Buying the dips: do you have a specific criteria?

[zvs]

Apologies if this comes up a lot (as I'm sure it does) but when / how often do you feel is best to buy the dip?

I know its not an exact science but I've heard a few different preferences on this such as:

- When the price decreases x% on the weekly/monthly candle
- When the price moves below the weekly/monthly negative average
- Only a couple of times a year after a major correction
- Just look at the chart and go on your experience / gut

I buy when keyvendor is selling TF2 keys for 1.65 or less.  

But I guess a reasonable entry point (at a price you may see in the next few months) would be around $8400 USD (give or take $100-$200).

Probably won't see that $4100 USD value again any time soon.

(& if investing long term, hell, the $9000 is fine? why make yourself wait longer for capital gains rate, at least in the US?  it's much less taxes then.  well, i'd think.  otherwise you shouldn't be putting money in bitcoins .. I bought the juicy VDE ETF @ $40 .. it is good dividend yield and entering a semi-decent price again.  i'd probably buy this over bitcoin.  price of energy will go back up.  unless we enter nasty depression.  then you'd be screwed either way.  most people would tell you to buy gold.  i'd say to  buy lots of guns, and resell them for more later .. or perhaps some nice arable real estate out in the country, away from cities that dont have police departments.  )

[madhavsinghrajput]

Apologies if this comes up a lot (as I'm sure it does) but when / how often do you feel is best to buy the dip?

I know its not an exact science but I've heard a few different preferences on this such as:

- When the price decreases x% on the weekly/monthly candle
- When the price moves below the weekly/monthly negative average
- Only a couple of times a year after a major correction
- Just look at the chart and go on your experience / gut

I think every trader who doesn't believe in analysis think it's an opportunity to buy on dip and this can be best strategy for someone who is investing his surplus money and has a capacity of holding it for long term.someone who can have long stoploss.I was also the same in the beginning so is everyone but with experience they know that analysis is a must to prevent losses even though price seems very attractive and safe.

[rexxarofmoknathal]

People with an investor hat on always assesses when the right time for buying is, and as far as predicting when exactly in the dip the buying should occur no body knows for sure.
For me personally,  it depends on how much disposable income I have that I'm prepared to lose and when the candle is below 5% of the previous week. That's when I start thinking about buying in. I feel safe-ER like this because I can always add a stop loss which at times prevented me from losing out, though one word of caution is that this feature isn't 100% impregnable, you could still incur losses.

[Yamifoud]

The hardest thing in this crypto market is we don't know what happens in the next day. Even though we buy cryptos in every drop of prices but it won't still be the guarantee that we become profitable in the coming days as the market may drop more.

Buying cryptos in perfect time is what we wanted but somehow, it seems too impossible to predict and that perfect time will it matter to you as a buyer if we want to buy it. Should I buy Bitcoin by now since the price is at $9k? Of course, I would say I have to wait for a while when the price will drop a little bit more. The same thing happens to other coins.

[buwaytress]

I don't follow any of that TA, for me it's strictly psychological round numbers, with targets close to them or just below them (so that's 8k, 9k, 10k, etc).

Note, I don't actually BUY, I earn in BTC so I try to time invoices near there, when I have any. Same goes for selling.

It's a completely ridiculous experiment I'll say, as I make/lose just as much as when I don't time, so there you go.

[kryptqnick]

Apologies if this comes up a lot (as I'm sure it does) but when / how often do you feel is best to buy the dip?

I know its not an exact science but I've heard a few different preferences on this such as:

- When the price decreases x% on the weekly/monthly candle
- When the price moves below the weekly/monthly negative average
- Only a couple of times a year after a major correction
- Just look at the chart and go on your experience / gut

I think that first of all it's important to make sure that you believe the currency can recover from the dip. Many fall and never come back up (take Ripple as an example), so buying the dip wouldn't be a good idea. So what's important for me is that the coin recovered before. For instance, Bitcoin recovered from $6k to around $10k multiple times, so whenever it goes down to $6k next time, it might be a good opportunity to invest. I have to admit that I'm like buwaytress here in a sense that I don't buy BTC but earn it and then consider whether to sell or hodl.

