Bitcoin Forum
April 17, 2021, 12:27:33 PM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 [40] 41 42 43 44 45 »
  Print  
Author Topic: Buy every dip, and HODL!  (Read 8985 times)
Rana590
Sr. Member
****
Offline Offline

Activity: 1106
Merit: 250


Student Coin


View Profile
February 04, 2021, 01:36:11 PM
 #781

Buying the dip and holding is what drives the price of cryptocurrencies but one has to be careful what to hold in order to avoid being dumped on. We saw how it ended for some people in 2017. They ended up being dumped on and most of them were unable to come out of it for so long.
So, when you want to hodl any coin, be sure you're doing it what you can afford to lose or hodl for a very long period of time.
In that case we must hold a good cryptocurrency.  If the price of that cryptocurrency continues to fall, you still have to hold on.  Because even if the price of a strong cryptocurrency goes down, it will go up again.  All we need is strong morale.

STUDENTCOIN


















Powered by,
1618662453
Hero Member
*
Offline Offline

Posts: 1618662453

View Profile Personal Message (Offline)

Ignore
1618662453
Reply with quote  #2

1618662453
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1618662453
Hero Member
*
Offline Offline

Posts: 1618662453

View Profile Personal Message (Offline)

Ignore
1618662453
Reply with quote  #2

1618662453
Report to moderator
1618662453
Hero Member
*
Offline Offline

Posts: 1618662453

View Profile Personal Message (Offline)

Ignore
1618662453
Reply with quote  #2

1618662453
Report to moderator
Inspiron14
Full Member
***
Offline Offline

Activity: 560
Merit: 101


Platform for Cross Chain Fundraising


View Profile
February 04, 2021, 11:50:20 PM
 #782

Buying the dip and holding is what drives the price of cryptocurrencies but one has to be careful what to hold in order to avoid being dumped on. We saw how it ended for some people in 2017. They ended up being dumped on and most of them were unable to come out of it for so long.
So, when you want to hodl any coin, be sure you're doing it what you can afford to lose or hodl for a very long period of time.
In that case we must hold a good cryptocurrency.  If the price of that cryptocurrency continues to fall, you still have to hold on.  Because even if the price of a strong cryptocurrency goes down, it will go up again.  All we need is strong morale.
for me to hold when the dump occurs is a time-wasting action, because such a strategy only makes you lose your fiat asset estimate, I know your coins are still the same and don't decrease, but it's a shame if you don't stop lose and buy back at support prices next, because if you buy back then you get more coins or tokens that you will hold.

▀     ▀       Platform for Cross Chain Fundraising      [   P r ⦿ s t a r t e r .   ]           Invest today. Live tomorrow.       ▀     ▀
▀     ▀            Whitepaper  |  Facebook  |  Twitter  |  Telegram Group  |  Telegram Ann  |  Medium  |  Youtube  |            ▀     ▀
▬▬▬▬▬▬▬▬▬▬▬▬  ▬▬   Powered by BOUNTY DETECTIVE   ▬▬  ▬▬▬▬▬▬▬▬▬▬▬▬
okissabam
Sr. Member
****
Offline Offline

Activity: 700
Merit: 250


View Profile
February 05, 2021, 10:48:14 AM
 #783

Buying the dip and holding is what drives the price of cryptocurrencies but one has to be careful what to hold in order to avoid being dumped on. We saw how it ended for some people in 2017. They ended up being dumped on and most of them were unable to come out of it for so long.
So, when you want to hodl any coin, be sure you're doing it what you can afford to lose or hodl for a very long period of time.
In that case we must hold a good cryptocurrency.  If the price of that cryptocurrency continues to fall, you still have to hold on.  Because even if the price of a strong cryptocurrency goes down, it will go up again.  All we need is strong morale.
for me to hold when the dump occurs is a time-wasting action, because such a strategy only makes you lose your fiat asset estimate, I know your coins are still the same and don't decrease, but it's a shame if you don't stop lose and buy back at support prices next, because if you buy back then you get more coins or tokens that you will hold.

True but not all people have the guts to sell when the dump occurs, because mostly people think there’s more value if it’s in the holding asset and wait when it sky rockets again. Although there are a few risk takers who sells their coin when it reaches to a certain amount or stop loss and buy back again if it dumps hard so the next time it increase its value again, well it’s profit. But personally I prefer to HODL, and check my coins from time to time and do margin trading.
dunfida
Legendary
*
Online Online

Activity: 1960
Merit: 1080


Crypto Casino & Sportsbook


View Profile
February 05, 2021, 10:50:00 PM
 #784

Buying the dip and holding is what drives the price of cryptocurrencies but one has to be careful what to hold in order to avoid being dumped on. We saw how it ended for some people in 2017. They ended up being dumped on and most of them were unable to come out of it for so long.
So, when you want to hodl any coin, be sure you're doing it what you can afford to lose or hodl for a very long period of time.
In that case we must hold a good cryptocurrency.  If the price of that cryptocurrency continues to fall, you still have to hold on.  Because even if the price of a strong cryptocurrency goes down, it will go up again.  All we need is strong morale.
for me to hold when the dump occurs is a time-wasting action, because such a strategy only makes you lose your fiat asset estimate, I know your coins are still the same and don't decrease, but it's a shame if you don't stop lose and buy back at support prices next, because if you buy back then you get more coins or tokens that you will hold.

