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Author Topic: Did you profit from the dip  (Read 332 times)
Zilon (OP)
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September 09, 2021, 10:11:32 PM
Last edit: September 10, 2021, 07:12:56 AM by Zilon
 #1

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think
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September 09, 2021, 11:14:29 PM
 #2

We can always make a profit at both bulls and bears but for me, it's totally fine to wait for the bullish market to come and take the profits with me as it comes. I don't have to do that much and usually do the thing most holders do to wait for the dip and buy from there and wait until it goes with a profit. That's all I have to do and if it takes longer, I'm still beating it because I'm already good with anything that happens above $30k.

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September 09, 2021, 11:22:12 PM
 #3


You can do that with futures market, but it's riskier. It's the same when you assume the bears are over because they probably are not so you better just wait for the trend if you wanted to be safer. They say the trend is a friend and yes indeed. When a trend is forming in your chart, you can buy and then wait a while, that's simple as you won't have to panic sell.


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September 10, 2021, 12:26:45 AM
 #4

I was scared at first. If i liquidation If I had not added, my balance would have been zero long ago. I added a lot of dollars to recover my balance. As a result, even after a lot of dumping in the market My balance was recovered.
You have Solana's pump to thank  Cheesy. During the flash crash on Bitcoin and other majority of cryptocurrencies, Solana was midway it's pump and didn't dump and hard as most of the coins. If you had entered a long on coins like Link or Ripple, Your position could have not been able to stand a chance.

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September 10, 2021, 01:37:05 AM
 #5

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k.
Bitcoin will dive again to $43k to $44k in next two weeks. After the mid of October, next month, things will become better on the market and we will see another campaign on social media for Bitcoin.

Since mid of October, I believe that on social media, there will be more positive news than negative news because market makers will try to lift the Bitcoin up, to the top of this bull run.
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September 10, 2021, 03:12:50 AM
 #6

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k.
Bitcoin will dive again to $43k to $44k in next two weeks. After the mid of October, next month, things will become better on the market and we will see another campaign on social media for Bitcoin.

Since mid of October, I believe that on social media, there will be more positive news than negative news because market makers will try to lift the Bitcoin up, to the top of this bull run.

This is very probable because it will normally touch back where it first hit before going up again. So having a buy order of $43K will be good for traders who have yet not bought today. And this also applies to altcoins, I guess most altcoins will also dip soon.

The fud continues in the crypto market as well despite how much acceptance we see through the years of BTC.



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September 10, 2021, 05:20:39 AM
 #7

Yes, In this DIP I made a good profit. I spot-bought some altcoin, SXP, Cardano, SOL, CRV, GRT, VET, Tomochain, etc. I am in good profit now, Still holding those bags. As I bought those coins at the spot, I am safe. There is no worry about liquidation. Now booking profit Smiley

Bitcoin dump from $51800 to $42,000 and Around +2.7B dollars liquidated within only 1 hour! 24H Rekt $3.69B, Exchange made a huge profit from this Bitcoin dump. Future, margin trade is very risky. Most of the positions got liquidated at this time. 
Now bitcoin trading $44k to $47k, I hope soon there will be a big upward or downward move. But I am in bearish now, Hope Bitcoin will retest the $42k zone again.

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September 10, 2021, 07:42:33 AM
 #8

As traders or investors, we need to use any moment to ourselves to benefit from that.
No matter if the market is on the bull or bear market, we need to analyze the market so we can know if that is a good time to enter or leave the market and know when to buy or sell.
In this situation, it is not easy to predict where the market will move, but we can analyze for a while to know what we need to do.
You can join in any trend if you want, but that will depend on how good you analyze the market to make a profit.
If the bitcoin price stays at $45k-$48k for a while, that will not be a problem for us as we can use it to buy back more bitcoin.

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September 10, 2021, 07:42:53 AM
 #9

At this point it's quite skeptical but if you really know what you're doing it's fine wherein despite of the situation of the market you can still make quick profits, actually that's what i'm doing right now since the correction after the bull run, patience and efforts is a must, because nowadays if you will fell always to some false signals in the market you will end up losing money instead of gaining.. So on this point it's not an easy task to ride the bearish wherein it requires more patience and of course good strategy in order to maintain the win rate.
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September 10, 2021, 07:53:17 AM
 #10

At this point it's quite skeptical but if you really know what you're doing it's fine wherein despite of the situation of the market you can still make quick profits, actually that's what i'm doing right now since the correction after the bull run, patience and efforts is a must, because nowadays if you will fell always to some false signals in the market you will end up losing money instead of gaining.. So on this point it's not an easy task to ride the bearish wherein it requires more patience and of course good strategy in order to maintain the win rate.
Consistency also can help in trading, I mean if we keep trading not necessarily the same one but trading coins that have potential for profit in a day can help us improve our impulse in trading. I remember just waiting for a coin that can increase its potential for future but then didn't survive to recover after its dip. Continuous trading and trying of coins can help us be aware of how tge market really works. I give up holding too much after that, we can learn and earn from dip if we learn to giveup that coin or to decide whether to sell it at some point.

