ethereumhunter
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January 14, 2021, 10:32:07 AM |
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If you meant about the dip a few days ago, I am afraid I do not buy at that price. But I bought bitcoin at $35k, and I still hold it because I want to sell it when the price increase to $40k. But if your mean bought the dip was a long time ago, then I do not buy bitcoin because I get bitcoin for free from the faucet But I bought bitcoin before the price jump to $19k in 2017-2018 and sell some parts at that peak.
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Ultegra134
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January 14, 2021, 11:00:33 AM |
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Correct version of your question: "Did you buy the dip?"
My answer: "Yes I bought the dip, but it wasn't the one in 2021"
It definitely wasn't a dip like the ones that have occurred in the past. However, billions of dollars were "lost" in market cap and its value dumped by at least 12%. You cannot say that's an insignificant crash. I only bought a small amount of Bitcoin, to be honest, I was afraid that it wouldn't recover so quickly.
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bonjouros
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January 14, 2021, 05:31:20 PM |
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The dip has happened but I wonder if many were able to buy the dip as I am sure that many are afraid that the bitcoin price and other currencies will continue to go down. In my case, I was able to secure a good amount of assets from the dip and I am happy to my decision as the market is starting to crawl again pointing upward.
I guess the next dip will be after hitting the $50k price for bitcoin and I will be waiting for it again, I will stock more once there will correction that will happen to the market.
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hahay
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Leading Crypto Sports Betting & Casino Platform
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January 14, 2021, 05:49:13 PM |
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Even though the price went down but it was still a high value and I wasn't sure to buy more at that time, but at least buying according to the available financial capacity I don't think would be wrong either because even today we can see it keeps going up. Well, whatever the choice of buying or not, at least there are other cryptos and I think it will be more accessible to many in the community to have because the price is still cheap.
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Quidat
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January 14, 2021, 06:46:12 PM |
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Bought the dip? I thought so because of that recent 32k price dump and i did able to enter not on that exact point but on 33k and able to sell when it hits 36k and when it dipped again in 33k then i had rebought it and now that the price is almost hitting 40k then thats the sweet spot for you to sell on now. Pointing out these sweet spots isnt something that you can really hit up from time to time and with some mix of gut and intuition plus analysis then you can really able to enter on this one and able to make profits in short span of time.
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aoluain
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January 14, 2021, 07:29:35 PM |
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Yes indeed multiple times over a few days as I got FIAT. I always try to buy Bitcoin when it is on Discount sale... I always have and will continue on in the future.
I dont get hung up on the price, I just buy because when Bitcoin is at $100,000 it will matter little if I bought at $33,500 or $36,500.
Dollar Cost Averaging
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BIT-BENDER
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January 14, 2021, 07:38:18 PM |
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Nah, not enough cash for me in the beginning of the year, LMAO.
In any case, those who have bought in this dip at the discount should be very lucky. And just by looking at their portfolio, the price is already on the way to make a good bounce and for sure they will feel happy that they take advantage of the discounted price and didn't wait for the price to hit $20k.
Yes they have now, after buying and after the price increase, seen they were good to buy when they bought, but If any one hasn't still bought, can buy maybe just like those one's in months time would look back when they bought and have same, or more exciting feelings like this ones are having at the moment. If you want to buy Bitcoin regretting why did you not buy before will delay you from buying, and maybe more regrets.
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minersday
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January 14, 2021, 09:01:35 PM |
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Considering what happened in December 2017 and the early part of 2018, personally I wasn't encouraged to buy Bitcoin when the price dropped to $30k. I was thinking it might drop further. And based on what happened, I'm very sure a lot of people will not make a mistake of buying at $30k. The bitcoin market is so unpredictable.
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Wysi
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January 14, 2021, 09:50:28 PM |
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We missed it again, atleast I kissed it as I was expecting more more dump and planning to buy at rock bottom but the market turned green once again this limiting chances to buy at dip and moreover it was tricky situation wherein most of us would hesitate to buy when the value starts dropping after reaching ATH as it generally means bullrun is over but this time it's getting kore complicated to predict or follow anything.
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Ridwan Fauzi
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January 14, 2021, 10:05:02 PM |
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Yeah it will be difficult especially for most investor out there who buy bitcoin when its price touched $30.000. They will assume that bull run for bitcoin is over and seem like for those who familiar with future market they will put short entry.
But for day trader or swing trader, they will buy the dip especially they will buy when bitcoin touch $30.000 and most of them still hold until know. They will be expected that bitcoin will be formed ABCD pattern, yeah the key is bitcoin must pass the $42000 barrier first to form the ABCD pattern, let see what will happen.
