Dollar_Hunter
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May 11, 2020, 02:48:04 PM |
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how do we know it's a DIP ?, is a 10% decrease is a DIP ?, I'm really worried if I go in now and the price keeps going down, is there an answer to this?
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sedactoo+04
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Hello World!
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May 12, 2020, 06:23:56 PM |
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What is the dip? Which price is the dip? How can we be sure? Back in 2018 after the first crash a friend of mine told me that 10k is the dip and we would never see below. He was collecting the dip..
I prefer ladder all the way down, this term makes me feel better.
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Wind_FURY (OP)
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May 16, 2020, 10:36:33 AM |
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how do we know it's a DIP ?, is a 10% decrease is a DIP ?, I'm really worried if I go in now and the price keeps going down, is there an answer to this? I honestly don't know, BUT why worry? Zoom out, and see where Bitcoin's path is taking it. Where it's going, it won't matter if you bought Bitcoin during $3,000, $6,000, or $9,000.
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KnightElite
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May 16, 2020, 03:17:02 PM |
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What is the dip? Which price is the dip? How can we be sure? Back in 2018 after the first crash a friend of mine told me that 10k is the dip and we would never see below. He was collecting the dip..
I prefer ladder all the way down, this term makes me feel better.
Buying at dip is not a suitable strategy for all traders that is why it is important that every trader find their edge in order for them to be profitable. Buying at dip is like a swing trade but it is not 100% win rate, backtesting is important and buying a dip without confirmation and prior study is very risky and that is the reason why we should manage our risk very well. Position sizing is also important and we should not just buy because there is a dip that happen.
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Dollar_Hunter
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COMBONetworkio
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May 16, 2020, 05:41:28 PM |
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how do we know it's a DIP ?, is a 10% decrease is a DIP ?, I'm really worried if I go in now and the price keeps going down, is there an answer to this? I honestly don't know, BUT why worry? Zoom out, and see where Bitcoin's path is taking it. Where it's going, it won't matter if you bought Bitcoin during $3,000, $6,000, or $9,000. if I have bought it at $ 3000 or $ 6000 maybe I will not ask, because I'm already profit, but looking after halving whether the price continues to rise?
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suvo05
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May 16, 2020, 08:22:03 PM |
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how do we know it's a DIP ?, is a 10% decrease is a DIP ?, I'm really worried if I go in now and the price keeps going down, is there an answer to this? I honestly don't know, BUT why worry? Zoom out, and see where Bitcoin's path is taking it. Where it's going, it won't matter if you bought Bitcoin during $3,000, $6,000, or $9,000. if I have bought it at $ 3000 or $ 6000 maybe I will not ask, because I'm already profit, but looking after halving whether the price continues to rise? By looking at the past and remembering that " history repeats" one would definitely say that BTC price will rise. But the assurance is not guaranteed. If you had asked someone in 2016 when the price was just around 700$, he could not assure you at that moment. So don't try to find the answer in others opinion if you have trust on BTC the have some BTC.
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Wind_FURY (OP)
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Merit: 1856
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May 18, 2020, 06:51:18 AM |
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how do we know it's a DIP ?, is a 10% decrease is a DIP ?, I'm really worried if I go in now and the price keeps going down, is there an answer to this? I honestly don't know, BUT why worry? Zoom out, and see where Bitcoin's path is taking it. Where it's going, it won't matter if you bought Bitcoin during $3,000, $6,000, or $9,000. if I have bought it at $ 3000 or $ 6000 maybe I will not ask, because I'm already profit, Buying the dip is dollar-cost-averaging. You bought Bitcoin when it was $20,000, then average-down your cost by buying Bitcoin $10,000, $6,000, $3,000. You had the opportunity to act. but looking after halving whether the price continues to rise?
Zoom out, YES!
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Questat
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May 18, 2020, 10:12:38 AM |
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Zoom out, YES!
The answer is so positive, I like it. if only people will think that way, then we will see bitcoin pumping already, but we are in the reality now, there's no guarantee that although we think it will rise it will happen, it could dump and we might see a new dip, though we don't like that to see but as bitcoin is being so unpredictable, things like that is normal.