True but not all people have the guts to sell when the dump occurs, because mostly people think there’s more value if it’s in the holding asset and wait when it sky rockets again. Although there are a few risk takers who sells their coin when it reaches to a certain amount or stop loss and buy back again if it dumps hard so the next time it increase its value again, well it’s profit. But personally I prefer to HODL, and check my coins from time to time and do margin trading.
These kind of decisions will vary on someones risk management on where neither they might have panic sell or their stop loss had been triggered but they do already
had in mind on to buyback when the price do  tend to hit on the possible bottom.Making out some gradual buys until they do able to cover up on how much they had
lost earlier when they sell out in loss.Its just a matter of strategy and a bit mix of some gambling in mind for you to utilize the possible situations that might really
be ending up to be on the positive side of things.


██████████████████████████████████████████████████████████████████████
████████▀▀▀        ▀▀█████████████████████████████████████████████████
██████▀    ▄▄▄▄▄▄▄▄    ███████████████████████████████████████████████
█████    ▄█████████▌   ▐█████▀  ▐███████████████▌  ▀██████████████████
████▌   ▐██████████    █████    ████████████████    ██████████████████
████▌   ▐█████████▄▄▄▄█████▌   ▐███████████████▌   ▐███▀▀█████████████
█████    ▀███████████████▀▀        ▄███████████    ██▀   ▐████████████
██████▄     ▀▀███████▀▀         ▄▄███▀▀▀▀█████▌   ▐▀   ▄███▀▀   ▀█████
█████████▄▄     ▀▀███▄  ▄▄    ████▀    ▄   ███       ▄███▀   ▄█  ▐████
█████████████▄▄     ▀████▌   ▐███▀   ███   ██▌      ████    ██▀  █████
██████▀▀   ▀█████▄    ███    ████   ███▌  ▐██    ▌  ▐██▌      ▄▄██████
█████    ▄████████    ▐██    ██▀▀   ██▀   ▐▀    ▐█   ██▌   ▀██▀▀  ████
████▌   ▐████████▀    ███▄     ▄▄▄     ▄    ▄   ▐██   ██▄      ▄▄█████
████▌   ███████▀    ▄███████████████████████████████▄  ▀▀██████▀▀ ████
█████    ▀▀▀▀     ▄█████████▀    ▀█▀    ▀█       ▀████▄▄         ▄████
██████▄▄    ▄▄▄▄████████████  █████  ██  █  █  █  ████████████████████
█████████████████████████  █▄    ▄█▄    ▄█  █  █  ████████████████████
██████████████████████████████████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀▐▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄█▀▀▀█████████▀▀▀█▄
▄█▀    ▄▀█████▀     ▀█▄
▄█▄    █        ▀▄   ███▄
▄████▀▀▀▀▄       ▄▀▀▀▀▀███▄
████      ▀▄▄▄▄▄▀       ███
███     ▄▄███████▄▄     ▄▀█
█  ▀▄ ▄▀ ▀███████▀ ▀▄ ▄▀  █
▀█   █     ▀███▀     ▀▄  █▀
▀█▄▄█▄      █        █▄█▀
▀█████▄ ▄▀▀ ▀▀▄▄ ▄▄███▀
▀█████        ████▀
▀▀█▄▄▄▄▄▄▄█▀▀
● OVER 1000 GAMES
● DAILY RACES AND BONUSES
● 24/7 LIVE SUPPORT
boyptc
Hero Member
*****
Offline Offline

Activity: 1876
Merit: 592


★777Coin.com★ Fun BTC Casino!


View Profile
February 06, 2021, 06:06:03 PM
 #785

In that case we must hold a good cryptocurrency.  If the price of that cryptocurrency continues to fall, you still have to hold on.  Because even if the price of a strong cryptocurrency goes down, it will go up again.  All we need is strong morale.
You are talking in general about cryptocurrencies, be specific on which "good crypto" you're trying to say.

It's all about bitcoin.

HODLING it is the best choice ever that someone who's looking for a "good crypto" to invest.

fadhilz123
Full Member
***
Offline Offline

Activity: 854
Merit: 106


Malas Untuk Peduli


View Profile WWW
February 07, 2021, 09:27:38 AM
 #786

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

I already buy many kinds of the coin in dip and prepare for the next bull run. I will buy as many as I can because I believe that this year is the final year of crypto before it dumps like before. Even if this year is not going as same as in 2017 keep holding it, will give guarantee profits in the future

rhodelmabanal
Full Member
***
Offline Offline

Activity: 539
Merit: 100



View Profile
February 08, 2021, 09:31:44 AM
 #787

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

I already buy many kinds of the coin in dip and prepare for the next bull run. I will buy as many as I can because I believe that this year is the final year of crypto before it dumps like before. Even if this year is not going as same as in 2017 keep holding it, will give guarantee profits in the future
buying on dip and holding is a good strategy to earn but we need to have a big patience on this strategy, because the bull un is always unknown and we cannot predict on how many years we need to wait for the posible bullrun and if we dont have enough patience to wait, we can maybe loss our asset, it is easy to think that we can hold for a long term but that was not easy, because if we have a patience that last 3 to 4 years maybe we are now millionaires, look at the bitcoin price and imagine if you buy bitcoin last 2018 to year 2019.