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Baofeng
Legendary
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Merit: 1676
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January 14, 2021, 10:31:28 PM |
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Considering what happened in December 2017 and the early part of 2018, personally I wasn't encouraged to buy Bitcoin when the price dropped to $30k. I was thinking it might drop further. And based on what happened, I'm very sure a lot of people will not make a mistake of buying at $30k. The bitcoin market is so unpredictable.
Unfortunately, it didn't drop further than $30k, it remained at $32k and then we have a quick bounce to $38k++ now. And that's the problem if we keep on waiting for the price to drop down further. I'm sorry but this is not 2017's bubble yet. We are still far from seeing being going into the next bubble crash. This is just the beginning of 2017, wherein there is a lot of volatility but eventually finished the year with a new all time high, followed by the bubble being burst. So if the trend continues for this year, we might see the price hitting $100k.
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pixie85
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January 14, 2021, 10:52:47 PM |
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I try not to react to these small moves that take less than 5 days to unfold.
Was it really a dip? It could very well be a dead cat bounce. If you compare the peak of 2017 bull market with this one they look very much alike on 1d charts.
We have a high followed by a selloff and a lower high. Could be the end of a bull run, but could also be a continuation if we can form a higher high in the next few days. It's going to play out in less than a week. If we don't see a higher high then we could revisit 22 thousand.
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chikading2016
Member
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Activity: 949
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January 14, 2021, 11:14:54 PM |
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I did not bought on dip because i am afraid that the price will continue to fall. But in year 2018 i buy some coin that i am still holding right now. I see that if we buy on this dip there is still a risk because this is not a real dip, the real dip is not today it is in the past years.
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maxreish
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January 15, 2021, 02:49:05 AM |
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Luckily, when i sel off my altcoins when they followed the bull market, I had manage to buy some part of bitcoin. Not at the lowest dip but bought some part at $36k, now not regretting as the pullback is going smoothly.
While other's are afraid to buy at high price because for them the correction's price is still high and they are still waiting for the it to dump down to $20k as I can see we can not yet break that price. We all have a choice, it's how we react and manage our trading styles.
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arayde
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January 15, 2021, 01:43:49 PM |
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We will have even bigger dips to buy btc, im sure. Time will come and i will be ready to buy something on bitfinex from my card. Dont want to deposit fiat in advance. Im waiting for something like 25k to buy even more
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BITCOIN4X
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January 15, 2021, 01:54:20 PM |
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Luckily, when i sel off my altcoins when they followed the bull market, I had manage to buy some part of bitcoin. Not at the lowest dip but bought some part at $36k, now not regretting as the pullback is going smoothly.
While other's are afraid to buy at high price because for them the correction's price is still high and they are still waiting for the it to dump down to $20k as I can see we can not yet break that price. We all have a choice, it's how we react and manage our trading styles.
I think there are several other reason why people aren't buying bitcoin at high price these days and I think capital is the main reason. I believe all trader should manage their portfolio well even if they don't have much capital. Some of them are believed to prefer altcoin over buying bitcoin at high price in the hope that they will make a much bigger profit than bitcoin today. Bitcoin is the most recommended asset for long-term investment by most bitcoin enthusiast and I would never doubt it. But everyone can make a choice of asset that could potentially benefit them over a period of time. Altcoin are an option, maybe.
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AakZaki
Legendary
Offline
Activity: 2338
Merit: 1084
zknodes.org
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January 15, 2021, 03:25:29 PM |
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2018-2019 is a good year to buy bitcoin at deep prices. The price of bitcoin in 2019 touched the price of $ 3k and it is the cheapest price. Imagine if you bought it for $ 3k and sold it at its current ATH price of $ 40k. you will have many advantages. However to expect the current deep will probably be around $ 20k only. Support at $ 30k is still strong and is currently bullish again.
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Leviathan.007
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January 15, 2021, 04:04:59 PM |
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Not dip enough... The real recent dip happened on 2018 when some people were panic selling and unfortunately I didn't pay enough money to buy more bitcoins at 4K now we are just getting some short term price corrections. However, if you see and use these lil dips on the market you can easily earn amazing profit. The interesting this here is some people waiting for a dip at under 20K again to buy bitcoins. In my own idea, using the stairs strategy and buying at different prices is more reasonable than waiting for a dip.
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Issa56
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January 18, 2021, 01:57:49 AM |
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I dont think there is dip yet from what I notice the dump from the dump I think the dip is yet to come and what happen was just a correction or is just a little bit of the dip we are expecting, am thinking bitcoin will still dip more but it will be a gradual process.
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maculeth
Member
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Activity: 714
Merit: 11
BountyMarketCap
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January 18, 2021, 03:14:44 AM |
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no and I'm very sorry. it should have bought for $ 8000 and now look ... wow amazing! but I didn't buy at all when bitcoin fell, because I lacked money to buy it and didn't dare to go into debt.
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