay. But now we can buy because of the dip price we can hold and buy more for we are to get a good profits in the near future. So as for now buy in dip price and hold.
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December 15, 2019, 03:17:01 PM
 #382

It is very difficult to predict each and every dip.
And apart from that, the dip strategy is considered as a long term strategy. The crypto market is not very stable to endure buying and buying again dips. With that being said, it might rekt you and you will need years to recover your losses.

I strongly disagree with you. Buying the dip is a dollar cost average method, but instead of buying every week,  you just buy every 10-25% drop.

This is correct. Buying in every dip is not very advisable and it could take you a lot of losses in which you could buy a lot but its already going down. And I highly recommend the percentage of buying in which you can buy more if it will go down more.

And that's why they were saying "You don't put all eggs in one basket" and "Invest what you can afford to lose". This is very good for a long term investment if you are waiting for the right time to sell it in future.


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December 15, 2019, 06:48:05 PM
 #383


 buying the dip is an old but gold strategy used by traders and hodlers to take advantage of the price  .  it does make sense to buy at the dip or when the price falls down than compare to buying when the price is high   .

Strongly agree. Always dollar cost average, and the best way to do that is in a dip periode especially when planning for the longer term.
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December 16, 2019, 03:58:33 PM
 #384

I prefer to buy when prices are in a positive trend, it will reduce the risk of loss. when prices are falling it is very difficult to determine the lowest point, this is the reason why I prefer buying when market conditions are rising. according to research I have done this method is more effective to reduce the risk of loss.

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December 18, 2019, 09:25:34 AM
 #385

I prefer to buy when prices are in a positive trend, it will reduce the risk of loss. when prices are falling it is very difficult to determine the lowest point, this is the reason why I prefer buying when market conditions are rising. according to research I have done this method is more effective to reduce the risk of loss.
Then you need to settle for 10% or 20% profit, otherwise that's a risky strategy.
I mean buy high, sell low, not recommended  Smiley I would rather buy near supports, that's what I just did at 6.8k, as I expect the support to hold (6.4k). Of course if the support doesn't hold you have to immediately settle for a loss.
This strategy works better, it is low risk, the winnings are potentially high, sometimes 50% and the loss should be 10% (at most) each time if you have strict discipline.

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December 18, 2019, 10:36:20 AM
 #386

I prefer to buy when prices are in a positive trend, it will reduce the risk of loss. when prices are falling it is very difficult to determine the lowest point, this is the reason why I prefer buying when market conditions are rising. according to research I have done this method is more effective to reduce the risk of loss.


That depends on what your comfort-level is. Me, I truly believe in Bitcoin, the incentive structure, the Core developers, the design-decisions taken. All price "crashes" will only be mere mini-dips when Bitcoin is priced with six digits.

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December 18, 2019, 03:36:51 PM
 #387

I prefer to buy when prices are in a positive trend, it will reduce the risk of loss. when prices are falling it is very difficult to determine the lowest point, this is the reason why I prefer buying when market conditions are rising. according to research I have done this method is more effective to reduce the risk of loss.
might be very good when waiting for a positive trend, but we never know when the trend will appear. The most potential opportunity to see high bitcoin pump prices is 2020. Buying every dip is also a good thing even more so now. chances are prices are still dropping lower, but if you see this as a very low price, having it at this point will also make you profit when bitcoin prices rise above $ 10k. if you believe in bitcoin, you don't need to wait for a positive trend for it, especially if you are a person who thinks that bitcoin will have a high price in the future. use this opportunity as well as possible.
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January 02, 2020, 10:39:03 AM
 #388

Everyone should read this bullish speculation thread done in Twitter, especially for those hopeless bears looking for any reason to FUD Bitcoin down.

Those charts inside speak, "Buy the dip, and HODL!"

https://twitter.com/colegarnerbtc/status/1212546960596463616

Quote

Logarithmic Eclipse   /a thread

1/ Get this: BTC’s curved log price growth fully straightens out when price *and* time are charted in log scale.

The implications are fascinating — and can be used as an edge.

I’ll break it all down, and show you a new indicator I'm loving.


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January 02, 2020, 02:27:54 PM
 #389

I bought the majority of my coins after the Gox crash in 2014 & 2015. I’m still buying now, every time I’m able to but obviously less quantity due to the price now. I advise everybody else to do the same.

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January 03, 2020, 07:11:23 AM
 #390

Buying every dip and selling when it's high is a great thing, but somehow we're still looking at the market trend and not just the price itself. If we keep buying during the fall and never get any returns after that, it will be a big loss in our part. In making decisions and understanding what the market was doing, we should be smart. So not every dip is a good idea to buy, research is always the key.


10 years of market data would tell you that YOU are the one who's wrong. I know this is stupid to say, but Bitcoin might be designed to surge  higher and higher with crashes in between. Cool


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January 03, 2020, 07:49:36 AM
 #391

10 years of market data would tell you that YOU are the one who's wrong. I know this is stupid to say, but Bitcoin might be designed to surge  higher and higher with crashes in between. Cool


That's not crazy, it's a real observation and I also observed that, since we have crashed already and it seems price is already at dip, then maybe from here we can expect a rise of bitcoin, if it moon, it should rise higher than $20K and we can expect that altcoins season will start.