Wind_FURY
Legendary
*
Offline Offline

Activity: 1792
Merit: 1099


www.Crypto.Games: Multiple coins, multiple games


View Profile
February 08, 2021, 11:13:45 AM
Merited by JayJuanGee (1)
 #788

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


I already buy many kinds of the coin in dip and prepare for the next bull run. I will buy as many as I can because I believe that this year is the final year of crypto before it dumps like before. Even if this year is not going as same as in 2017 keep holding it, will give guarantee profits in the future



buying on dip and holding is a good strategy to earn but we need to have a big patience on this strategy, because the bull un is always unknown and we cannot predict on how many years we need to wait for the posible bullrun and if we dont have enough patience to wait, we can maybe loss our asset, it is easy to think that we can hold for a long term but that was not easy, because if we have a patience that last 3 to 4 years maybe we are now millionaires, look at the bitcoin price and imagine if you buy bitcoin last 2018 to year 2019.


Bitcoin is actually very predictable. Satoshi might have invented the most predictable asset in the whole history of banking and finance, and technology.



If you’re not HODLing, and you’re scared to buy because the price is “too high”, then work, find a second job, and wait for the bear market, which might start during 2021 and end on 2024. Buy with everything you have during or after the next halving.

████  ███████  ███
██████████
███      ███████
███      ███████████
██████████████████
████████
███   ████  ███████████
███ ███████████████
█████████
█████████████████
███  ███████
██████████████
███        ████████
███████████▀▀███▀▀███████████
██████▀▀     ███     ▀▀██████
████▀   ▄▄█████████▄▄   ▀████
████▄▄▄███▀  ▀█▀  ▀███▄▄▄████
██▀▀▀██▀      ▀      ▀██▀▀▀██
█▀  ▄██               ██▄  ▀█
█   ████▄▄         ▄▄████   █
█▄  ▀██▀             ▀██▀  ▄█
██▄▄▄██▄             ▄██▄▄▄██
████▀▀▀███▄ ▄█ █▄ ▄███▀▀▀████
████▄   ▀▀███▄█████▀▀   ▄████
███████▄     ███     ▄███████
███████████▄▄███▄▄███████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
..PLAY NOW..
███  ███████  ████
██████████
███████      ███
███████████      ███
██████████████████
████████
███████████  ████   ███
███████████████ ███
█████████
█████████████████
███████  ███
██████████████
████████        ███
JayJuanGee
Legendary
*
Offline Offline

Activity: 2590
Merit: 3852


How much alt coin diversification is needed? 0%?


View Profile
February 08, 2021, 07:42:23 PM
 #789

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

I already buy many kinds of the coin in dip and prepare for the next bull run. I will buy as many as I can because I believe that this year is the final year of crypto before it dumps like before. Even if this year is not going as same as in 2017 keep holding it, will give guarantee profits in the future
buying on dip and holding is a good strategy to earn but we need to have a big patience on this strategy, because the bull un is always unknown and we cannot predict on how many years we need to wait for the posible bullrun and if we dont have enough patience to wait, we can maybe loss our asset, it is easy to think that we can hold for a long term but that was not easy, because if we have a patience that last 3 to 4 years maybe we are now millionaires, look at the bitcoin price and imagine if you buy bitcoin last 2018 to year 2019.

You seem to be a bit mixed up in your head, rhodelmabanal, about the various principles.

Sure, no one is going to know the BTC price exactly, but you still should be attempting to devise  personal BTC buying, accumulation and HODLing strategy that attempt to do your best in accumulating BTC.. and sure, not investing more than you can afford to lose in the event that the BTC price ends up going down in the long term rather than UPpity.

I personally doubt that people should devising plans to become richie  in one or two bitcoin cycles because then they are likely engaging in way more gambling than necessary or that they really can afford.  But sure, two or three cycles which would be 8-12 years could well put a lot of people in a decent position in terms of the value of their bitcoin holdings and also so long as they continue to invest and to be putting some kind of meaningful stake into bitcoin, whether that be 1% to 10% of their savings or maybe even a more aggressive approach.  Individuals need to tailor their investment strategies and approaches to their own circumstances.

[edited out]


Bitcoin is actually very predictable. Satoshi might have invented the most predictable asset in the whole history of banking and finance, and technology.



If you’re not HODLing, and you’re scared to buy because the price is “too high”, then work, find a second job, and wait for the bear market, which might start during 2021 and end on 2024. Buy with everything you have during or after the next halving.

Part of the reason that I suggest a three pronged approach, rather than something more limited is to allow for a certain amount of inabilities to predict what is a dip.. so in that regard, one of the prongs that I suggest contains continued buying no matter what the price.  Of course, individuals have to decide how to budget and to allocate the proportions of their various prongs of their strategy and in my case, there remain three conceptual areas of framing such concepts.  One is DCA, another is buying on dips and a third is buying right away with what you have.  These categories tend to be divided into three, so if you were to all of a sudden get an extra $1,200 that you would be able to invest, then you would buy right away with 1/3 ($400), plug 1/3 ($400) into DCA and plug 1/3 ($400) into buying on dips...

Sure there are some devils in the details, but that remains the overall framework that I recommend as a way to divide the differing budgeted strategy amounts..... and of course, the longer that anyone employs whatever strategy that s/he is employing, then s/he should be learning along the way and tailoring the strategies to his/her own situation and accumulation goals, cashflow and other personal circumstances such as other investments, views of bitcoin as compared with other investments, risk tolerance, timeline, and time, ability and skills to learn, plan, tweak and reallocate from time to time (which might include trading too).