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September 10, 2021, 09:51:03 AM
 #11

It's actually very encouraging to see that price hasn't gone into a volatile swing after that crash, instead looks like again is consolidating, so this time we might see another long upward month into 55k.

I don't trade so I didn't profit but earning BTC during the dip also counts, right? Smiley

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September 10, 2021, 10:13:14 AM
 #12

I was scared at first. If i liquidation If I had not added, my balance would have been zero long ago. I added a lot of dollars to recover my balance. As a result, even after a lot of dumping in the market My balance was recovered.
You have Solana's pump to thank  Cheesy. During the flash crash on Bitcoin and other majority of cryptocurrencies, Solana was midway it's pump and didn't dump and hard as most of the coins. If you had entered a long on coins like Link or Ripple, Your position could have not been able to stand a chance.
His choice of altcoin is good and that's why he profited out of it as SOL is most profit giving altcoin at this time due to it's scalable blockchain and all those NFT projects being launched over its platform as it was around $1 in Jan and now it is at above $160 coming down from ATH of $193 also so it will give more returns to the holders in future with more progress undoubtedly.Don't prefer many altcoins but this is something good in the market.

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September 10, 2021, 12:49:17 PM
 #13

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think

Yes I did experience benefiting from the market dip but not as a day trader, but a long term holder. I usually buy back some promising coins and tokens during the dip and from my experience that some of them didn't push through, but others are going up and I am happy at least to take some profit. It's also a gamble to buy the dip, because you may not know when it will go up, or it may even go down further that would make it expect the unexpected.

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September 10, 2021, 12:52:20 PM
 #14

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.

For me I joined the trend after the formation of an evening star just above the overbought zone I knew it was going to be a massive sell so I joined the train and made some cool profit. It might likely take a longer time for another pullback for now let keep consolidating around $45k-$48k. What do you think
I already profit before the dip and I am waiting for my order buy fills to wait for another rising of the coin price. Bitcoin is now good to buy as the price is still at a low price to follow to buy and hold it. It is good if you can profit from the coin so now, you will have a chance to buy back at a low price. But you need to know that we do not know when the price will go up so you need to calm down if the price is down for more.



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September 10, 2021, 01:19:11 PM
 #15

Profits at these points may be good, but the volatility is unexpected and the chance of missing the train is high, so it is better to do it with low amounts as the price can break the resistance barrier and thus stay at $50,000 for a long time.
Profit was achieved by buying at $30,000 levels, then the profit was guaranteed and in a very short period.

The market is still not guaranteed and a lot can change.
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September 10, 2021, 01:44:59 PM
 #16

At this point making profit from both bull and bear market should be the target so we don't always wait until the market is bullish before we make profit out of Crypto. We're you able to spot the beginning of the bear moment or did you join the trend after several candles formed.


Futures is simply the best way to make easy profit, yes I spotted the drop but due to one reason or the other, I wasn't able to take a decisive decision to dump for profit and within an hour when I had the time for the decision, hahah it all came crashing down in my face I couldn't do any action again than to watch the losses. Anyway it is a drop and the rise is what the expectation is now because it was a correction that cut most traders trapped in the maintime.
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September 10, 2021, 01:48:30 PM
 #17

The market dip was very juicy but short lived!  I always try to catch dip like that by staying hibernated! And every now and then,  they always come!  I was able to flip fantom for 80% gain,  algorand for 100% and bnb for 10%! I still believe altcoin market is still bullish!  I am watching bitcoin closely!

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pawanjain
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September 10, 2021, 02:03:19 PM
 #18

I didn't make any profit from the recent dip since I am not trading these days and just HODLing.
But yeah I did buy some coins in the recent dip to have my buying target fulfilled. So far it's going good.
I believe when the market pumps I will get a really cool profit out of it. I think the dip won't last long and in a few weeks or days may be we might see another pump.

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September 10, 2021, 02:56:21 PM
 #19

I didn't make any profit from the recent dip since I am not trading these days and just HODLing.
But yeah I did buy some coins in the recent dip to have my buying target fulfilled. So far it's going good.
I believe when the market pumps I will get a really cool profit out of it. I think the dip won't last long and in a few weeks or days may be we might see another pump.

Me as well, didn't made any good profits during this dump as I keep my coin believing that before this year end  good pump will happen.

If chance permits and I still got some spare I'll add more with my holding and keep it,
bounce back always follow the market cycle just need to add more patience during this days.

The current market still good for someone who loves to take long term investment, the
possible profits is way better just do your DYOR.
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September 10, 2021, 03:10:02 PM
 #20

I didn't make any profit from the recent dip since I am not trading these days and just HODLing.
But yeah I did buy some coins in the recent dip to have my buying target fulfilled. So far it's going good.
I believe when the market pumps I will get a really cool profit out of it. I think the dip won't last long and in a few weeks or days may be we might see another pump.
slightly different from me, during this decline I got a little profit from trading, but indeed my investment assets also decreased in value. from trading activities we can take advantage of the bounced price to make a profit, but it's not much and the capital I use is also only a small part, because my biggest capital is placed in long-term investments

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