[coolcoinz]

I don't buy anymore, but when I did it was all about the percentage drop.
Bitcoin follows the same path every time. All drops of 20% and less can be manipulated and come under the short-term volatility. You shouldn't be concerned about it unless you're a trader. Drops of 20-40% are good, but also may be an indication of an incoming bear market (like when there's a dead cat bounce following a 40% drop and then it goes back down).
A 50% drop is always a good investment and that's where you should start if you believe in the asset and are ready to stack up.

In 2014 that great zone was when the price fell from 1k back to $400. It later went as low as $200, but in 2015 it was already back above $400. It never stays at -60% for long.
In 2017 you had that early fall from 19k to 8k that a month later recovered back to 11k, went down to 6k and back to 10k, indicating that 60-65% from ATH as a great short term buy zone.
In 2018 we had a 50% drop from 6.4k to 3.2k - another great buying opportunity.
In 2020 another one from 10k to 5k.

When you see a 50% drop, get your fiat money ready (not a financial advice).

[XCANA]

You can't possibly know the dip exactly but be always prepare for the huge drop and buy some holding for yourself. Bitcoin really can't be determine by tools some individuals would suggests because it is a different technology which we are still engaging of knowing it secrets. Personally, I buy bitcoin when the price drop below $$9k and buy again when it drop further to $8-7k. In any time of the buy ensure to hold your coins for long-term than short-term.

[Oceat]

We all know that nobody could tell the exact price of Bitcoin but I buy according to the drop percentage. It's subjective if you may ask how did I do it since I buy when I feel it. You can always tell whether Bitcoin is going to bear market or bull run that's why I tell you it is subjective once you stay longer in this market you will know how to follow the trend.

[bitbunnny]

I have a very simple criteria.

When the people panic and that resulted to bring the price significantly, like a drop of 20% and above, then I would always take that price as long as it was not coming from a big pump as it could be a correction that could further dump.

No one can perfectly predict the dip but as long as we buy at a good price, then we will be able to sell it in a short term since bitcoin will always recover especially if its oversold.

Same here:  I always check for the market sentiment.  How the media is publishing stuff about Bitcoin and that includes some popular TA.  So matching TA and the market sentiment, that is my signal on buying or selling BTC.  And of course, a huge drop of price is always a go signal of buying.

I don't rely that much on media, this can be.misleading.
Yey, I watch the market and TA is just a side tool but most often I make decision based on my on prediction and of course the amount of funds that are available for me at that moment. Every price dip is an opportunity and I try to use it, not just waiting for massive price drop. I've learned so far that there is no ideal time for buying Bitcoin, you just must act according to the moment.

[dragonvslinux]

Generally only buying the really deep dips, starting from around 30-40% pull-backs, but laddering down to 50-60% in order to get a decent average near the lows.
Otherwise, in a more bullish uptrend, then the 0.382 to 0.5 fib retracement levels serve me well.

[Oilacris]

Apologies if this comes up a lot (as I'm sure it does) but when / how often do you feel is best to buy the dip?

I know its not an exact science but I've heard a few different preferences on this such as:

- When the price decreases x% on the weekly/monthly candle
- When the price moves below the weekly/monthly negative average
- Only a couple of times a year after a major correction
- Just look at the chart and go on your experience / gut

Most of these criterias do talk about technical analysis and i would say that it not really bad to have these kind of indicators but fully relying on them wont really be precise.

Its better to have these things than just randomly guessing that you are already on the bottom price or simply talks about your gut tells you behind.

Answering the question on how to consider dips then i do buy or accumulate when it drops -10% or more.We cant say on how much it would further go but at least you
have stashed cheaper coins a while ago.

[Saisher]

Apologies if this comes up a lot (as I'm sure it does) but when / how often do you feel is best to buy the dip?

I know its not an exact science but I've heard a few different preferences on this such as:

- When the price decreases x% on the weekly/monthly candle
- When the price moves below the weekly/monthly negative average
- Only a couple of times a year after a major correction
- Just look at the chart and go on your experience / gut

This is a thread worthy of a poll, everyone of us has different idea on when is the best time to buy a dip, in my case I go for the chart and rely on my gut feeling, if you have been looking on a chart it's dip and surge in the price, and on reading and getting update about the market , you can analyze the best situation and circumstances to buy when there is a dip.