Put BTC here: 35EVP8EePt8dyvKHaB7bXaRmKLm22YgRCA

How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
Wind_FURY
Legendary
*
Offline Offline

Activity: 1792
Merit: 1099


www.Crypto.Games: Multiple coins, multiple games


View Profile
February 09, 2021, 07:23:47 AM
 #790


[edited out]


Bitcoin is actually very predictable. Satoshi might have invented the most predictable asset in the whole history of banking and finance, and technology.



If you’re not HODLing, and you’re scared to buy because the price is “too high”, then work, find a second job, and wait for the bear market, which might start during 2021 and end on 2024. Buy with everything you have during or after the next halving.


Part of the reason that I suggest a three pronged approach, rather than something more limited is to allow for a certain amount of inabilities to predict what is a dip.. so in that regard, one of the prongs that I suggest contains continued buying no matter what the price.  

Of course, individuals have to decide how to budget and to allocate the proportions of their various prongs of their strategy and in my case, there remain three conceptual areas of framing such concepts.  One is DCA, another is buying on dips and a third is buying right away with what you have.  These categories tend to be divided into three, so if you were to all of a sudden get an extra $1,200 that you would be able to invest, then you would buy right away with 1/3 ($400), plug 1/3 ($400) into DCA and plug 1/3 ($400) into buying on dips...

Sure there are some devils in the details, but that remains the overall framework that I recommend as a way to divide the differing budgeted strategy amounts..... and of course, the longer that anyone employs whatever strategy that s/he is employing, then s/he should be learning along the way and tailoring the strategies to his/her own situation and accumulation goals, cashflow and other personal circumstances such as other investments, views of bitcoin as compared with other investments, risk tolerance, timeline, and time, ability and skills to learn, plan, tweak and reallocate from time to time (which might include trading too).


For plebs like me, I believe buying no matter what the price currently is very hard from a psychological standpoint. It might not be as hard during $3,000 to $20,000, with $20,000 starting to be a little hard, but buying during new ATH? That’s an outcome for buying high, and selling low during panic-crashes, especially or newbies. I would currently not tell friends and family to buy now. BUT, I might tell some who can take a loss to use Elon Musk as their guide, and leave. Hahaha.

████  ███████  ███
██████████
███      ███████
███      ███████████
██████████████████
████████
███   ████  ███████████
███ ███████████████
█████████
█████████████████
███  ███████
██████████████
███        ████████
███████████▀▀███▀▀███████████
██████▀▀     ███     ▀▀██████
████▀   ▄▄█████████▄▄   ▀████
████▄▄▄███▀  ▀█▀  ▀███▄▄▄████
██▀▀▀██▀      ▀      ▀██▀▀▀██
█▀  ▄██               ██▄  ▀█
█   ████▄▄         ▄▄████   █
█▄  ▀██▀             ▀██▀  ▄█
██▄▄▄██▄             ▄██▄▄▄██
████▀▀▀███▄ ▄█ █▄ ▄███▀▀▀████
████▄   ▀▀███▄█████▀▀   ▄████
███████▄     ███     ▄███████
███████████▄▄███▄▄███████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
..PLAY NOW..
███  ███████  ████
██████████
███████      ███
███████████      ███
██████████████████
████████
███████████  ████   ███
███████████████ ███
█████████
█████████████████
███████  ███
██████████████
████████        ███
JayJuanGee
Legendary
*
Offline Offline

Activity: 2590
Merit: 3852


How much alt coin diversification is needed? 0%?


View Profile
February 09, 2021, 07:46:03 AM
 #791


[edited out]

For plebs like me, I believe buying no matter what the price currently is very hard from a psychological standpoint. It might not be as hard during $3,000 to $20,000, with $20,000 starting to be a little hard, but buying during new ATH? That’s an outcome for buying high, and selling low during panic-crashes, especially or newbies. I would currently not tell friends and family to buy now. BUT, I might tell some who can take a loss to use Elon Musk as their guide, and leave. Hahaha.

seems to me to be all a matter of proportion.. and surely if you have not reached your accumulation goal then buying $100 per week might be good.  Saving $100 per week to buy on dips might be good as a supplement.. each person should figure out their proportions, but if they are just getting into bitcoin, they have to start somewhere, which likely means buying some now... buying regularly and buying on dips... and maybe some other individually tailored variations.....

Those of us who already have a established a decent BTC stash can sit back and say, just wait for the dip, and yeah, works well for us, but such dip might not come... not saying either way, but there have been a lot of peeps left out of bitcoin because they failed/refused to establish some kind of a regular buying strategy.. and were to damned busy waiting for dips that ended up NOT happening.

Put BTC here: 35EVP8EePt8dyvKHaB7bXaRmKLm22YgRCA

How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
acquafredda
Legendary
*
Offline Offline

Activity: 1176
Merit: 1260


Up, Up, Up!


