Buy the DIP, and HODL!

[Smitty Werben Man Jensen]

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  

 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.

it's like saving money at home, but saving Bitcoin seems to be something good at this time, I myself will also do it because I see it very profitable if we buy it every month at a low price, and of course it must be based on good analytical techniques, worry that if you only buy bitcoin at a high price, your assets will continue to decrease

[Wexlike]

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.

Well, there is your chance to buy the dip.

[rijaljun]

Not a bad strategy, but even a scheduled buy every week is a good idea so you don’t have to watch the charts all the time. This of course is dollar cost averaging.

No doubt that is good strategy to buy every dip but since people have fear and many average traders don't know where is the dip, how do you manage the capital?

[btc78]

Not a bad strategy, but even a scheduled buy every week is a good idea so you don’t have to watch the charts all the time. This of course is dollar cost averaging.

actually watching chart everyday is annoying specially when BEar market is on the work,also this sometimes make our decisions falls mistakes because of added feeling of panicking.

adding amount in holding every week or every month is perfect way of investing if you are aiming for long term investments.

[pooya87]

Not a bad strategy, but even a scheduled buy every week is a good idea so you don’t have to watch the charts all the time. This of course is dollar cost averaging.

Possibly the worst advice I have ever read on this forum 

it is not a bad advice, maybe he said it wrong.
for starters that is only bad if you are trying to day trade and make profit in short term. otherwise for everyone else who is not so willing to participate in the highly volatile market on very risky and shady exchanges that lack security, the strategy is "investment". and many people don't have a large sum of money to dump into bitcoin in one go, you get some extra money maybe leftover from your paycheck or something and invest that into bitcoin on short intervals such as a week or two as you come to that extra money.
of course you always want to look at the charts and do some analysis.

[Wind_FURY]

Not a bad strategy, but even a scheduled buy every week is a good idea so you don’t have to watch the charts all the time. This of course is dollar cost averaging.

Possibly the worst advice I have ever read on this forum  

it is not a bad advice, maybe he said it wrong.
for starters that is only bad if you are trying to day trade and make profit in short term. otherwise for everyone else who is not so willing to participate in the highly volatile market on very risky and shady exchanges that lack security, the strategy is "investment". and many people don't have a large sum of money to dump into bitcoin in one go, you get some extra money maybe leftover from your paycheck or something and invest that into bitcoin on short intervals such as a week or two as you come to that extra money.
of course you always want to look at the charts and do some analysis.

I believe no analysis required in some instances. Pretend we bought $10,000 worth of Bitcoin today, price is $8,600 - $8,650, depends what exchange, and wait for 10 years.

I'm very confident that we would earn more profit than 90% of the day-traders in the forum, pretending that they also started with $10,000.

[Wind_FURY]

Remember, we should be checking Bitcoin's price, merely to see by how much its purchasing power is against fiat currencies. Plus the more the Feds/Central Banks print fiat, the more it's a positive for Bitcoin.

Buy the dip, and?

https://www.aier.org/article/bitcoin-is-quantitatively-tightening/

Indeed, despite scores of warnings about the alleged dangers of low inflation, the drumbeat of statistics and other reports citing the deteriorating character of U.S. household finances leads one to question exactly what impact the Federal Reserve thinks that raising prices by several percentage points would have on tens of millions of families.

Contrarily, bitcoin’s limited supply has always been a draw for investors and spenders cognizant of the effects of inflation on purchasing power. With the rate of production of bitcoin via mining taking place at a rate less than the Federal Reserve’s stated target rate (and possibly less than the real rate of inflation), in May 2020, bitcoin may have economically incontestable reasons to become a legitimately competitive store of value versus most of the other world currencies. Part of that, of course, hinges critically upon

[Wind_FURY]

Many people ask themselves, "when should we buy the dip?"

I believe the recent dips should be the perfect answer. Another golden opportunity. I wish I had more source of fiat, other than my job.

[criza]

Many people ask themselves, "when should we buy the dip?"

I believe the recent dips should be the perfect answer. Another golden opportunity. I wish I had more source of fiat, other than my job.