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Wind_FURY (OP)
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May 19, 2020, 05:28:35 AM |
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Zoom out, YES!
The answer is so positive, I like it. if only people will think that way, then we will see bitcoin pumping already, but we are in the reality now, there's no guarantee that although we think it will rise it will happen, it could dump and we might see a new dip, though we don't like that to see but as bitcoin is being so unpredictable, things like that is normal. I'm not trying to be "positive", it's simply a FACT. Zoom out, and see. I would only change my opinion if Bitcoin crashes under its 200-week SMA, and stays under the 200-week SMA.
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dunfida
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May 19, 2020, 06:56:54 AM |
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Zoom out, YES!
The answer is so positive, I like it. if only people will think that way, then we will see bitcoin pumping already, but we are in the reality now, there's no guarantee that although we think it will rise it will happen, it could dump and we might see a new dip, though we don't like that to see but as bitcoin is being so unpredictable, things like that is normal. I'm not trying to be "positive", it's simply a FACT. Zoom out, and see. I would only change my opinion if Bitcoin crashes under its 200-week SMA, and stays under the 200-week SMA. Not only your opinion would be changed but to all perma-bulls out there would really changed up their opinion if that technical aspect that you had mentioned would really broken. For people who are still questioning bitcoins potential then looking up on the chart on zoomed aspect would really already tell the answer. same as you said which we cant really stop people to think up positive. Of course, the market is volatile on where there would be sell-offs and fomo'ed situation.
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Wind_FURY (OP)
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May 23, 2020, 10:41:13 AM |
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How low would the next dip be before the next surge beyond $10,000? One "analyst", that calls himself Cryptorphic in Tradingview, say that Support Level 1 is $8,484, Support Level 2 is $7,772.40, and Support Level 3 is $6,774.30.
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leyton11
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May 23, 2020, 12:49:36 PM |
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This is also the way many holders are using to make long-term profits. But I think we have to try to maximize profits so we don't have to lose a lot of hold time. We have EMA, Fibonacci and trendline. Although we are long-term investors, we need to know about TA. It will help us greatly in reducing the amount of money we can lose and have a good time to buy.
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casperBGD
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Nil Satis Nisi Optimum
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May 23, 2020, 12:57:02 PM |
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This is also the way many holders are using to make long-term profits. But I think we have to try to maximize profits so we don't have to lose a lot of hold time. We have EMA, Fibonacci and trendline. Although we are long-term investors, we need to know about TA. It will help us greatly in reducing the amount of money we can lose and have a good time to buy. yeah, one coin maximize profit, but you should know what you are doing, and that requires a lot of time as well, it is not easy to do TA, and then have nerves and be calm to choose right moment to buy and sell, if that is easy, we all would be millionaires, and we are not, correct me if i am wrong, best way is to HODL, if you do know how to trade, and most of us do not know
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KTChampions
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Leading Crypto Sports Betting & Casino Platform
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May 23, 2020, 10:07:47 PM |
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how do we know it's a DIP ?, is a 10% decrease is a DIP ?, I'm really worried if I go in now and the price keeps going down, is there an answer to this? Fun fact: if everyone buys and holds, the price will not make any difference since it will inevitably rise. The problem is that consensus on “never sell” will never be reached so the desired conditions (perpetual price increases) are unattainable. This reminds me of problems from game theory
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Wind_FURY (OP)
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May 26, 2020, 09:59:29 AM |
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how do we know it's a DIP ?, is a 10% decrease is a DIP ?, I'm really worried if I go in now and the price keeps going down, is there an answer to this? Fun fact: if everyone buys and holds, the price will not make any difference since it will inevitably rise. The problem is that consensus on “never sell” will never be reached so the desired conditions (perpetual price increases) are unattainable. This reminds me of problems from game theory That's true if you zoom in, and cut the all-time chart into 2012 - 2014 bull, 2014 - 2016 bear, 2016 - 2018 bull, and 2018 - 2020 bear. BUT, zoom out, put them together = ALL BULL.
