MCobian
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May 26, 2021, 07:09:39 PM |
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When you don't know anything about where the dip is you shouldn't put all your money for the expectation of buying the dip. Always do your own analysis and don't put all your money in dips. We saw %95 losses on altcoins, you can never be so sure about dips. For BTC 30k looked like a dip but we may see lower prices and when BTC fall down alts fall worse. Buying coins from cheaper prices are always good but it's impossible to guess the dip every time.
Nobody will ever know the true dip price, it is true even though the altcoins price has dropped very deeply, the price of altcoins could still fall even lower. Therefore we decide for ourselves the purchase price for each of us. The most important thing when buying coins, don't use all the capital we have, always leave a little bit in case the price drops even lower. So we can buy again the coins that we bought. Maybe the big red candle can be a sign for them to buy at a dip because that red candle will appear at the market, so if they can buy at that price, they will expect to buy at a dip. Yes, we do not know when the dipping price comes, but we can buy the coin when the price is down. Even if we do not buy at a dip price, the price will increase and make a profit. Manage our money will be the best thing that we can do to buy at a low price because we will see many times of that low price. A good suggestion is to see the big red candle as a sign for us to enter the market, even though the big red candle also does not guarantee a dip price. At least we have a reference when the best time to enter, because there is no certainty where the price actually dips. Indeed, the key is how we manage the capital we have for investment. That way we can still make a profit, even we don't buy when the price dips.
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Fredomago
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May 26, 2021, 07:13:04 PM |
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When you don't know anything about where the dip is you shouldn't put all your money for the expectation of buying the dip. Always do your own analysis and don't put all your money in dips. We saw %95 losses on altcoins, you can never be so sure about dips. For BTC 30k looked like a dip but we may see lower prices and when BTC fall down alts fall worse. Buying coins from cheaper prices are always good but it's impossible to guess the dip every time.
Nobody will ever know the true dip price, it is true even though the altcoins price has dropped very deeply, the price of altcoins could still fall even lower. Therefore we decide for ourselves the purchase price for each of us. The most important thing when buying coins, don't use all the capital we have, always leave a little bit in case the price drops even lower. So we can buy again the coins that we bought. Maybe the big red candle can be a sign for them to buy at a dip because that red candle will appear at the market, so if they can buy at that price, they will expect to buy at a dip. Yes, we do not know when the dipping price comes, but we can buy the coin when the price is down. Even if we do not buy at a dip price, the price will increase and make a profit. Manage our money will be the best thing that we can do to buy at a low price because we will see many times of that low price. A good suggestion is to see the big red candle as a sign for us to enter the market, even though the big red candle also does not guarantee a dip price. At least we have a reference when the best time to enter, because there is no certainty where the price actually dips. Indeed, the key is how we manage the capital we have for investment. That way we can still make a profit, even we don't buy when the price dips. As there's still chances that the market will continue to fall, the good catch there is once it start to bounce you are in a much suitable position since you bought your assets mid or in the next stand. There are many traders who uses technical analysis in finding the best point to place their entry, when the indciation dictates them to place in the next target is when to close out. Some do shorting while other's love to see the big bounce and claimed much bigger stakes.
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Fivestar4everMVP
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May 26, 2021, 07:22:28 PM |
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Well, for me, i don't think there should be a point where stops buying the dip as long as its dip we talking about, personally, the only time i will stop buying the dip is when i ran out of cash to buy, but this depends on the coin am buying though, here we are using bitcoin as an example, the only time i stop buying bitcoins dip is when i ran out of cash, buying even at a lower price after youve initially bought higher is even a blessing in disguise as this helps bring down your average buying price which in turn creates room for more profit when eventually price begins to go up. but if its an altcoin that is not well trusted yet, i definitely would want to find out why price keeps dipping and what i find out will determine if i should keep buying the dip or just relax and wait for my selling price or even panic sell so as to buy in at a cheaper price later.