View Profile
February 09, 2021, 09:32:54 AM
Merited by JayJuanGee (1)
 #792


[edited out]

For plebs like me, I believe buying no matter what the price currently is very hard from a psychological standpoint. It might not be as hard during $3,000 to $20,000, with $20,000 starting to be a little hard, but buying during new ATH? That’s an outcome for buying high, and selling low during panic-crashes, especially or newbies. I would currently not tell friends and family to buy now. BUT, I might tell some who can take a loss to use Elon Musk as their guide, and leave. Hahaha.

seems to me to be all a matter of proportion.. and surely if you have not reached your accumulation goal then buying $100 per week might be good.  Saving $100 per week to buy on dips might be good as a supplement.. each person should figure out their proportions, but if they are just getting into bitcoin, they have to start somewhere, which likely means buying some now... buying regularly and buying on dips... and maybe some other individually tailored variations.....

Those of us who already have a established a decent BTC stash can sit back and say, just wait for the dip, and yeah, works well for us, but such dip might not come... not saying either way, but there have been a lot of peeps left out of bitcoin because they failed/refused to establish some kind of a regular buying strategy.. and were to damned busy waiting for dips that ended up NOT happening.
Dips ain't gonna happen anytime soon. 50k is the next psychological barrier after that I expect some shaky days with some good dips. JJG you are right though, for those who have kept buying through the most difficult times it is only time to sit back and enjoy.
I still buy some tiny amount every month to unload useless euros.

███████████████████████████
███████████████████████████
██▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█████████
████████████▀▀       ▀▀████
█████▀▀▀▀▀▀             ███
██████████    ▄█████▄    ██
██████████    ███████    ██
██████████    ▀█████▀    ██
█████▄▄▄▄▄▄             ███
████████████▄▄       ▄▄████
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████████
███████████████████████████
███████████████████████████
.
.ROLLBIT..
THE SOCIAL & PROVABLY FAIR
CRYPTO CASINO

                TWITTER     |     DISCORD               
●  Instant Deposits & Withdrawals
●  Rakeback & Level Up Bonuses
●  Live Customer Support
..PLAY NOW..
Wind_FURY
Legendary
*
Offline Offline

Activity: 1792
Merit: 1099


www.Crypto.Games: Multiple coins, multiple games


View Profile
February 09, 2021, 09:50:14 AM
 #793


[edited out]

For plebs like me, I believe buying no matter what the price currently is very hard from a psychological standpoint. It might not be as hard during $3,000 to $20,000, with $20,000 starting to be a little hard, but buying during new ATH? That’s an outcome for buying high, and selling low during panic-crashes, especially or newbies. I would currently not tell friends and family to buy now. BUT, I might tell some who can take a loss to use Elon Musk as their guide, and leave. Hahaha.

seems to me to be all a matter of proportion.. and surely if you have not reached your accumulation goal then buying $100 per week might be good.  Saving $100 per week to buy on dips might be good as a supplement.. each person should figure out their proportions, but if they are just getting into bitcoin, they have to start somewhere, which likely means buying some now... buying regularly and buying on dips... and maybe some other individually tailored variations.....

Those of us who already have a established a decent BTC stash can sit back and say, just wait for the dip, and yeah, works well for us, but such dip might not come... not saying either way, but there have been a lot of peeps left out of bitcoin because they failed/refused to establish some kind of a regular buying strategy.. and were to damned busy waiting for dips that ended up NOT happening.


That migh work for crazy HODLers like us, but for the other side of me, that’s a pleb, and combine the plebness with being a Bitcoin newbie, I believe they don’t have the right psychological “hardness” to buy the dip during a 20% price crash. I believe many would them would sell. Paper hands, then blame the market for the loss. Newbies should be buying in the right kind of conditions.

████  ███████  ███
██████████
███      ███████
███      ███████████
██████████████████
████████
███   ████  ███████████
███ ███████████████
█████████
█████████████████
███  ███████
██████████████
███        ████████
███████████▀▀███▀▀███████████
██████▀▀     ███     ▀▀██████
████▀   ▄▄█████████▄▄   ▀████
████▄▄▄███▀  ▀█▀  ▀███▄▄▄████
██▀▀▀██▀      ▀      ▀██▀▀▀██
█▀  ▄██               ██▄  ▀█
█   ████▄▄         ▄▄████   █
█▄  ▀██▀             ▀██▀  ▄█
██▄▄▄██▄             ▄██▄▄▄██
████▀▀▀███▄ ▄█ █▄ ▄███▀▀▀████
████▄   ▀▀███▄█████▀▀   ▄████
███████▄     ███     ▄███████
███████████▄▄███▄▄███████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
..PLAY NOW..
███  ███████  ████
██████████
███████      ███
███████████      ███
██████████████████
████████
███████████  ████   ███
███████████████ ███
█████████
█████████████████
███████  ███
██████████████
████████        ███
BrewMaster
Legendary
*
Offline Offline

Activity: 1876
Merit: 1226


There is trouble abrewing


View Profile
February 09, 2021, 04:47:26 PM
Merited by JayJuanGee (1)
 #794

seems to me to be all a matter of proportion.. and surely if you have not reached your accumulation goal then buying $100 per week might be good.  Saving $100 per week to buy on dips might be good as a supplement.. each person should figure out their proportions, but if they are just getting into bitcoin, they have to start somewhere, which likely means buying some now... buying regularly and buying on dips... and maybe some other individually tailored variations.....