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peter0425
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CryptopreneurBrainboss managerial service
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May 26, 2020, 11:16:19 AM |
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How low would the next dip be before the next surge beyond $10,000? One "analyst", that calls himself Cryptorphic in Tradingview, say that Support Level 1 is $8,484, Support Level 2 is $7,772.40, and Support Level 3 is $6,774.30.
I'm good even if the last support will reach,$6,700 level is enough for me to buy more as i have sold half of my Bitcoin last $10,000 level so i may earn at least 30% or more with that bottom. how do we know it's a DIP ?, is a 10% decrease is a DIP ?, I'm really worried if I go in now and the price keeps going down, is there an answer to this? Fun fact: if everyone buys and holds, the price will not make any difference since it will inevitably rise. The problem is that consensus on “never sell” will never be reached so the desired conditions (perpetual price increases) are unattainable. This reminds me of problems from game theory i have learn my lesson and i am not forever holding now,i am looking for opportunity to Buy and sell,in Low and High chances.
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Wind_FURY (OP)
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June 08, 2020, 09:49:05 AM |
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How low would the next dip be before the next surge beyond $10,000? One "analyst", that calls himself Cryptorphic in Tradingview, say that Support Level 1 is $8,484, Support Level 2 is $7,772.40, and Support Level 3 is $6,774.30.
I'm good even if the last support will reach,$6,700 level is enough for me to buy more as i have sold half of my Bitcoin last $10,000 level so i may earn at least 30% or more with that bottom. how do we know it's a DIP ?, is a 10% decrease is a DIP ?, I'm really worried if I go in now and the price keeps going down, is there an answer to this? Fun fact: if everyone buys and holds, the price will not make any difference since it will inevitably rise. The problem is that consensus on “never sell” will never be reached so the desired conditions (perpetual price increases) are unattainable. This reminds me of problems from game theory i have learn my lesson and i am not forever holding now,i am looking for opportunity to Buy and sell,in Low and High chances. Then you are serving the two faces of the whalecumulators. They dump when you buy, and pump when you sell, They should serve YOU. Buy the dip, and HODL.
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Dollar_Hunter
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COMBONetworkio
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June 08, 2020, 04:37:19 PM |
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what I did did buy when prices hit bottom, but there is no guarantee that prices continue to rise, but it doesn't matter if you hold coins from big projects like XRP and ETH, your capital can return and even get a profit. HODL!
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tbterryboy
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June 09, 2020, 08:14:08 AM |
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what I did did buy when prices hit bottom, but there is no guarantee that prices continue to rise, but it doesn't matter if you hold coins from big projects like XRP and ETH, your capital can return and even get a profit. HODL!
You must continue your holding and that doesn't mean that you may skip buying at dips . If you are equipped with excess money for investment purposes then always be awaken to catch all possible lower prices. For this, you should not go all-at-once. When you buy for only 10% of available capital then you may get 10 different prices through out the year. Which means you might have got some bitcoins below $4k as well, for example. At the same time, there are too many people who think that when they sell bitcoin the price is going up somehow and when they buy it it always goes down. Well, there is a reason for that, the market doesn't move depending on you, you move depending on the market and if you do buy at the very bottom, that is your own fault. Why buy out of nowhere on a regular day? Why would you want to spend any money on something that has premium price on it? You should wait until it crashes and anytime you buy before a huge crash, is a wrong time to buy.
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Wind_FURY (OP)
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June 11, 2020, 11:07:32 AM |
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If there was only a self-sovereign, decentralized, and censorship-resistant "asset" invented that can be used as a safe-haven/store of value. https://www.scmp.com/economy/global-economy/article/3088199/hong-kong-security-law-wealthy-chinese-fret-about-citys While anti-government protests have hurt Hong Kong’s reputation in recent years, well-off mainlanders are still attracted to the city’s unique privileges within China, including unrestricted capital flows, an uncensored internet and rule of law upheld by an independent judiciary. The freedoms have allowed them to park money in the city and access the outside world.
But China’s decision to move ahead with a national security law, which has raised the threat of sanctions from Washington, has some mainland investors unsure about the city’s fate as a commercial hub – and how this may affect their assets.
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