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Meta anggraini
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May 26, 2021, 09:12:56 PM |
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Well, for me, i don't think there should be a point where stops buying the dip as long as its dip we talking about, personally, the only time i will stop buying the dip is when i ran out of cash to buy, but this depends on the coin am buying though, here we are using bitcoin as an example, the only time i stop buying bitcoins dip is when i ran out of cash, buying even at a lower price after youve initially bought higher is even a blessing in disguise as this helps bring down your average buying price which in turn creates room for more profit when eventually price begins to go up. but if its an altcoin that is not well trusted yet, i definitely would want to find out why price keeps dipping and what i find out will determine if i should keep buying the dip or just relax and wait for my selling price or even panic sell so as to buy in at a cheaper price later.
Thats also my strategy, but now im run out of cash, so i hope theres enough time for me to have another entry before another rally happens.
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dunfida
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May 26, 2021, 09:55:49 PM |
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Well, for me, i don't think there should be a point where stops buying the dip as long as its dip we talking about, personally, the only time i will stop buying the dip is when i ran out of cash to buy, but this depends on the coin am buying though, here we are using bitcoin as an example, the only time i stop buying bitcoins dip is when i ran out of cash, buying even at a lower price after youve initially bought higher is even a blessing in disguise as this helps bring down your average buying price which in turn creates room for more profit when eventually price begins to go up. but if its an altcoin that is not well trusted yet, i definitely would want to find out why price keeps dipping and what i find out will determine if i should keep buying the dip or just relax and wait for my selling price or even panic sell so as to buy in at a cheaper price later.
Thats also my strategy, but now im run out of cash, so i hope theres enough time for me to have another entry before another rally happens. One of the situation which do really sucks is on when you do ran out of funds when you are actually making out some entry in the times on where dip do happen. When you see an opportunity but your funds isnt enough or already ran out then you would really be in rage for you not to do so. I have experience this stuff for how many times thats why i do make out some savings when im profitting which is only intended for times like these on where you can buy if you do see that the market give out some opportunity.
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goaldigger
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May 26, 2021, 10:43:06 PM |
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If there's so much panic in the market, more negative news then that could be a sign of a huge corrections just like what happened recently. I'm not buying on every dump, I just wait for a more cheaper price and I do stop buying the dip only when I have no more capital to buy. Its hard to know the bottom though so watch closely on every candles and look for sign of reversal.
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Ziskinberg
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May 26, 2021, 11:13:42 PM |
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If there's so much panic in the market, more negative news then that could be a sign of a huge corrections just like what happened recently. I'm not buying on every dump, I just wait for a more cheaper price and I do stop buying the dip only when I have no more capital to buy. Its hard to know the bottom though so watch closely on every candles and look for sign of reversal.
I use to take the opportunity of buying coin during its market correction but of course, it is a need for us to analyze first if that is really a good buying position or not. That is why we have to look at the market chart, we have to spend some time on it and we don't need to rush because that sometimes will rip you out. Buy in every dip? But the problem is if we still have enough funds to use. Because I don't want to reach the point that we surpass our limitations. Investing in altcoins is riskier than having Bitcoin. It is very important not to brag about our emotions but to stick to our limitations.
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devollito
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May 26, 2021, 11:56:11 PM |
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If this cycle is like 2017 then last week crash is the dip before we continue our bullish. But if this year is the year like 2014 we are at mid of the dip. And for me, i will stop now for a while untill the chart confirmed last week was the dip. Winter season for crypto can give the whole coin -95% dip.
The statement above was my personal experience in trading and buying the dip.
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HaekalZ
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May 27, 2021, 03:09:04 AM |
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I will keep buying for now, this is really the best moment for us to buy and invest more in crypto so that we can earn as many profit as possible until the price of altcoins go back to "normal" before the crash, don't worry and don't panic, HODL as long as you can.
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paramind22 (OP)
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May 27, 2021, 04:01:13 AM |
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The question in another way: at what point do you buy the dip?
It's based on how much total money you can invest, what you think the ATH is, and how far down you think it can go. Spending a lot too soon fearing one will miss out is a sure way to keep money in limbo for who knows how long.