Those of us who already have a established a decent BTC stash can sit back and say, just wait for the dip, and yeah, works well for us, but such dip might not come... not saying either way, but there have been a lot of peeps left out of bitcoin because they failed/refused to establish some kind of a regular buying strategy.. and were to damned busy waiting for dips that ended up NOT happening.

most people in the world are living on a salary, which means every week or month they receive some money so the only logical strategy of investing in bitcoin should be to deduct the expenses from that money then decide how much of the leftover they want to invest in bitcoin.
in other words most people don't have a predefined target for how much BTC they want to buy, they have to buy it every week. which is where these short term dips come in.

JayJuanGee
Legendary
*
Offline Offline

Activity: 2590
Merit: 3852


How much alt coin diversification is needed? 0%?


View Profile
February 09, 2021, 04:57:49 PM
Last edit: February 09, 2021, 05:21:45 PM by JayJuanGee
 #795


[edited out]

For plebs like me, I believe buying no matter what the price currently is very hard from a psychological standpoint. It might not be as hard during $3,000 to $20,000, with $20,000 starting to be a little hard, but buying during new ATH? That’s an outcome for buying high, and selling low during panic-crashes, especially or newbies. I would currently not tell friends and family to buy now. BUT, I might tell some who can take a loss to use Elon Musk as their guide, and leave. Hahaha.

seems to me to be all a matter of proportion.. and surely if you have not reached your accumulation goal then buying $100 per week might be good.  Saving $100 per week to buy on dips might be good as a supplement.. each person should figure out their proportions, but if they are just getting into bitcoin, they have to start somewhere, which likely means buying some now... buying regularly and buying on dips... and maybe some other individually tailored variations.....

Those of us who already have a established a decent BTC stash can sit back and say, just wait for the dip, and yeah, works well for us, but such dip might not come... not saying either way, but there have been a lot of peeps left out of bitcoin because they failed/refused to establish some kind of a regular buying strategy.. and were to damned busy waiting for dips that ended up NOT happening.
Dips ain't gonna happen anytime soon. 50k is the next psychological barrier after that I expect some shaky days with some good dips. JJG you are right though, for those who have kept buying through the most difficult times it is only time to sit back and enjoy.
I still buy some tiny amount every month to unload useless euros.

Something went wrong with my written response, so I am writing it again.  Shit.

Surely we have to consider that many of us are getting our cashflows in fiat, so that fiat is going to be stacking up if we do not develop a comprehensive plan, and surely some folks might well be satisfied with merely allowing the fiat to build up and to wait for dips that may or may not happen.  So I am not even suggesting that buying on dips is not a good strategy, but it is not a good one for everyone and it might not be sufficiently specifically tailored.. and in that regard, the three pronged (perhaps more than three) approach is my recommendation.  Schedule some for 1) buying right way, 2) dca, 3) buying on dips and 4) perhaps figuring out how to employ money that has been generated by selling on the way up to the extent that such money exists and your strategy involves that kind of money, too.

So not only are peeps going to be in a different place in regards to whether they have reached their BTC accumulation goals they are also going to be in different places to the extent that they are still generating fiat that they might want to allocate to BTC accumulation.. and to divide that new cash into various categories in terms of strategizing their BTC accumulation methodologies.

[edited out]

That migh work for crazy HODLers like us,
My conceptualization of the strategy can work for anyone and is even including a bit of emphasis on those who consider themselves to be BTC accumulators.  I am not even suggesting the strategy would be as good for someone who might be in a BTC stash maintenance stage or a liquidation stage - even though there can still be some useful tips for any stage that a BTC accumulator/holder might be in, but I am moreso considering the accumulators and the persons who might be new to BTC in terms of needing to make sure that they are also comfortable with whatever stake that they might have made in BTC based on their circumstances.

but for the other side of me, that’s a pleb, and combine the plebness with being a Bitcoin newbie, I believe they don’t have the right psychological “hardness” to buy the dip during a 20% price crash.

No need to be patronizing..

Any of the fucks can develop a strategy, whether they are quasi-retarded or not.  Sure, the more retarded, the more difficult to focus on strategies that do not devolve into gambling, but of course, any people have capacities to develop strategies or to improve on their own strategies based on current circumstances.

I believe many would them would sell.

Yes... of course, there are people who do not think through their plans enough, the value their wealth in dollars and sure there are lots of problems, but the mere fact that there are a lot of people with various weaknesses does not mean that they should not be attempting to solidify their BTC strategies in such ways to cause themselves to be in much more likely better places and to restrain themselves from various extremes...

I am a bit of a who cares if some people do dumb things.. I don't have problems making fun of them... if such making fun is warranted.

Paper hands, then blame the market for the loss. Newbies should be buying in the right kind of conditions.

Sure personal responsibility is important psychologically and financially.. but I still believe that my framework helps to hone those various skills rather than waiting for fucking dips that might not happen.