Indeed, as the current price of Bitcoin dictates, I think it would continue to fall or dump in the coming days. This would be a great opportunity for a lot of investors or traders to store a lot of Bitcoin stock because, the upcoming halving event would surely affect Bitcoin and would change the course of its current standing in the market. Also, as the tension from the virus corona makes countries quarantining their money makes it suspended making it possible for the people to turn to crypto currency.

[Jeremy Franklin]

Many people ask themselves, "when should we buy the dip?"

I believe the recent dips should be the perfect answer. Another golden opportunity. I wish I had more source of fiat, other than my job.

I wish I had a job, then I could buy a dip.

[ScamViruS]

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

Now that the situation of the market it is really a good opportunity to accumulate some more bitcoin. Those who have the money are definitely increasing their holdings. But currently I do not have extra money to buy more Bitcoin. This is a problem for me, when a good opportunity comes I have no money.

[Wind_FURY]

This take I stole from a friend, "it's OK to add a loser in your position, if it's actually a winning position".

Zoom out, buy the dip, and HODL.

[Vaculin]

This take I stole from a friend, "it's OK to add a loser in your position, if it's actually a winning position".

This is too deep, I can't comprehend what this meant, lol...

Zoom out, buy the dip, and HODL.

But this one, I get it clearly. .. the word HODL means good profit for us when selling at the right timing.
We never HODL to lose, we HODL because we wait until we see the profit that we targeted.

[Wind_FURY]

This take I stole from a friend, "it's OK to add a loser in your position, if it's actually a winning position".

This is too deep, I can't comprehend what this meant, lol...

It means today, you buy the dip to dollar cost average your losses, BUT zoom out, and watch where Bitcoin is going.

Zoom out, buy the dip, and HODL.

But this one, I get it clearly. .. the word HODL means good profit for us when selling at the right timing.
We never HODL to lose, we HODL because we wait until we see the profit that we targeted.

Where we're going, you won't need to sell.

[casperBGD]

Where we're going, you won't need to sell.

it is a good chart to look at when you are thinking about temporary loses and red market, like these days due to corona, we are still in uptrend in this zoom-out, and hope that it will stay that way, and certainly that halving will bring some new people in crypto markets, if the media press would be good like always after the halving

[Naida_BR]

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.

When we say dips we don't say the small decreases.
It is a good strategy to buy bitcoins when you see a significant increase in the bitcoin price because after that it is going to rise again.
If you cannot realise this trend then this strategy is for sure not good.

[ScamViruS]

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

Each dip will give you a chance to accumulate more Bitcoin. And that's what all smart traders do. Always trade in the spot market, never go into leverage trading, it's a risky system that will take away all your funds. I know many trader who lost their all money on leverage trading. I'm still trying to buy Bitcoin worth $ 100 every month. Which I will hold for the future. Because bitcoin have a bright future.   

[pooya87]

it is a good chart to look at when you are thinking about temporary loses and red market, like these days due to corona, we are still in uptrend in this zoom-out, and hope that it will stay that way, and certainly that halving will bring some new people in crypto markets, if the media press would be good like always after the halving

halving has never brought "new people" into bitcoin market, the only thing that the event itself does is bringing a lot of temporary hype that lasts a couple of weeks before bitcoin goes back to normal and continues rising normally again.
adoption is bringing more people into bitcoin and halving (capped supply) acts as the catalyst in rising price and the upcoming rallies.

[Saisher]

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.

As long as you are buying a good coin that always fights back whether the market is in good or bad condition, you are still ok and good to go, everytime the market is down I always rely on the top coins in the market, because I always think long term, we are going to get over this pandemic and the market will be better more than ever.

[pealr12]

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.

As long as you are buying a good coin that always fights back whether the market is in good or bad condition, you are still ok and good to go, everytime the market is down I always rely on the top coins in the market, because I always think long term, we are going to get over this pandemic and the market will be better more than ever.

you said it right , always choose a project that even the price is low they still manage to get back and not those projects that are only pump and dump, cause they wont get back after dump.  Choose wisely.