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FairUser
Sr. Member
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May 27, 2021, 04:12:38 AM |
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Just a thought like this, when the market is good, everyone wants it to drop in price to have the opportunity to buy more crypto assets for themselves. However, not many people do that, and the fear of harm makes it impossible for them to know that their thoughts are correct. I can't help laughing with my friends when they always say when the market is down they will keep buying, but instead I see them constantly selling and taking losses, lack of market knowledge is so.
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michellee
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May 27, 2021, 07:01:35 AM |
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When you don't know anything about where the dip is you shouldn't put all your money for the expectation of buying the dip. Always do your own analysis and don't put all your money in dips. We saw %95 losses on altcoins, you can never be so sure about dips. For BTC 30k looked like a dip but we may see lower prices and when BTC fall down alts fall worse. Buying coins from cheaper prices are always good but it's impossible to guess the dip every time.
Nobody will ever know the true dip price, it is true even though the altcoins price has dropped very deeply, the price of altcoins could still fall even lower. Therefore we decide for ourselves the purchase price for each of us. The most important thing when buying coins, don't use all the capital we have, always leave a little bit in case the price drops even lower. So we can buy again the coins that we bought. Maybe the big red candle can be a sign for them to buy at a dip because that red candle will appear at the market, so if they can buy at that price, they will expect to buy at a dip. Yes, we do not know when the dipping price comes, but we can buy the coin when the price is down. Even if we do not buy at a dip price, the price will increase and make a profit. Manage our money will be the best thing that we can do to buy at a low price because we will see many times of that low price. A good suggestion is to see the big red candle as a sign for us to enter the market, even though the big red candle also does not guarantee a dip price. At least we have a reference when the best time to enter, because there is no certainty where the price actually dips. Indeed, the key is how we manage the capital we have for investment. That way we can still make a profit, even we don't buy when the price dips. Yes, but unfortunately, sometimes we miss that big red candle so we can not buy at the dip. It happened to me and many friends of mine, but we are trying not to regret that because I am sure that we will make a big profit in the future. As long as we can use the moment in the market, especially we see the red candle, we can use it to buy at the dip or we can wait for more if we found that the price can get down for more. By doing that, I am sure we can buy at a low price.
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Reatim
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May 27, 2021, 10:31:05 AM |
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Just a thought like this, when the market is good, everyone wants it to drop in price to have the opportunity to buy more crypto assets for themselves.
Everyone is Overstatement mate, because there are many people that wanted for continues growth and not dumping. However, not many people do that, and the fear of harm makes it impossible for them to know that their thoughts are correct.
What ? thoughts? and not reality? sorry i missed that part. I can't help laughing with my friends when they always say when the market is down they will keep buying, but instead I see them constantly selling and taking losses, lack of market knowledge is so.
That's common mate, because the problem with not completely investors will make them talk a lot and not doing what's necessary .
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Twinscoin2017
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May 27, 2021, 11:15:43 AM |
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Just a thought like this, when the market is good, everyone wants it to drop in price to have the opportunity to buy more crypto assets for themselves.
Everyone is Overstatement mate, because there are many people that wanted for continues growth and not dumping. However, not many people do that, and the fear of harm makes it impossible for them to know that their thoughts are correct.
What ? thoughts? and not reality? sorry i missed that part. I can't help laughing with my friends when they always say when the market is down they will keep buying, but instead I see them constantly selling and taking losses, lack of market knowledge is so.
That's common mate, because the problem with not completely investors will make them talk a lot and not doing what's necessary . Those who sell they are maybe lack of experience , most of them cannot control thier emotions and they always afraid of losing due to continuous dropping of the price, in short they are greedy they always wanted to see thier portfolio increasing like greedy always wanted, and by the time that the price drop, they always sell like panic sellers and losses the profit and sometimes thier capital too.