Put BTC here: 35EVP8EePt8dyvKHaB7bXaRmKLm22YgRCA

How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
arufox
Full Member
***
Offline Offline

Activity: 658
Merit: 101


Student Coin


View Profile WWW
February 09, 2021, 10:00:52 PM
 #796

If compare the price since this thread is created, i think we never ever going back to the 2019 price, so I think no more deep price like 2019. The most appropriate course of action for now is to buy everything and don't be scare about peak price, you will see another peak if you HOLD it

► StudentCoin◄ ♦ Platform to create personal, DeFi and NFT Tokens♦ ► StudentCoin◄
───●●───●●───●●───●●───●●─[   Bounty Detective   ]─●●───●●───●●───●●───●●───
Website◂ | ▸Twitter◂ | ▸Facebook◂ | ▸LinkedIn◂ | ▸Telegram◂ | ▸Reddit◂ | ▸Instagram
Wind_FURY
Legendary
*
Offline Offline

Activity: 1792
Merit: 1099


www.Crypto.Games: Multiple coins, multiple games


View Profile
February 10, 2021, 06:53:09 AM
Merited by JayJuanGee (1)
 #797


[edited out]

For plebs like me, I believe buying no matter what the price currently is very hard from a psychological standpoint. It might not be as hard during $3,000 to $20,000, with $20,000 starting to be a little hard, but buying during new ATH? That’s an outcome for buying high, and selling low during panic-crashes, especially or newbies. I would currently not tell friends and family to buy now. BUT, I might tell some who can take a loss to use Elon Musk as their guide, and leave. Hahaha.

seems to me to be all a matter of proportion.. and surely if you have not reached your accumulation goal then buying $100 per week might be good.  Saving $100 per week to buy on dips might be good as a supplement.. each person should figure out their proportions, but if they are just getting into bitcoin, they have to start somewhere, which likely means buying some now... buying regularly and buying on dips... and maybe some other individually tailored variations.....

Those of us who already have a established a decent BTC stash can sit back and say, just wait for the dip, and yeah, works well for us, but such dip might not come... not saying either way, but there have been a lot of peeps left out of bitcoin because they failed/refused to establish some kind of a regular buying strategy.. and were to damned busy waiting for dips that ended up NOT happening.
Dips ain't gonna happen anytime soon. 50k is the next psychological barrier after that I expect some shaky days with some good dips. JJG you are right though, for those who have kept buying through the most difficult times it is only time to sit back and enjoy.
I still buy some tiny amount every month to unload useless euros.

Something went wrong with my written response, so I am writing it again.  Shit.

Surely we have to consider that many of us are getting our cashflows in fiat, so that fiat is going to be stacking up if we do not develop a comprehensive plan, and surely some folks might well be satisfied with merely allowing the fiat to build up and to wait for dips that may or may not happen.  So I am not even suggesting that buying on dips is not a good strategy, but it is not a good one for everyone and it might not be sufficiently specifically tailored.. and in that regard, the three pronged (perhaps more than three) approach is my recommendation.  Schedule some for 1) buying right way, 2) dca, 3) buying on dips and 4) perhaps figuring out how to employ money that has been generated by selling on the way up to the extent that such money exists and your strategy involves that kind of money, too.

So not only are peeps going to be in a different place in regards to whether they have reached their BTC accumulation goals they are also going to be in different places to the extent that they are still generating fiat that they might want to allocate to BTC accumulation.. and to divide that new cash into various categories in terms of strategizing their BTC accumulation methodologies.

[edited out]

That migh work for crazy HODLers like us,
My conceptualization of the strategy can work for anyone and is even including a bit of emphasis on those who consider themselves to be BTC accumulators.  I am not even suggesting the strategy would be as good for someone who might be in a BTC stash maintenance stage or a liquidation stage - even though there can still be some useful tips for any stage that a BTC accumulator/holder might be in, but I am moreso considering the accumulators and the persons who might be new to BTC in terms of needing to make sure that they are also comfortable with whatever stake that they might have made in BTC based on their circumstances.

but for the other side of me, that’s a pleb, and combine the plebness with being a Bitcoin newbie, I believe they don’t have the right psychological “hardness” to buy the dip during a 20% price crash.

No need to be patronizing..

Any of the fucks can develop a strategy, whether they are quasi-retarded or not.  Sure, the more retarded, the more difficult to focus on strategies that do not devolve into gambling, but of course, any people have capacities to develop strategies or to improve on their own strategies based on current circumstances.

I believe many would them would sell.

Yes... of course, there are people who do not think through their plans enough, the value their wealth in dollars and sure there are lots of problems, but the mere fact that there are a lot of people with various weaknesses does not mean that they should not be attempting to solidify their BTC strategies in such ways to cause themselves to be in much more likely better places and to restrain themselves from various extremes...

I am a bit of a who cares if some people do dumb things.. I don't have problems making fun of them... if such making fun is warranted.

Paper hands, then blame the market for the loss. Newbies should be buying in the right kind of conditions.

Sure personal responsibility is important psychologically and financially.. but I still believe that my framework helps to hone those various skills rather than waiting for fucking dips that might not happen.


I’m not patronizing, or making fun, or anything like that. I am simply scared to tell close friends, and family to buy during the current market cycle. I WAS forcing them, almost, to buy when Bitcoin was $5,000, $10,000, $15,000. But what did they do?

If I am patronizing, I believe they deserve some of it. They missed a golden opportunity, which they have known because someone, me, was nagging them.

████  ███████  ███
██████████
███      ███████
███      ███████████
██████████████████
████████
███   ████  ███████████
███ ███████████████
█████████
█████████████████
███  ███████
██████████████
███        ████████
███████████▀▀███▀▀███████████
██████▀▀     ███     ▀▀██████
████▀   ▄▄█████████▄▄   ▀████
████▄▄▄███▀  ▀█▀  ▀███▄▄▄████
██▀▀▀██▀      ▀      ▀██▀▀▀██
█▀  ▄██               ██▄  ▀█
█   ████▄▄         ▄▄████   █
█▄  ▀██▀             ▀██▀  ▄█
██▄▄▄██▄             ▄██▄▄▄██
████▀▀▀███▄ ▄█ █▄ ▄███▀▀▀████
████▄   ▀▀███▄█████▀▀   ▄████
███████▄     ███     ▄███████
███████████▄▄███▄▄███████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
..PLAY NOW..
███  ███████  ████
██████████
███████      ███
███████████      ███
██████████████████
████████
███████████  ████   ███
███████████████ ███
█████████
█████████████████
███████  ███
██████████████
████████        ███
Kittygalore
Member
**
Offline Offline

Activity: 686
Merit: 31

★Bitvest.io★ Play Plinko or Invest!


