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Author Topic: Did you bought the dip?  (Read 318 times)
newwest
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January 18, 2021, 06:41:05 AM
 #41

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.

That is the issue that one need to have startegy and some money in place so that dip can actually help you make some money at times it could be just in a matter of hours where it can easily rise like 10% and you make quick profits and sell it. But for that proper planning of funds and patience becomes the key so that on dip you can buy and if need be also can hold.

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January 18, 2021, 09:03:45 AM
 #42

from now no one knows how much the deepest price of bitcoin, all people said I will buy on dip but they don't know when?. In my opinion, you should be thinking to buy bitcoin at this price, when you looking for the deepest, you will never have.

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MCobian
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January 18, 2021, 10:21:34 AM
 #43

I am among those who are waiting for the price of Bitcoin to fall as it is today, because now I think is the right time to buy Bitcoin again.
Because it's very difficult right now to expect Bitcoin to drop below $ 30k, because now many institutions are investing in Bitcoin for
the long term. So the price of $ 36k is pretty low if you want to buy Bitcoin. Indeed, many also hope that Bitcoin can return to a price
below $ 10k, to be able to actually buy Bitcoin at a cheap price. But it looks like that can't be happening.

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michellee
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January 18, 2021, 01:36:03 PM
 #44

We can not always buy the dip because we do not know when the price will be a dip. But we can buy the coin when the price is down, and no matter if that is the lowest price, if we can hold it for a while, we will see the price will be back to increase again. After the downtrend, the uptrend will come, and in that time, you will see your investment value will change and you will see how much profit you can make from the coin. But it needs patient before you can see that change and you should hold your coins tight.

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ene1980
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January 18, 2021, 04:57:29 PM
 #45

from now no one knows how much the deepest price of bitcoin, all people said I will buy on dip but they don't know when?.
That is a fact, once the price touched $42k you never know what the future holds and when we will see a correction considering the global financial situation and with institutional investors pouring in their money you cannot predict when they will be dumping the coins.
I am not confident enough to invest right now, i have the patience to wait till we see a major correction.
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January 18, 2021, 05:04:46 PM
 #46

The real dip was in 2018 and 2019.
That was the time to fill the pockets
.
Now we just had a small discount Wink

The small discounts are still profitable in someway but not impactful as the year 2018 and 2019. Haha.

I always believed that buying at the lowest points of Cryptocurrencies can always be profitable and we should take this opportunity to buy whenever possible but we should have the capital to do so because the effect or gain that we would have is greater than our initial capital but that opportunity is only possible once we decide to invest on that opportunity.

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2double0
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January 18, 2021, 05:10:23 PM
 #47

The recent dips were the most dangerous liquidations, worst nightmare for longs who bought it at high leverage in those ranges. It was already an opportunity for everyone who wanted to buy Bitcoin for less price. I don't think we may see such a dump again.

Waiting too long for a trade may prove more expensive when btc touches more ATHs.
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January 19, 2021, 03:07:40 AM
 #48

from now no one knows how much the deepest price of bitcoin, all people said I will buy on dip but they don't know when?.
i have the patience to wait till we see a major correction.
you will be fine if you have the machine time, we never know when the major correction or it could never happen. In march 2020 people said bitcoin will fail under $1000 and some people waiting that where couldn't happen until now. we never know $36,000 is the deepest price were maybe never touched again in the future.

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