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January 09, 2020, 07:49:52 AM
 #392

More than 12 million Bitcoins are dormant/being HODLed in wallets for more than one year. If you're not taking the opportunity to buy these dips and HODL, I kneel in front of you, and beg you to realize your own stupidity.

https://bitinfocharts.com/top-100-dormant_1y-bitcoin-addresses.html

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January 09, 2020, 05:36:58 PM
 #393

10 years of market data would tell you that YOU are the one who's wrong. I know this is stupid to say, but Bitcoin might be designed to surge  higher and higher with crashes in between. Cool


That's not crazy, it's a real observation and I also observed that, since we have crashed already and it seems price is already at dip, then maybe from here we can expect a rise of bitcoin, if it moon, it should rise higher than $20K and we can expect that altcoins season will start.
the price is at dip and it’s yet not increased so high maybe it’s still bearish in market but I really feel excited to read what you said that good time will come soon,  Price will increase again as it was high in 2017 because time always heals the wounded market. So I hope price will be good soon yet its time to take advantage and buy at this dip.

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January 13, 2020, 07:47:53 PM
 #394

This is obviously applicable for top ranked coin/tokens and bitcoin since they are much profitable when you bought in dip and if the price will go much deeper then we can still take advantage of the price since it will surely go rise again.

And that's why we don't need to waste our time to buy those altcoin that has no potential because it would take time to increase their value if lacks of investor or trader in a specific new project.


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January 13, 2020, 08:49:37 PM
 #395

Everyone knows this common rule in crypto that Buy every dip and sell at a high! But not everyone can make it and it is not easy though! Sometimes we think the price will go down so we wait but the opposite happens, the same thing can happen when we gonna sell! Like I am waiting to see ETH at 125$ again so I can buy it more but who knows Ethereum price can hit 180$ in tomorrow! So, by taking all these possibilities I am waiting to buy at dip then I will sell it when I get enough profit!

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January 17, 2020, 11:42:54 PM
 #396

Seriously not a bad premise so long as we are in a positive phase for BTC I agree with this idea generally.   However I still have not marked off or observed a clear positive trend for BTC, its a break up from a negative to neutral trend previously as moved from 50 day to 200 day average.    Its yet to prove outright we are certain to remain positive but its becoming a more reasonable belief then for the last 6 months.


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January 18, 2020, 11:17:08 AM
 #397


Seriously not a bad premise so long as we are in a positive phase for BTC I agree with this idea generally.   However I still have not marked off or observed a clear positive trend for BTC, its a break up from a negative to neutral trend previously as moved from 50 day to 200 day average.    Its yet to prove outright we are certain to remain positive but its becoming a more reasonable belief then for the last 6 months.



Zoom out, and look, https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/

Another one,



Is that what you are observing as not a clear positive trend? In 5 years I'll bump this topic, and the dip will be $20,000.

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January 18, 2020, 10:16:45 PM
 #398

Yea multi year trends and exponential scales is not something I look at daily, weekly or anything besides reading other peoples conclusions.    I'm not against it exactly but I dont feel any weight when I try to use it myself, I cant really estimate for some profit personally.   Except that its reasonable at times to be long term bullish,  it can pay to just be Satoshis own sunbeam in the gloom because we are placed for a rise.
   Multi year charts need deep pockets because it might just take a year to play out, I do recommend consider the idea to buying regularly or dollar cost averaging.   Thats less about trading then most speculative bets people take, alot of faith and patience is required.   My pockets have holes in them   Cry

 I say this about gold also, its a ten year asset.  People moan but it might fall for a year or more and have nothing wrong.    A few commodities are like this, its hard to capture the rapid rise possible.   Standard business cycle is about 6 years I think, thats the time frame required to consider alot of investment.   To establish a mine takes a decade easily, few years less perhaps for surface mining coal but the epic surprise to me is maybe BTC is one of these movers with giants footsteps to it.  
   I still believe 2021 and beyond will be bigger then 2020 in sum total.

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January 19, 2020, 08:09:22 AM
 #399

I don't think buying every drop is a good strategy. because sometimes coins decrease in small amounts. it's better to wait until the coin drops by 10%. then just buy. investing or trading cryptocurrency is not easy because the price fluctuations are very high. we must learn a lot and also be good at speculation. and also must always observe the state of the crypto market whether we are in a down or up trend.

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January 19, 2020, 09:26:10 AM
 #400

Yea multi year trends and exponential scales is not something I look at daily, weekly or anything besides reading other peoples conclusions.    I'm not against it exactly but I dont feel any weight when I try to use it myself, I cant really estimate for some profit personally.   Except that its reasonable at times to be long term bullish,  it can pay to just be Satoshis own sunbeam in the gloom because we are placed for a rise.
   Multi year charts need deep pockets because it might just take a year to play out, I do recommend consider the idea to buying regularly or dollar cost averaging.   Thats less about trading then most speculative bets people take, alot of faith and patience is required.   My pockets have holes in them   Cry

 I say this about gold also, its a ten year asset.  People moan but it might fall for a year or more and have nothing wrong.    A few commodities are like this, its hard to capture the rapid rise possible.   Standard business cycle is about 6 years I think, thats the time frame required to consider alot of investment.   To establish a mine takes a decade easily, few years less perhaps for surface mining coal but the epic surprise to me is maybe BTC is one of these movers with giants footsteps to it.  
   I still believe 2021 and beyond will be bigger then 2020 in sum total.


No it doesn't. You just need to save some of your monthy salary in Bitcoin, in cold storage. Save $20 a month, $50 a month, is not important, provided that you're HODLING.

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