View Profile
February 10, 2021, 07:43:10 AM
Merited by JayJuanGee (1)
 #798

If compare the price since this thread is created, i think we never ever going back to the 2019 price, so I think no more deep price like 2019. The most appropriate course of action for now is to buy everything and don't be scare about peak price, you will see another peak if you HOLD it
That is still reckless tactic in my opinion and buying every dip and hodling is still a better tactic, many didn't expect the prices to crash at 2018 but it did happen, buy the price at every down turn to make sure that you aren't losing a lot of money when a big dip ever happens. The problem is that we don't know what is in store for the future so all we can do is right now is to risk a little but be full of caution on what you are doing. You can hodl but you don't need to buy at every price point, if you want to profit big, you need to wait for a big increase in the prices which could take years or in best case months.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
gazilla
Member
**
Offline Offline

Activity: 336
Merit: 11


View Profile
February 10, 2021, 07:54:48 AM
 #799

Yes I totally agree, however, before coming to the holding part, one should do research and find coins that are worth holding, as a lot of coins that I held on the last bullrun are now obsolete.   
Reatim
Sr. Member
****
Offline Offline

Activity: 1708
Merit: 308


Looking for Manager?Hhampuz is your guy


View Profile
February 10, 2021, 08:35:18 AM
Merited by JayJuanGee (1)
 #800

If compare the price since this thread is created, i think we never ever going back to the 2019 price, so I think no more deep price like 2019.
How can you be so sure? does anyone expect everything that happens in this market? and why use 2019 when the most deepest drop is happen in 2020 when the Pandemic strikes the world?
Quote
The most appropriate course of action for now is to buy everything and don't be scare about peak price, you will see another peak if you HOLD it

Buy Everything ? How come you be so sure that everything will Come out high? never release this advise because this only prove 1 thing that you don't know what you are saying.

- Buy only what you think and research is better.

- Buy only When you have the funds that you can afford to lose.


These are the method you must understand and learn.

.
.Duelbits.
            ▄████▄▄
          ▄█████████▄
        ▄█████████████▄
     ▄██████████████████▄
   ▄████▄▄▄█████████▄▄▄███▄
 ▄████▐▀▄▄▀▌████▐▀▄▄▀▌██

 ██████▀▀▀▀███████▀▀▀▀█████

▐████████████■▄▄▄■██████████▀
▐██████████████████████████▀
██████████████████████████▀
▀███████████████████████▀
  ▀███████████████████▀
    ▀███████████████▀
▄▀▄
█   █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█▀▀▀▀▀█
▀█▀█▀
█▄█
█▄█
▄▀▄
█   █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█▀▀▀▀▀█
▀█▀█▀
█▄█
█▄█
.
         ▄ ▄▄▀▀▀▀▄▄
         ▄▀▀▄      █
         █   ▀▄     █
       ▄█▄     ▀▄   █
      ▄▀ ▀▄      ▀█▀
    ▄▀     ▀█▄▄▄▀▀ ▀
  ▄▀  ▄▀  ▄▀
 ▀▄    ▄▀▀
Live Games

   ▄▄▀▀▀▀▀▀▀▄▄
 ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄
▄▀ █ ▄  █  ▄ █ ▀▄
█ █   ▀   ▀   █ █  ▄▄▄
█ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █   █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█  █▄█
█ ▀▀█  ▀▀█  ▀▀█ █  █▄█
█  █    █    █  █  █ █
Slots
.
        ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄
        █         ▄▄  █
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄       █
█  ▄▄         █       █
█             █       █
█   ▄▀▀▄▀▀▄   █       █
█   ▀▄   ▄▀   █       █
█     ▀▄▀     █   ▀▀  █
Blackjack
.
▄▄▀█████▀▄▄
▄▀▀   █████ ▄▄▀▀▄
███▄  ▄█████▄▀▀▄███
██████▀▀     ▀▀██████
█ ▀▀██▀ ▀▄   ▄▀ ▀██▀▀ █
█    █    ███    █    █
█ ▄▄██▄ ▄▀   ▀▄ ▄██▄▄ █
██████▄▄     ▄▄██████
Roulette
.
█▀▀▀▄             ▄▀▀▀█
█ ▀▄ ▀▄         ▄▀ ▄▀ █
▀▄ ▀▄ ▀▄     ▄▀ ▄▀ ▄▀
▀▄ ▀▄ ▀▄  ▀ ▄▀ ▄▀
▀▄ ▀▄ ▀▄ ▀ ▄▀
▄ ▀▄ ▀▄ ▀▄  ▄
█ ▀▄ ▀▄ ▀  ▄▀ █
▄▀▄ ▀▄ ▀ ▄▀ ▄▀▄
Dice Duels
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 [40] 41 42 43 44 45 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!