[Reid]

Criteria huh? 

It's difficult to have the better answer.
Mostly, I end up losing more when I am trusting my instincts.
Next, it will be panic in thinking I may lose more if I don't sell it at the time another dip comes. (after the buy)

I guess it doesn't really have a better explanation for it.
Just buy the dip and trust it will come back up at a time. Mostly unexpected.

[STT]

Its never certain in results but buying into a dip is when you think the gradient forthcoming will be especially steeply positive.   So right now we've fallen and passed through some moving averages, I would wait some time for that energy to dissipate, because to challenge or stand in the way of a price moving the other way takes alot of confidence.   However if we somehow rise above the 2 day average for example then it starts to build the case for action to be possible to the upside, it becomes less dangerous and more within a range of possibilities that we go up.



Heres recent action 2 and 8 day in blue and orange line.   The flat yellow line there is arbitrary but its not a bad measure to hold, if we can close above that on a 1hr bar its sign selling may be receding.

- Just look at the chart and go on your experience / gut

People will reject this one because you mention gut.   But experience yes and taking a genuine interest in the price flow even when you arent involved, that counts and its just called gut because its subconscious but that doesnt mean thought isnt involved, its just not fully conscious or stated long hand.  Very easy to go wrong on that idea tbh.   Probably the best traders do alot of actions by these two things experience and reaction based on where they believe the price will appear next.

[slapper]

Its hard to know which price is a dip of bitcoin. But I believe that buying bitcoin below $6000 is always a good choice. Bitcoin currently can not go below $3000 anymore and many whales are trying to collect as many bitcoins as they can. There are no specific criteria or secret recipe here.

However, if you are a short term trader, buying bitcoin whenever it drops $500-1000$ is a good idea. Try to play with leverage to maximize your profit. But dont use it if you dont have experience in trading or money management

[babygun]

There is a general saying in the stock market that "time in the market beats market timing" however it is difficult to really apply this to BTC.
I just set in several buyorders (at 8000$ - 7000$ - 6000$) and also sell orders. Everybody has him own strategy, but this one is working for me (so far).

[carlfebz2]

Criteria huh? 

It's difficult to have the better answer.
Mostly, I end up losing more when I am trusting my instincts.
Next, it will be panic in thinking I may lose more if I don't sell it at the time another dip comes. (after the buy)

I guess it doesn't really have a better explanation for it.
Just buy the dip and trust it will come back up at a time. Mostly unexpected.

Actions would really vary depending into our own skills and knowledge but we cant really avoid the fact that emotions will also be a factor
that will surely affect on making up these decisions.

Yes, its really difficult in talks of precise answer on telling on what would be a specific criteria when buying out dips because not
all will really be having the same mindset in situations like this.

Some do make price actions and some do goes for reversal basing up on technicals.

[exstasie]

Apologies if this comes up a lot (as I'm sure it does) but when / how often do you feel is best to buy the dip?

I know its not an exact science but I've heard a few different preferences on this such as:

- When the price decreases x% on the weekly/monthly candle
- When the price moves below the weekly/monthly negative average
- Only a couple of times a year after a major correction
- Just look at the chart and go on your experience / gut

After a major correction (weekly or monthly time frame) and a subsequent accumulation bottom. Examples would be September 2015 and March/April 2019.

Dips below the 200-week MA are also historically excellent knife catching opportunities. Catching the knife does carry a lot of risk though.

The current mid-term structure is not as clear as the examples mentioned above. Strong upside momentum is present but there is no accumulation bottom, and we are still officially stuck in a longer term bear market since June 2019. That's why I'm fairly neutral about the mid-term outlook. I'm not sure which way this range is going to break.

[reliable]

I have certain levels if the price falls below a certain level or breaches the certain tolerance and considering the market situation I do buy the coins. Though not everything will go right because there are times when you think you bought at higher levels but overall when you look at it this will help you make profits and also exiting is equally important when invested for short term.