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jorgesalcedo
Member
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Trphy.io
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May 27, 2021, 12:32:16 PM |
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Markets are very uneasy right now. We should not sell at a loss with impatient actions. I am currently waiting for my target price with 50% cash. I think you should do that too. We have to set ourselves a goal and wait patiently. I am currently waiting for Bitcoin to reach the level of $ 33000, then I will invest ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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Mahdirakib
Legendary
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Merit: 1036
In Search of Incredible
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May 27, 2021, 06:33:27 PM |
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The question in another way: at what point do you buy the dip? It's based on how much total money you can invest, what you think the ATH is, and how far down you think it can go. Spending a lot too soon fearing one will miss out is a sure way to keep money in limbo for who knows how long.
I buy little amount of crypto when the price drop 10%-15% within a day. But I use a small part of my total money to buy crypto during the time. Cause the price may go down more than my buying point. If it goes down more then I buy more crypto at that point. Perhaps, majority of investors use this method. It's not possible to guess the end point of a dip. But I wait for a higher price drop when there are some FUD and bad news regarding crypto market. And it's really hard to catch the price at exact dip point while large market correction happens.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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MCobian
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May 27, 2021, 10:49:01 PM |
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Maybe the big red candle can be a sign for them to buy at a dip because that red candle will appear at the market, so if they can buy at that price, they will expect to buy at a dip. Yes, we do not know when the dipping price comes, but we can buy the coin when the price is down. Even if we do not buy at a dip price, the price will increase and make a profit. Manage our money will be the best thing that we can do to buy at a low price because we will see many times of that low price. A good suggestion is to see the big red candle as a sign for us to enter the market, even though the big red candle also does not guarantee a dip price. At least we have a reference when the best time to enter, because there is no certainty where the price actually dips. Indeed, the key is how we manage the capital we have for investment. That way we can still make a profit, even we don't buy when the price dips. Yes, but unfortunately, sometimes we miss that big red candle so we can not buy at the dip. It happened to me and many friends of mine, but we are trying not to regret that because I am sure that we will make a big profit in the future. As long as we can use the moment in the market, especially we see the red candle, we can use it to buy at the dip or we can wait for more if we found that the price can get down for more. By doing that, I am sure we can buy at a low price. Another alternative when we are left behind is not buying coins during the big red candle, we can wait for the price to fall again. Because crypto movements often repeat themselves, usually a big red candle will appear again soon, because the crypto price is volatile. But if the big red candle doesn't appear again, we can buy when the red candle, but can buy it gradually. This means that there will always be an opportunity for us to buy at a low price, therefore it takes patience to wait for the coins to drop to a low price.
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carlfebz2
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 27, 2021, 10:55:25 PM |
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The question in another way: at what point do you buy the dip? It's based on how much total money you can invest, what you think the ATH is, and how far down you think it can go. Spending a lot too soon fearing one will miss out is a sure way to keep money in limbo for who knows how long.
I buy little amount of crypto when the price drop 10%-15% within a day. But I use a small part of my total money to buy crypto during the time. Cause the price may go down more than my buying point. If it goes down more then I buy more crypto at that point. Perhaps, majority of investors use this method. It's not possible to guess the end point of a dip. But I wait for a higher price drop when there are some FUD and bad news regarding crypto market. And it's really hard to catch the price at exact dip point while large market correction happens. Proper money management is a must if you do really tend to make yourself sustain into this market and not just making out decisions that would really be resulting into further loss. Seeing opportunities like this doesnt come in a while and imagine 10-15% a day is a typical movement if i were to say but some do really get panic when seeing these declines. We do have our own set point on when to buy in when the market is on bearish or correction side. Trading skills and own decisions would really vary on this one.
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livingfree
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 27, 2021, 11:13:48 PM |
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Markets are very uneasy right now. We should not sell at a loss with impatient actions. I am currently waiting for my target price with 50% cash. I think you should do that too. We have to set ourselves a goal and wait patiently. I am currently waiting for Bitcoin to reach the level of $ 33000, then I will invest ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Been there done that. Was once an impatient guy that have sold at loss because I'm very impatient and didn't liked the situation before. But experiencing it have taught me that it's just part of the market and it should happen. Losing at loss will only make you realize that you shouldn't have done that if you have a solid belief with the coin you bought.
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